As the clock struck midnight in the Asia Pacific time zone, I celebrated not only my 35th birthday but also my 13th year of learning within the FinTwit community.
Within the realm of solitary trading, there are often instances when the sole source of joy, particularly during a lacklustre market period, is through acts of generosity. With that in mind, I would like to take this moment to express my deep gratitude for the years of selfless education I have received as a silent reader, along with the intellectually stimulating discussions held within this community.
Furthermore, I wish to take this opportunity to delve into the purpose and significance of maintaining a daily market diary, as it plays a vital role in your development and growth as a trader. It serves as a navigational tool, keeping you closely on track with market movements, situational awareness and helping to curb over-trading beyond your prepared watchlist.
Finally, I would like to extend my gratitude to the following Twitter accounts that have greatly contributed to the development of my market diary over the years.
1. @finitrades - Selfless sharing of Notes & Watchlist Template, with trading style heavily influenced by @Qullamaggie. His google doc also has a whole list of great hyperlinks to @Quallamaggie's material
2. Ben Bennett - Mid-Week market technical analysis on youtube and twitter, was watching it since 2015.
3. @cfromhertz - Daily Market Recap video is the first thing I watch in my morning since i found it on 2017! Demonstrating genuine passion for the market by consistently producing a 20-minute video every day since 2015!
4. Mike Prechter - An ideal mentor who effectively communicates about risk back in 2010s in twitter. Rumored to be the Phantom from 'Phantom of the Pits' . Greatly missed!
5. @alphacharts365 - State of The Market (SOTM) video is my Sunday evening's ritual. No BS, simply clean charts on both daily and weekly of market, key sectors, bonds, vix, credit spread, and I love the new HG1!/GD1! relative strength between copper and gold to access economic growth.
6. @RichardMoglen - after SOTM, I will be watching Richard's Stock Market Outlook. Richard deserves recognition not only for his skill as an interviewer of great traders but also for his dedicated efforts in creating informative watchlist and stock market outlook videos.
By increasing the playback speed to 1.25 for both @alphacharts365 and @RichardMoglen videos, you can effectively cover the content within 20 minutes. This allows you to not only obtain a second opinion but also a third opinion, enabling you to keep your own market analysis and biases in check.
7. @LeifSoreide - An aspect of my diary is the breakdown of the sub-market such as $IJS, $IJT, $IJJ, $IJK, $IVE, and $IVW. This was an influenced from Leif.
8. @PrimeTrading_ - Alex consistently shares his daily leading sector scans and a meticulously curated watchlist of stocks. His watchlist comprises only those stocks that meet stringent criteria based on fundamental metrics, relative strength, technical analysis, and his proprietary scoring system known as PRIME Score. Additionally, his proficiency in spreadsheet formulas has inspired me to maintain my own spreadsheet in a sleek and organized manner.
So here we go!
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🛡️🛡️🛡️Deribit Proof of Reserves 🛡️🛡️🛡️
1/5 We have just released a new functionality allowing all clients to verify their assets to be included in our overall reserves. 🧵
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Get a cup of coffee.
In this thread, I'll walk you through the P/E Ratio.
Why do some companies trade at 5x earnings and others trade at 50x earnings?
When I first started investing, this was hard for me to understand.
So, let me break it down for you.
Save money.
Get in shape.
Get out of debt.
Build better habits.
Defeat procrastination.
5 Excel & Google Sheets Templates You Didn't Know You Needed (Until Now): 📊
Unfortunately, I have some pretty bad news to share. Last week Ikigai was caught up in the FTX collapse. We had a large majority of the hedge fund’s total assets on FTX. By the time we went to withdraw Monday mrng, we got very little out. We’re now stuck alongside everyone else.
If you want to know what the endgame for today’s sovereign debt crisis will look like…
The FTX drama over the past 48 hours serves as a great blueprint for what to expect next
Time for a thread on why central banks are about to embark on the FTX insolvency playbook🧵👇
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To make my current position on the market perfectly clear and to those that like to speculate and twist what my tweets mean, here's the note to my clients released just minutes ago.
The orderbook hits you differently when you see who are the actors providing liquidity: market makers, users and protocols too!
Here the SOL/USDC book on the Serum CLOB.. you find liquidity coming from Mango, Wintermute, Atrix, Raydium, Jump, Alameda and more
Tascha Labs Podcast (@taschalabs)
One of my go-to people to understand macroeconomics.
She has created several fascinating frameworks to help evaluate protocols.
I like how she's an economist but isn't afraid to venture beyond BTC / ETH.