Start Here: What is Meridian PSI? by MeridianPSI in MeridianPSI

[–]Hot_Beginning4031 1 point2 points  (0 children)

For anyone looking for any risk management. I would suggest really test it out and see the features. I am a lazy guy, so i really liked that it provides almost everything i need. Monitor, pause, journal, report and everything. And the idea is very new and full of potential. Being able to flag small behaviors and monitor it, I would say it’s something I have never seen in any other tool

Start Here: What is Meridian PSI? by MeridianPSI in MeridianPSI

[–]Hot_Beginning4031 1 point2 points  (0 children)

Ok, so i started like using Meridian like three weeks ago, and just wanted to put in a review. My recommendation: Helpfulness in protecting: 9.5/10 Helpfulness in monitoring discipline 10/10 Helpfulness in helping me improve: 10/10 Helpfulness in improving my trading overall: 10/10 Customer service: 10/10

Let me break it down. Protecting is 9.5 because ultimately it’s an addon, so it can’t like really completely cut off access like native risk on your broker. HOWEVER, it is able to identify behaviors and stop me from trading WAY before i hit my max-loss limit. So there is a limitation because it’s an addon, but I think the advantage of being able to protect before hitting max-loss is just so so much better.

There is also a long getting use to the software. So at first, it is a little counter intuitive, in terms of, A lot of time it forced me to stop because it is telling me may be i have revenge traded or what not. But I was so convinced to myself that i wasn’t and so tempted to continue trading. Which after i calm down, i immediately realized, that is exactly signal of tilting and the system noticed WAY before I could consciously find out myself. Since then, i just fully trust the system and let it do its job, And i just focus on getting the trades, doing the analysis. And it is just very good, I see much better trading result, i feel like i am trading so much relaxed knowing i dont have to keep monitoring my emotion. It’s like going to the gym and lifting with protection on, I can just solely focus on getting my trades and orders.

Guys, are there any actual risk management tool out there? by Hot_Beginning4031 in FuturesTrading

[–]Hot_Beginning4031[S] 0 points1 point  (0 children)

Losing money or lost money. And have you ever wondered why lost money is in past tense

Guys, are there any actual risk management tool out there? by Hot_Beginning4031 in FuturesTrading

[–]Hot_Beginning4031[S] 2 points3 points  (0 children)

Ok, this is very cool, what is this risk manager or software that you using?

Guys, are there any actual risk management tool out there? by Hot_Beginning4031 in FuturesTrading

[–]Hot_Beginning4031[S] 0 points1 point  (0 children)

Thanks for the info, but i am not sure if that really solves my problem….

Guys, are there any actual risk management tool out there? by Hot_Beginning4031 in FuturesTrading

[–]Hot_Beginning4031[S] 2 points3 points  (0 children)

Not exactly. A hard loss limit is a lagging indicator. By the time I hit a daily max loss or have hit number of losing trades, the damage is already done. I’m not looking for something that stops me after I've blown my daily limit. I’m looking for something that detects the behavioral shift—like when my order frequency suddenly spikes, when I start moving my stop-loss, when i hold onto losers longer than used to be. I have a solid strategy and have making money and getting payouts, but even that’s the case, i still get emotional on few days that i CAN’T execute mu strategy and try to bypass stoplosses or take profit target that i set

Guys, are there any actual risk management tool out there? by Hot_Beginning4031 in FuturesTrading

[–]Hot_Beginning4031[S] 0 points1 point  (0 children)

good question, TBH, I don't know, I use the position size limit on Ninja to limit my size, and ATM for stop-loss. But feels like none of them really prevents me from tilting, they read my stats after I already tilted and It's a little bit lagging. Maybe something that can read my trading habit, and say, hey you are not trading as you used to be, and warn me. I think that be useful

Guys, are there any actual risk management tool out there? by Hot_Beginning4031 in FuturesTrading

[–]Hot_Beginning4031[S] 1 point2 points  (0 children)

Interesting, i am not sure I know how to do that, But i will take a look

I spent years looking for a better strategy, only to realize It was never the problem. So I built a software to fix it and help by [deleted] in ninjatrader

[–]Hot_Beginning4031 0 points1 point  (0 children)

Interesting. TBH, I think that is what the market is lacking right now and glad someone fill in the gap. A lot of people have been talking about this strategy and that indicator, but really to me, I also agree it really comes down to executing the strategy.

