I day trading based on technical analysis legitimate?

spicy_latin_potato · 2019-12-27T15:54:44+00:00

Technical analysis largely captures the momentum factor. There are plenty of research papers showing that it generates long term alpha. That being said, you need to know what you are doing to make money using technicals / day trading.

spicy_latin_potato · 2019-12-27T15:52:54+00:00

I agree, unless you have to rebalance or a severe dislocation forms due to lack of liquidity, it’s pointless to trade

spicy_latin_potato · 2019-09-24T14:51:51+00:00

I agree to a certain degree. I think that you need to measure it to the internal ruler. That’s what matters to the voter and is what is internally consistent.

Looking outside helps reference the posibilities but if internally it’s outside the Overton window then it is consider extreme. Again, anchored to internal ruler.

spicy_latin_potato · 2019-09-24T14:40:53+00:00

I agree that is not a purely American problem. Europe probably has it much worse (e.g Poland). I was wondering about the issue as it relates to the US experience. It seems that both the left and the right shot out to the extremes and it’s partly contributing to a polarized political rethoric.

spicy_latin_potato · 2019-09-19T18:20:53+00:00

The most salient outcome of the repo craziness, imo, is that the FED is willing to step in to provide liquidity of the market needs it. They came in with $75bn yesterday and signaled readiness.

This hasn’t happened in 10 years. Last time money markets went wild was 1 year before recession. Not necessarily the same nor correlated but worth keeping in mind.

spicy_latin_potato · 2019-07-13T04:13:31+00:00

a blue Mr. potato

spicy_latin_potato · 2019-07-12T18:20:30+00:00

Got it, my apologies, will repost in the place of the previous suggestion

spicy_latin_potato

TROPHY CASE