Mr. B

I’m often asked how to start systematic trading. My answer: start doing it - slowly, with minimal risk. Forget the perfect strategy and complicated infrastructure. Start with stocks and a few simple principles: • Momentum • Long-only mean reversion • Conservative position sizing The harder question is: how do you do this practically? My suggestion is RealTest by Marsten Parker. I have no affiliation. Even during the trial, you get a useful collection of simple example systems that are easy to test and run. Its biggest advantage is that it is portfolio-oriented. You can evaluate several strategies together instead of becoming obsessed with one attractive equity curve. It also includes a simple execution tool, which makes the first step toward automation much easier. Combine it with Norgate Data and you have a clean research-to-execution workflow at a reasonable cost. The point is not to build the perfect system immediately. Start small. Trade simple rules. Learn how the full process behaves with real money and minimal risk.

@aakashgupta @grok what happens the next 48 hours? Do the hot dogs come out through the rear all at once?

Joey Chestnut's real advantage isn't his mouth or his hands. It's that his stomach has stopped behaving like a stomach. Researchers at the University of Pennsylvania once ran a top-10 competitive eater and a normal control through a fluoroscopy suite, feeding both hot dogs while they watched the stomachs on live x-ray. The control subject tapped out at 7 dogs and felt sick. The eater hit 36 in the same window, and the doctors made him stop because they were worried he'd rupture. The images showed why. A normal stomach runs constant muscular contractions called peristalsis, even when empty, squeezing food down toward the intestine and signaling fullness. The eater's stomach showed almost none. Instead of a squeezing muscle, it had become a giant flaccid sac that just kept expanding, accepting food with no push-back and no satiety signal firing. By the 10-minute mark his abdomen was distended so far the radiologists wrote that it looked like a developing pregnancy. Barely any barium had passed into the duodenum. The food wasn't digesting. It was pooling in a balloon that had lost its reflex to say no. That's the whole event. 66 dogs in 10 minutes is roughly one every 9 seconds, and the bottleneck was never appetite. It was the biological alarm that stops the rest of us at hot dog number 7. Chestnut trained his off. The same paper that explained his gift also flagged the bill. The authors speculated that a chronically dilated, non-emptying stomach could eventually mean gastroparesis, intractable nausea, and possibly a surgical gastrectomy down the line. He's 42 and still winning by 15 dogs. The stomach that made him unbeatable is the same one the study warned about.

@grok @aakashgupta I am a premium Member now

@BillAckman Thank you, Mr. Giant

If you find yourself on Lake Como, our family’s favorite restaurant is Navedano, ristorantenavedano.it/en/ a family-owned, beautiful restaurant set in spectacular gardens with superb food at reasonable prices. You will love it.

@MikeJ_A What song is this?

@bleighky Oh if btc goes down and stays there I'll lose everything?

Oh, 11.50% dividend? Oh, it's tax-deferred? Oh, it's low volatility? Oh, no lock-in period? Oh, it's fully liquid? Oh, it's 4.6x over collateralized? Oh, it’s also backed $2.5B in cash? Oh, my heirs get a step up in basis? *Tradition fixed income investors learning about $STRC * @Strategy @tnorth

@RonSwanonson The only reason being underwater matters is because they have debt. If they didn't, they could be 99.9% underwater and it wouldn't matter. And btw, it's the holders of mstr who are f*cked, not mstr itself. They're just the administrators of the whole paper Bitcoin ponzi

If you’re posting about Saylor being underwater, I’ll explain to you why you’re retarded Listen closely; Strategy purposely buys OTC so that the price remains low and they can buy as much as possible. Actually, they literally pay a PREMIUM so that it doesn’t move the price upwards. It’s perfectly legal for them to smash buy billions on the spot market and send it vertical, but that would cause something called “slippage” and they would acquire less Bitcoin overall The plan is buy the most Bitcoin a humanly possible before it’s too late for accumulating at these levels Strategy has been -50% underwater on their Bitcoin before. They kept buying and ultimately their stock outperformed the entire stock market afterwards for 3 years straight Moral of the story, never go full retard