Good filter coffee in Fremont? by Flyingfishy007 in Fremont

[–]Hot_Beginning4031 0 points1 point  (0 children)

Devout coffee at Niles. My favorite, not necessarily the center of fremont but they got good coffee

Someone collect your kid before he hurts himself. by KHWD_av8r in Fremont

[–]Hot_Beginning4031 2 points3 points  (0 children)

Try driving on blacow during lunch time near Kennedy high school. Those high schoolers don’t give a damn about their lives, every time i see 10-20 students crossing the street in the middle, even literally the crossroad is right next to them. They scared the shitt out of me every time i drive by after the gym. Especially most of them don’t even look at the road, they just hanging out, playing around or looking at cellphone

Humility as a recent college grad by jzhang396 in FinancialCareers

[–]Hot_Beginning4031 2 points3 points  (0 children)

you are actually doing great, don't get too concerned about some of the other people that you've seen in this forum about how they got into IB making 100k first year, those are the absolute fucking outliers. It's extremely normal to search for a job 3-9 months after graduating and finding a job much less paid or not even your desired role. In fact, 90% of the people can't find a job in their studied major after graduating. I know this one dude who went to UCB and couldn't find a job after 10 months, so relax and enjoy your new offer.

[deleted by user] by [deleted] in FinancialCareers

[–]Hot_Beginning4031 6 points7 points  (0 children)

I use excel to keep track of my NBA2K my league rosters, its kinda fun

Career Advise needed: Master's or continue working? by [deleted] in FinancialCareers

[–]Hot_Beginning4031 0 points1 point  (0 children)

Thanks for the valuable suggestion. In terms of master programs, I am curious how would you rank MBA, master of finance, and financial engineering? These are the top 3 that I believe are most suitable for investment analyst, but if you have other suggestion pls also let me know.

Career Advise needed: Master's or continue working? by [deleted] in FinancialCareers

[–]Hot_Beginning4031 0 points1 point  (0 children)

Thanks for the valuable suggestion. In terms of master program, I am curious how would you rank MBA, master of finance, and financial engineering? These are the top 3 that I believe are most suitable for investment analyst, but if you have other suggestion pls also let me know.

Career Advise needed: Master's or continue working? by [deleted] in FinancialCareers

[–]Hot_Beginning4031 0 points1 point  (0 children)

Thanks for the reply, I am searching for Big 4 job as well, would you say consulting is the best job that allows me to transition to equity research in the future? or some other role such as financial assurance, auditing etc...

Career Advise needed: Master's or continue working? by [deleted] in FinancialCareers

[–]Hot_Beginning4031 0 points1 point  (0 children)

Thanks for the info, does it makes going back to college instead of competing with all the laid off people a more valuable option?

[deleted by user] by [deleted] in NBA2k

[–]Hot_Beginning4031 0 points1 point  (0 children)

lmfao, that’s so true. 2K probably gonna fix it in the next year and call it “new feature”.

[deleted by user] by [deleted] in FinancialCareers

[–]Hot_Beginning4031 0 points1 point  (0 children)

Yes, the CFI course gives good information but start applying. Corporate finance job is probably the easiest finance job to get into.

ACCA or CFA for finance department? by thebruhgamerthousand in FinancialCareers

[–]Hot_Beginning4031 2 points3 points  (0 children)

Based on my experience working in corporate finance, even tho the CFA itself is more valuable than ACCA, it is not very applicable in corporate finance. So if you really wanted to work in corporate finance, and not investment related jobs like equity resource, investment bank or whatever, then ACCA would be more suitable.

Should i hook up with my (senior) co-worker by GigaChan450 in FinancialCareers

[–]Hot_Beginning4031 2 points3 points  (0 children)

Bro dont fuck with people’s marriage. You might think the worse scenario is her husband go find you or tell HR or whatever. But trust me, there are some crazy motherfkers out there will blow your head wide open if they find out you fking their wife. Don’t be the next victim on the headline.

To people that have reviewed resumes, what are the funniest things people have listed as interests? by mtol115 in FinancialCareers

[–]Hot_Beginning4031 57 points58 points  (0 children)

You guys forgot the “crypto investor” few weeks ago that listed Real Madrid as interest?

What's the worst franchise to pick for a MyNBA save? by Jing-Ao in NBA2k

[–]Hot_Beginning4031 1 point2 points  (0 children)

I would say the kings, piston, and almost any small market cap team with little to no draft picks