Legendary traders often advise that we should not be afraid to change when the market changes, because if we try to stick to old assumptions when the market has turned to a new trend, it will only harm our account. . Traders are often considered the right guys, when today say up, call down tomorrow, but in fact, traders who easily change their opinions are the longest survivors in the market, because he does not. have a big ego and easily go the direction of the market.

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.