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  1. kmiklas

    U.S. Utility ETF?

    Those are not utilities
  2. kmiklas

    U.S. Utility ETF?

    Heya Peeps, Any good utility ETFs out there? I asked Teh Google, and there's long lists like this, but hard to tell what the smart choices are. https://etfdb.com/etfdb-category/utilities-equities/ I bought a few shares of $IDU, and got a message from my broker saying that there were others...
  3. kmiklas

    Bernard Madoff, Mastermind of Giant Ponzi Scheme, Dies at 82

    May he rest in peace. https://www.bloomberg.com/news/articles/2021-04-14/bernard-madoff-mastermind-of-giant-ponzi-scheme-dies-at-82
  4. kmiklas

    The mkt runs in anticipation of better times and also runs during good times.

    Stonks only go up. I'd like to see these numbers adjusted for inflation and an increase in the money supply.
  5. kmiklas

    More upside predicted, dow 45k+++

    It's an illusion: a combination of Fed money ending up in the market, and inflation. For example, AAPL went from a 1T market cap to 2.3T during the pandemic. Yes, many used their stimulus to buy a new phone... but 1.3T worth? I think that companies like AAPL actually gained a "true" 10% bump...
  6. kmiklas

    IRS audit chances...Under $500K

    Thanks for this. Follow up vid also pretty good:
  7. kmiklas

    How to lose 20 Billion in 2 days

    Murder.
  8. kmiklas

    Best Learning Materials?

    You don't have to "blow up your account" to learn. Buy inexpensive options on low-priced equities; but, be mindful and intentional about what you're doing. Are you covering a call? Hedging/insuring something? Calendar spread? Straddle? Strangle? Are you buy or sell side? You can learn this...
  9. kmiklas

    Best Learning Materials?

    As Livingston said, "A Trader needs an education, and he has to pay for it." So, trade, Trade, TRADE! Trade all the different option variants... trade the Greeks... but trade in small amounts, and minimize your learning costs. Also, screw paper trading. I once saw a special on Air Force...
  10. kmiklas

    I have an idea. How can I implement it?

    Yw. You hit a nerve with me here. Coding this algo opened my eyes to just how limited retail trading really is. There are caps and limits on everything, including but not limited to: market data, price scans, orders, news, historical data... you name it, there's low retail limit, which...
  11. kmiklas

    I have an idea. How can I implement it?

    Additionally, you are limited in your scanning ability... 50 instruments per second, if memory serves? So it takes about 11 seconds to scan all 505 symbols in the SnP, and an additional minute to scan the Russell 3k. Most annoying is when you miss the alpha you're looking for because it occurred...
  12. kmiklas

    I have an idea. How can I implement it?

    Yep... that's the advantage of being the programmer and not the analyst; you're guaranteed a check XD
  13. kmiklas

    I have an idea. How can I implement it?

    The algo was "good" because is did exactly what I wanted it to do; in other words, the code was was correctly processing market data and issuing triggers. The strat was "bad," because it didn't make money. :,( In other words, the programming work was correct, but the strategy it embodied was...
  14. kmiklas

    I have an idea. How can I implement it?

    I wrote an algo to do something similar. I was playing the (dead cat) bounce. I scanned the SnP, looking for equities that had triggered the uptick rule, and timing a buy to catch a 1% bounce. To answer your questions: 1. I did it with the Interactive Brokers API. It worked well. 2. I used...
  15. kmiklas

    One of the most satisfying things I've done recently

    https://m.twitch.tv/directory/game/Music
  16. kmiklas

    One of the most satisfying things I've done recently

    Check out some of the live music streamers on Twitch.
  17. kmiklas

    4000

    If they stop pouring money in the market will crash. In Sep 2019 they tried draining liquidity out of the commercial paper market, and got a nasty spike in rates. Market participants now expect the Uncle Jerome and the Fed to be there. It is beyond a matter of choice now. Even if they want to...
  18. kmiklas

    What is your order of ranking of metals that will go up in future years?

    Uranium. The world will move to nuclear power.
  19. kmiklas

    Is it possible for big companies/Uncle Sam to hoard BTC/crypto?

    Ummmmmmmmm.... no it's not?
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