I have been slacking off lately with my weekly posts. This is owing to the fact that I have been really pushing on my trading learning curve by spending most of my time watching videos from the pros, backtesting strategies and studying charts. Due to this, I will be changing my weekly highlights to focus more on market performance i.e. major indices and sectors, and anything market related to align my activities with my goals. I will still include podcasts and my usual weekly reads.
I am looking for a Trend Line undercut and a challenge on the 20D EMA. I have been kicked out on my trail stop losses in my trading accounts from this market pull-back and that's fine with me. Pretty much sitting on cash whilst looking for strong market performers resisting this sell-off.
Leaders and Laggers
Rotation to cyclicals was the theme for the last few weeks. Oil and Gas, and Energy are the strongest sectors but these are the industries I don't normally trade. I am okay to miss out on this. The worst asset performer is Bitcoin; and Nasdaq Composite as the over-extended Tech movers retreats.
11 Secrets to Financial Success - Anton Kreil
Simple Way of Measuring and Tracking Your FI/RE Progress by 10KDriver
Super Trade Tactic - 3 Keys to Superperformance, Mark Minervini
How to Become Rich, Mark Minervini
Rule of 72 by @10KDiver
Savings Rate of a Nurse in Central London
Bitcoin - All Time High!
Nick Huber's Twitter thread on business and life in general. The longest thread I've ever come across with on Twitter.
There is more to life than COVID - 2021 Intentions.
To the Moon - 2020 Investment Gains!
Year 2020 Budget Review. COVID Edition.
Investing sucks? Lost -£1473.84.
Invest 20,000 before December 20, 2020 Challenge - An Update.
Invest £21,000 - progress.