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Quality of a company is a subjective metric. perhaps it would make sense to find a service that provides tables and you build your own graphs based on how you weight the different criteria (fcf, leverage, rev growth, etc)

it’s not a cheap car. For me it was this or a Mercedes amg gt or a 2021 s-class (I was offered a launch spot). All were in the same ball park.

thin metals. Cheap plastics. Poor fit between panels. shouldn’t you be buying a giant pickup truck with coal burners?

Superficial similarities. The big difference is: software has infinite operating leverage. trading leverage is constrained by financial leverage. software has inherent edge (someone will pay you for your software if it’s decent enough). Trading does not.

as the owner of a Tesla and a lover of cars with a budding collection, I committed a sin and ordered a new Tesla. The cars are great. The only two problems with Tesla are the build quality is bad and the customer service is atrocious. But the car is so great that I am willing to forgo these. And...

or that the Nikkei skew is flat compared to the SPX.

as a PM at a big fund in WI told me, it’s still a horse race.

you can’t deny that there is a lot of luck in trading. Specifically we are talking about IB and FXCM Wall Street warriors. Not pit traders who have edge.

i disagree. Other professions have a high certainty of success. That is if you do the right things the right way, you have a 95%+ chance you will be at least moderately successful. Trading has a very high degree of randomness. That is if you do the right things the right way, you only improve...

yup. That is the only difference.

that just proves that trumps appointed judges are part of the conspiracy. we need judges who don’t care about the constitution and about democracy to support trumps degradation of our democracy and our constitution so that he can remain in power to protect our democracy and our constitution!

naked means unhedged. You aren’t short stock or long another put against it.

If you wanted to be cute you could call what happend at blue crest “back running.”

bigs are only traded as rolls and efp. All the liquidity is in the minis.

use the CPA. If done improperly, that loss can be a long term problem for you. Non-sequiter: if you are a bonda fide trader who is on mark-to-market, why would you hold a position for 6 months, not wanting to take a realized loss? Realized or unrealized, you will still pay taxes on it.

If a broker is down, unlikely you can quickly move funds so you have to keep both accounts permanently funded. However, to permanently have funds in 2 brokers (with two logins and two margin requirements to deal with), seems like a lot of work. Would the loss of productivity and margin capacity...

japan has a culture of duty to the family. America does not. I have made a nice living buying companies that are 50 to hundred years old where the second or third generation is more interested in living in Florida than doing a proper days work. it’s also why we have retirement communities...

they offered me a job as a partner but I rejected it because anyone who works at an investment bank is a terrible trader compared to a retail trader.

why not two weeks? I learned how to be a fundamental analyst after a 45 minute primer on investopedia.

My guess is that you will have a tough time differentiating yourself for a position that will pay you a salary up front or for a position that will set you up for a career (vs a churn 'em and burn 'em place). You are old (not completely malleable) and don't come from an exceptional background...