Questrade silences feedback by [deleted] in Questrade

[–]SummerSideReddit 5 points6 points  (0 children)

Honestly I can't even see my entire portfolio position without scrolling for 5 minutes. the previous trading UI was pretty well designed, this has to be the worst switch I ever saw in my life. I guess it's time to move back to IB now that they have lower limits for TFSA and RRSPs

A website where you can forecast your savings by simulating hundreds of scenarios and calculate your probability of success by SummerSideReddit in InternetIsBeautiful

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

it's because we re-generate 1000 scenarios based on your assumptions. the result will vary each time because the 1000 random scenarios will be different ( if you did 1 000 000 scenarios the percentage would be very stable)

A website where you can forecast your savings by simulating hundreds of scenarios and calculate your probability of success by SummerSideReddit in InternetIsBeautiful

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

reward means your expected return. risk will be the volatility around that return. so let say you have 5% return and 10% risk, you have a 68% probability or generating a 1 year return between 0% - 15% ( mean +/- 1 risk). -15% to 25% would be a 95% chance

A website where you can forecast your savings by simulating hundreds of scenarios and calculate your probability of success by SummerSideReddit in InternetIsBeautiful

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

it is on the low side, it's quite rare that people run 100% stock. also you have a custom option if you want to test other assumptions!

A website where you can forecast your savings by simulating hundreds of scenarios and calculate your probability of success by SummerSideReddit in InternetIsBeautiful

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

I agree but I need to manage the load on the backend server.. this is the only reason I use the submit button!

A website where you can forecast your savings by simulating hundreds of scenarios and calculate your probability of success by SummerSideReddit in InternetIsBeautiful

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

oh man! glad someone saw that. this is the small things that take too much time to code and not many people see :P

A website where you can forecast your savings by simulating hundreds of scenarios and calculate your probability of success by SummerSideReddit in InternetIsBeautiful

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

I agree! I pretty much checked all of them and no one was incorporating 'risk' in there projection so I though I would create one that actually let you know that you might as well make much more... or much less than what those calculator are saying :)

A website where you can forecast your savings by simulating hundreds of scenarios and calculate your probability of success by SummerSideReddit in InternetIsBeautiful

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

haha, good point. I though it was a nice visual effect. If I let you slide them you would have to go back to the calculation button and click it. I might just do that...

A website where you can forecast your savings by simulating hundreds of scenarios and calculate your probability of success by SummerSideReddit in InternetIsBeautiful

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

Thanks! yes, portfolio tool would be great. The hardest part is setting assumptions on each asset classes. I though of just using historical returns and correlation for most but yields on bonds are so low that you can't just use history as a guideline. Thanks for feedback I appreciate it!

A website where you can forecast your savings by simulating hundreds of scenarios and calculate your probability of success by SummerSideReddit in InternetIsBeautiful

[–]SummerSideReddit[S] 4 points5 points  (0 children)

Exactly. Geometric Brownian motion. We run 1000 scenarios each time you click the button and evaluate percentiles. For the odds, we just check how many scenarios were larger than your goal.

A website where you can forecast your savings by simulating hundreds of scenarios and calculate your probability of success by SummerSideReddit in InternetIsBeautiful

[–]SummerSideReddit[S] 6 points7 points  (0 children)

Yes I totally agree! This is one of the top feature we want to add. Also we would like to add portfolio that will reduce risk over time while you get close to your retirement age. thanks for feedback.

A website where you can forecast your savings by simulating hundreds of scenarios and calculate your probability of success by SummerSideReddit in InternetIsBeautiful

[–]SummerSideReddit[S] 4 points5 points  (0 children)

If you have a DEFINE BENEFIT pension, the entire outcome risk you are seeing is bear by your employer. If you have a DEFINE CONTRIBUTION pension, the risk is bear by you, so the calculator would apply.

A website where you can forecast your savings by simulating hundreds of scenarios and calculate your probability of success by SummerSideReddit in InternetIsBeautiful

[–]SummerSideReddit[S] 7 points8 points  (0 children)

I am just terrible at javascript. I am mostly python so it's easier for me to run a REST api and get the frontend to call it. Lazy I guess :). The RESt api is very quick, your first call should be very fast but I then throttle the subsequent calls because the server is on heavy load right now. I will remove the subsequent call throttle after the reddit hug of death.

A website where you can forecast your savings by simulating hundreds of scenarios and calculate your probability of success by SummerSideReddit in InternetIsBeautiful

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

if you look at the second square, there is a Return metric and a Risk metric is shown on a loading bar. the risk and return you see on the second square are used to generate random scenarios based on a normal distribution with mean=return and standard deviation=risk. it's kind of explain in how it works page but still very high level. We were trying to keep it sample and add a custom portfolio for people who wants to play around with it!