Crypto Trading Tips
1. Create a Personal Trading Journal: Keep track of all your trades, strategies, and market observations. This will help you learn from your successes and mistakes.
Crypto Trading Tips
BTC Trades
The Coin entered the Demand Zone (Marked in Green). It should go up, at least according to Technical Analysis.
BTC Trades
S&P 500, Nasdaq100, and Russell 2000image
S&P 500, Nasdaq100, and Russell 2000
This week was a true rollercoaster ride in the stock markets. Ahead of the interest rate decision, I hedged about one-third of my portfolio, which prevented me from fully benefiting from the positive euphoria following the rate decision. I plan to close this position by Tuesday at the latest, provided the stock markets continue to react positively to the rate decision early in the week.
S&P 500, Nasdaq100, and Russell 2000
China
The impact of the U.S. election on China is often overestimated. The BRIC economies (Brazil, Russia, India, China) are clearly larger and more significant than Europe or Japan. These markets are not saturated and are crucial for companies like Coca Cola. China's recent monetary policy measures, after years of sluggish growth, have reinforced its ambition to reclaim the position it held in the 19th century. Such significant turning points take time to develop and cannot be resolved in just a few weeks.As long as the volume profile of one of the key China equity ETFs remains positive and U.S. investors buy more in positive phases than they sell in negative ones, I consider this market intact. I am gradually building positions in strong Chinese stocks, but they will not exceed 10% of my portfolio. This caution is due to living in Western countries that have aggressively intervened in the capital markets, effectively rendering Russian stocks worthless for private investors. In the battle of global ideologies, this could pose a significant risk to my capital. I view cryptocurrencies similarly in this regard.(Personal opinion - no advice - no recommendation to buy securities - no financial advice)
China
Chinaimage
China
Pessimism around Chinese stocks is high. Naturally, I’m not a fan of a capitalist stock market within a communist system, especially considering how Russian ADRs became nearly worthless for regular investors. I see similar risks with Chinese stocks, particularly in the event of conflicts between China and the U.S. in the Pacific. That's why I will limit my exposure to Chinese stocks to 10% of my portfolio.
China
ADA Update: 18.10.2024image
ADA Update: 18.10.2024
Short Term and Longer Term Target hit (+8-12% depending on FVG or OB followed by up to +17% for run down to the stops.
ADA Update: 18.10.2024
DOT: Short Term Analysisimage
DOT: Short Term Analysis
Even though I only trade intraday, I still go into timeframes that are way beyond that in order to build my bias for the respecting smaller timeframe. So even though this is a 1h analysis, let's look at the weekly chart first ⬇️
DOT: Short Term Analysis
How the Magnificent 7 and tech companies are transforming the old economy
How the Magnificent 7 and tech companies are transforming the old economy In the current phase of digital transformation, we are seeing a significant redistribution of capital in the global economy. My recent cartoon (source of course ChatGPT) illustrates how the so-called "Magnificent 7" - a group of leading tech companies - and other players in the tech industry are siphoning off massive amounts of money from traditional old economy companies. This dynamic is further intensified by the increasing importance of artificial intelligence (AI) and other innovative technologies. The old economy, consisting of traditional industries such as automotive, mechanical engineering and consumer goods, is being forced to invest huge sums in digitalization and the integration of AI technologies. This need for transformation is unavoidable in order to remain competitive in the modern, technology-driven world. The tech giants play a central role in this by providing not only technological solutions, but also the necessary expertise and infrastructure. So at the moment, company profits are moving in line with share prices, so no bubble yet, or what do you think? There is also good research from Goldman Sachs that underpins this development once again with figures.
How the Magnificent 7 and tech companies are transforming the old economy