Message from @SamanthaM

Discord ID: 499671941427232768


2018-10-03 03:43:44 UTC  

I would love to try it, I'm looking forward to retail brokers having weather futures available.

2018-10-03 03:44:01 UTC  

If you live in an area with high heating cost, it might make sense to hedge against unexpectedly cold days

2018-10-03 03:44:02 UTC  

Not sure if you know of any but I couldn't find any @SamanthaM

2018-10-03 03:45:02 UTC  

Not certain if any exist. Haven’t researched it that heavily though.

2018-10-03 03:46:37 UTC  

@Jacob Great point. Fund could cover a specific territory with consistent seasonal patterns. An example being the mid-Atlantic

2018-10-03 19:58:11 UTC  

@ThisIsChris Great FT article today re GE. “General Electric has an Overactive Imagination.”

2018-10-03 21:12:14 UTC  

@SamanthaM Thanks, I just read it! What do you think?

2018-10-03 21:37:00 UTC  

@SamanthaM To me it was an interesting article, it says to me there is a lot of uncertainty, the problems may be the investors and board of directors, and there's not particularly any reason to think the problems diagnosed by the author will be addressed, though it would be great if they were.

2018-10-09 20:28:18 UTC  

any of you guys ever trade pre/post market?

2018-10-09 22:04:46 UTC  

@Deleted User yeah a lot, especially since I've started trading futures sometimes

2018-10-09 22:06:17 UTC  

I found out robinhood lets you trade 30 minutes pre and 2 hours post for free, so I'm trying to learn up

2018-10-09 22:06:38 UTC  

cause it seems like alot of movement happens outside of market hours

2018-10-09 22:29:06 UTC  

is there anything I should know about it? or is it basically just low volume trading

2018-10-09 22:32:44 UTC  

@Deleted User most of the time it's just low volume trading, although pre-market is interesting as people prepare for the big opening. However after and premarket trading is awesome when a company releases an earnings report

2018-10-09 22:37:18 UTC  

I always thought the morning open was risky, do you usually trade then?

2018-10-09 22:38:18 UTC  

Sometimes quick trades, trying to "scalp" a little bit (ie enter and exit really quickly on momentum)

2018-10-09 22:39:49 UTC  

Because market open is the most frequent time of day for big movements

2018-10-09 22:42:19 UTC  

yeah I used to think (in the constraints of normal hours) that it was impossible to really predict or get in on the big movements

2018-10-09 22:46:45 UTC  

Nothing is guaranteed but there's often a drift in the "random walk". Especially when there's a lot of volume going on like at market open, it's going to go in one direction or another. Sometimes it's a push in one direction immediately followed by a push in the opposite directions, but as long as you learn to take your profits and not hold on out of greed then you can make some modest money on the side

2018-10-10 18:32:11 UTC  

market is so boring this week man

2018-10-10 19:57:54 UTC  

Is anyone interested in currency arbitrage?

2018-10-11 07:19:39 UTC  

👀

2018-10-11 07:19:58 UTC  

Very

2018-10-11 10:20:26 UTC  

All they need to do to tank the fragile economy and make Trump look bad is to raise the interest rates. A correction is inevitable and needed, these crazy low rates are not sustainable, but the economy is so dependent upon them that the future of the economy is in the hands of the elite. They can issue a rate increase or two at any time and launch us into recession. I wonder if this is their back-up plan to cast Trump in a negative light going into the mid-terms.
<https://www.forbes.com/sites/jjkinahan/2018/10/10/stocks-start-on-four-day-sp-500-skid-as-rising-rates-remain-center-stage/>

2018-10-11 13:27:51 UTC  

@SamanthaM what do you have in mind about currency arbitrage?

2018-10-11 17:29:07 UTC  

@ThisIsChris Nothing currently. Bought a book on it and was hoping someone had prior experience. With the fluctuation in the value of currencies in developing market economies, it seemed like a good time to capitalize on an opportunity.

2018-10-11 17:31:12 UTC  

@Tanner - SC Good chance. If that’s the case then a rate increase, or at least the threat of one, could be expected within the next month. Or, it could just be a coincidence in timing. Great article though!

2018-10-11 18:05:48 UTC  

I was betting that they were planning on holding off the rate increase recession until Trump was up for re-election. But since their Kavanaugh plan failed, they might have to accelerate the recession plan to avoid yet another Supreme Court placement loss before 2020.

2018-10-11 18:07:40 UTC  

Or maybe they let the republicans win the mid-terms, and sometime thereafter when the left is frothing at the mouth, trigger the recession to remove the violent left’s inhibition, so that they progress to violence and political terrorism.

2018-10-11 18:55:18 UTC  

Dafuq did you guys do to Wall Street?

https://cdn.discordapp.com/attachments/352760194775777282/500018574392426506/image0.png

2018-10-11 18:55:46 UTC  

it wasn't me I promise 👀

2018-10-11 18:56:41 UTC  

Brainlet here. Are the (((usual suspects))) crashing the market with no survivors as a pre midterms October surprise?

2018-10-11 19:18:17 UTC  

@Tanner - SC Interesting assessment. You’re right in the fact that many fed decisions are politically motivated. The forecast now is that there will be a final rate hike before the end of the year, three in 2019, and a final in 2020. The bond market will be absolutely hammered, which is going to greatly impact older citizens and retirees. Also bad news for pension plans and conservative investors.

2018-10-11 19:20:42 UTC  

@Tanner - SC On the plus side, emerging market equities are currently being hit by the strong dollar, rising rates, and trade wars. Good time to buy before the recovery.

2018-10-11 19:22:37 UTC  

@SamanthaM re: currency book, yeah from what I understand 5 trillion are traded on FOREX each day, seems to make sense there'd be lots of opportunities for arbitrage. I use TD Ameritrade I only have access to some main currencies (USD, CAD, GBP, AUD, JPY, EUR, and a few others) but even there that could be good enough. If someone were an institutional investor it seems there's money to be made closing the arbitrage between currencies and currency futures as well, since currency futures have less volume they tend to lag

2018-10-11 19:25:03 UTC  

@Deleted User the federal reserve rose interests rates 😢 @Wood-Ape - OK/MN this is like the 4-th or 5th time they've raised interest rates under Trump, they only did it once under the whole time with Obama, so some people argue that, but I would give it 80% odds that it's just coincidence and not intentional to mess with Trump in particular

2018-10-11 19:31:20 UTC  

Lol yes

2018-10-11 19:32:40 UTC  

Anatomy over quality. Great idea

2018-10-11 19:50:09 UTC  

Wow I'm glad I closed most positions on Tuesday, what a cliff

2018-10-12 00:20:54 UTC  

Are there even any forex accounts that let you trade pretty obscure currency pairs