Welcome to the first paid edition of The Wolf Den. I am grateful that you chose to join and look forward to building the newsletter with all of you in 2020.As expected, the market has generally traded sideways across the board throughout the holiday season, as traders are spending time away from the charts and volume is low. I expect some fireworks once again in the coming days and weeks as everyone settles back into their normal routine. I, for one, am looking forward to getting back to work.The sideways price action has given traders a great opportunity to take a break from work and spend time with family and friends. The best traders know how to shut it down when market conditions are suboptimal. I hope that you were all able to take a break from obsessing over the market - this was your chance to catch your breath."Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas." - Paul SamuelsonWise words. Traders with a long term focus who intend to trade for decades understand that trading should be boring and more like a job than a craps table. With this mentality, it's easy to take time off when the market is slow.This issue is somewhat of a hybrid between the classic format and the chart requests that I will share on Thursdays. In general, look for the "normal" newsletter on Tuesdays, with the special chart request edition on Thursdays. Those chart requests are included at the bottom of the email - DOGE, HOT, MANA and STORJ for this week.What’s in this issue?Bitcoin thoughts and technical analysisTrading with confidenceAltcoin Trades - ADA, ETH, FEL, FUNChina is going digitalGet rich quick - or notChart requests
The Wolf Den #7 - Thank You For Joining!
The Wolf Den #7 - Thank You For Joining!
The Wolf Den #7 - Thank You For Joining!
Welcome to the first paid edition of The Wolf Den. I am grateful that you chose to join and look forward to building the newsletter with all of you in 2020.As expected, the market has generally traded sideways across the board throughout the holiday season, as traders are spending time away from the charts and volume is low. I expect some fireworks once again in the coming days and weeks as everyone settles back into their normal routine. I, for one, am looking forward to getting back to work.The sideways price action has given traders a great opportunity to take a break from work and spend time with family and friends. The best traders know how to shut it down when market conditions are suboptimal. I hope that you were all able to take a break from obsessing over the market - this was your chance to catch your breath."Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas." - Paul SamuelsonWise words. Traders with a long term focus who intend to trade for decades understand that trading should be boring and more like a job than a craps table. With this mentality, it's easy to take time off when the market is slow.This issue is somewhat of a hybrid between the classic format and the chart requests that I will share on Thursdays. In general, look for the "normal" newsletter on Tuesdays, with the special chart request edition on Thursdays. Those chart requests are included at the bottom of the email - DOGE, HOT, MANA and STORJ for this week.What’s in this issue?Bitcoin thoughts and technical analysisTrading with confidenceAltcoin Trades - ADA, ETH, FEL, FUNChina is going digitalGet rich quick - or notChart requests