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  1. mervyn

    Risk/Reward Ratio

    there is no risk reward ratio in my book, only profit targets. let my account size to buffer the drawdown. any predefined ratio is just a gamble, not conviction.
  2. mervyn

    Oxford Lane Capital Baby Bonds

    don't do it.
  3. mervyn

    Muni offers - Direct purchase

    Obviously you guys are really new to this. Going thru a broker is must, probabaly commission can't be avoided unless the fees are paid by the issuing muni gov. I personally use Fidelity for decades for bonds, it got almost everything except international issues, in which I go with IB. Here is...
  4. mervyn

    Any day now is today, Trumpers. Trump Indicted

    In this instant I believe what he said it is true, he doesn’t have the paper in front of him but just tried to show off. It is his personality that got him into many things. But the real docs were in his possession regardless.
  5. mervyn

    How do you explain US exceptionalism over the last 75 years?

    the acceptance rate for the Asian kids are the lowest among all groups, hence the lawsuit.
  6. mervyn

    How do you explain US exceptionalism over the last 75 years?

    Oh is it? Right, current Boston mayor is an asian lady from Harvard Law, another community organizer. Isn’t DeSantis Harvard law too? Should we put these two in a cage fight? But I guess my wife would put me in the dog house and no beer, because she went to Harvard.
  7. mervyn

    How do you explain US exceptionalism over the last 75 years?

    MIT wraps itself as the best hard core tech school in the world myth, maybe it is, maybe it is not. It gives out full scholarships and fellowships (most of the money are from US government, some are private foundations) like cookies, certainly is more attractive than they would’ve gotten...
  8. mervyn

    Trading US Treasury Yield Curve

    you build it via a long/short combo, very clearly in the CME 101 paper.
  9. mervyn

    How do you explain US exceptionalism over the last 75 years?

    https://facts.mit.edu/enrollment-statistics/ In 2022–2023, MIT students come from all 50 states, the District of Columbia, four territories, and 135 foreign countries. Women accounted for 48% of undergraduates (2,244) and 39% of graduate students (2,830). Fifty-seven percent of undergraduates...
  10. mervyn

    Wagner Russian Coup

    not some sources, by July 1, one who are fighting in Ukraine will be under the state. Private contracts remaining private.
  11. mervyn

    Wagner Russian Coup

    “Prigozhin’s rebellion wasn’t a bid for power or an attempt to overtake the Kremlin,” Tatyana Stanovaya, a senior fellow at the Carnegie Russia Eurasia Center, wrote in an analysis of the events. “It arose from a sense of desperation; Prigozhin was forced out of Ukraine and found himself unable...
  12. mervyn

    DC School Board Approves Curriculum Centered on Critical Race Theory

    interesting research came out today, our original sin, yet we are blocking the amigos coming in. More than 100 U.S. leaders – lawmakers, presidents, governors and justices – have slaveholding ancestors, a Reuters examination found. Few are willing to talk about their ties to America's...
  13. mervyn

    July 2023 Yellen visit to China

    Yellen is going there to ask the Chinese to buy US debts, like in 2008 when Hank went and they did buy a lot of these junks. 40% of US debts are bought internationally. This time maybe different, they don’t give a shit about US unless Taiwan is the negotiating item.
  14. mervyn

    Trading US Treasury Yield Curve

    if that’s the only instrument you are looking at, why not, go tryout, everything is tradable.
  15. mervyn

    Trading US Treasury Yield Curve

    IB or whatever accounts you have sufficient money from margin calls.
  16. mervyn

    Trading US Treasury Yield Curve

    those are algo’s job, retail is too slow for that. also the feb is in the market to smooth out any panicking.
  17. mervyn

    Tesla 2023

    https://www.thestreet.com/technology/tesla-rival-goes-bankrupt Lordstown Motors filed for Chapter 11 bankruptcy and put itself up for sale because it lacked the funding for a scalable vehicle-development platform. LUC OLINGA 3 HOURS AGO
  18. mervyn

    Tesla 2023

    The latest call on Tesla comes from Goldman Sachs analyst Mark Delaney, who moved the stock from “Buy” to "Hold," although his team boosted Tesla's price target on the stock from $185 per share to $248 per share...
  19. mervyn

    How do you explain US exceptionalism over the last 75 years?

    Been to MIT laterly? More than 60% of post-doc students are "international", which most likely means Asian students. Why? Because there are good schools in Europe, not many flew to US for doctoral degrees.
  20. mervyn

    Cathie Wood's ARK dumped NVDA in January

    i'd wait for 80-100 range to add, but if she can pump and dump for few points, good for her.
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