I Bought Bitcoin For Under Fifty Dollars And Got Lucky
In this engaging podcast episode, seasoned trader Mark Gough recounts his early Bitcoin breakthrough, buying Bitcoin for less than $50 and explores how that pivotal move paved the way for a deep dive into both cryptocurrency and stock market trading. Mark discusses the speculative nature of the crypto market, highlighting its extreme volatility and the power of technical analysis in navigating rapid market shifts, comparing crypto trading to “the stock market on steroids.” He explains the risks associated with meme coins and the pitfalls of chasing quick wins, while emphasizing the importance of reading charts and leveraging historical data for informed decision-making.The conversation then shifts to broader market trends, where Mark examines opportunities in US stocks and Chinese investments, particularly in sectors like EVs and technology. He also touches on how global regulatory changes, trade tariffs, and shifts in the energy market are influencing investor behaviour. With a forward-looking perspective, the discussion delves into emerging technologies such as AI, blockchain, and quantum computing—highlighting their potential to revolutionize trading strategies and reshape the financial landscape.
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36:59
"Why Gold Prices Are Skyrocketing & No One Is Talking About It!"
We are back for the new season of two blokes trading. In this podcast we discuss the impact of Trump's presidency on the financial markets, highlighting his pro-business stance and the influence of tech leaders like Musk, Zuckerberg, and Bezos.The conversation also covers the potential market effects of US-China tensions and the rise of crypto, including the Trump coin.Aiden O'Donnell, a financial analyst, shares his insights on technical analysis, the importance of both fundamental and technical analysis, and the current market trends.Aidan notes the strong performance of tech stocks, the potential of Meta's glasses, and the resilience of Chinese assets despite political pressures. The discussion also touches on gold's all-time high and broader commodity trends.
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26:27
2023 Has Been A Great Year For Traders
This is the last podcast of the year & the Blokes discuss how 2023 has been a great year for traders.2024 has a lot to live up too after a really strong year, seeing so many opportunities throughout the markets. Tech Stocks have seen some great gains with the biggest winner in the S&P being Nvidia, seeing a 230% gain. This is a result of the current AI boom! Jonathan believes AMD could be one to watch in 2024, with the release of its newest chip. Across currencies we saw some good volatility & directional moves. We also had some big moves in Oil & Gold with the former hitting all time highs, briefly!As we close in on the end of 2023 the volatility is slowly winding down & the blokes suggest everyone to take a break & come back in 2024 refreshed!We would like to thank all of our loyal listeners & wish you all a very happy holiday.
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22:16
Trend Is Your Friend
In this podcast Jonathan & Adam scan the markets, with the current theme being the trend is your friend!This morning the markets were thin after thanksgiving on Friday, but we did see a slight pickup as the day went on. Markets are currently directional which is great for traders, the DXY remains bearish & stocks are soaring with market sentiment firmly risk on, as we approach the Christmas period.Jonathan discusses how over the early years of his trading journey he let his bias dictate his decision making, regardless of the trend & even went through a period of counter trend trading. In recent years he has found his success rate increase when he aligns his bias with the trend. This lessens the amount of trading opportunities but has substantially increased the success rate of his trades.Adam goes on to discuss how he feels there maybe a short term market shift about to happen as he believes the markets are currently overextended & we may see some cooling off, this might be the time to reassess the shorter term direction. However Adam feels that 2024 will be a strong year with Tech & AI growing rapidly. Adam also believes that global economies will recover next year & we may see a strong pick up, however Jonathan disagrees & feels it will take more time to fully recover.The blokes go on to discuss the impact rising interest rates have had on the markets, plus how the world is adapting to a new way of life in this faced paced environment. The blokes move on to scan the markets looking at US Indices which are currently flying, with most of the blue chip companies taking advantage of the Santa rally. Jonathan goes on to give his opinion on Oil & Gold with the latter reaching 6 month highs. The blokes then look at some USD pairs with most markets taking advantage of Dollar weakness.To conclude the episode, Adam shares his hot tips on the market, which are Disney & ASML, whereas Jonathan feels Nvidia has further to go due to It’s domination of the AI chip market, which is expected to grow by 38% annually for the next decade, almost ensuring continued upside for Nvidia.You can join the blokes in our community & receive access to our education, market breakdowns, trade ideas, live webinars & much more.
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29:53
Importance of the Economic Calendar
Jonathan and Rory talk though the importance the economic calendar for all traders. A lot of traders believe that certain data doesn’t move the markets enough and that they should ignore it. But using this information to your advantage can give you a trading edge.The economic Calendar provides real-time updates on economic news and trends, allowing individuals to make more informed investment decisions.This information gives you a macro outlook, allowing you to a receive an insight into key data such as GDP, Inflation, Unemployment, international relations & political changes.During the episode, Rory & Jonathan share how they use the data not just for volatility trading but to confirm or deny pre-existing biases we may have. For example, if you think the economy is struggling and the PMI report is growing each time, the market might not move but maybe you should change your bias? It’s about using the data in your favour to add further confirmations which will in turn help your consistency.The Blokes then discuss the PCE index, which is released next week, what it means and the importance of it to traders. Rory mentions how the PCE is the Fed’s preferred method to gauge inflation along with describing exactly how it’s calculated.If you really want to improve your trading, then you need to use all the resources at your disposal to build a bias whether that bullish or bearish.Listen now to find out more!