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    Which trading strategy would you prefer?

    Assuming each strategy has the same expected value per trade AND the same number of trades per time period, I would pick the one with the highest winning percentage, as the Kelly Criterion allowable bet size would be higher. The Kelly formula favors higher win % strategies, because these...
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    Finally! Rithmic on the Web! Optimus Trader - Our Flagship Platform

    What are the key differences between this platform and TT's web platform? (Not the TT Pro version, the $50/month version).
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    Excel + Bloomberg add-in question

    Yes, call them. They are very good at finding solutions to complex reporting problems. They might even do a custom spreadsheet for you.
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    Why didn't New York City real estate prices go down in 2008?

    High end real estate in Manhattan is used to launder money from rich people overseas, so there is a lot of hidden demand.
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    Futures plus options - how to hedge

    You need to have a view on the volatility of the underlying. If you think that future volatility of the underlying will be lower than the current implied volatility embedded in current options prices. , then you sell the (theoretically overpriced) option (ES/SPX/SPY) and hedge it by buying an...
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    Good way to find stocks forming chart patterns?

    Bulkowski's Patternz is free, although a little clunky to use. http://thepatternsite.com/PatternzNew.html
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    Waste management/recycling ETFs

    Here is a quick FINVIZ screen. https://www.finviz.com/screener.ashx?v=111&f=ind_wastemanagement&o=-marketcap Buying a basket of WM/RSG/WCN pretty much covers the industry if you want to keep it simple. There might be some interesting smaller niche companies further down the list though.
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    How are bond futures prices adjusted?

    On the surface, this seems like a simple question, but the underlying calculations for how bond futures behave are pretty complex, and there is an entire cottage industry in the trading community called "basis trading," which attempts to exploit differences between the futures and cash bonds...
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    Where to Simulate the Performance of a Simple Long/Short Trade?

    Portfolio Visualizer has a "backtest portfolio" function. The only issue is that you need to be net 100% long or net %0 long. You make the long stock +100% allocation and the short stock -100%.
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    Technically challenging BUT immediately useful books in trading?

    If you trade options, then "Volatility Trading" by Euan Sinclair is pretty good.
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    Tell me if this setup is stupid

    Also this: https://en.wikipedia.org/wiki/Lottery_bond
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    Tell me if this setup is stupid

    The funny thing is, that there is an entire sub-industry built out of doing this very thing, although not to the extremes the OP suggests. Fixed Indexed Annuities have a similar payment pattern: limited risk (usually guaranteed by the insurance company) combined with a CHANCE (not a guarantee)...
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    How technical do you think Warren Buffett & some of the other Wall Street legends are?

    Warren Buffett is effective because of two things a) accumulated experience and b) a superhuman memory and math ability. A person close to him (whose name I forget) says that "[Buffett] does discounted cash flow models in his head." He also has a near photographic memory, and can look at a...
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    Grantham on CNBC today

    I'm not making a forecast. I was answering a specific question about how GDP is measured, and noted how much it has grown since 2009 (because that is what the chart showed)
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    Grantham on CNBC today

    GDP growth is almost always presented in real terms. It has grown 2-3% per year after inflation since the end of the financial crisis.
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    Why isn't Jim Simons richer than Warren Buffett?

    Here is a great article by Morgan Housel that explains a lot. Key excerpt: https://www.collaborativefund.com/blog/the-freakishly-strong-base/
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    Seven Points capital?

    There is a good podcast with the founder on Chat With Traders. They are pretty sophisticated. https://chatwithtraders.com/ep-156-michael-katz/
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    Commission for split order

    Based on my experience with Fidelity, it's still just $5. What the broker does to execute it is up to them.
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    $CTL (Value Investing)

    HMC could be interesting. Strong brand, profitable, etc. The possible issue with Honda is the trend away from cars to trucks and crossovers. Low P/B is a well-researched "anomaly," which has beaten the market over a long period of time. However, it has underperformed for the last 10 years...
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    $CTL (Value Investing)

    Book value can be fictional. CenturyLink has grown by acquisition, and therefore has a lot of "goodwill" on its balance sheet, which is the result of buying companies above book value. There is no guarantee that they could sell that subsidiary for what they paid for it. The better measure for...
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