Maxi Vicentini

Stock Market | Finance and Economy | Córdoba ❤
2027

[El pipo @Pipo_Bpo]

Esta lleno de timberos el mercado. De hecho, creo que estamos conviviendo con la sociedad mas ludopata de la historia, con los celulares como terminal de apuestas 24/7. Ya apuestan hasta si va a llover el finde en BsAs.
Es gravisimo. Nosotros desde este lado siempre procuramos no utilizar palanca, para nada. Si haces bien las cosas, la comitente crece igual a largo plazo, mas lento pero con la almohada en silencio.

Si vas a usar deuda, como requisito mínimo haber sobrevivido a 2 o 3 correcciones profundas del mercado.

Si sos novato, lo mas probable es que pierdas todo y te alejes para siempre de este mundo.

[Cassandra Unchained @michaeljburry]

Patience is the single most difficult skill to master for investing well. Too, the most impactful.
Position sizing trails patience. The more patience, the largera a position can be.
One must not mistake patience for foolhardiness.
A hardy fool is just a hardy fool.

[INDIGNADO @indignadoxd]

Buen día, hermosa mañana, ¿verdad?

[Maxi Vicentini @VicentiniMaxi]

@ExitLiqCapital Te acordas ?

19/05/2021

[Cap. Ace McCloud @allinargy]

Dios bendiga a la Argentina, Dios bendiga a los Estados Unidos de América.

[XO @Trader_XO]

The effects of position sizing from a psychological perspective….

Emotions are low when you’re not risking much relative to acc size, are you really pushing yourself ?

[Cred @CryptoCred]

Every System Sucks

Social media trading glorifies perfect win rate systems with 0 drawdown entries that go straight to target.

Gurus don't talk about their losing trades or losing streaks to maintain the fantasy that you can consistently risk and win without losing.

This brainwashes their less experienced followers into believing they're doing something 'wrong' if they lose a trade (or multiple trades) and sends them on a goose chase for a mythical trading system that never loses money.

It doesn't exist.

If you trade, you're going to lose money at some point.

Every edge or profitable trading system either decays over time or gets washed out completely by a change in the market regime.

Trends end and have false starts. Trend followers get chopped.

Breakouts fail. Momentum traders get trapped.

Means stop reverting. Mean reverters get steamrolled.

That doesn't mean the system is inherently flawed.

It's just the cost of doing business.

The point of risk management is to allow you to absorb those unavoidable losses and stay in the game.

That's why it's called risk management, not risk avoidance.

If you want to avoid losing trades, there's an easy way to do it: don't trade.

Otherwise, you need to be comfortable with the fact that even the best trading system will eventually serve you losing trades.

This is precisely why traders obsess over position sizing: the goal is to maximise your edge while it's there/the regime is supportive, without losing your shirt once it decays or disappears entirely.

Crucially, if your previously profitable trading system starts losing, that can be an early warning signal that the underlying regime is changing.

Losing streak on a trend following system that was printing? The market may be consolidating.

Breakout trades turn into traps? The market may be running out of steam.

Mean reversion trades overshooting their expected ranges? Volatility expansion may be underway.

These are critical insights, but you can only meaningfully gain access to them if you're willing to stick to your system, learn its nuances, gather data, and take risk instead of panicking and abandoning ship after the first losing trade.

To summarise:

1. Losses are inevitable. Every trading system experiences losing trades. They are the cost of doing business, not proof of a flawed system.

2. Risk management is not risk avoidance. The goal is to size such that losses don’t knock you out, not to eliminate losses entirely.

3. Edges decay. Market regimes shift, so a once profitable strategy may stop working and losses can be an early signal of change.

4. Stay disciplined & collect data. By sticking to your system through different regimes and by stomaching variance, you can learn its behaviour and spot regime shifts early.

5. There's no free lunch.

[Nacho J @Jotatrader_ok]

Dólar 1200
“Somos el país más caro del mundo, atraso cambiario, así no se puede”
Dolár 1350 (12% arrriba)
“Que alguien haga algo, así no se puede”

Argentina, un país!

[Belisario @belisarioAT]

Momento de zozobra y estan todos muy cagados pero les quiero traer una buena noticia. El Balance del BCRA no para de mejorar. La inflación se va a morir

[Maxi Vicentini @VicentiniMaxi]

@Ignacio71416512 Pregunta de ignorante, por qué hasta noviembre ? Hay algo que me estoy perdiendo ?

[Ray Dalio @RayDalio]

It is unacceptable to use your personal influence to help someone get a job because doing so undermines the meritocracy. It's not good for the job seeker, because it conveys they did not really earn it; it is not good for the person doing the hiring, because it undermines their authority; and it is not good for you because it demonstrates you will compromise merit for friends. It is an insidious form of corruption and it must not be tolerated. #principleoftheday

[Maxi Vicentini @VicentiniMaxi]

@Silvina121 No hay un par ? Yo quería ir a escanearme el iris

[Maxi Vicentini @VicentiniMaxi]

Buffett diría:

“Es mucho mejor comprar una compañía maravillosa a un precio razonable que una compañía razonable a un precio maravilloso.”

[Brujo de los mercados @brujodegalileo]

Después de un domingo gris en el A.V. Liberti, va una opinión financiera para la dirigencia riverplatense: no confundamos bienes de cambio con bienes de uso.
Nuestro mercado de pases está enfocado en el valor de reventa. Pero los clubes generan ingresos no sólo vendiendo jugadores, sino también ganando títulos, sobre todo internacionales.
Quizás necesitemos buscar menos bienes de cambio y más bienes de uso: jugadores probados, maduros, que no vamos a poder vender, pero que si nos ayudan a ganar títulos van a pagar con creces su costo. Nos pasó con Pratto, y hace años les viene pasando a los clubes brasileños, que ganaron con la repatriación de jugadores consagrados en Europa, mientras generaron bienes de cambio internamente (juveniles).
Para ganar la Copa, tal vez necesitemos algún bien de uso más. Ya estamos bien con los bienes de cambio.

[ae^((-(x-b)^2)/(2c^2)) @JohnGalt_is_www]

Algo q parece obvio pero suele pasar inadvertido:

La "r" que es la tasa de rendimiento está multiplicando al capital inicial "C"

La "t" que es el tiempo está como exponente (es lo que hace exponencial el interés compuesto)

O sea, es mas negocio aumentar "t" que aumentar "r"

[El Estoico | Filosofía @ElArteDeVivir__]

La responsabilidad te dará dirección.

Cuida tu mente.
Cuida tu dinero.
Cuida tu cuerpo.

Ignora todo eso que los otros dicen que es importante pero no lo es para ti.

La buena vida está reservada para aquellos con niveles altos de responsabilidad personal.

[El Estoico | Filosofía @ElArteDeVivir__]

Libros difíciles, entrenamientos difíciles, decisiones difíciles, competencia dura, conversaciones difíciles, problemas difíciles: así es como se consigue una vida fácil.