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    time patience and persistence

    Just like any model, it's valid in a certain boundary condition e.g. big bang doesn't work on time zero. Einstein's time vs speed vs dimension vs mass. What will be the mass of object if it's universally stationary?
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    why volatility is not Markovian

    It's today's close vs yesterday's close for each observation. The red line is for 1 day whereas the blue line is average of 10 days.
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    How do you interpret this picture?

    I am using IBKR. At 60 cents per trade, I am ok with it. I am a trader and it doesn't bother me what race is the other party. All I want is to make money. Race doesn't matter.
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    $BABA : Game over... back to the rescue.

    The smart money is running, retail investors can prop it up ?
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    why volatility is not Markovian

    In Markov chain, all states must be defined and steady state must be reached in order to get meaningful results. It would impossible to define all the states of the market let alone define the model. One thing for sure is the price change is normally distributed and we often hear reversion to...
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    Chinese Manufacturers Get Around US Tariffs With Some Help From Mexico

    China still has about 20% (including - HK to US) export to US. Politics play a big part in global trade. In the 70s and 80s, it was Japan and US trade friction. Now, it's China vs US. 20% is difficult to replace and US has the purchasing power. Frequent covid lockdown is not helping its supply...
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    Options bets blamed for amplifying U.S. stock-market plunge after hot August CPI reading

    Just avoid these meeting dates like a plague for now. Fed Meeting https://www.forexing.com/economic-calendar/fomc-meeting-schedule-time CPI release dates Schedule of Releases for the Consumer Price Index (bls.gov)
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    Help me...What do I not see...Intel

    US sanction is related to ASML EUV lithography and EDA software export to China. It has minimal impact to CPU supply. TSMC makes the main bulk of the wafer for Apple, AMD and Nvidia.
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    Help me...What do I not see...Intel

    When analyzing INTC, it's critical to look at AMD. Both are direct competitor. AMD just release Ryzen 7000 Zen 4 cpu which is equal if not better than Intel's latest. On the discrete graphic, Intel is having problems with its ARC gpu. Intel made a strategic mistake trying to protect its server...
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    If you had to start over...

    Sometimes it pays to know the institutional ownership and transaction. They are the "smart money" and have access to information that retail investors do not. So, it's good to leverage on them. Please exercise caution as this is not a silver bullet. Finviz.com is a good source of information...
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    The power of the almighty US dollar is a bit of a mystery

    A currency cannot exist by itself. Its value is relative, usually to some other currency. Criticism of fiat - infinite supply and under central bank control. Crypto is supposed to fix these two but it has become a speculative heaven. USD still have >80% market share.
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    time patience and persistence

    Newtonian mechanic got human to the moon. Einstein's theory explain Mercury's orbit and GPS location. The standard model settle the mass problem with higgs particle. Next will be the gravity particle. All theories have gaps and it takes some smart guys to fill the gaps.
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    time patience and persistence

    Please allow me to quote one genius. 1. It took him nine years to come with General Relativity theory. 2. There is no evidence that he said this, "Insanity is doing the same thing over and over again and expecting different results." Focusing on the right thing is important. I suppose...
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    Free Scanners

    This is just an idea for scanning. 1. Free daily data(stock) are available from Yahoo Finance. But one need to have an apps like Ninja Trader or Amibroker to be able to scan the data. Having the ability to scan is no guarantee for success. Needs a lot of trial and error. Most importantly, one...
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    Cashless economy?

    In Japan, cash is still preferred. Change is returned in a tray. We have to give up something in order to gain the convenience of going cashless. We lose control and being controlled. In authoritarian countries, the choice of what to purchase maybe taken away in cashless transaction.
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    Tape Reading Resource Request.

    Thanks to Archive.org, one can read the Tape Reading book by master tape reader, Richard Wyckoff. The Day Trader's Bible - Or My Secret In Day Trading Of Stocks : Wyckoff, Richard D : Free Download, Borrow, and Streaming : Internet Archive
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    Why China's Economy Will Not Collapse

    Let me speculate since I am far away from China. It happened in Japan(1991 asset bubble) and US(2008 mortgage crisis) and now China? There are plenty of ghost city videos on youtube. I suppose there are certain truth to it. Looking back to Chinese history, they have closed door policy not once...
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    US secretly buying Russian oil from India... :-)

    Why would India not keep quiet about the transaction? Being a middle man, India stands to gain financially. India wants it to fail?
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    Trading Advice in a Restricted Environment (?)

    @smallAxe, I am not too far from you. I trade mainly US stock using IBKR. This is just my opinion. The stock market in this region is not easy for trader.
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