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marketgod

16 karma · joined June 1, 2018

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marketgod··on Ask HN: Getting depressed about money. How do I make a meaningful amount “fast”?
How old are you? Do you have a lazy stock portfolio? It's the first thing everyone should be starting at 18. Parents should be setting it up the day you are born.

Investing gradually you would have enough money to not worry. Saving with compounding is the best way for the general public.

marketgod··on Ask HN: You have $300k in stocks. What would you do?
Trade options. Hold TSLA/AAPL. In essence continue doing what I have been doing.

The market looks fine right now but after today we may chop a bit.

marketgod··on Robinhood and How to Lose Money
This is the mentality that needs to be checked. All those people trade huge money they don't care about some tiny trader moving $100k per trade. So yes you can do better as you have less capital to invest.
marketgod··on The stock market and economy have parted ways
At the same time he is using a call spread so the upside is limited to the difference between the contract he bought and sold. Also at the same time, losses are limited.

Suppose $TWTR is $49 a share, you buy a call for $50 and sell a call for $60. Suppose the $50 call is $3 that means you paid $3. Then you sell the $60 for suppose $1. So now you are out $2. That's your max loss.

Now tomorrow $TWTR goes to $35. Everything expires and you lose $2. Suppose it goes to $300. Then your profits are ($60-50)-$2=$8 Profits Suppose it went to $55. Suppose this is after expiry, then your contract is worth $5 but you paid $3 so you made $2 profit, but you also sold 1 contract, so now you have $3 profits.

So in essence, the spread limits your upside, further limits your downside while you are bullish.

marketgod··on The growing short case on Facebook and Google
This is a hit piece against GOOGL to get the price under resistance for Mondays open. The idea is to try to stop the GOOGL break out this week.
marketgod··on The growing short case on Facebook and Google
These short sellers are timing this leak because of the break out on GOOGL. GOOGL is breaking out and it's going toward $1,800. This is where the market has to stop it, if it can't it's going to pop. TSLA/AMZN/NFLX just broke out this week and GOOGL is following through. If you are short right now, you are hurting and need this trade to fail. These sorts of reports always come out and break outs, even though I don't watch the news frequently, these stories pop-up across message boards when I get into breakout trades.

Disclaimer: I am in GOOGL 2020-Jul-17 1580 Calls @ 8.20 and it is currently at $12.00 and I am looking for $1620 targets.

marketgod··on Ask HN: Best resources to learn about stock trading and investing?
Just added a few of the resources posted on this thread [1].

The page is hosted by us but the resources are not connected to us.

[1] https://marketgodfathers.com/best-resources-to-learn-about-s...

marketgod··on Ask HN: Best resources to learn about stock trading and investing?
Technical Analysis is not misinformation. Research it. A lot of people think so but if you know what you are doing it's way better than fundamental analysis, depending on what you are doing. I.e. doing TA for long-term stock holding is probably not ideal but trading options with TA is definitely profitable.
marketgod··on Rackspace S-1
They purchased Onico and Onico is one of the best vendors for Devops support.

When a company is being spun out by a private equity, I am always hesitant to invest in it. I prefer when a company goes to market with their original investment thesis because you never know if the private equity is harming one of their other companies to grow another one.

I.e. Rackspace and Onico are owned by the same subsidiary, suppose Rackspace charges Onico an extra 20% compared to what they are already paying because Onico doesn't plan to go public, however, the extra 20% Rackspace gets looks better and causes a better return on their investment. At the same time, the subsidiary has an incentive to inflate their stock price and not be a bag holder.

marketgod··on Ask HN: Are there any good websites for tracking stock prices?
https://news.ycombinator.com/item?id=23785570
marketgod··on Ask HN: Are there any good websites for tracking stock prices?
This question might need more details.

Google finance? Yahoo finance? Webull

marketgod··on Show HN: I built a service to help companies save on their AWS bills
Check out cloudchecker (spelled it wrong purposely, the 2nd e should be removed) it may give you insight for pricing and features.
marketgod··on Stock reaction statistics based on millions of financial data events
Really cool man. I will share it with some FA folks.

You should also post it on LinkedIn.

Also check out www.lazyfa.com

marketgod··on Stock reaction statistics based on millions of financial data events
Did you find a pattern here? IMO earnings is a waste of time to trade. Better to trade after or the run up to earnings, however I trade on TA so maybe a FA person will probably like this info.

