Manav Sharma

From the Pits to the Pods

Party animal I was, but now I chill at home. All I do is trade, read, lift, eat, shit and bone

[Manav Sharma @TheRealManav007]

Interesting - Global M2 impulse vs Gold returns (2009-)
Debunking the Debasement?

[Manav Sharma @TheRealManav007]

@ericwallerstein Edit- "as the poorly thought out, self inflicted gunshot wound aka Bibi's Iran war drags on.."

[Manav Sharma @TheRealManav007]

@AahanPrometheus @nickgiva1 They are the worst again, was just a pause that refreshes

[Manav Sharma @TheRealManav007]

@CerlogicFounder Disagree with the whole stops discussion. For trend you want to maximize the chance of catching taila. Else you are scalping or doing MR. She is very short term 5 min bars lol

[Manav Sharma @TheRealManav007]

@dampedspring Oil moving?

[Manav Sharma @TheRealManav007]

@LeopoldHeinrich Yes based on some vol lookback. But the width is the issue for different distributions (higher kurtosis vs low)

[Manav Sharma @TheRealManav007]

@Dan_Trend @LeopoldHeinrich Do you run the same vol based stop (eg X ATR) on all tickers or diff per ticket or asset class? Seems like something like this needs a wider stop rhan say bonds

[Manav Sharma @TheRealManav007]

@CerlogicFounder I like a ratio of PEG/5yr earnings growth. Probably similar results. I agree in principal to buy the cheap ones but obv there are political risks and the risk that not enough money goes in. Got to hold a long time for the equity risk premium to translate into returns

[Manav Sharma @TheRealManav007]

@AgustinLebron3 We've come a long way - in the wrong direction

[Manav Sharma @TheRealManav007]

@Acyn House yes but not Senate

[Manav Sharma @TheRealManav007]

@DannyDayan5 @AnnaEconomist Curious what a backtest of it's accuracy would show over the history. Actual vs expectations @DannyDayan5 side project

[Manav Sharma @TheRealManav007]

@Dan_Trend correlations quite weak/unusual outside the usual eqty-bonds risk off dynamic in last 45 days or so. CL still +10%, grains down big, but cattle no rally. dollar unch, yet metals down big (even with lower rates). I have hope from my nascent NG long to rescue some of the DD!

[Manav Sharma @TheRealManav007]

@AnnaEconomist Sensible response

[Manav Sharma @TheRealManav007]

@CerlogicFounder I agree, longs are slightly easier to trade (money chases assets) as mostly we are in a growth regime people wants return on savings. But shorts do have a place eg bonds this year and 2022. Even metals very tradeable short trend this year.

[Manav Sharma @TheRealManav007]

@Dan_Trend @Quant_Kurtis Same. Single name MR in 20pct of trend allocation. And futures trading the reversal within an established trend.

[Manav Sharma @TheRealManav007]

@Dan_Trend @Quant_Kurtis Do you do any mean reversion? Agree any stop schema doesn't translate from trend to MR except a reversion to some time series MA (that the signal is based off). Kind of a time and price stop blend

[Manav Sharma @TheRealManav007]

@CGasparino It's sum of cumulative ineptitude on display by this administration of MORONS. THANK YOU FOR YOUR ATTENTION TO THIS MATTER

[Manav Sharma @TheRealManav007]

@EffMktHype I think Oct was worse

[Manav Sharma @TheRealManav007]

@CerlogicFounder @CanarinhoFNC Fed if anything is more independent than before. Foreigners could buy the dip in US stocks. Dxy actually did didddly squat (except aud nzd). Just counter points. Let's see

[Manav Sharma @TheRealManav007]

@CGasparino So basically the entire MAGA play book! Starting from the leader and his world views on which all decisions were made.

[Manav Sharma @TheRealManav007]

@fejau_inc This feels like an equity pod massacre maybe retail too. Rather than long only puking