Category: Stock Market

hello all hope everyone is doing well,

I apologize if I am not posting in the right are but I am interested in getting involved with the stock market and trading, but im not sure what program to use or where to start. I am in Canada(Ontario more specifically) and most youtube videos have recommended to use td. they charge a 10 fee per trade or something and I have no experience so im looking for something smaller. does any one have any recommendations on how to start and where to start

If someone could help me out that would be great thanks

Buffet backed is a safe (if not a win) bet?

I see that nio is a very speculative stock, pretty much a gamble considering how close to bankruptcy they get. but is byddf much better, they don’t look it.

I only heard about them today from an article on yahoo finance, saying buffet backed and higher sales (than nio) out of China.

Would Chinese car makers have much market in the states over the American Tesla ?

Sears, Penneys, Macys, Neiman Marcus…so many retailers are dying. Are people really just keep their fat lazy asses at home and shopping on Amazon? Walmart clothing sucks…Ross sucks…

Think about it. If you hade billions of dollars and little faith in the economy, where would you put it? Gold? It’s near ATHs so the potential for loss is high. Bonds? At these rates? Cash? With infinite QE happening inflation could be a real concern. No it’s tech. Tech has performed very well over the past 20 years and many tech companies are minimally affected by the current environment. Some even benefit. What’s more tech has some of the biggest most stable companies there are with plenty of cash on hand to weather a storm. So tech seems like a safe bet.

If I’m right tech is acting as a safe place to stash billions of dollars. Because the S&P and the NASDAQ are disproportionately made up by large tech firms, and because those are seen as the best indicators for the broader market, this makes the broader market look better than it should. It’s giving people a false sense of confidence in the market as a whole.

What happens if the smart money no longer feels like tech is the safest place to store their money? The bottom falls out. What happens when mainstreet actually starts to recover? Billions of dollars flow out of tech and into other sectors. Much of it may go to small cap stocks. So when the economy actually starts improving, the S&P and Nasdaq may crater.

I will freely admit that I am an amateur with limited experience. So if someone with more knowledge on the subject, especially bonds, wants to correct me or tell me why I’m wrong, feel free. I’m hoping this will start a discussion.

I am new to trading, and after some backtest, I was trying to calculate the risk of Ruin. The formula goes like:

R=[(1-A)/(1+A)]^c

R: probability of Ruin A:The difference between the percentages of wining trades and the percentage of losing trades. c: the number of trades in a account

Now it seems that by using that formula, if you have a winning percentage below 50% you are always doomed to failure, am I correct? I'm using a trading system with about just 20% winning rate but a R/R of at least 12, sometimes going to 50…