There is give & take 15 trading days left in 2024.....
2024 has been a clear cut win for leaders in each sector
2nd tier & 3rd tier got no chance to breathe as leaders jumped several 100% from its low
Many traders did not adopt to new strategies and were always trading in their comfort zone
Nothing wrong in trading in anybody's comfort zone as long as you are @ least close to market gains...BUT to lag badly needs a " serious review of your strategy.....
2024 was very easy to make money as many stocks displayed a well defined trading pattern.....which was begging to take advantage of......
Wall Street keeps changing and old formula's do not work in each bull run
Not every bull market " lifts all boat "
This is exactly where we get caught in our strategy...
It IS extremely important to " read the message of the market "
BUT we try to " tell market what to do "
Time & Money waits for nobody
Every moment / day we waste in NOT listening to market, we lose precious advantage in market...
Fast forward to 2025.....
Do you think that 2025 market will be like 2024 ?
I do NOT believe so
It will be a totally different market.....
Again you have to " closely monitor message of the market "
Can you imagine IF you misread message of the market AGAIN in 2025..... that will be a huge underperformance 2 years in a row.....which none of us can afford
SO...be extremely alert to any & all changes in 2025 game plan....
Making money is NOT all about TA which experienced traders rely on.....like 2024, 2025 will be about FA.....YES...Fundamental analysis......
I think that is " enough focus for those who are " too rigid " in their past expertise.....
Time keeps changing & Strategy needs adapting....
Good luck with your own focus & comfort level.
BLOG does NOT give buy or sell.
Saleem
8 comments:
Thank you for all the valuable informations Salem!
Hi Stock Rookie,
My pleasure ALWAYS to look ahead!!!
Saleem
Hi Stocktrader,
Last Week UP 7.48%
YTD UP 76.84%
Saleem
Hi Stocktrader,
Bought TSLA.NE @ $36.00 in Toronto
Saleem
Hi Saleem,
Good luck with TSLA!
Another great week for you as we approach the final bell of the year :)
Stocktrader
Hi Stocktrader,
Bought MU.NE @ $23.50 in Toronto
Saleem
Hi Saleem,
Good luck with MU! I am always tempted by that company because it feels like memory is still massively growing in terms of need.
Stocktrader
Hi Saleem,
Last week: +0.63% (YTD: +13.00%)
Portfolio Leaders: BMR BITU
Portfolio Laggards: ZENV MTRN PAR
It was a week of NASDAQ stars and the portfolio lagged slightly but still managed to eke out gains. There continues to be intraday volatility but the trend remains higher with a rotating set of winners on a weekly basis. As we coast into year end, there shouldn't be much in the way of disruption unless inflation numbers or the Fed really surprise us. It is time to get that shopping list of laggards ready for a few tries.
Portfolio: BITU(x2) CNK(x1.5) OSIS PAR PRGS ZENV MTRN PLNT UEC BMR, cash 0%
Stocktrader
Post a Comment