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Another year has gone by and what a strange and turbulent year it was with 2020 throwing us some big curve balls followed by some of the strongest markets I have seen. It has been a year full of swings and roundabouts with the coronavirus crash followed by the stimulus led bull market. The New Year may prove to be just as testing so we best take stock and relax over the Xmas period.
It’s a good opportunity to take some time away from the screens to prepare for the year ahead. We expect that 2021 will be another big year but unsure as who it will prove to be more fruitful for…the bulls or the bears. Many are calling for a major correction, but did also for the second half of 2020…either way it is best to be prepared and know how you plan to manage your risk. I personally find this period a great time for reflection on how I can get better with regards to my trading so I will be reviewing my process and tweaking areas that need improving.
In saying that, TradeSetup will be closing down from Monday 21st Dec to Friday 1st Jan. We will still be following the market and alerting for any changes that we see for the Current Active Alerts. Also, if we do see any standout opportunities, we will alert you as usual with the entry and risk levels but do expect traders will be winding down over the holiday period and for volumes to be light.
As usual, any comments and suggestions are more than welcome and will be much appreciated so feel free to email us at support@tradesetup.com.au
We would like to take this opportunity to thank you for your support and for following us through 2020.
From the team at TradeSetup, we wish you a very merry Xmas and Happy New Year. Stay safe and we will see you back for more action next year.
Kind Regards
Braden Gardiner and Davin Clarke
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The TradeSetup Team
