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My short in the front end is not working well so far (with losses partially offset by 30y bonds, gold and gold stocks). But I just can't think that closing at these prices make any sense. At this point, if the Fed hikes 1 more time (after today), the short breaks even. So the market thinks the...

Bought some SPY Aug and Sep puts today, ~230 strikes

I like Gundlach idea of buying volatility right now http://www.zerohedge.com/news/2017-06-13/gundlah-you-should-be-raising-cash-literally-today My tests are showing that systematic put buying hurts risk adjusted performance but perhaps tactical put buying is the way to go. Waiting for extremes...

I'm looking around for upcoming ICOs to invest in but most of them sound so utterly ridiculous its kinda hard to invest. The zirconium mine that is raising funds through an ICO is probably one of the worse. A lot of them are jus the same old business ideas rehashed to scam people looking for big...

Maybe its an issue that the sample is biased because it ends in a roaring bull market and this hurts put buying? It could be, I plan to redo this test ending in 2009 or 2010 and see how things hold up

Spitznagel says that buying puts enables to one to own more risk assets I'm trying hard to see that on the data but I'm not able to Typical allocation Then I reduce cash (to own more risk assets) and S&P500 to buy S&P500+puts up to the point where Max DDs are equalized The S&P500 with...

I run some tests of an asset allocation with no put buying and with put buying and got some mixed results. I thought the put buying would surely help to improve performance, even if just risk adjusted performance The 5% PP Index is a S&P500 position plus put buying of 5% OTM puts that expire...

I'm curious about this as well, it would be great to have IBKR here

I found out that it seems that even a very good gaming machine pales in comparrison to these dedicated mining rigs, in terms of bitcoin output. So I would have to import that to my country, I would be liable to a 60%-100% tax and even then I might run into some problems with excessive power...

https://www.bloomberg.com/news/articles/2017-06-08/these-companies-stand-to-gain-the-most-amid-digital-coin-rush "A complete mining rig, which is made up of graphics cards, a processor, power supply, memory, cabling and a fan, costs between $2,400 to $3,800 on Amazon.com. The Antminer S9, which...

good to know that

I put 2/3 of the cash into VWO. It goes along with my technique of not decreasing convexity exposure by doing the typical move of selling stocks and going into cash which usually is a mistake. if I have the stomach/tactical view of having X% in stocks, I want to keep that exposure by going into...

Lets say a site gets hacked, in theory, the fiat $ is a lot safer because the bank will usually simply not allow the hacker to make a huge wire transfer, but the bitcoins can be transfered instantly So when the news of the hacking comes out, investors can then wire out those funds and avoid any...

https://www.bloomberg.com/view/articles/2017-06-09/the-fed-s-evolving-approach-to-raising-rates " This is not to say that officials are hellbent on tightening monetary policy regardless of how the economy is doing. But nowadays, they need to see a significant economic slowdown before changing...

I've defended Trump many times, mainly because there is hardly any articles around in the web that do that and I like to write when I got something different to say. But I usually stuck with the market/economy side of him, I think he will be good for both. That said, its becoming more and more...

I watched the Comey testimony and the things that suprised me were -McCain seemed quite protective of Trump, which makes me think he wont be obstructing much his agenda in the Senate -Comey described Trump in a way that shows that if he doesn't come back to earth soon, his presidency will blow...

These ATMs seem scammy. I went to the only one in my city (the largest city in brazil only has 1 bitcoin ATM) and the markup was 25%. I had to pay 25% more than the market price to buy bitcoin. I still bought it because I wanted to test but it was just a nominal amount. Not that this premium is...

Gonna cut back 20-25% of my EWZ position, the ones I bought during the tank plus a bit more. It looks like the President will stay on and a grilockish scenario is shaping up, but he will also lose popularity overtime so there is a lot of uncertainty about what will that lead to. I rather take a...

I got an offshore bank, so far it has not complained about my wires to bitcoin sites. IB certaintly has, I tried a 3rd party wire to save money in fees, and they turned down the instructions. With regards to sites getting shutdown, I'm still a newbie at this but from what I have seen, you can...

After having my wire to OKcoin turned down and returned (Apparently they don't accept USD wires that go through a US bank intermediary, I didn't even know it was possible to have a USD wire that DIDN'T had a US bank in the middle. I mean, any offshore bank in order to own USDs electronically...