Day trader whose strategy is based on arbitrages in preferred stocks and closed end funds.My group consists of 10 traders.We trade every single preferred stock or closed end fund that provides an arbitrage opportunity. Our research includes stocks that most of the people have not even heard. We have developed our own statistical tools that make most of our arbitrages statistically proven. As a trader I don't just analyse , I trade my analysis and pay the price when I am wrong.That is the main reason I respect opinions only when backed by taking the risk of being wrong.Words or opinions mean nothing in this business and the only person who is right about a certain situation is the one who makes money out of it.
Born in 1958, I am a small investor who has taken his lumps. When I started out, I made a lot of money trading. Then I lost twice as much, when market conditions changed but my methods didn't. Intellectually I believe that dividend investing is probably the best way to go. However, I am still addicted to searching for a good deal--call it value investing, or swing investing, or what you will.
Recovering futures day trader trying to Break on through to the other side.
Sucked at futures, never got past break-even.
Spent a couple of years writing automated futures trading systems until one day the light went on and I quit, posting a note on one of my multiple monitors that read "I'm smarter than my 5th generation computer!". That experience taught me that technical analysis only works if enough people believe in them and take some action when this crosses that and it's a full moon or whatever. It's a little like religion, you just gotta believe it works.
Before that, 28 years at HP in a number of different positions related to either customer support or negotiations of intra-company or joint company support agreements. That is until Carly moved my job to Costa Rica because she didn't want to bring the cash home.
It all sums up to the same conclusion... It's about people. Whether it's a business agreement or a stock, options, or futures trade, if you can figure out what the other side wants, you have a much better chance of getting what you want, or just walking away if that is the best option. But that requires a willingness and step inside of someone else's shoes. That is a skill not easily taught.
Demonstrated success is the one outstanding fact which justifies confidence in the outlook for any particular business, and thus the investor will always, as a first test for an industry security, carefully consider the results already obtained. John Moody
As an Editor on the SA PRO team my job is to help find the best content for PRO, to provide feedback and develop talented contributors, and to work with other departments to strengthen the platform.
I have studied to ply my trade in finance with a bachelors in accounting. In 2014, I developed an app to access corporate disclosure materials at the SEC. My grandparent’s home was filled with valuing investing paraphernalia and, naturally, I became interested in the stock market.
Seeking Alpha is full of hidden gems and bum steers. Check out some of the authors I follow. And authors, check out "The Elements of Style" by Strunk & White.
stocktalks represent my personal opinion only - links are not endorsements.
Paul Ticu is a co-founder / managing partner at MacroDynamics Capital LLC. In his prior role, Paul was the Head of Portfolio Management at Tiberius Asset Management. Paul also has held positions as Executive Director at Morgan Stanley Investment Management in the GTAA group, PwC, Standard and Poor s, and was a Sr Financial Economist at Finance Canada.
Paul has a Master of Engineering in Operations Research, and an MBA, both from the University of Toronto.
I participated in the creation of financial derivatives, beginning with the introduction of Eurodollar and Standard and Poors futures at the CME, and including the secondary market trading of OTC swaps. I have established and managed trading desks in these instruments and managed MHT Futures, Inc., one of the first bank subsidiaries to clear futures. Today I teach and write about the need for market-based innovation in these seriously flawed markets.