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Another victim of Tesla like David Einhorn. https://www.ft.com/content/9d5663ca-482c-11ea-aeb3-955839e06441 His Odey European fund, which holds the bet against Tesla, was down 11.2 per cent to the end of January, the update said. The advance in Tesla shares gained even more momentum after the...

With Tesla's near 20% rise last night on 3Feb2020, I think Mr Einhorn's 2020 performance suffered a deep loss just on this short loss alone. Hopefully, he has covered his Tesla short long ago.

I like Mr Einhorn. He makes intelligent speeches. It puzzles me why a more experienced Mr Einhorn can perform so much poorer than an inexperienced Einhorn more than 10 years ago. Seems like experience doesn't really count a lot in investing...

U.S markets on last day of Jan2020 indicates that the virus has infected U.S markets. Don't be complacent.

This book doesn't talk about trading.

Sounds like a potential scam to me. Do your due diligence.

How good is the investment performance of this ruthless hedge fund manager? He behaves like a big swinging dick, so how good is he?

A trader borrows EUR1m to buy USD stocks. He wants to hedge away the currency risk through EURUSD futures. To do this, he goes long EURUSD to hedge this risk. The question is how much of EURUSD futures should he buy to hedge this risk accurately? The intuitive answer is to long EUR1m worth of...

Is this futures contract available for purchase on Interactive Brokers platform? I cannot find it. It will be useful for hedging when HKD dollar peg is at risk one day.

What is meant by OnClose or OnOpen US listed stock orders?

What are some TV series that traders can watch and learn useful things? Billions is a TV drama about hedge funds but I don't know what useful stuff can be learnt from there.

I would like to know too. Can't find a data column for earnings dates.

Selling options has been described as an income strategy. What makes me uncomfortable is the risk is open-ended and one can lose more than what is put in. There are horror stories like James Cordier optionsellers.com whose fund specialises in options selling and he even wrote a book on it. He...

Personally, I find it uncomfortable taking on strategies that involve open-ended risks. Selling options for income is one of them. Marty Schwartz is a market wizard. I believe he knows how to manage the open-ended risks.

It's pretty bad timing to do badly in a year when U.S stock markets are making record highs. It's hard to answer clients who naturally expect better performance from higher fees.

If you can make more money other than trading, why don't you focus on these other activities? Trading does not produce much social value, so the emotional satisfaction is lesser than if you can create wealth and social value at the same time with other activities. Besides, you only have so much...

You've high expectations. ONLY 20%. If you can make 20% this year, you're among the top hedge fund managers. Hedge fund managers are usuallu well paid, despite delivering poor performance to their clients as a group.

I agree with your logic. However, human psychology is not logical all the time. Paying to look respectable is not financially rational for one-man-show traders but it boosts their ego. Nobody wants to look like a jobless loser. So, perhaps looking good will make them feel good which in turns...

To add on to Steve Alexander's post, lots of online interaction these days can be done without leaving home. To OP, why waste the money renting an office if social interaction is what you want? Forums like elitetraders are free. A better reason would be to look respectable. Working from home...

THe SEC trouble indicated that those profits were a result of cheating - insider trading.