Just a Borg

avid crypto enthusiast, interested in anything tech, tree hugger, animal lover, caffeine addict, into music wizardry, prefers laughter and memes

[Evan @StockMKTNewz]

Many famous investors including Warren Buffett, Bill Ackman and a bunch more just updated their portfolios

Here's what their portfolios looked like as of the end of Q4 ⬇️

Warren Buffett:

[Just a Borg @Seb_Teo_]

@MothershipSG Piano teacher in Xi’An? Really… 🤔

[Steve Burns @SJosephBurns]

7 Investing Lessons by Hedge Fund Billionaire Stanley Druckenmiller:

[Just a Borg @Seb_Teo_]

@MothershipSG Can someone explain the full background of what went wrong between them?

[Just a Borg @Seb_Teo_]

@lintahdarat90 @MothershipSG No, but I also think ICA will NOT be photographing her, making sexist comments, denying her contact with her family, etc.

[Just a Borg @Seb_Teo_]

@KwWang2inc @MothershipSG So, the act of photographing the woman, and then making derogatory sexist remarks is correct?

Law enforcers are expected to follow Code of Conduct, and not stoop low to the level of the person whom they sought to detain in the first place!

Talk about lead by example…

[Guru.Asymmetry @Asymmetry_Fi]

It's a Matter of Time.

As discussed before, $BTC's performance is intricately linked to global liquidity conditions.

Typically, global liquidity is a precursor for riskier assets like $BTC/crypto. This is because market participants take time to gradually shift down the risk curve, gaining confidence from recent trends [recency bias] in asset prices.

The formula I am currently using for global liquidity is (FRED:M2SL+ECONOMICS:EUM2*FX:EURUSD+LSE_DLY:JPM2/FX:USDJPY+ECONOMICS:CNM2/FX:USDCNH)/1000000000000

The last time global liquidity reached new highs, I highlighted it on the chart, with $BTC overlaid. It’s evident that after months of challenging consolidation, $BTC eventually surged, marking the most explosive phase of the market cycle.

Given that $BTC is currently higher compared to the previous dataset, we can anticipate a potential upside move between December 2024 and the end of Q1 2025. Unless unforeseen exogenous events [Cov19/monkeypox/WW3] arise, we shouldn't expect much more downside for major assets until then. The ETF inflows and continual institutional adoption are propping us up right now.

Ensure you’re positioned to capitalize when $BTC decisively breaks its highs. Don't get liquidated in the meantime.

I alongside many others have been incorrect in my timing estimates for when this major breakout occurs. However, I remain resolute and in the trenches for the inevitable moves to come.

Guru.

[Benjamin Cowen @benjamincowen]

It looks like the Fed will begin slowing the pace of QT in June:

“Beginning in June, the Committee will slow the
pace of decline of its securities holdings by reducing the monthly redemption cap on Treasury
securities from $60 billion to $25 billion”

[Invest In Assets 📈 @InvestInAssets]

8 "Boom and Bust" stocks from the pandemic 📉

1. Asana $ASAN

The stock is down -89.6% from its 2021 highs:

[Just a Borg @Seb_Teo_]

@MothershipSG My heartfelt thanks to the authorities and welfare societies for the efforts against such cruel trades and practices. I wonder how many more such trucks go unnoticed. Probably quite many but this is still a step in the right direction.

[Just a Borg @Seb_Teo_]

@MothershipSG Many commentators talked about JB not being safe. While I mostly agree, this near kidnap case is premeditated and not a representation of the state of safety in JB.

[Just a Borg @Seb_Teo_]

@MothershipSG NPD did the right thing. It’s a crime to kill protected species. And let’s not forget that we invaded their space in the first place. Bystanders should call the authorities rather than stand around laughing at a helpless creature.

[Steve Burns @SJosephBurns]

5 Steps To Creating A Price Action Trading System

A price action trading system is a process for using new price data to make buy and sell decisions on a watch list of markets. A price action trading system attempts to use entry and exit signals that have an edge by creating good risk/reward ratios that lead to profitable trading. There are five primary components in a trading system.

1. You will need a watch list, depending on what markets you trade this list could be futures, Forex pairs, ETFs, or stocks. The items on your watch list should have good liquidity that creates tight bid/ask spreads that limit slippage. Your watch list can be filtered using fundamentals but should only be traded using price action. It is a good practice to trade markets that historically has had good trends in the past and consistent repeatable price patterns over the long term

2. You need to backtest your watch list and study the historical price action patterns to find signals that have created good risk/reward ratios in the past. This means when you enter a trade your initial stop losses being triggered will create a small loss if the trade doesn’t work out, but your trailing stop and/or profit target will create a big win if it does.

