Recent content by hyom

This harvard grad forex scammer cheated friends, family, harvard classmates. Why did she do that? Self-deception. She had deluded herself into believing she could win back the money she lost on bad investments. Self-rationalisation to justify one's own selfish actions. Some people con...

First, please don't address me sir. We're all equals in the online world. I don't have exact definition of risk management. It is a process and can't be defined purely by practising something like fractional Kelly. In my book, risk management is a process to ensure long-term survival when one...

I have written python code to download intra-day hourly price quotes of continuous futures contracts, CFDs and forex from Interactive Brokers API as csv files. The code has been uploaded onto github. https://github.com/hyom448/ib_intraday_quotes_csv It should be useful to Interactive Brokers...

Mr Buffett is not capitalizing on the coronavirus sell-off to buy stocks on the cheap when I see some retail investors doing just that. These retail investors think that the virus presents a once-in-a-lifetime opportunity to be brave and get rich. Of course, nobody knows for sure whether stocks...

Risk management is unrelated to having an edge. If you have no edge but good risk management, you die by a thousand cuts. Slowly but surely. If you have an edge but no risk management, you will make money for some time until one day one big chop comes along and you die instantly. Suddenly but...

If you're really worried about that, then use an open-source IDE like Visual Studio Code. If there's rogue code inside that steals your private data, the open-source community will probably spot it. If you are still worried, you can read the code yourself to make sure there's no rogue code...

I am not personally affected by the negative oil price event but was pretty shaken by it. Why shaken? Because I thought I was well-protected by my risk management rulebook as a trader from this kind of event but that turned out to be wrong. The main rules were; - diversification - small...