2 weeks into this quarter.
Pretty slow start in terms of trading for me but very productive anyways.
This second half of the month I'm focusing on backtesting, reading more and maybe some running here and there 🤔
Hope everyone is having a great week ! ...
Not much trading stuff for me today.
Was busy with some other side hustles.
Also haven't been reading much lately so trying to get back at it and read a couple of chapters a day.
Are you guys reading any books at the moment ? 📖 ...
Back to business !
Very productive day today, feeling much better, catching up on all the things that I missed yesterday but pretty happy overall.
See you tomorrow ✌️ ...
Apologies for the picture today, I did partially break my camera trying to take a picture which ended up being really bad so I didn't even use it.
How annoying ...
Anyways pretty quiet day for me, came back from Italy this morning and still catching up on some work that I wasn't able to do during the weekend.
Nothing too interesting on the trading side.
So see you tomorrow 😉
Also just hit 5k so thanks a lot for that 😬 ...
So much drip 💦💦 making them eyes pop ...
While the majority tries to put investing and trading in the same bucket, it's simply impossible.
As an investor, you are investing in a project or company. You are investing in the future of that company and that's why your main criteria should be based on fundamentals and analyzing its team and plans for the future. Also, you want to invest in projects or companies that are already doing good and try to avoid those that have their plans only on paper without a real product or prototype.
Because of this, your perspective is long term and you should not care about intraday price fluctuation.
On the other side, as a trade, you should focus on the current market conditions. You want to buy in an uptrend (when the general market trend is pointing up) and sell in a downtrend (when the general market trend is down). Your focus is more on technicals and analyzing what the market is doing.
As a trader, you don't have to be obsessed with knowing too much about fundamentals. You can be a great technical trader without knowing too much about the economics and the background of the company.
As a trader, your focus in on the lower time perspective (weekly or monthly) rather than yearly in case of investing.