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I am considering 2 36” one on top of other. PS. My wife is already storing some stuff inside the desk, unreal

I don’t have a TV :) would she knock it over? She will try, but a with heavy monitor its not as likely. However she also does scratch everything in sight. Anyways, we adjusted our behavior to match hers. I rarely work from home and if I do it’s usually either writing code/emails or monitoring...

If you’re unable to transfer money outside the country, how do you envision handling things should you lose money? I do know someone that runs a systematic prop firm, they only hire remotely. Could you elaborate on your product universe, capital usage, latency requirements, turnover rates, TC...

First of all, while he was appointed by Obama, he was appointed as a part of bipartisan requirement and was recommended by Mitch McConnel. So he was a republican nominee to begin with. Second of all, did you actually read that statement? It gives literally zero factual information about the...

The general idea is that you trade things against each other but remain neutral overall. E.g. if you are a long-short PM, you would buy stocks that you think are a good value at this moment. However, if you’re supposed to remain market neutral, you have to either find other stocks that you think...

Actually, the softer version of NN was in place since 2005 as a “recommendation” (I think), the Internet Policy Statement. It’s unclear what will happen with these rules now, since they were superseded by the NN ruling. So it might be not that silly after all.

10s/30s are steeper indeed :) but, as a systematic guy, I was sitting on the sidelines

If you have an exit rule like that, I assume you have an entry rule too? Just interesting if you have back tested the median and mean performance of this method vs just holding the market.

And that’s horrible how? You want them to piss away transaction costs getting in and out of the market instead? My takes are very cynical: - That post is a truism - markets do go down - The guy is a talking head selling a service PS. What on earth is a “champion trader”? If he is really that...

The reason gold is used for jewelry is because it’s a perceived store of value. When aluminum was thought to be scarce and valuable, people made aluminum jewelry (19th century France).

I am not sure what you mean by "define stops". There is a garden variety of ways to include stops into a trading strategy, from simple fixed value to expected move (based on either implied or realized vol) to cost of risk. Well, that just means that you personally could not find a strategy that...

I don't follow your logic. Presence of crypto-coins places no obligation on the government to adopt them as a medium of exchange or even acknowledge their value. Gold is still a store of value even though no countries use the gold standard any more. Gold is remained a store of value even after...

Systematic means that there is a fixed algorithm that either tells you when and what to trade or takes over everything including the execution. As long as your process for coming up with the trade can be expressed as a set of explicit rules it's systematic. If you are using judgement (e.g. you...

priceless :)

Oddly enough, I did not experience that - it was pretty much business as usual. People working for me said that I was a little more irritable (I know they are full of shit, cause I was A LOT more irritable) and I vividly recall vomiting during an important meeting with the head of trading ("Hmm...

That’s where systematic is vastly better than discretionary...

Yup, you’re thinking of the right person.

It’s a tricky question. Truth is, even holding at these levels is worth it only in size that’s not a meaningful portion of your net worth. So if I was flat, I would probably buy A little or (probably a better option) wait for a drop first.

I own 5 bitcoins and whatever coins that resulted from the forks, bought it 4 years ago for 3k. All things considered, I’d call it a token allocation to keep my finger in the pie. PS. If we see a decline I might buy some more but at these levels I am OK just waiting it out.

I thought the economic weapon point was interesting. Otherwise, it’s very common sense. The final idea of “if you don’t have any BTC - buy some because it could be crazy convex; if you have a lot of BTC - lighten up because it could be a wild ride” is more or less investments 101.