Pedma's Portfolio Management Journal - 01/02/2024

Personal Portfolio Management Journal and General Trading/Investing Concepts

👋 Hey there, Pedma here! Welcome to the 🔒 exclusive subscriber edition 🔒 of Trading Research Hub’s Newsletter. Each week, in this series, I share my personal trading experiences and journey, offering you the behind the scenes into how I manage my own portfolios, my trading performance, new research for trading strategies and general content aimed at helping traders with the experience I’ve accumulated for the past 6 years.

My mission is full transparency by building a public track record of my performance. As I navigate through the markets, I'll be sharing every step of the journey – the ups, the downs, and everything in between. It's not just about trading; it's about growing together as a community.

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Thoughts on the Newsletter

I am still exploring which direction to take this newsletter in, and your feedback is greatly appreciated. Yesterday, I shared an article on Euan Sinclair's interview and gave it a more “professional” spin by enhancing my writing with the help of AI. However, I am not sure if I want to continue on that path. I believe authenticity is a better long-term strategy rather than striving for completely perfect writing. My aim is to create a space where I can share my research and thoughts, hoping they resonate with people facing similar challenges. My goal is not to produce an academic newsletter, if that makes sense.

I appreciate your support and would love to know what topics you'd like me to write about that would bring you value. I will continue to use your input as guidance for the content direction of this newsletter. Your support means a lot to me, and I am committed to delivering valuable content that keeps you engaged and interested.

Rebalancing on the TRB Trade

Yesterday, I was scrolling through my Twitter feed and saw a thread from a Cephalopod regarding a trade I was also involved in. This trade was on $TRB. My average position was around $103, as shown in the chart below, and the coin eventually soared to about $600. This was a massive gain. I experienced the best day of my career just from this trade alone, surpassing my previous best by a magnitude of three times.