If possible, we need to find sounding function in R/Python, to alarm such as "You have trigger 1 in MSFT" loudly.
There are some free recording programs, to generate sound file like wmv. But here direct sounding by R/Python, I mean.
I have experience to open extra window by R, for me to read...
Suppose I have 500 watch list.
I already prepared a matrix (csv file) with 1000 rows and 3 columns, generated by my program with > 1000 lines, yesterday night.
May send the matrix to IB TWS server, in one time?
Please do not tell me that I need to type 1000 times (symbol+price+share).
PS) Of...
Dear-
Given personal watch list of 500 stocks, similar to SnP 500.
Placing order (delivering to IB server with API use) for a specific equity is NOT in discussion here.
First I hope to hear a sound from local PC speaker, such as "MSFT touch your 1st level of alarm" as soon as MSFT hits $51...
Since the length is not specified clearly, let assume 10, 20, ...
10 years later === 9317.54462503263
20 years later === 28938.8792798248
30 years later === 89879.7663627334
40 years later === 279152.911324092
50 years later === 867006.569490001
60 years later === 2692790.80047318
70 years...
Although I am not sure, I heard that his father was a rich congressman so that his initial seed was a lot more than ordinary people.
But born in rich is not important matter here, but compounding is main issue.
From 20 with 1M, it takes 50 years to make 9100M, AS LONG AS HE KEEPS ANNUAL 20%...
For example, let annual 20% trading logic is found at his discretion.
At least 10 years of data is required to be convinced, with 1.2^10 = 6.191736 =6.2 times.
For Buffet case, 1.2^50 = 9100.438 times, if his statement is true.
Overall, stock market is zero-sum after the index.
In the long run, most money goes to tax and commission by frequent trader, as well as his living expense.
That is why 95%(?) of frequent traders are eventually loser which is true in most country.
Therefore we should examine profit rate for...
Good to hear you. For example, suppose annual living expense is 30K and makes 20% compounded with seed of 200K.
Then we can adjust the living expense, such as 40K-30K=10K, which means annual saving(?) rate equal to 5%. Buf this is still a lot better than savings in a bank.
Of course we...
For example, 95 winning days and 5 losing days for roughly 5 months.(20D*5Months)
It means (1+0.03)^95*(1-0.03)^5 = 1+ 13.23623, implying 1300%
For yearly APR, 14.23^(12/5) = 585.7223
Keep going.
Of course, unlike Roths, Buffet is one of the successful stock investor.
However, it is true in case his 50 year report is confirmed.
Not that his overall record (50 years) shows roughly 20%( 12% outperformed over the index), as showned in http://www.berkshirehathaway.com/letters/2014ltr.pdf ...
As far as I heard, there is only ONE family keeping their own logic to make money in the bond market.
If I heard correctly, Rothschild kept own principle roughly 200 years(???). They do not speculate in the housing market directly, but lend money with collateral. Mostly their expected rate...