Trader Digest features our weekly recommended reading, audio and video for traders.
This week, thoughts are dominated by the outcome of Donald Trump and President Xi's tete-a-tete, while we also hear from the 29-year-old multi-million dollar asset manager and discover the underwhelming effect of the #MeToo era on Wall Street...
I'm 29 and Manage $100 Million — Here Are the 7 Best Pieces of Advice I Can Give You About Investing
"At 29 years old, I manage $100 million in assets. Some may think I’m on the young side to be managing so much money, but with multigenerational clients — everywhere from millennial parents looking to enter the market all the way to boomers trying to secure their savings — my age is one of my strengths." Money
JPMorgan's new guide to machine learning in algorithmic trading
"The bank has just released a new report on the problems of 'applying data driven learning' to algorithmic trading." eFinancialCareers
Crypto Winter Is Here and We Only Have Ourselves to Blame
"It perpetuated a narrative that speculative gains, measured in fiat currency terms, was bitcoin’s core value proposition for the world." Coindesk
Goldman Pours Cold Water On Trade War Truce: "The Odds Of A Comprehensive Deal In 3 Months Are 20%"
“Heading into this weekend's historic Trump-Xi dinner date, Goldman was skeptical, stating that it was "too soon for a deal" Zero Hedge
Introducing: The TraderLife Shop!
"Last winter we brought you our top recommendations for trader Christmas gifts. This year, we’ve gone one better - we’ve made our own..."
A Wall Street Rule for the #MeToo Era: Avoid Women at All Cost
"Across Wall Street, men are adopting controversial strategies for the #MeToo era and, in the process, making life even harder for women." Bloomberg
European stocks surge on U.S-China trade breakthrough
"European stock markets tracked a global relief rally on Monday, after the U.S. and China agreed ease trade tensions at the G-20 this weekend in Argentina." MarketWatch
UBS beats Wall Street rivals by taking control of its China business
"UBS has gained an edge on its Wall Street competitors in China by becoming the first foreign bank to be allowed to take control of its business there." CNN
For the Headphones
Stay alive, wait for your market, then all guns blazing
"It’s the options madman and trader of 10+ years, Anand “Lucci” Sanghvi. Lucci was one of the first guests to appear on Chat With Traders—back in 2015. As you can imagine, there’s been plenty happening since then, so we took this opportunity to catch up…" Chat With Traders
What to Watch
The legendary economist who predicted the housing crisis says the US will win the trade war
"Dr. Gary Shilling, the president of A. Gary Shilling & Co., spoke to Business Insider editor-at-large Sara Silverstein about the escalating trade tensions between the US and China." Business Insider
Trading Nation: Microsoft vs. Apple
"CNBC's Mike Santoli talks to Mark Tepper of Strategic Wealth Partners and Frank Cappelleri of Instinet discuss which stock is better, Microsoft or Apple." CNBC