We've been looking at the markets every Friday (very few exceptions) for a while now in the academy, and have been dipping into the world of spot trading within the academy since June 2024 with impressive results.

For those of you who have dabbled in trading, or want to give it a try but either don't know where to start or feel overwhelmed at the thought of it, here's an opportunity for you to take a deeper dive.

We shall only trade spot - no leveraged trading. Choose a centralised exchange with good standing from which to operate, that functions in your jurisdiction (e.g. Kraken, Coinbase, Binance, Mexc, Bybit, Bitget, Kucoin, Nexo etc.)
Allocate funds to your spot wallet (anywhere from $10).
Choose 1 asset to trade.
We'll analyse the market together to determine limit order zones to enter and exit the market.
Apply a large dose of discipline, patience and consistency as the market comes to your buy/sell limit zones (buy low, sell high).
Rinse and repeat, rinse and repeat, rinse and repeat for a whole year (and beyond).
Watch your account grow over time.

Disclaimer:

Capital at risk.
Financial markets carry risks.
Past performance does not guarantee future results.
Carefully assess your chosen exchange's unique circumstances before engaging in long-term trading on their platform.
This exercise does not constitute financial advice, but offers educational insights only.
Do your research, and do not allocate funds you are not willing to lose to this exercise.

To access these Friday market sessions, please make sure you are at the very least a 'skills subscription' level member of the DBM Academy.

SUBSCRIBE HERE

Join me (Jacquie) in the charts on a Friday morning - 9am UTC for the DBM Academy Trading Club session, and 10am UTC for a general Market Analysis session.

We start the challenge in January 10th 2025.

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