@TiffanyFong I miss the pre-Covid SF where at noon, thousands of people would flood out of the office buildings just like lunch recess in high school. I used to love walking around Union Square and get my people watching fix.
@DavidAFrench@sspencer_smb We need another billionaire who can talk and write like Warren Buffett. When any of this new crop of Theil, Musk, and Andreessen types open their mouths it makes me think of this meme.
@MarkRitchie_II This is such great wisdom. Forget about “predicting” and wanting to be “right”. Focus instead on just executing your plan based on what the markets are actually doing. This is how you became a profitable trader.
@IonicDigital Well I guess this explains the radio silence over the last several months. I may be going out on a limb here, but CFOs, CEOs, board members, and auditors scrambling to get out the door before the lights go out is probably not progress, right?
@quantitativo1 I’m enjoying reading your posts, thanks for being so generous in putting them out there. If I might ask, what backtesting engine are you using?
@PKycek Backtested mean reversion strategies almost always show that stop losses hurt performance, so position sizing, strategy diversification and security selection (e.g. using options) are helpful in controlling risk.
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