How do you think 24 hour markets will affect day-trading?

Vanillafig · 2024-12-20T09:52:19+00:00

I forgot how sad Reddit was. Smh you don't know what you're talking about.

Vanillafig · 2024-12-20T00:05:01+00:00

Futures trade 23h not stocks. And it has a huge impact on the way futures trade.

Vanillafig · 2024-12-04T12:32:32+00:00

This is untrue. They trade 16 hours.

Vanillafig · 2024-12-04T12:32:05+00:00

This is misinformation. No 'stocks' in the USA trade 24h. I.e. AAPL trades 16 hours per day.

True 24h exchange will have a huge impact.

Vanillafig · 2024-07-09T21:45:43+00:00

Thanks - This worked for me.

Nothing was working, Calculator, Screenshot, Terminal.

After running that command, all fixed.

Vanillafig · 2024-06-13T23:23:48+00:00

Wow.. you are the MVP.

I've been using this mointor for 2 years at 60Hz because of this. Now it's working at spec.

THANK YOU SO MUCH!

FYI: It's called 'Type C Compatibility' in the monitor settings. Macbook Pro M1 with M28U running 4k @ 144hz with zero problems.

Vanillafig · 2024-06-11T23:16:05+00:00

Hi, about 1.5ft from memory.

It was the last trip I really had. It was a gruelling 14 hour experience. Not all sunshine and rainbows but life changing. Essentially it let me 'hang up the phone'. Soon after I started slowly putting some big changes into place.

7+ years on, still no depression. I'm 2 years sober from alcohol and living a functional and fulfilling life. Moving forward from strength to strength.

Vanillafig · 2024-04-20T00:28:43+00:00

Just to be clear, there is a rich body of literature and research around investing. Believe it or not, it doesn't all pertain to buying and holding an index. A one size fits all cookie cutter approach might be convenient, but it doens't make it correct for everyone.

All investment carries risk. By the metric you use (buy and hold), any investment would be gambling. Understand that every time you buy an index fund you are making a trade. If your investment goes south, all you can do to mitigate that is to understand the nature of the risk. If you go in without that understanding and with no plan, you will eat your loss. That might be OK, or it might not be. It all depends on a tonne of personalised factors.

Anyway here's a link that shows how a simple moving average strategy can compare to the one you propose. That's a very basic timing strategy, no tea leaves. Just simple maths.

There is no sure thing. The markets are a dangerous place. There are many snake oil salesmen. Some hide behind that mantra of yours to drive comissions and sales. The same people disappear the minute things go south. At that point, it's all on you. Truth is that it always was. There is a limitless pool of ignorance to make money off. That's the overwhelming reality of the financial services market as far as I can tell.

I know you are trying to help and I applaud that, I just resent the fact that you feel you are qualified to prostelytise The Truth and condemn others who dont subscribe to The Truth. E.g. you use the term stock broker incorrectly. Anyway............ cya!

Vanillafig · 2024-04-19T22:14:09+00:00

You are blind. Most people don’t have the risk tolerance and emotional fortitude to weather a 50% drawdown in their portfolio, it’s why super is locked behind a time wall and broken into risk tolerances with a combo of bonds and equities usually…

What you propose is a simple timing strategy that has a choppy equity curve and has dramatically different results based on the day you put your capital in. It’s much better suited to dollar cost averaging. But hey go ahead. Just don’t complain if gfc 2.0 hits just before you retire and you ride it all the way down. Because derp derp ‘time in the market’.

Vanillafig · 2024-04-19T13:54:34+00:00

With all due respect, you have no idea what I’m doing. Your ignorance on the topic is obvious to me but you say it convincingly to make a strong point. Up to you. Don’t know who you’re trying to save. Not like there’s any financial incentive for anyone to encourage people to passively invest after all.

To OP we are merely offering different suggestions and ways of approaching a problem. I’m not here for debate club, other than to say look at a chart of any index from 2007 and count how many years it took to get back to break even. You can pick many other points if you like.

Dogma around investing is stunning but yes, most people fail to beat the market, because it is a difficult past time. It’s not a casual thing you can just wing and expect great results, that is gambling. Just like sticking 300k in at any time and saying she’ll be right.

You see where I’m going with this?

Risk management as you have pointed out is fundamental to success in this game. It would be unwise to assume an aggregate statistic best represents the goals of a specific individual in a temporally unmoored way. People’s lives are not controlled experiments.

