It's the fluctuations in income stream what makes it more difficult. When you are employee your employer takes away this risk by providing a fixed (but offcourse lower overall) income stream. The difference is the risk-premium for the employer /risk-taker. Freelance is a form in between.
That was what I meant. The smaller the move (timeframe), the higher the chance the edge can be taken away. The higher you go, the least it will be impacted (probably). I mean, when it moves, it just moves.
You can use 3 columns, for each Y and use the one you need?
And if you have spare time, indeed learn some python. Library yfinance let's you download complete ticker/prices lists with one click. Once set up, it's really convenient :)
When you this kind of strategies, it is also useful to include oct 14-oct 16 for the index. Since the market was flat/down this was a somewhat other market then the last year.
Curious on your entry decision..was it purely based on smh? To me, and then simply looking at a daily chart smh, your entry point seems random (structure wise). Even right before a larger 'congestion area' (nov/dec 2022).
Or was it based on SPX?
You are basically asking for the AI or ML rules to build the model "when does movement on time frame x for instrument y ends?"
A model is always an approximination of a realworld phenomenom. We try to find the best explanatory variables, only asuming causality.
It becomes more complex because...
Interesting to follow :)
Was looking at smh a while ago and r/drawdown seemed superior to, for example spy. Can be very interesting for a longterm portfolio. A monthly logarithmic chart looks at times like a straight line (msft also) and it's hard not to think the backbone of digitalisation will...
Very true. I was personnally a bit dissapointed when I saw the results. A beginner spaghetti-coding stackoverflow could do better.
I think it's more about the 'conversational' power, which is powerful. And perhaps in a few years it will be a lot better. Who knows. The whole AI thing, while...
Nice, and i agree. A lot of it is relative. The main point was that I was referring to a lot negative statements on TSLA tuesday, when it was around 110. Where is it now? 121?
hindsight? yes. But suppose some newbee shorted TSLA based on your posts. They would have been under water now.
Next...
I just wanted to say, that when an asset x takes a plunge (or rise) for a few weeks, media /or people always enchant this as the new trend. Negating the fractal nature of markets.
Not that trends do not exists, just another perspective. Absolutes are not that often, probabilities are.