Sub day. 3 min each of Aeon/Earth custom, EOG ST1 and ASBR.
Current reading:
- the Psychology of Money by Morgan Housel
- A Changed Mind by David Bayer
On deck: A Happy Pocket Full of Money by David Gikandi.
I think there’s a parallel between sub hopping and over trading. Both rooted in FOMO, impatience, and dopamine chasing.
Although my TFSA return of 22% is respectable, I left significant gains on the table due to prioritizing monthly/weekly cash flow over long term gains like selling covered calls too soon. PLTR comes to mind, still have 100 shares left but sold too soon the other 600. LULU I’m waiting for more upward movement before I sell a call on it. Only have 100 shares of it.
As for BTC (MARA/MRAL play), BTC looks to have breached the SMA 30 on the daily. RSI 8 weekly still at 35 indicates it may be early still. A full candle above the SMA 30 would be promising for a sustained bull run.
Weekly investing cash flow for week ending Dec 26:
$217.34
For week ending Jan 2:
$282.93.