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SirLJ
searching PlanetScale…
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220 ms
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2521.
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by
SirLJ
10y ago
Sorry if I came out this way, but this is my honest answer - the data is cheap... being a lazy person, for me everything is a risk/reward... $100 to back test any trading strategy I can imagine up to 20 years back is the best risk 
2522.
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by
SirLJ
10y ago
Please do not do this, it is never OK to loose money, better give the money to charity and sign for a fantasy portfolio and get your news and trills there...
2523.
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by
SirLJ
10y ago
Buying on eBay 20 years of data for $100 is a very good risk / reward for me, no offense, but data is cheap, $100 is one dinner out for me... even if the data was crap it is much better than to spend few thousands dollars for data from
2524.
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by
SirLJ
10y ago
As in anything in life you need to have a strategy, even if you invest only in SPY ETF you still have to have a plan when to buy and when to sell. One interesting idea to start is to look into different trend following strategies. Get the d
2525.
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by
SirLJ
10y ago
I got it from this seller and at the time it was $99. http://www.ebay.com/usr/artinvest389 I did test random samples from the data against other data providers and I am using it every day an yet to find errors or mista
2526.
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by
SirLJ
10y ago
Here are my 2cents: Robinhood is irrelevant and border line dangerous. Irrelevant, because for someone who knows what they are doing in the stock market paying $10 or $0 per trade is not going to save them any money. Dangerous, because it p
2527.
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by
SirLJ
10y ago
I just don't get it, if you go the passive investing route to be at par with the market and to save on commissions from "traditional" investments and advisors, why give it back to the so called "robo" advisors and a
2528.
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Warren Buffett's advice 'doesn't work anymore,' robo-advisor CEO says
(cnbc.com)
3 points
by
SirLJ
10y ago
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1 comments
2529.
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by
SirLJ
10y ago
Technical analysis is a bit of a voodoo for me as well, but quantitative analysis works indeed, you just need to spend the time and work on it (as with any other skill in life)
2530.
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by
SirLJ
10y ago
I do not believe in leverage, but skilled poker is indeed not gambling, if you have risk management in place
2531.
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by
SirLJ
10y ago
the problem with the margin is that it will skive your risk management especially if you have 4x (and more) buying power like in FX world...
2532.
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by
SirLJ
10y ago
gambling is when you do not know what you are doing and only hoping you'll win the jackpot... speculating and investing are synonyms IMHO
2533.
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by
SirLJ
10y ago
The name of the game is proper risk management and a lot of work to find and setup a winning strategy that will work for you...
2534.
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by
SirLJ
10y ago
The problem with the big funds are that they remaking money from their fees... e.g they do not have incentive to look for alpha... best strategy for them is preserve capital and live off the 2% fees
2535.
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by
SirLJ
10y ago
Absolutely, that's why the managers of the funds that are making money will never publish a book or paper on their strategies... The best are even returning all the client capital back and trading their own money only...
2536.
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by
SirLJ
10y ago
I think you should look into the trend following concept, I do believe trends can be predicted and with proper risk management money can be made...
2537.
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by
SirLJ
10y ago
This is the one I got: http://www.ebay.com/itm/20-years-stock-market-exchange-histo... Good luck and don’t forget to post the results :-)
2538.
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by
SirLJ
10y ago
Why don’t you test it yourself? Theses days you can find quant historical data on ebay for less than $100 bucks... You can backtest passive investing with ETFs, trend following, momentum, tech stocks, value investing, technical analysis...