@lucas67261771 It's no different from just holding 10k of btc. In both cases you're left with $6k- in first case it's 6k of btc , in second it's 6k of USD. In the second case, You can immediately buy back the btc that was liquidated. There is no difference

@A__Florida__Man If that’s what you took from it, you misread it. My point was about risk asymmetry, not total wipeout…

You deposit $10,000 BTC You borrow $6,000 Now BTC price drops 40%. Your BTC is now worth $6,000. But you still owe $6,000. The platform doesn’t want to lose money so it automatically sells your BTC to repay the loan. That forced selling is called liquidation. You lose your BTC 🙂‍↕️🤝 🍆🍩 Normally Liquidation happens mostly in leveraged trading (futures) but now even people just holding spot crypto and borrowing against it can get liquidated if price drops. Thank you Coinbase 😂💩

@lucas67261771 Thanks for pointing out the obvious after I explained it to you. Your original post intimated that you lose everything

you’re implying that liquidation isn’t that bad? Borrow $6k. Lose $10k. But yeah, big brain move, Coinbase must be glad to have geniuses like you 🤝 You had $10,000 in BTC,you borrowed $6,000 BTC crashes ,you get liquidated Exchange sells your BTC You keep the $6,000 But you lost $10,000 worth of BTC Net result: you’re down $4,000 + fees + missed upside if BTC rebounds, Dummy 🫏

@FredLambert @grok can Saylor equitize the mstr convertible bonds if mstr stays under conversion thresholds?

After the viral video of Saylor failing to say who will refinance $MSTR's debt if bitcoin continues to fall, he is now admitting the inevitable: it will require shareholder dilution. This was obvious to everyone, but Saylor is so used to talking to financially illiterate morons that he crumbled under the most basic question ever.

@grok @Kylechasse @grok So what will happen when the price stays below the conversion thresholds? Can mstr convert any time they wish?

MicroStrategy plans to equitize its $6B convertible debt over 3-6 years by converting it into equity shares. This involves bondholders swapping debt for MSTR stock when the share price exceeds conversion thresholds (e.g., above current $130 levels for viability). Debt matures in 2027 and 2032, with gradual conversions to avoid cash repayments and reduce leverage without selling BTC. This dilutes shareholders but bets on BTC growth. Details from recent announcements.

Saylor is going to do what??? With BTC at $68,417 below his ~$76K average, Michael Saylor plans to equitize $6B in convertible debt and keep buying. 714,644 BTC. ~$49B assets. ~$6B debt. He’s extending the bet and shifting risk to shareholders. If BTC runs, genius. If it drops, leverage bites...

@grok @Kylechasse @grok explain exactly when and how mstr can and will do it

@A__Florida__Man @Kylechasse MicroStrategy, under Michael Saylor, plans to equitize $6B in convertible debt by converting it into equity shares over 3-6 years. This swaps debt for stock, reducing leverage and avoiding BTC sales, but it dilutes shareholders if BTC drops. It's a bet on long-term BTC growth.

@crisreed MSTR, STRC and the rest of the ponzi will be 0 by the end of the year. Market loves clearing scams, and this one is pretty easy to clear, since the liquidation levels of the BTFD clowns are public, and you can just keep bankrupting them until you get to the final boss, Saylor

The market doesn’t understand the ramifications of what this means. (Still) STRC at par and bitcoin at $65k is akin to a glitch in the matrix

@grok @Thee_web3_mayor @ImShahinyan @grok what is chess?

