Dan

Systematic Commodities

[Dan @Dan_Trend]

@Benjamin1524928 @TradeQuantiX Yep, sometimes when the portfolio is already looking pretty good shorts are the only thing that are uncorrelated - but making shorts actually be profitable enough is another story 😀

[Dan @Dan_Trend]

@UnForgeron ooh yeah, is that what the cool kids call alpha?

[Dan @Dan_Trend]

@PiscoTrades 💯

[Dan @Dan_Trend]

Pretty normal that as traders we're rarely happy with a trade. Could've lost less, or made more..

Monish Pabrai held Micron Technology $MU for about 4.5 years before selling out. Just 1 year more went from $64 to $142.. then you know what happened next. To improve as traders we can only focus on process, not outcomes, not luck.

[The Chartist @thechartist]

$MRVL +32% today after I exited yesterday. Sh*t happens. #next1000trades

[Dan @Dan_Trend]

@WolfhartInvest Once you've got compounding kicking in, you'll earn big in your own account too ;)
Just gotta deal with those taxes..

[Dan @Dan_Trend]

@AggressiveQuant wow, good find

[Dan @Dan_Trend]

@tleilax___ Such a pain to trade our Wheat, in fact all our futures markets are a pain..
Even our bonds have to be upside-down with variable tick size and special cash-margin requirements.

[Dan @Dan_Trend]

@WolfhartInvest I don't know of etoro, but makes sense.
Sounds similar to Darwinex.
I don't think suitable to me though, most of these don't have all the markets I need.

[Dan @Dan_Trend]

@WolfhartInvest Ahh interesting, how does Wikifolio work?
Does it hook up to your existing broker or you need to open an account through them?

[Dan @Dan_Trend]

@AggressiveQuant @Potstirrer111 💯
If your dream isn't the same as the boomer home dream then you deserve to be taxed to oblivion because you don't fit in..

[Dan @Dan_Trend]

@Potstirrer111 Nothing about what I said had to do with property, you're just assuming. There's more opportunities for young people than just property..

If they'd only increased tax on property (neg gearing or CGT), then their position would be more defensible.

[Dan @Dan_Trend]

@ChrisBarratt12 @Potstirrer111 💯
If it wasn't bad and unwanted policy, then why did they have to sneak it through in between elections wrapped in lies.

Labor supporters are letting their politics cloud their judgement of policy.

[Dan @Dan_Trend]

@Tarzan_Stan_ @tleilax___ We survive 😀 position sizing is everything

[Dan @Dan_Trend]

@tleilax___ Look like I am long and it is Oct, smallish position though.

[Dan @Dan_Trend]

@real_brad_smith Cool, implementation is key and all those things add up. Looks like all the work is paying off 👍

[Dan @Dan_Trend]

@jas_owens @EthereanVibin Well Tom just says that the stock market's going to go up, which is naturally going to be right 99% of the time. Being bullish is easy-mode..

[Dan @Dan_Trend]

@strongmoneyaus Yep, definitely some strong opinions from this budget!