Progress Report #2 (7th-13th Feb)

It's been a weird week, not particularly productive on my part though....

Customer Perspective Q1 Goal

Select TWO exchanges that represent best value for fees and security of funds.

Last weeks goal: have another exchange setup where it is possible to deposit directly onto.

I thought this one would be simple but it's getting increasingly complex. Futures are soon to be limited in my country, accessible only if you're rich, essentially.

So - what now?

Do I stick to the plan or search for higher reward areas like sh*tcoins/NFT flipping?

I'll carry on like the plan hasn't changed for now, as it would be a shame to give up so soon. This is simply an obstacle...money can still be made without Futures.

Next week: have another exchange setup where it is possible to deposit directly onto. Goal hasn't changed as it hasn't been achieved yet.

Internal Business Perspective Q1 Goal

Purchase and install custom build PC suitable for trading and other intensive activities.

Last weeks goal: no rush on this but a shortlist would be useful. Have at least one shortlisted.

Picked one that I will send to my brother for vetting. Costs a good 1.5k but performance should be adequate for a solid number of years.

We'll see what he has to say...

Next week: get an opinion from the brother on this PC I've found. See if the specs make sense to him.

Innovation and Learning Perspective Q1 Goal

Complete study of Technical Analysis Explained by Martin J Pring.

Last weeks goal: get to at least p.250 by the next progress report.

Tracking is on this sheet (link).

Haven't achieved it. Last week I was on about p.170 and I'm on p.210 now. That said, I did order the study guide to go with the book. It comprises of questions for each chapter so I did 5 chapters as a catch up (roughly 50 questions).

Next week: get to at least p.250 by the next progress report.

Financial Perspective Q1 Goal

Survive - by the end of this period of trading, initial investment should still exist in it's majority and no further capital should have been added.

Last weeks goal: 10 trades, no excuses.

I need an excuse now, typically. 7 trades completed, not the best as you can tell.

My intuition is telling me I rushed the first few and shaking off the dust that had accumulated from a couple of weeks being inactive.

After that, 3 trades were in profit, 1 was a loss. These trades I was more aware of what was going on and how the market was changing.

I traded ATOM, BTC, SHIB and ETH.

Next week: 10 trades, no excuses.

Overall a bit of a failure this week but no matter - I will persist.

See you next week!