Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Fiscally Conservative who wrote (73106)	10/27/2022 6:25:16 PM
From: Sun Tzu	2 Recommendations Recommended By ajtj99 Fiscally Conservative Respond to of 97970

Everyone times the market, even Buffett. But we use different techniques that match our skills and psych profile. For Buffett, timing is a matter assessing the valuations. For a high frequency quant trader, it is a matter of correlation with various factors and arbitrage. To succeed, you need to find a timeframe that matches your specific skillset and risk tolerance. This is why one of the reasons why most people are advised to be long term investors. If your timeframe is 20 - 30 years, you don't need much in the way of trading skills. I often make the analogy to sports. Baseball, golf, and boxing are all sports. But being a sportsman in one doesn't make one any good in another. Investing is similar. Momentum, derivatives, value investing, etc are all different and require different skills. I've tried being like Buffett or Peter Lynch and I suck at it. My sports are alpine skiing and hang gliding. Skiing = fast volatile trades, and hang gliding = being in tune with the environment and having a big picture view. I do the same with my investments and trades. BTW, not to be bragging, but I was looking at my holdings last night. I have 60 positions and only 6 or 7 show losses. Net of all trades, I'm up 13% for the month for my whole account. This is so even though most of the times I've been 80% cash. But I would not recommend to anyone else to trade/invest like me anymore than I'd tell a random stranger to come off course skiing with me in the Alps doing double black diamonds.

To: Fiscally Conservative who wrote (73106)	10/27/2022 7:22:11 PM
From: Sun Tzu	1 Recommendation Recommended By ajtj99 Respond to of 97970

Also FYI, this is the reason why I didn't (and still don't) feel comfortable holding a big natgas position overnight. Europe now has so much natural gas that prices just dipped below zero By Anna Cooban, CNN Business Updated 10:03 AM EDT, Wed October 26, 2022 London(CNN Business)Europe has more natural gas than it knows what to do with. So much, in fact, that spot prices briefly went negative earlier this week. For months, officials have warned of an energy crisis this winter as Russia — once the region's biggest supplier of natural gas — slashed supplies in retaliation for sanctions Europe imposed over its invasion of Ukraine. Now, EU gas storage facilities are close to full, tankers carrying liquefied natural gas (LNG) are lining up at ports, unable to unload their cargoes, and prices are tumbling.