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    Mean Reversion

    Trend following strategy needs guts to withstand draw down. :(
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    Biden fucking up already

    Popular vote: Biden 50.98% vs Trump 47.31% Joe Biden is right. It's a divisive issue. When Trump won in 2016, he said it's divisive to go after Clinton.
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    Holding our belief to the end... is it right ?

    First and foremost, we must accept that our knowledge is limited and our belief in certain facts could be wrong. Whatever wrong could be right and whatever right could be wrong, until it could be proven beyond reasonable doubt. (But in equity trading, it's just a hunch and it couldn't be proven...
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    On giving tips for beginners

    I will give tips when I am sure of the tips will be profitable. I will be the richest man. Since, I am not sure whether the tips will be profitable, how to give ?
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    If Biden Shuts Down Economy: 4,000 Point Drop in Dow Jones

    Since this a trading forum, please allow me to share Mark Douglas' believe concept. Human sometimes hold steadfast to their belief, they would rather die than change their belief e.g. belief in god, political belief etc. Some believe the earth is flat. :wtf: With current social media, this thing...
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    How to reduce a loss

    First, there must be a "good" understanding of the market and method in stock selection. Second, "budget" how much to lose when entering a position. Third, know when to get out. Spend 99% of your time in first step and 1% in step two and three.
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    If Biden Shuts Down Economy: 4,000 Point Drop in Dow Jones

    Actually, there nothing much politicians can do when facing with citizen exercising their rights. This disease, 70% asymptomatic, and about 8% of infected are spreading to 60%. Some even question the effectiveness of face mask and attack people advising them to wear face mask. Mitch McConnell...
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    If Biden Shuts Down Economy: 4,000 Point Drop in Dow Jones

    Money cannot resurrect a dead person.
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    If Biden Shuts Down Economy: 4,000 Point Drop in Dow Jones

    Indeed! Life lesson... how to trade if there is no money in the account ? Having a life give us a fighting chance to make some money.
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    If Biden Shuts Down Economy: 4,000 Point Drop in Dow Jones

    Boris Johnson landed in ICU due to COVID-19 and his herd immunity dream shattered. There are those who can avoid the risk of getting COVID-19 and those who cannot. Those who cannot because they need to make a living. Those who can and choose not to. So, lock down is the solution. Vaccine is the...
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    Frustrating to Buy Tops & Sell Bottoms

    Just do a screen for number of days above 50 SMA. I have posted this frequency chart of this screen before. More than 60% fail to stay above the 50 SMA for more than 20 days. Based on this statistic, I will target buy for those stocks which stay above 50 SMA for more than 20 days. Next I will...
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    Why it's so hard to beat the market (Wisdom of Crowds)

    Try the best to be on the market side but it's not easy. The market is irrational but it is what it is. A promise of good vaccine against COVID-19 is enough to spike those industries affected by the virus.
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    Why do traders talk about TA as if it is physics ?

    Quote from Oxford dictionary. quantum mechanics - the branch of mechanics that deals with the mathematical description of the motion and interaction of subatomic particles, incorporating the concepts of quantization of energy, wave–particle duality, the uncertainty principle, and the...
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    Mean Reversion

    Variance chart for Nov 9, 2020. This is really fat tail. :wtf:
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    Do you post what you would say face to face?

    This is golden... "never write anything you would not say face to face." :thumbsup: I would strive to be as honest as possible so that whatever I do, and think so all are absorbed into my subconscious mind. Spewing rubbish will mess up the subconscious mind. Having a clear subconscious mind...
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    The stock markets in the Biden era - will volatility diminish?

    If there is a vaccine can be found for the corona virus(COVID-19), then the pandemic problem is fixed and unlock the economy. Otherwise, he will struggle with the senate for stimulus and the market volatility continues. So far, there is no vaccine for corona virus let alone COVID-19.
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    Mean Reversion

    All the charts are "bell" shape curve. Based on my anecdotal observation, curves with mean near zero and smaller standard deviation, tend to trend smoother and last longer. Oct 2017 Oct 2020
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    Mean Reversion

    I screen the % daily change and tabulate the observations into 5% intervals. Oct 2017 Oct 2020 The peak observations are in cyan. In less volatile period, the peak tends to hover near zero whereas more volatile period, the peak move away from zero. It has no predictive value but it allow us to...
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    It's hard hearing friends making profits, and I am losing money.

    Trade what you believe and not on tips. Continuously working on improving your method. Document all your actions so that you can review them at a later date. It's a long and arduous process. No one except yourself can dig out of this hole. If it's that easy, why bother getting a job.
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    Why is the stock market rejoicing if republicans have not clearly won the senate?

    Clearly the market didn't care who wins. Could it be the market position itself and demand for more stimulus ?
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