ubiquitousedge

@Bitcoin_Teddy Don't worry just panic sell now and buy it next time it is at all time highs

@Rayner_Teo If you're a retail full time trader with your own captial which isnt mid 7 figs+++ 20% sucks

Aiming for 100% a year is financial suicide. You’ll blow up your account, get demoralised, and give up on trading. Instead, aim for 20% compounded over decades. It’s slow. It’s boring. And that’s why it works.

@CriticalTrading @EternaLEnVy1991 Dont blow up or spz rage add to the moon

@EternaLEnVy1991 What the fuck is risk management?

How to not make it in trading: Blame psychology and risk management instead of lack of skill/logic and understanding

@KillaXBT Agree, think a touch higher first tho

Mark my words. $BTC will 100% fill the 67K CME Gap.

@corneliuxfs Move your entry to your stop, you’re welcome

I don't think I can ever be good at this trading of a thing 😩💔 Wetin dey really sup

I don't think people understand there is a very real possibility Crude retraces this whole move lol

@OddStockTrader Takes a lot of time, a lot of grinding - do so at your own peril but if you do... it's good content🤠

Thinking about running this $500 Tourney win into $1,000,000 via MTT's Up $45,000 on the year via 6 Poker Tournaments and 2 cashes. Shall I try?

@chamath this was obviously written by AI lol, 'it's not this... it's that' strikes again

Manufacturing has SOPs, manuals, and systems. Knowledge work has… "Ask Steve, he knows how it works." That's not a process. That's a single point of failure wearing a lanyard. One of Software Factory’s key selling points is its ability to absorb tribal knowledge and give companies tools to manage its evolving knowledge and make it available to all of its employees.

@TradetheMatrix1 I prefer blackberries...

I am more of oranges guy if picking fruit. Also more of dont ever dip buy on Cramers recommedation guy.

@alexander03h @WOLF_TradingX But not if you were a more competent surgeon..

@ubiquitousedge @WOLF_TradingX They were gonna die anyway…

He literally explained why trading is the hardest job in the world

@hell_line0 It’s probably the fent lets be honest

The homeless man outside my University had a PhD in literature. I only found out because I dropped my book walking past him one day. He picked it up, looked at the cover, and said, "Ah, Virginia Woolf. Have you read her essays on consciousness?" One medical bankruptcy and a series of cascading disasters later, he's been on that corner for three years. "The difference between us," he said, "is about six months of bad luck." I think about that every time I complain about my problems.

@MagicFuckinBean @Bitcoin_Teddy Not sure if the bet is worth it for you. My ballsack is just normal, your beans are magical apparently

@ubiquitousedge @Bitcoin_Teddy I can bet you my ball sack there will be no next time

My parents are still mad at me for telling them to buy Bitcoin at $126,000

@FangYi11101 @investingidiocy Uncorrelated returns not assets*

I understand the tradeoff between lower vol strategies with smoother pnl curves/low correlation to broader market, however post industry standard 20 and 2 fees, a lot of funds can return even less that treasuries. Not every fund can be Golden Medallion and a lot of aggressive funds end up as memes (Melvin or LTCM) so I’m not advocating for gladiator alpha generation. However I push back a little on the SPY benchmark being irrelevant, as I think it is a good metric to measure potential opportunity cost. Clients should not be paying too large a premium for uncorrelated assets (much smaller returns relative to the index). Barra style factors are great for internal reviews however the competency of the client will likely be tested, not clear how many investors care/understand vol/momentum/leverage ect. From the clients point of view some standardised measure must exist and this is likely why index returns are spouted often(simple).

OP doesn't really understand how 85% of hedge funds work.

@FangYi11101 @investingidiocy Technically anything can be a benchmark, generally people talk about SPY. Comparing them to a pool of competitors with similar risk appetite is better ?

@ubiquitousedge @investingidiocy S&P is not the benchmark

@tcoste110 @investingidiocy You are right their goal is to line their own pockets pockets with fat management fees before closing up shop - if the goal is better risk adjusted returns just buy treasuries. Also I think you are taking my tongue in cheek comment too seriously😂

@ubiquitousedge @investingidiocy If you can't get hold of the correct question, then you will never ever get the correct answer. You are behaving as if the goal of a hedge fund is to beat the S&P, like retail, only bigger. This is an error.

@tcoste110 @investingidiocy I’m not complaning I’m stating a fact, even if you invest for diversification or capital preservation during bear markets the vast majority don’t outperform the benchmark ergo have no alpha as you agree with given the above statistics

@ubiquitousedge @investingidiocy Nothing says "I don't understand hedge funds" as clearly as complaining that they don't beat the S&P. The top 20% of hedge funds make 80% of the (roughly) 420 Billion in profit every year. The bottom 40% lose money every year, with a bit more than half of that going OOB.

@ToolySOL either microplastics or lead poisoning

Why do people do this?

@ToolySOL And even if you make it she gonna take half by 40