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Good example of a catalyst. If you know that Buffet and other large investors look for companies with attractive FCF yields that trade at a relative discount — it makes sense to find companies like that are seeing transient volatility and buy them, with the expectation that these large investors...

Most, if not all, trading websites are bullshit. Papers are tractable, which means you can replicate the authors process and evaluate them with your own data set to find robust signals. Also, his original paper was in the 90s but there have been hundreds, if not thousands, of subsequent papers...

That’s because you’re looking at the wrong sites lol. If you don’t know Jegadeesh Titman then you’re in the wrong industry.

Oh. Yes. See-- we're in agreement. I guess that makes you a raging liberal...

2-4 monitors is good -- 3 in a row and 1 on top. 22" max. At top should be your markets monitor/news/non-core stuff. You generally need one screen for your email/messaging/etc. (usually far left). You then need a screen dedicated to OMS/EMS (far right). In the middle should be your primary...

Gov needs to expand PPF. One thing I'll give credit to Trump was that in his belligerence he still came off as kind of "pro-business." I think combining a pro-business attitude with the right infrastructure (smart people at the top, good investments in education & healthcare, etc.), and we can...

Jon Corzine...

:p

well there's two things -- your product group and then your seniority. You could be the greatest cash equity sales trader but you'll top out at 4 screens max, most likely. Probably won't have budget for bbg anywhere either unless you're sr (vp+).

I think your assumption about how the government funds programs is off. Congress (mainly lawyers and non-experts) contract with experts (panels, federal employees, etc.) to write policy and fund projects. The stronger that transmission mechanism is, the better. I'd say that the governments...

with only 3 monitors, I can assume you topped out as an associate sales trader selling cash overnight rates. :D

You can do that by looking at the running average of OIV through a period (e.g. "for the last hour, OIV was 12% annualized, which implies a range of +/- $2.50") and then comparing it to current OIV (continuing the example "current OIV is 10%, narrowing the range of outcomes to +/- $2").

Cost is the primary distinction between a good being public or private. For example, very few people can afford their own patch of land in a crowded city, which is why the government owns and operates many of them. When the government does it, it surely "stifles consumer choices" through price...

The purpose of a moving average tool is to give you a sense of how strong your trend is, and, ultimately to serve as a signal. You can run backtests on this stuff and it is gravy ex-post but is terrible ex-ante. What you really want to do is evaluate the strength of a trend using a Kalman...

Separate your EMS from your OMS.

why are you using things like ema(9) without illustrating its reliability as a signal? EMA is a lagging indicator of price. Option implied volatility is a forward indicator of price dispersion -- the OIV at delta 50 gives you the 50/50 price distribution of a stock. (e.g. stock has a 50% chance...

Replace your title with "Why investors suck at picking winners and losers" and you pretty much nail it. It doesn't matter who does the investing -- we live in a laissez faire world where people pay a price (tax) for a service they want (gov). Sticky prices and sunken cost fallacy explains why...

Have you done any analysis of your hedges before you put them on? Stop relying on tips fake traders give and start doing your own research. You ever wonder why professional traders have many monitors? To monitor/analyze things lol.

use option implied vol to track 1 & 2std moves on the price of the stock -- that is a more robust way to generate an implied trading range. Support & resistance lines don't exist, outside of the concept of sticky numbers (people prefer round numbers), there's no value to drawing lines on a chart.

There’s tons of academic research on momentum. Typically, the idea is that investors over or under react to news, and that generally a catalyst will drive a price to a new level. Uninformed trading creates transient volatility — where price operates as a non-stationary geometric random walk...