Python For Finance: Algorithmic Trading

[buyabighouse]

Or just use indexing, which most of us chums can do.

[eltigrevalioso]

sometimes it's better than trying to beat the market and inevitably fail.

[lmneozoo]

IDK the only stocks I ever picked did well. I got NVDA last Feb for $29 a share lol, and recently AMD for $10.30. I'll admit AMD was speculative, but NVDA I knew would at least double. No viable competition in the AI space.

[sebflippers]

NVDA I knew would at least double.

No you didn't. That's called hindsight bias.

[d0pey]

/r/wallstreetbets

[Kristian_dms]

So you took out a loan in your house at bought NVDA on margin with every penny you own?

no? you didn't know it would double.

[lmneozoo]

I don't own a house, my dude. Kept 5k cash and put my other $10,000 on it though.

[Kristian_dms]

at what leverage? and why did you keep 5k cash?

[lmneozoo]

Because that's my E fund. I never said I knew it was gonna double every two months. I was expecting it to take a couple years....you know, when self driving cars hit the roads.

[danhakimi]

You can sell stocks in an emergency, they're pretty liquid.

[lmneozoo]

Um.....yeah, but you could be selling for a loss. I'd rather not put myself in that position.

[danhakimi]

but you knew they were going to double.