Notable News:
- November NFP was significantly weaker than expected, reaching 245k, the slowest growth rate in 6 months;
- BofA said on Dec. 4 that investors stepped up buying more risky assets while withdrawing money out of safe-haven bunkers, following major vaccine forays extending hope that Economies could get closer to normal by 2021. BofA said a record $ 115 billion has been poured into hedge funds over the past four weeks. In contrast, the traditional shelters of gold have seen capital outflows of $ 9 billion over the past three weeks;
- Brexit: There are reports that the UK and the EU have made progress on fishing quotas, sparking hopes that a post-deal is within reach; However, UK Economy Minister Alok Sharma said on Friday that these trade talks are in "difficult times", and France has also threatened to veto any deal. they did not agree;
1. I am not afraid to change 360 degrees or change my perception of a trend as soon as there is chart evidence that the trend has changed. On the stock market, there are only 2 types of traders ... the fast-changing and the dead! The stock market in 1998 changed from bullish to bearish in just one month. - Mark Minervini
2.Your capital curve should look like stock with good momentum:
- lying on the lines ghost 10 and ma 20
- have strong growth spikes
- have tight and narrow accumulation episodes
- have very few severe declines
If you achieve that goal, you are doing very well with risk management, stock options, and entry/exit points. - Julian Komar
3, Things I try my best to do:
- Exercise 3 times per week
- Focus on the positives
- Drink a lot of water
- Laugh with everyone
- Show gratitude
- Get 8 hours of sleep
- Laugh more
- Not interested in teasing others
- Read every day
- Write every day
- Reduce your sugar intake
- Eat plenty of vegetables
- Trading is very stable and not too market-focused.
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