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    Bitcoin miners facing a shakeout as profitability becomes harder

    I am not a crypto fan, but I have to admit that there are some good uses for crypto currencies, such as hiding money from the government, ex-wives, business partners, etc. There are not a lot of people who need to do this, but the ones that do tend to have a awful lot of money. Witness the...
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    Link your broker account to Yahoo Finance

    And when there is the inevitable foul-up, who are you going to call? Yahoo will say it is the broker's fault, and the broker will blame Yahoo. Plus are you really going to trust your account details to Yahoo, a company that has had several data breeches? If you give me Buy/Sell access to your...
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    Where in the world is it easiest to get rich? | Harald Eia | TEDxOslo

    Thanks DealMaker. Very informative TED talk. Hard to believe the USA is one the countries where you are least likely to move from the bottom 20% of income to the top 20%, yet the Scandinavian countries with their high taxes and social safety net are all in the top 5.
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    I was a senior trader. Now I’m a programmer. Here’s why

    Nope. Except for investment banks like Goldman Sachs where a programmer can earn $400K+ per year, most compsci majors from the best schools would not dream of working for a bank. For all the complicated systems (ATMs, Teller stations, check processing, etc.), the bank simply buys a system from...
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    I was a senior trader. Now I’m a programmer. Here’s why

    A fully automated, hands-off system would be extremely difficult to build. My trading system is not fully automated. It simply automates those parts that would be very time consuming to do manually. For example, if banks stocks are suddenly hot, in 5 seconds I can show all bank stocks that have...
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    I was a senior trader. Now I’m a programmer. Here’s why

    You may want to rethink that. The best way to prevent Alzheimer's disease or dementia is to force the brain to learn completely new things, especially as you grow older.
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    I was a senior trader. Now I’m a programmer. Here’s why

    Yes, but once you thoroughly learn one programming language, it is takes much less time to learn another language, especially if the languages are very similar, such as C# and Java.
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    I was a senior trader. Now I’m a programmer. Here’s why

    I was a senior programmer. Now I'm a trader. For many years I was a programmer, specializing in realtime systems. I even wrote part of the Nasdaq platform, though I doubt that any of my code still survives there. Now I trade fuil time, using only software that I wrote myself. This gives me an...
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    What percent does a stock go up or down by going into or out of the SP 500 or Russell 2000??

    Yes, the stocks that are added to the S&P 500 (or for that matter the S&P 600 Small Cap, S&P 400 Mid Cap) or any of the Russell indices do rise after immeditately addition. Typically around 1 to 3% (this is my personal observation, not a statistical measurement). Conversely, stocks that are...
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    Vanguard VOO

    SPY, VOO and IVV usually have __exactly__ the same holdings and weights. They are all based off the S&P index, and the only difference in holdings is that any changes to the S&P index are applied on different days to the 3 ETFs. Hence, the price changes in SPY, VOO and IVV are 100%...
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    Vanguard VOO

    VOO has almost exactly the same holdings and weights as SPY, but with a slightly lower expense ratio (0.04% for VOO, 0.09% for SPY). However, SPY is slightly more liquid, so you may as well own SPY instead of VOO. VTI is also heavily correlated with SPY, but with slightly different holdings...
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    Is active trading a viable job for an individual?

    You did not say what in IT you have been doing, but if you are a skilled programmer, especially of realtime systems, you should consider trading that takes advantage of those skills. Fully automated systems are extremely difficult, but systems that assist you in spotting opportunities or placing...
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    Is active trading a viable job for an individual?

    Can I ask where did you get these statistics?
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    Strategy for projecting closing prices

    I agree with fan27 -- Trade the strategy yourself first to build a track record. Use a separate brokerage account just for this strategy, so you can easily show the results. Also, the biggest bang for your buck would be using options.
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    NxCore is no longer offered

    It turns out that NxCore is not going away; but there will no longer be associated with DTN. Link to the NxCore message thread: http://nxcore.websitetoolbox.com/post/dtn-discontinuing-nxcore-eff-11302018-9710282 Summary: Please be assured that your investment in NxCore is safe. We are...
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    Here is a country where income from active trading is always taxed as capital gains

    Puerto Rico, Act 22. Total tax (Federal and Local) on capital gains: 4% However, you may want to wait a couple years to allow the infrastructure to fully recover Hurricane Maria.
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    5 Questions with Michael Creadon, Cryptocurrency Analyst and Trader

    I thought this was a very informative article, until he said "Blockchain technology is the most revolutionary force in my lifetime?" Really? Bigger than the internet? Or cellphone technology, AI, robotics or driveless cars?
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    Trump Is Building An Army Of Nations In Trade War Against China

    If only we could get a group of nations to come together to encourage trading by slashing tariffs and removing trade restrictions, while still respecting intellectual property and discouraging bad labor practices. And of course excluding China. Oh yeah. That would be the Trans-Pacific...
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    IB Market Data Subscriptions

    My advice to to initially choose no subscriptions. As you enter symbols into the TWS workstation, TWS will show you whether or not you need a subscription for that symbol, and will have a link right near the symbol to bring up the appropriate market subscription web page for that symbol. That...
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    China imposes tariffs on more than 125 US imports including fruit and pork as fears of trade war gro

    The only good thing I can say about this tariff war, is that I like how specific the Chinese response to Trump is - $3 billion in tariffs on 125 specific products. Trump on the other hand stated that he wants the commerce department to impose $50 billion in tariffs on China; no specific products...
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