FTCHF
FARFETCH LIMITED A
stock OTC

> bought FTCHF at $20 - it's 0.0001 now
> but the final goal is not to end up with shares of a company.
You know, the best way to not end up with shares of "a company" is not to bet to buy $1M of them. That may be mere 5% for you, but look at it from different angle - you p%ss hot water for making $10K, while what you actually do is risking (say) $500K of some sh%tty stock. Having a position size of $1M is ok if you trade your whole $20M. But if you trade 100% of your account on a single stonk, you'll soon end up with much worse impressions of CSP than what you already have on long stocks...

I believe this got lost in translation. I have an aversion to "buy & hold" stocks, simply because I've been burnt pretty badly. For example, I bought FTCHF at $20 - it's 0.0001 now. On the flip side, I bought CELH at $4 and sold at $6, and each time I look at the price now I kick myself.
I don't mind getting assigned and wheeling to get out of the position again, but the final goal is not to end up with shares of a company.
What is the best way to determine how closely two stocks are correlated? I've been attempting this a bit with the COST position, which I intend to grow to a basked of COST/TST/WMT.

> bought FTCHF at $20 - it's 0.0001 now
> but the final goal is not to end up with shares of a company.
You know, the best way to not end up with shares of "a company" is not to bet to buy $1M of them. That may be mere 5% for you, but look at it from different angle - you p%ss hot water for making $10K, while what you actually do is risking (say) $500K of some sh%tty stock. Having a position size of $1M is ok if you trade your whole $20M. But if you trade 100% of your account on a single stonk, you'll soon end up with much worse impressions of CSP than what you already have on long stocks...

I believe this got lost in translation. I have an aversion to "buy & hold" stocks, simply because I've been burnt pretty badly. For example, I bought FTCHF at $20 - it's 0.0001 now. On the flip side, I bought CELH at $4 and sold at $6, and each time I look at the price now I kick myself.
I don't mind getting assigned and wheeling to get out of the position again, but the final goal is not to end up with shares of a company.
What is the best way to determine how closely two stocks are correlated? I've been attempting this a bit with the COST position, which I intend to grow to a basked of COST/TST/WMT.