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I don't think I have used a market order in about 15 years but I don't see what the point of paper trading is when you could just trade 1 share with zero commission. Something like PLTR comes to mind. $17.77 and you can just get filled for real.

Personally, I think the Sortino Ratio is stupid. T or MAR is just subjective nonsense. Return minus a nonsensical subjective value divided by downside volatility that is also sensitive to this subjective value doesn't tell you anything. More so though, positive volatility needs to be scaled...

Damodaran did a valuation at $180 a month ago. With the VIX at 12.35 I am looking for things to short if we can get some lift in the price on TSLA this week. $250 I will consider it but we will see how this week goes. My goal for 2024 is to build something with TSLA and PLTR options data to...

I would say large language models are search engines 2.0. A search engine is only as useful as what you want to search for. I think it is like how you can make the argument no good movies are being made anymore even just a few days after you binge watch 5 seasons of some amazing TV show. That...

I don't think I have used a market order in about 15 years. Whenever I want in or out I am always trading a few ticks away from the market at least. Nothing makes me happier than a partial fill. I know then I got a great price on that trade at that moment in time. It is not like my sizing and...

Not really feeling the voice actor or audio quality of that but I listen to a ton of audio books so I am picky. I really liked Unknown Market Wizards by Schwager from 2020 and there is a really good audio book version. I think those traders are far more relatable to a retail trader than someone...

It is really the total opposite at this point. Most people are a waste of time to communicate with next to chatGPT4. Most humans hallucinate bullshit far more than chatGPT4 that it isn't even close. Most humans though if not hallucinating bullshit really don't know much of anything. I...

At least complete morons like you on here make it easy to block so I only have to read the useless drivel from your retard brain once. Commercial real estate in the US is in huge trouble and so is the housing market in China. Obviously. Jeff Gundlach gives the best advice that these things...

It is hysterical to me how much bitcoin triggers people, both positively and negatively. I would be pretty shocked that I don't live to both see $80-100k btc and $10-15k btc from here. Charlie Munger will fade in time but while the volatility is there I don't think we will ever lose all the...

Munger also hated precious metal investing and said high frequency traders should be put to work doing something useful like selling apples on the street. If everyone allocated capital like Munger and Buffet it would probably look like we are still living in 1990. Bitcoin is obviously not in...

Analyst aren't making anything close to that. It is a shitty job for guys in their 20s who want to be worked like mules to prove their company men and eventually move up into middle management. It is not even that good of money if you figure out what they make an hour.

I just find the whole idea of factor investing unsatisfying. Maybe from trading the Russel 2000, the classic Fama factor of small versus large companies is just wrong at this point. The whole idea has been given an gloss of science because Fama won the Nobel prize in economics. Cliff Asness was...

I just read the paper. I would think to exactly replicate this it will not be worth the cost of the data. All the work will be in paying for the data and the data wrangling. Even using pandas it will be non-trivial without building a proper database if you ever actually want to update it with...

Interesting. Not to completely get off topic of the thread but what are the nodes and edges in this graph? I have done quite a bit with stock data and graphs but it has been pretty fruitless.

It really has nothing to do with guts. To me that would have been a very low risk short because the move was so exhausted. The traders taking the risk were the clowns that got long on GC up 2% last night(probably levered money on the COT) even though all the shorts were already blown out and...

oh yes, GC is up 2% right now. GLD should open up nice tomorrow. I just have to figure out how to size this GLD short.

I am looking to get shorts on after Friday. Large Specs were quite long on the 11-28 COT so I am sure they are even more long now. Trying to decide today to short gold or short silver but I am leaning towards shorting GLD. Poor palladium continues to get drilled on the COT with these extreme...

Obviously, a strategy built around exploiting market structure when market structure was dominated by the pits, specialist quoting prices in fractions, huge transaction costs, non-electronic markets for any kind of mature pre/after market is not going to work in 2023. I mean just think about...

Candlesticks are a good example that people tend to just do the same thing over and over for no reason. Why color them for up and down bars? It has no meaning. The hysterical thing to me is using red/green has association with traffic lights but we usually color candlesticks backwards. We...

IMO much of these methods are rather outdated. You can gain general knowledge but specifics might not make sense anymore. You should look up and try to understand kelly like HolyGralSeeker mentioned. Even that gets confusing though between discrete and continuous kelly. I think 1-2% is popular...