Hello this is Immy from iTradeAIMS - AIMS Stress-Free Trading
First of all, I wish you a Very Happy New Year.
The year 2020 is finally gone. While the year 2020 brought many challenges and heartbreaks, we live in a different world. Covid-19 has changed the world.
It Seems to be going strong still but there is hope of recovery soon.
Salute to the front line workers who have worked endless hours to keep people alive.
The year started with a bleak news break out of a certain virus spreading across the world. That is when all the worlds markets took a nosedive. But the market soon turned around and is yet to stop.
As the world was going through this turmoil the stock and forex markets were going strong. Though the initial News of the Pandemic did create some panic in the market. Overall, the market remained bullish during the year.
The News of Vaccine has been the most joyful event of the year. BioTech Sector has seen some extreme bullish trends. Traders and investors flocked towards the BioTech sector investing into Stocks like Moderna, AstraZeneca, Pfizer and BioNTech and many more. (insert Stock Charts).
The Tech Sector saw some real gain. Creating bubbles that one would think might pop sooner or later, but who knows.
Retail stock traders contributed 25% of liquidity to the overall market which is a record itself. It would appear that younger people are more interested in trading stocks than saving accounts.
Video conferencing companies like Zoom saw its price quadruple.
While the tourism industry and airlines suffered the most. The Oil industry took a hit, making news around the world when crude oil futures hit negative price value.
TESLA went up 720% becoming one of the biggest companies in the world making Elon Musk enter the Top 10 richest people in the world. The Richest Man on the Planet, the founder of Amazon, Jeff Bezos saw his wealth expand by another 70+ Billion dollars. Check out Tesla's TimeLine Here
The S&P500 (Index of the top 500 US Large Cap Stocks) to a phenomenal negative 35% hit. Trillions of dollars of value taken off. It found its bouncing point soon after dropping 1200 points within a month. It went down to 2180 from 3400.
S&P500 will open at 3734. This is 300 points above the pre-pandemic levels of 3400.
The Dow Jones Industrial Average.
(Also Quoted as DJIA, Dow30 or the US30 in the Forex World) also recovered from its early losses. It's broken its own records and stands above the all-time record of 30,000.
30,000 brings another interesting market to mind. The cryptocurrencies have been rising up like Elon Musks Falcon Rockets.
Bitcoin has hit the $30,000 mark within the first weekend of this year 2021. While the stocks and forex markets are still off cryptocurrency market remains open 24/7 365. Remember, cryptocurrencies is a 24hrs market in real sense. Yes, you can trade it over the weekend and during holidays.
TheUK100 (Official Name FTSE100) was not that fortunate though. Thanks to a mix of negative effects including pandemic and Brexit the index only recovered halfway from its pandemic losses.
The DAX30 is my favourite index. I trade it on a daily basis at the London open. The DAX30 gave us the opportunity to quadruple our accounts this year. I had two phenomenal trading days this year.
First, there was this day when I made 23% and this was soon topped by another day or 41% profit within one day. The DAX30 (German 30 Index) is one of the most volatile markets. It is very suitable for our style of trading due to its high volatility.
I have traded the DAX30 since 2012 and will continue to trade it within the first 2 hours of the London session.
Do more of what works and less of what doesn't.
I will continue to trade the DAX30 since it's very profitable for me. But I also have some Fascinating news and GREAT NEW PLANS for this year.
New Trading Strategy for the Year 2021
I will actively invest in the Stock Market. I have become a bit of a funds manager now. While I won't manage money for the public I have accepted to run accounts for some family and friends. Wish me success.
I would love to share my Stock Trading Strategy and Signals with all of you. If you'd like to know when I am about to invest in a stock and which stocks are on my watchlist then please subscribe and join AIMS Trading community.
When you join, you will have access to all the trading courses, books and indicators. You will also have access to our discord sever where I stream live every day. All my stock positions will be shared and I will give everyone a thorough technical analysis of the setups I see on the stocks I have on my watchlist. So JOIN TODAY.
I hope you enjoyed my recap of the year and hope to see you soon inside AIMS Stress-Free Trading.
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