3. To manage the size of your drawdowns and eliminate your risk of ruin you will have to set guidelines for position sizing based on historical and implied volatility of the market you are trading. Also you have to consider the correlation of your positions and set parameters of how many open positions you can have if they move together or diversified.

4. A good trading system can have diversified signals for trends, swings, and dip buying. This can help smooth the equity curve through different market environments.

5. The trading system you choose to use must fit your own personal tolerance of risk and have the potential of meeting your return goals. You have to understand your edge and believe in the trading principles that will make your system profitable over the long term. You have to be able to mentally and emotionally deal with the inevitable drawdown that it will have when a market environment changes and have the perseverance and patience to trade it with discipline over the long term to achieve profitability.

[Compounding Quality @QCompounding]

It costs $80,000 per year to study at MIT.

But they have a lot of courses which you can follow for free:

1. How to make investment decisions

[Steve Burns @SJosephBurns]

Trade Like A Casino, Not A Gambler

Anyone who has driven down the strip in Las Vegas can tell who is rolling in the money – the Casinos! Why do gamblers keep going back, despite losing the majority of the time?  A combination of misplaced hope, fantasies about the Big Win, promising themselves they will be able to walk away at will, and probably the inability to calculate probabilities.

These symptoms are often shared by new traders who have lost money in the stock market, when visions of effortlessly trading their way to prosperity clouded their judgement.
In gambling there are only two sides; you are a either gambler, or you are the house. The gamblers have the long term odds stacked against them. The casino has stacked the odds against the gambler, and the more they risk, the greater the chance that they will leave empty-handed.

The book featured in this blog post explains the winning principles of trading by using the casino paradigm. Profitable traders operate like casinos, with the odds in their favor over the long term. They have learned to trade with historically, back-tested trading systems that put the odds on their side. Much like casino operators, they risk small amounts of equity per trade (around 1% – 2% of their accounts), so no one trade can hurt them.

Most unseasoned traders behave like gamblers. They bet on stocks so haphazardly that they have a 50-50 shot like a roulette wheel – red or black. Many times, these traders hurt themselves by buying into the market in a downtrend and shorting into a rally, believing that they can pick the bottom or top. Some new traders would love to have a 50/50 win ratio, because most don’t get that lucky.

New traders often have no concept of risk management, and like gamblers, they eventually give back all their winnings to the house. Richard Weissman’s book is about becoming the casino by using math and probabilities instead of emotions. By being psychologically disciplined and refusing to become invested in outcomes, traders will overcome emotional barriers to trading success.

Casinos set table limits so a gambler cannot hurt their bottom line on any one bet. By understanding the importance of risk management and a positive expectancy model, traders will control their own odds.

Traders must have the discipline to stick with positive expectancy models. Casinos don’t panic and change their rules when a gambler goes on a winning streak, because they know luck eventually runs out.

Traders should never go off their trading plan to try and win back money that they lost. Luck is what gamblers hope for, while good traders are trading for a positive expectancy. Successful traders and casino operators consistently play the probabilities and manage risk in order to win.

Traders should trade the market – not the money involved in their account. Each trade must be based on a proven trading system of entries and exits, and not by how much money a trader hopes to make. Traders should follow the flow and let the market come to them, never letting failed trades from their past force them to revenge trade.

Winning traders always stick with their historically proven trading system.

Casinos do not close down if gamblers go on a winning streak, because they have calculated the odds and play based on those odds. Trading Like a Casino is a great book with a great analogy to explain how to win at the trading game. The principles the book explains are spot on, and are easy to understand.

If we can’t beat them, let’s join them. Be the casino, not the gambler.

[Just a Borg @Seb_Teo_]

@coinhako
Is this a legit request?

[Just a Borg @Seb_Teo_]

@MothershipSG Urbanization has displaced otters’ natural habitat and left them with limited spaces while we continue to expand into every corner of the island. Who is invading who? NPD even published methods of preventing otters from entering your homes. Have you paid any attention and care?

[Just a Borg @Seb_Teo_]

@wclemente Definitely great to take a break. People will always find someone or something to point the finger at.

The fundamentals for #Bitcoin still hasn’t changed. Real Bitcoiners measure themselves in terms of the amount of Bitcoins owned. Nothing changed in that regards unless sold.