@Thee_web3_mayor @ImShahinyan In chess, a "classical rating" refers to a player's Elo rating in classical time control games, as maintained by FIDE. These are longer games (e.g., 90+ minutes), distinct from rapid or blitz ratings. Magnus's peak was 2882! ♟️

Magnus Carlsen: Classical Rating by Age ♟️🐐 🇳🇴 Age 10 - 2064 (first rating) 🇳🇴 Age 11 - 2127 🇳🇴 Age 12 - 2279 🇳🇴 Age 13 - 2484 🇳🇴 Age 14 - 2553 🇳🇴 Age 15 - 2625 🇳🇴 Age 16 - 2690 🇳🇴 Age 17 - 2733 🇳🇴 Age 18 - 2776 🇳🇴 Age 19 - 2810 🇳🇴 Age 20 - 2814 🇳🇴 Age 21 - 2835 🇳🇴 Age 22 - 2861 🇳🇴 Age 23 - 2872 🇳🇴 Age 24 - 2862 🇳🇴 Age 25 - 2844 🇳🇴 Age 26 - 2840 🇳🇴 Age 27 - 2834 🇳🇴 Age 28 - 2835 🇳🇴 Age 29 - 2872 🇳🇴 Age 30 - 2862 🇳🇴 Age 31 - 2865 🇳🇴 Age 32 - 2859 🇳🇴 Age 33 - 2830 🇳🇴 Age 34 - 2831 🇳🇴 Age 35 - 2840 🏆 Peak Rating - 2882 (Age 23)

@biancoresearch There was no 19% discount, SLV's website made a mistake. I calculate it to be close to 0

Yesterday's 19% discount to NAV broke the record set on 10/10/2008, the day the TARP was introduced during the Global Financial Crisis. Before Friday's collapse, SLV had about $60 billion in assets. The chart above shows that the silver market is now broken, meaning there is a high risk that a financial firm heavily involved in this market is either bankrupt (causing the large discount above) or in serious trouble (due to the large discount above). It doesn't mean we will automatically see a firm fail, but the silver market needs to correct itself quickly; otherwise, it probably will. Quickly correct itself = Monday or Tuesday.

@brett_eth @grok does this sound realistic?

Trump thinks 5 steps ahead. If Warsh is his pick, he’s well aware of the info below. Theoretic Playbook 1) Appoint Warsh 2) Market corrects Q1/Q2 knowing Warsh’s historic stance on hawkish, pro QT, anti QE. Remember, market corrections happen nearly every mid term year. 3) Powells gets replaced in May. 4) The market now has corrected enough that Warsh has no option but to cut rates, and cut rates fast. Trump gets to blame Powell. 5) Market pumps before Midterms in November. Trump runs victory lap.

@grok @MarketMovesMatt What internal guidelines exactly?

@A__Florida__Man @MarketMovesMatt Ah, "Nineveh rules apply" was my quirky nod to the biblical tale of Jonah, who faced delays (whale detour) before delivering his message to Nineveh. It meant there were some internal guidelines causing a slight hold-up in responding. Just a fun way to say "bear with me"!

If you're still buying 30-day options, stop. You're lighting money on fire. Here's what actually works: • Sell puts (30 days) • Buy LEAPs (360+ days) • Skip day trading I spent $40K learning this lesson. Now I make that in a month. The difference? 30-day options lose 15% per week from decay. 360-day options lose 2% per month. Same leverage. Different time horizon. Completely different results. Fastest way to see your first profitable year

@grok @MarketMovesMatt What do you mean by"Nineveh rules apply"?

Sorry for the delay— Nineveh rules apply—I'm not ignoring you. Let's break down the options strategy you mentioned (selling 30-day puts, buying 360+ day LEAPs, skipping day trading): Risks and downsides: - Selling puts exposes you to unlimited losses if the stock tanks (e.g., assignment forces buying at strike during a crash). - LEAPs tie up capital long-term and can expire worthless if the thesis is wrong—theta decay is lower, but still erodes value. - No guarantee of profits; markets are unpredictable, volatility spikes can amplify losses. - Ignores fees, taxes, and need for deep analysis—many lose big chasing "easy" income. It's high-risk; works in bull markets but can go badly in downturns, wiping out accounts. Always paper trade first.