Thread: userque's Account talk

Hey Stoplight!

I'll add you to my contacts later so you can PM me in the future if need be.

You're right, the link is to a Political Discussion. In this discussion, I was met with so many instances (by a couple of folks) where I was essentially, repeatedly grossly misquoted.

I actually, responded and demonstrated to the thread their lack of comprehension via detailed, line by line, point by point, granular rebuttal, but I don't want to make dumbing down simple statements a habit. So I added the signature so I don't have to repeat why I may not respond to a sufficiently odd ball question/comment.

Que,

I hear ya !!! Thanks for the "open forum" post, just in case others were wondering, too...

All kinds of Folks, here on the Board !!! That's what makes me log in most every day !!!


Stoplight...

BLOG: The Financial Hacker - A new view on algorithmic trading
by Johann Christian Lotter

The Financial Hacker – A new view on algorithmic trading

Benefits Abound For Active Traders Who Incorporate
Benefits Abound For Active Traders Who Incorporate | Investopedia

How This Hedge Fund Robot Outsmarted Its Human Master
How This Hedge Fund Robot Outsmarted Its Human Master - Bloomberg

Originally Posted by userque

How This Hedge Fund Robot Outsmarted Its Human Master
How This Hedge Fund Robot Outsmarted Its Human Master - Bloomberg

It will be interesting to see if these computer-driven funds make market panics worse. On a related subject Consumer Reports has a good article this month on "robo-advisors". Many people are getting fed-up with poor returns and high fees of personal advisors and are turning to computer-run investing based on algorithms. The computers invest your money based on how much you have to invest, your age, goals, risk tolerance, etc., then put you into a mix of bond vs. stocks, small-caps vs. large caps, etc....similar to the TSPs life-cycle funds I suppose. The funds currently hold about $50 billion and that's expected to explode to $5 trillion in 10 years.

Originally Posted by Tsunami

It will be interesting to see if these computer-driven funds make market panics worse. On a related subject Consumer Reports has a good article this month on "robo-advisors". Many people are getting fed-up with poor returns and high fees of personal advisors and are turning to computer-run investing based on algorithms. The computers invest your money based on how much you have to invest, your age, goals, risk tolerance, etc., then put you into a mix of bond vs. stocks, small-caps vs. large caps, etc....similar to the TSPs life-cycle funds I suppose. The funds currently hold about $50 billion and that's expected to explode to $5 trillion in 10 years.

Interesting...I agree.

It's probably hard to say. I think it will depend upon the capability of the individual algos. In the article I posted, I think the human wanted to bail; but the algo didn't. It's all the 'bailing' that makes panics worse, imo. Like humans...some algos will panic sell, and make the situation worse; and some will try to hold.

I can see that (re: the Consumer Reports Article). I also suspect many will/have also turned to sites like Collective2.com

Lol, I tried dabbling with Nugt. My first experience was great, I made $200 plus. I got bolder yesterday and bought 70 shares @ $143.20, thinking I could get in and out at $144. OMG, the price dropped so fast - I was already out -$1400 by the time I decided to cut my losses this morning.

Originally Posted by Maricar19

Lol, I tried dabbling with Nugt. My first experience was great, I made $200 plus. I got bolder yesterday and bought 70 shares @ $143.20, thinking I could get in and out at $144. OMG, the price dropped so fast - I was already out -$1400 by the time I decided to cut my losses this morning.

Yeah...been there done that. Very impressive that you cut that large loss right away.

Originally Posted by userque

Yeah...been there done that. Very impressive that you cut that large loss right away.

Me too

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I have had nugt and dust on my radar just watching and learning and noticed big swings on both. Is there a time limit to cash out? Seems like if you hold long enough you can make some good money. I know it's not that easy. Just a rookie asking questions. Dust is a lot cheaper but has as big a percentage gain per day as nugt. I would think dust would be the better play with less invested. Thanks folks