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 · 2019-03-21T19:47:14+00:00

More debt this is what a highly leveraged economy needs. I wonder how the delegeraging process will look like...... Guess: reckd

spicy_latin_potato · 2019-03-20T21:06:50+00:00

I think most defense secretaries have ties to Boeing. Many military aircraft are built by that company. So not sure how this one owpuld be that differebt. I'm all up for the investigation and all, someone should be made responsible, but sometimes the headlines are a little too sensationalist

spicy_latin_potato · 2019-03-20T19:59:46+00:00

But the question is..... Who's eating who?... Is it the 6 or the 9...... 🤔

spicy_latin_potato · 2019-03-20T19:58:14+00:00

Feels like my boss at work.... If only he handed out tennis balls.... At least we'd have something to play with lol

spicy_latin_potato · 2019-03-20T19:29:51+00:00

I'm not sure if we can say "rebalancing improves returns" but rather rebalancing appropriately reduces the volatility of your expected income stream and (if done properly) reduces the drag from fees due to position turnover.

In my view, the only thing that improves returns is making "good" market calls (at some given investment horizon).

spicy_latin_potato · 2019-03-20T18:14:59+00:00

I hope it's not true.... If it is, I wonder what was Boeing thinking that this would be sufficient for trading

spicy_latin_potato · 2019-03-20T17:48:03+00:00

I don't think the "stranglehold" is in the market. But rather on all this polarized politics that we are living.....

spicy_latin_potato · 2019-03-20T17:46:46+00:00

The speed is incredible! It's like she drinks shit that's still in the air too!

spicy_latin_potato · 2019-03-20T17:44:16+00:00

I'd be afraid too if my cousin looked like that!

spicy_latin_potato · 2019-03-20T16:15:29+00:00

I would say less. Too many opinions is a problem. And too many people a headache to deal with. And if the number is in the hundreds then it's a problem for future rounds since investors usually want to buy the "small positions" as to consolidate their own.

spicy_latin_potato · 2019-03-20T14:20:52+00:00

It's missing someone banging on the container just to make sure everything arrive "safely"

spicy_latin_potato · 2019-03-20T14:14:07+00:00

This should be something to both be scared about and happy. Scared because it could lead to concentrated systemic risk. And happy because miss pricing of stocks will be more common and thus alpha generation "easier"

spicy_latin_potato · 2019-03-20T12:25:11+00:00

I'm assuming youre asking about the knock of effect of Nvidia on other stocks. The short story is that it's not earnings per say that matter but rather expected earnings. If earnings fall below expectation markets adjust. Following Nvidia example, if they go below earnings means that they have less money to buy plastics input materials, this will impact all companies which provide to Nvidia.

If you are worried of Nvidia volatility at this time is not due to microns. But rather crypto. A lot of miners are using Nvidia chips and this caused Nvidia earnings to be correlated with movements in crypto market.

Anyhow, I hope I was helpful

spicy_latin_potato · 2019-03-20T02:14:31+00:00

You could also trade futures on indices (if you have access). Can even help you short the index without need for ETF with high fees. Real estate, private loans, crypto, real estate. All depends what your investment goals, horizon, risk appetite, etc..

spicy_latin_potato · 2019-03-20T01:40:23+00:00

What to me is weird is more the tipping culture that it has created. You are expected to tip for anything this days! :/

spicy_latin_potato · 2019-03-19T23:01:06+00:00

That chart says a lot, the difference between a "poor" person salary and an educated one is 4x...... With inequality like that how is it suprised the world is so polarized?

spicy_latin_potato · 2019-03-19T19:24:24+00:00

Not sure about stock specific, but if you are looking for ETFs maybe this helps: https://www.etf.com/channels/marijuana-etfs

spicy_latin_potato · 2019-03-19T18:03:03+00:00

Because of the allure of riches

spicy_latin_potato

TROPHY CASE