The rest of the product looks nice.

marketgod··on Ask HN: Ideas on creating passive income streams
Look into Financial Independence and 4% Safe withdrawal rate. Also look up lazy portfolio.
marketgod··on Building AI Trading Systems
I see you posted you are at break even since 2012. Most people wipe out in 3 years so good job.

I recommend trading manually to feel and listen to the market so that you can adapt your code to it. Also, maybe you are overthinking your strategy so don't hesitate to remove parameters.

My discord is open you can join it and see my trades and look to find any insights from what I enter.

marketgod··on Building AI Trading Systems
I agree except if your strategy is something everyone uses then it becomes a self-fulfilling prophecy of winning.
marketgod··on Show HN: CloudSkew – Draw AWS, Azure, GCP, K8s architecture diagrams
Lookup LucidCharts. I haven't tested it myself.

Edit: They have another service for this.

marketgod··on Canada extends financial aid for millions for two more months
You can't fix that in Toronto. You have to build more but the population of Toronto is growing significantly so even if you do it won't fix the issue. If you save $100k the monthly $5500 mortgage won't get paid with the salaries. Two big things that are being discussed by citizen's are restrictions for purchasing by a non citizen and limits on Airbnb renting.
marketgod··on Canada extends financial aid for millions for two more months
This seemed like a concept to please the Conservatives. The NDP were against it so it doesn't seem to be part of the new bill.
marketgod··on Robinhood 20yo trader with no income loses 700k on options, takes life
You can easily beat the market using the wheel at a minimum but the time investment/return aren't ideal.

There are posts below that will decry listen to Buffet and others however their accounts are so large listening to them is a disservice to yourself. Also the larger players have larger trades so their strategies are much different from a regular trader and there are lots of places for small accounts (under $5m) to make money.

marketgod··on Ask HN: Who can help laid-off workers? Please list resources and services.
Free courses

https://www.pluralsight.com/offer/2020/free-april-month

https://learn.oracle.com/ols/learning-path/become-oci-archit...

marketgod··on Ask HN: I'm a small business and Google locked me out
You are an awesome person.
marketgod··on Ask HN: Remote work business exploding, what do we do
Governments are going to offer deferred interest loans in this environment. Not sure how much but it only makes sense to prop up Main Street.
marketgod··on Ask HN: How are you managing your money now?
Since I trade options I follow the wave and it suggests downtrend right now so I am buying $DIS puts and $TSLA calls.

Also being from Canada, I am keeping all $USD right now.

marketgod··on Ask HN: What is happening with the stock exchange in the last two days?
That's the thing with the market. Whatever you think is right is wrong. That's why most people lose when day/swing trading.

For example this jobs report that came out should have caused issues since the numbers were crazy and that was as of Saturday. Next week it is going to be way worst but the market brushed it off. The market is not rational.

marketgod··on Ask HN: What special offers do you see on the stock market right now?
That's not really true. Mine has been working and I have been posting my trades for people. What's funny is as the number of people following the trade grows, the odds of the trade hitting has been going up since.
marketgod··on Ask HN: What is happening with the stock exchange in the last two days?
It's a fake out wait for the pull back. Maybe tomorrow when they announce the jobs number. Today the DOW fell by 800 points to close. Most the major stocks were hitting strong resistances and failed. This looks like a pull back to me. I was short on $DIS and getting hammered but it still looks like that may pay for Apr 17.

Let's see how Friday closes. We need to close above resistance levels for key stocks/indexes.

marketgod··on Toronto is gathering cellphone location data to find people congregating
Yeah Tory denied it on live TV as well.

Some things to be aware of are that Tory was the CEO of Rogers previously. Maybe he knew which data they have available and since it was a company owned by a family friend he could get whatever he wants.

Michael Bryant while allegeldy drunk rammed a bicycle off the road on purpose (self-defense) and killed the guy. His wife was in the car as well and they got separated a few months later. He was also the previous Attorney General in Ontario.

marketgod··on Covid-19: España necesita ayuda urgente/Spain needs urgent help
Maybe this can help?

https://edmontonjournal.com/pmn/news-pmn/canada-news-pmn/ont...

I have no experience/education with regards to this but I was just linked to this article from another conversation.

Edit: Stay safe friend.

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