Michie

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Michie

Michie

@micmic_bo

Actuary. Love films, travelling, food & drinks, coffee, belly dancing, skiing, dogs, economic topics and crypto ❤

London, England Katılım Nisan 2010
624 Takip Edilen59 Takipçiler
Michie
Michie@micmic_bo·
@jk_rowling Thanks for being brave and speaking your mind 🙌 common sense prevails 🙌
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J.K. Rowling
J.K. Rowling@jk_rowling·
'Sturgeon’s opponents are wholly entitled to scream “We told you so”. Because they did and then they were treated as though they must be bigots. And so, here we are. What a disgrace it all is.' ✍️@alexmassie thetimes.co.uk/article/trans-…
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r@UnfairMarket·
Please Retweet if this page has in any way transformed your understanding of the Stock Market. If this page has directed you to foundational resources and an explicit understanding of public securities and wealth transfer operations. If this page has helped you trade. Let’s see.
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Michie
Michie@micmic_bo·
thanks for recommendation! I'm guilty, ordered dishoom on deliveroo last night 😆
Conrad@ConradOliveira

@andresupehig @liambarker As someone of Indian heritage I can recommend the following 1) Gymkhana 2) Kricket 3) Cinnamon Club / Kitchen 4) Kutir 5) Kahani 7) Gunpowder 8) Bibi 9) Tayyabs 19) And last but not least a lovely place called Charista in Shoreditch

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Michie
Michie@micmic_bo·
@kerberos007 a v shape if only humans live 1000 years like elves 😅
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Kerberos007
Kerberos007@kerberos007·
when you have a good to excellent breadth day don't STFR for scalp/day-trading looking for consolidation & minor retracement during 11AM to 2PM then BTFD after 2PM if there's a minor retrace 1) Guardians might show up 2) big traders come back from lunch pushing SPX back up🧐
Kerberos007@kerberos007

today's breadth: out of 503 S&P-500 stocks & 11 sectors 1) all 10 major sectors are up 2) only XLE is down <0.2% consolidating 3) only < 60 stocks are down 4) another good breadth day across the board 5) broader market breadth =81% from less than 10% on that 3500 hot CPI day

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Michie
Michie@micmic_bo·
@kerberos007 love these rule of thumb type education!
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Kerberos007
Kerberos007@kerberos007·
quick & dirt way of determining fib from the heart without charting or computer/calculator: 1) get the range of the recent-low to recent-high 2) then use rule of 8 divided the range by 8 3) 2/8= 25% 3) 3/8 = 37.5% ~= 38% fib 4) 4/8 = 50% 5) 5/8 = 62.5% ~= 62% fib confused?
Kerberos007@kerberos007

beware: some charting services got the fib wrong they reversed the 38% and 62% fib 38% is always the minor retracment then 50% = avg retracement then 62% = deep retracement below I did it before the close so it was off by a few points. no big deal

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Trader Brian Jones
Trader Brian Jones@MasterBJones·
Not sure how anyone can criticize this page. All the trading Knowledge I give out for 100% FREE? I just don't get it?
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Michie
Michie@micmic_bo·
@MasterBJones will come back to it when work quiets down in a week or 2 👍
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Michie
Michie@micmic_bo·
@MasterBJones sadly have had a busy week at my day job so haven't been able to follow the system that closely. keep missing the crosses whlist in and out of meetings
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Trader Brian Jones
Trader Brian Jones@MasterBJones·
What I want to know tonight is how many people had a good week in the market?
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Kerberos007
Kerberos007@kerberos007·
@sendtoworth two standard deviations below the mean is μ-2σ two standard deviations below the mean is μ-3σ
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Kerberos007
Kerberos007@kerberos007·
good morning rise & shine quiz:🤣 a) if $VIX = 32 & you want to buy 1 month out Put options? what is monthly implied move for $SPX from the options pricing model @ 1 sigma? b) how about weekly implied move @ 1 sigma?
Kerberos007@kerberos007

when $VIX =80 during the Pandemic implying $SPX would be trading +-80% in a year implied daily $SPX move = annualized move / sqrt(252) = 80% / 16 = +- 5% = or within +-5% daily move with 68% prob we had many -5% daily moves, including limit-down nights during Feb/Mar Pandemic🧐

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Kerberos007
Kerberos007@kerberos007·
final quiz on this implied 1 sigma move (68% probability) I hope everyone can get this one right by heart. if $VIX = 32 today and you want to long $SPX Put 3-months out. what is the Quarterly implied 1 sigma move for $SPX ? I hope everyone can get this one right by heart.
Kerberos007@kerberos007

PhD calculus: 🤣🤣🤣 daily move = 32 / sqrt(trading days in a year) = 32 / sqrt (252) weekly move = 32/sqrt(trading weeks in a year) = 32 / sqrt (52) monthly move = 32/sqrt(trading months in a year) = 32 / sqrt (12)

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Kerberos007
Kerberos007@kerberos007·
PhD calculus: 🤣🤣🤣 daily move = 32 / sqrt(trading days in a year) = 32 / sqrt (252) weekly move = 32/sqrt(trading weeks in a year) = 32 / sqrt (52) monthly move = 32/sqrt(trading months in a year) = 32 / sqrt (12)
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