Search results

It really depends on what kind of developers you're talking to and where they live. For guys who are very good and have no trouble getting a job as a developer + have good english, it is probably not worth taking anything less than 10k for even a few days project. If they size it up as couple...

It is hard to not feel very smart being heavily long since yesterday. That kind of thinking is probably what gets discretionary traders in trouble most often :) But I will indulge. As that would have no impact on the next trades. Feeling pretty damn smart today. Out of DD basically overnight...

Some other adjustments I did in last couple of months (mostly very recent): Another update of MR short to reflect observations from this market. Another reduction of average exposure with same looking ARR and better recent DD. Position size is already pretty small so no changes. This version...

Hope everyone is doing alright. Seeing today's action I looked at recent closed short positions, and mix of "looking for justice" and curiosity, but there was no justice, not today.. Just look at GME and GSX. Whoever is trading them up doesn't care about market or tomorrow. I think GME wasn't...

Understanding liquidity is quite valuable and I found that not many people can contribute anything on that. So appreciate that! Outside of outright trading I personally think that now might be a good time to lock in some real estate deals that wouldn't normally be available. Tax advantages and...

As of late is an understatement. There is no chance he put any substantial amount of money on a line to start with. So the whole thing is just a lottery ticket for him. That he can't collect his winnings on. I've read somewhere the other day that biggest % gain accounts at brokers typically...

I formally qualify since my trading profits are well above cost of living with better than market returns, but I don't consider myself a full time trader. I love trading as an intellectual challenge as well as a way of self-discovery, but don't have a desire to trade whole day. So I confined...

Entirely agree on opportunity cost. Re "day" trading - is it really any different for swing trading or investing? It's not like making it there doesn't consume all life and requires no sacrifices. I'd argue that the only difference is time spent executing. The rest is still filled with...

Thanks. I am probably not as good as the year results might suggest.. But they do look very nice and I think it would be criminal of me not to show off! I am Canadian and normally just keep most of money in USD, but started converting a fraction into CAD in last few months. Most of the time, my...

Pulled a trigger on one strategy last month. Have a promising alternative version but will not trade it for now as it has greater correlation with other strategies than I would like. Need to figure out my registered accounts. Too much money is sitting there doing nothing. Well.. other than...

For those performance stats to make sense one would need to account for survivalship bias. Who cares if stock pickers made more money this year if most of them haven't been around for long. I don't know if they were. Just pointing out that data doesn't account for that. That data might also...

Another "Slack"er here. One of the best ROI decisions I've made. Reporting and also writing a slack bot for remote control /troubleshooting. Enough functions to go on vacation without computer having automated trading running. Val

It would. Re base currency - nope, I still keep USD as my base. If I understand correctly base currency with IB and your market exposure are completely separate. Base currency is more of a reporting thing, for example - in what $ your reports will be generated. I do my reporting outside of IB...

I'm in a similar situation with CAD/USD. Last month I converted a portion of registered accounts (RSP/TFSA) to CAD cash so partially hedged. I am considering a leveraged futures position to make that trade higher % of net worth. Val

Data matched. Much appreciated.

Anyone knows what is current/latest ticker is? Had a trade in it in Nov 2019 but my software now shows it doesn't exit now. Interested purely for record keeping sake. Hard to find good info since ticker is so generic. So many ticker changes and delistings this year. Really annoying.

Sometimes I also look at (a) impact of partial fills (b) impact of having no fill including unable to borrow (c) impact on having a fill that didn't happen in a model (d) impact of later data adjustments by data provider The slippage I mentioned is somewhat easy to track since I have formal...

Thank you for your trust. I track slippage/commissions/borrowing fees separately. Slippage is currently negligible. Which is why I call it execution edge. As with my pessimistic assumptions it could have cost me more than 30% of PL. Commissions in 2020 were 2-5% of PL. I launched low priced...

Over 2000 trades since Jan, +90% PL, -12% MaxDD. It's been a great trading year by any measure. I am most excited to see high % return figures while maintaining low DD. Recovery from DD was also very good. Is 90%/y something I expect to be long term average? Certainly not. It is a very unusual...