AlexAmee

πŸ“… Joined in 2017

πŸ”Ό 21 Karma

✍️ 35 posts

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(Replying to PARENT post)

Yes just make sure to inverse every trade they suggest and also make sure to stay out of MU
πŸ‘€AlexAmeeπŸ•‘7yπŸ”Ό0πŸ—¨οΈ0

(Replying to PARENT post)

No because there isn't much to automate.

I takes me about 40 hours to do proper DD on a company. It depends if I know the sector well, if not then even more. The actual trade is just hitting the sell/buy button.

That's once in a month.

I don't think I could ever automate the DD process.

You can come up with good AI and amazing algos but at the end of the day, a doctor knows more about the ill person just by looking at him/her for a few seconds, I feel like it's the same with trading/investing.

If I automate the valuation, I lose the connection to a company and its numbers. Another example would be insider transactions, there is a difference how you evaluate insider trading, it depends on the company and its market cap, the sector, and the management.

I don't even know how I could ever come up with good indicators for those issues.

Now there are also people who use TA, that's your clientele.

πŸ‘€AlexAmeeπŸ•‘7yπŸ”Ό0πŸ—¨οΈ0

(Replying to PARENT post)

How do you sync your laptops ? I've tried that a few times but I always missed something.
πŸ‘€AlexAmeeπŸ•‘7yπŸ”Ό0πŸ—¨οΈ0

(Replying to PARENT post)

No but I don't have to be good because 90% of all software is stupid CRUD.
πŸ‘€AlexAmeeπŸ•‘7yπŸ”Ό0πŸ—¨οΈ0

(Replying to PARENT post)

So basically the demand for native IOS devs is shrinking based on point 3?
πŸ‘€AlexAmeeπŸ•‘7yπŸ”Ό0πŸ—¨οΈ0

Ask HN:

"Switch from Web-Dev Freelancer to Mobile Freelancer?"

πŸ‘€AlexAmeeπŸ•‘7yπŸ”Ό2πŸ—¨οΈ5

(Replying to PARENT post)

β€œWe suffer more often in imagination that in reality.β€β€Šβ€”β€ŠSeneca
πŸ‘€AlexAmeeπŸ•‘7yπŸ”Ό0πŸ—¨οΈ0

(Replying to PARENT post)

I could not find any indicators in their quarterly report. I didn't believe that someone would buy AMD.

I did not just short sell it instantly but I waited for news, once I realised that I was right, I shorted them and also made profit.

I believe in the company and I think that this stock will be much more worth in a few years but those absurd gains were just panic buyers and once they realised that they were wrong they started panic selling. Great week for me

πŸ‘€AlexAmeeπŸ•‘7yπŸ”Ό0πŸ—¨οΈ0

(Replying to PARENT post)

πŸ‘€AlexAmeeπŸ•‘7yπŸ”Ό0πŸ—¨οΈ0

(Replying to PARENT post)

I have no idea but I'm already short.
πŸ‘€AlexAmeeπŸ•‘7yπŸ”Ό0πŸ—¨οΈ0

(Replying to PARENT post)

None except I want to buy their stock.

Lately: https://jobs.zalando.com/tech/blog/

πŸ‘€AlexAmeeπŸ•‘7yπŸ”Ό0πŸ—¨οΈ0

(Replying to PARENT post)

"random"
πŸ‘€AlexAmeeπŸ•‘7yπŸ”Ό0πŸ—¨οΈ0

(Replying to PARENT post)

Sure in emergency situations and that's a bad thing no doubt about that but that's not the general assumption.
πŸ‘€AlexAmeeπŸ•‘7yπŸ”Ό0πŸ—¨οΈ0

(Replying to PARENT post)

Yea totally !

But I had a very interesting situation once. I asked one of my clients if it's ok for him, if I move to Croatia for some time, he tried to convince me that it's his right to pay less since I don't need as much as in Austria.

So I assume that he basically thought: "you don't need that money since everything else is cheaper and you earn more than the average person in Croatia"

I mean if you think about it, the average salary in Romania is like 450 Euro's ? Now imagine a dev living in Romania with 4k Euro's each month, working for a company in Germany.

I'm not saying that they are right, all I'm saying is that I understand their thinking process ( even if it's totally BS )

They next issues: probably taxes, there is a reason why we got hourly rates like 90/hour, our taxes are killer, if you have good rates, you can be sure that you will lose 50% on taxes, while in other countries it's not like that.

Compared to Romania ( low flat rate 16% tax ), this is insane[0].

Long story short, they try to figure out the cost of living and based on that, that's what you get.

[0] https://europa.eu/youreurope/citizens/work/taxes/income-taxe...

πŸ‘€AlexAmeeπŸ•‘7yπŸ”Ό0πŸ—¨οΈ0

(Replying to PARENT post)

I thought about my comment and also yours, you made think about why I wrote this.

I probably want other readers to remind that they should not blindly trust recommendations from HN.

Edit: If everyone agree's on something, new readers will more likely accept the fact that this book is worth buying, but if a few say the opposite, the reader has to evaluate before buying.

I once bought the book 'garry kasparov - how life imitates chess' because of HN reviews, It was probably the worst book I've ever read, full of obvious things.

πŸ‘€AlexAmeeπŸ•‘7yπŸ”Ό0πŸ—¨οΈ0