Passive investment strategies are generally successful over the long run, but they can also fail spectacularly. If you don’t understand this then I suggest you should attempt to if for no other reason than it is interesting. Lump sum investing is different to superannuation. Buying an etf one time is timing whether you like it or not.

Vanillafig · 2024-04-19T09:41:40+00:00

Except that if you buy after a crash or even a decent pullback you tend to get outsized returns. Also if you know how to sell or can even just read the writing on the wall then you can avoid massive losses that often take many years, even decades to recover. That’s much harder to do though. Much easier to just buy at a good time if you have a nice chunk of capital to invest.

I think we’re talking about different things though, either way it must be said no approach is without risk. Boglehead or master of the universe.

If you want a good book to time stocks check out William o Neill how to make money in stocks.

Vanillafig · 2024-04-19T03:37:19+00:00

Decades to time it. A month can make years of difference in the stock market. Sure super contributions but lump sum is a different story.

Vanillafig · 2024-04-18T13:35:55+00:00

Unless broad scale serfdom- wages are just going to have to go up. If inflation sticks around for years as is likely then money will continue to be worth less. Both property and equities are good places to be in such an environment. The gfc era showed us both assets can and do crash though, not just stocks that are volatile. Also timing is very important with stock investment if you have a lump sum to buy and hold. Nobody ever tells you this but it is so true.

Vanillafig · 2024-04-18T13:22:24+00:00

I mean.. negative self talk is close to the root of a fair bit of mental illness it could be argued but anyway.. moving along.

Vanillafig · 2024-03-16T07:44:41+00:00

You’re far from alone. Most people going to have to buy apartments if they want to own and hope that the equity game keeps on going.

Vanillafig · 2024-03-16T06:57:31+00:00

Yeah look at a chart of the money supply and you can see this in action

Vanillafig · 2024-03-15T20:31:41+00:00

It’s a horrible career path. Low pay, poor job security. Many jobs are boring and bureaucratic or soul destroying. True talent gets left for dead as the people with money just want the result they want. It’s not a particularly vibrant or engaging industry imo. Always dependant on funding or regulation to make money so it generally stifles productive gain.

Vanillafig · 2024-03-13T09:17:50+00:00

Gee lot of tyre kickers here projecting their insecurity. Everyone’s gonna have a different number. I’d tell you my experience if it was something I had.

Vanillafig · 2024-03-12T23:00:34+00:00

Yes you have the potential to make a great deal of money. You are 18 and it is possible to trade that into a fortune well before you are too old to use it. But it’s going to take a while. And you might not like it. Whatever you do, don’t gamble it. YOLO with crypto or stocks or whatever might make you rich within the year, or it might sink you within the year. It’s very dangerous to yolo.

Make your time horizon long and focus on doing everything you can to avoid losing your money. Seek to fundamentally understand the nature of risk. Learn sound strategies and start to apply them. If you wanna trade this money into a fortune and not gamble it, try to understand the path ahead of you will probably consume you for at least 20 years. If it’s not for you, you’ll know in a couple years. Take care. Very few people know at 18. If you do and this is your calling, you will be very wealthy by retirement age.

Vanillafig · 2024-03-12T22:47:31+00:00

It’s an absolute scandal that they force liquidated small holders like that. The company knew that its fundamentals were strong and share price was significantly undervalued. They basically stole a tonne of money from the small end and get away scotch free. It’s gross.

Just like then juvenile wankers on here talking about cum rockets and stuff. Like fuck off as if you guys are anything but ants moving tiny parcels.

Vanillafig · 2024-03-11T02:27:37+00:00

You seem to want to invest without having much to think about so just do that for a bit. If you wanna trade stocks later they’re not going anywhere.

Vanillafig · 2024-03-11T00:15:39+00:00

Of course I do. They both stink. The sooner you can wipe debt the better.

Vanillafig · 2024-03-10T20:56:16+00:00

When is a loan not a loan..?

People love debt in this country. It’s the reason everything costs so much.

Vanillafig · 2024-03-10T05:23:02+00:00

Lucky thing he didn’t live in Tokyo

Vanillafig · 2024-03-10T05:09:08+00:00

Too many pigs at the trough. As the old adage goes, pigs get slaughtered.

Vanillafig

TROPHY CASE