Wow, it’s already time to turn the page to March. February will go down as the month the bears threw it at the one yard line. The selling pressure has just evaporated.
With the market going up nearly every day, it’s easy to get lackadaisical. But as active investors, we’ve got to do everything possible to avoid that. The best traders know they need to focus on their process even more after a streak of gains. We need to be prepared for anything.
With that in mind, let’s look at this week’s list of “Top Trading Links.”
Market Insights
- @SJosephBurns explains why he got out of stocks Thursday. The market has had a heck of a run and is right at some indice target levels.
- @AlmanacTrader highlights March seasonality and how it’s very well defined as we approach the end of the first quarter.
- @MktAnthropology takes a look at China and compares the Shanghai Composite’s price action to the early 80’s in the United States. It’s an amazing analog.
- @BartsCharts digs into the NASDAQ and explains what levels to watch for a breakout and why. We all see the NASDAQ approaching the 2000 high. Bart explains what it means.
- @hertcapital points out why the Italian stock market may be ready for a major rally.
Process & Psychology
- @AdamHGrimes discusses the questions he asks himself before entering a trade while highlighting how the pre-trade process is critical to avoiding numerous pitfalls like over-trading.
- @abnormalreturns put together this great compilation on humility: “The fact is we are all just scared animals trying to do the right thing to survive”.
- @HakiHika writes about why hindsight is a destructive line of thought that can cause hard to uncover peripheral damage. He discusses more reasons why it’s best to avoid it.
Other Great Reads
- Be sure to check out Warren Buffett’s 50th Annual Investor Letter.
- @bgurley looks at how late stage private equity valuations are getting a little crazy and goes into deep detail explaining what it means and why it matters to all investors. “…We are not in a valuation bubble, as mainstream media seems to think. We are in a risk bubble.”
- @awealthofcs goes all mythbuster on us and shares his insights celebrating a decade in the investment business.
- @MikeBellafiore compiled an awesome piece on trader networking. It’s not just necessary, it’s pretty enjoyable!
Thanks for reading and have a great weekend!
Follow Aaron on Twitter: @ATMcharts
