Search results

Hahahaha . You seem to miss the point. You said 18% monthly return this month is a good but average return (until you edited it). I'm poking fun at you saying being 100000000000x trillionaire is possible.

I correct. You'd have 99.999999999% of the money in the world. Could probably add several more 9s. Hehehe.

If you could do that annually, for 30 years, with a real amount of money, and with a good risk profile, you would be one of the greatest traders, if not the greatest, that ever lived. Compound that annually and get back to us. Then do the same for the same 30 years with that as a monthly...

Buy 10% of a bed.

Hmm... I wonder what the moderator was referring too. Most people that are actuaries took actuarial science as a major, which just basically taught them how to pass exams for 4 years. I'm sure the curriculum includes some calculus. The exams themselves have little calculus, as least when I took...

You could create this fairly easily in excel. Theoretically, your 1 yr bond at issue, if at par, would be 10,000 with a 5% coupon and principal payment in 1 year. To determine the price in future days you would simply discount the payment by the current rate, adjusted for less days to maturity...

Hey Steve. If you are willing to study for actuarial exams on your own and invest a total of ~2500 hours passing them (about 1/3 of which will be company paid time off), the actuarial route may be great for you. You need a Bachelor's degree, usually a GPA of 3.6+ in the subject you got your...

Yes, exactly! If you had started with say 500K, with those gains, you'd be in a very different place and adding wealth as we speak. I think you have a lot to sell to an employer: 1) Great emotional stability and discipline. In 7 years you were profitable in an extremely tough game that would...

So sorry to hear! So what was your annualized return? You only had 150K, had taxes on gains, and you needed to withdraw money to survive so losing only 75K in 7 years doesn't seem like much. What am I missing? Did you just have a really low standard of living?

The denominator of the sharpe ratio is the annual standard deviation, which for S&P 500 is probably somewhere near 15%. The numerator is the annualized return minus the risk free rate. So if that rate averages 3%, a sharpe ratio of 1 means you would have a risk profile similar to S&P 500 but...

How do you have the same capital for when you are buying just one of them or both of them at same time? I don't understand that. Are you 2x leveraged when you buy the 2nd one? What about numerator question? Also, does the standard deviation (denominator) make sense? We need more information.

How did you allocate % when you had tested the spy and msft? Meaning, when it was just spy, when it was just msft, and when combined what % capital to each for the combined strategy? Did you check to see if the numerator was what you expected for the combined?

Their goal is to make money off people failing and to reduce their risk so significantly when someone does succeeds that it's not worth it for a successful trader to even enter the game. It's the ugly side of capitalism. People profiting off a service that is a negative externality and doesnt...

Here's a link to put-call parity: https://www.simtrade.fr/blog_simtrade/call-put-parity/ You're just creating the call in the first formula

Omg, this. So true. I love to read intelligent comments. Made my night :)

The question a trader should be asking you is, "what is your risk profile and what risk are you taking on by offering such a deal"? If you are taking on risk than there is more benefit to the trader, but I doubt you take on much risk at all. I didn't look at your website because I don't think I...

It's not even close to 4%, this is completely ridiculous. The problem is, most people that do "decent" don't realize how they ran like God, until a terrible multiyear downturn happens. I'd guess that people that start off day trading, that in a 20 year period, have a risk profile better than...

The purpose of diversification is to create the risk profile that you want, for yourself. For example, the distribution of daily/monthly/yearly outcomes from holding just S&P, holding 70% S&P and 30% cash, 50% S&P and 50% Bonds, 20% S&P and 20% IYR and 20% AGG, etc. are all going to be...

For a bear market, at least according to my systems, the bottom lacked the capitulation and long-term oversoldness I would expect to see at a major bottom. Although not all bottoms show that, so who knows. I have several systems and this is only one of the positions I hold (short QQQ). I will...

You absolutely are paying interest with TQQQ. If you are borrowing 2/3 of the money in an investment, you are absolutely paying interest on it, even if it's no direct margin interest, it is in the price of TQQQ (just like with futures). Plus, you have a downside of volatility eroding your gains...