New Year! New Money!

January 01, 2023

Hi There! Happy New Year! May your 2023 be filled with the cleanest bill of health, abundance, and consistently profitable trades! These first seven days in 2023 will determine the fate of the markets for the rest of the year. Our mastermind group will be tracking volume and volatility in the week ahead. Trade very cautiously, if at all.

Let's dig in!

We did not get the big hoorah we were hoping for last week. There were tiny, sporadic bursts to the upside, but overall the bears controlled the markets. The markets continue to be on an overall downtrend.

Key highlights from last week:

  • US housing market takes a hit

  • Pudgy Penguins NFTs on a comeback

  • Solana price down 97% from peak

  • Polygon Bridge ranks #1

Here's what to expect in the week ahead:

The high-impact economic releases next week in the US markets are FOMC Minutes on Wednesday (01/04/2023) and the Non-Farm Payrolls and Unemployment Rate on Friday (01/06/2023). Expect volatility.

For my Forex peeps: Watch out for medium-to-high impact news that may affect any of the EUR, GBP, JPY, and/or CAD pairs.

What's the anticipated bias (not financial or investment advice):

  • Monday (01/02/23) - Stock Markets Closed; crypto 24/7

  • Tuesday (01/03/23) - Secure profits in the morning

  • Wednesday (01/04/23) - Increased volume in crypto

  • Thursday (01/05/23) - Expect the unexpected

  • Friday (01/06/23) - Follow the trend; pay yourself

Historically the first 3 days in January have been bullish!

December Week 12/25/22 - 12/31/22 Recap

Contracts to buy U.S. previously owned homes fell far more than expected in November, diving for a sixth straight month in the latest indication of the hefty toll the Federal Reserve's interest rate hikes are taking on the housing market as the central bank seeks to curb inflation.

Following a difficult end to 2021, one of the most iconic PFP projects of the 2021 bull run looks to soar to new heights.

SOL rebounded 20% after falling to its worst level since February 2021, and eyes further recovery due to a bullish candlestick formation.

Your description for this link...

Mindset: Trading Psychology is Paramount!

Studies have shown that success in trading is directly related to who you are and how you think. This is why trading psychology is so important.

Here are three useful trading tips:

  1. The biggest enemy is you. Follow your trading plan and rules, and exercise proper risk management.

  2. Play to your strengths to find your edge in the market. Customize your trading strategy to match your strengths.

  3. Journal! Journal! Journal! A trading journal is a must! This isn’t up for debate. Track your trades.

Who you are as a person always shows up in the markets!

If you have questions or would like to learn more about the team I trade with or want to get started in trading but you aren't sure how to let's chat!

Hi There! If you like the information and want to say thanks or encourage me to do more, you can buy me a coffee. Thank You!

The 10 Page Trading Plan is What Successful Traders Use. Take what you need to know and plan your month! Save hours every month and have a plan every day! Recession Proof Your Time and Trading.

ACCESS TO ALL OUR TRADING STRATEGIES:

ALLIGATOR TRADING

STRATEGY FOR DAY TRADERS

AND

SWING TRADERS

The Trading Mastermind - Where Entrepreneurs Master Stocks,

Options, Forex,

and Crypto! When

you join DCG Mastermind You Get Access To Over 6, 7, and 8 Figure Traders.

Disclaimer: The information provided in this report does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the report’s content as such.