pyrrhotech

7 ms·

1.
by pyrrhotech 2y ago
Unfortunately there's nothing new about this scam; it happened to one of my dad's friends 20 years ago. I think it's wise to treat anything you are told by a dental or healthcare professional with a healthy dose of skepticism
2.
by pyrrhotech 2y ago
We have the standard disclaimers in the TOS. Essentially, Grizzly Bulls is not a financial advisor, offers no financial advice, and only sells access to signals generated by proprietary models, not the underlying source code for the models.
3.
by pyrrhotech 2y ago
Oh no, you are never required to take an action with equity index futures as they are cash settled every quarter. So whether you have an open long or short position at expiration time, it will automatically disappear from your account with
4.
by pyrrhotech 2y ago
Good question - you won't be "called" or anything like that in this scenario as you are effectively market neutral. If VOO goes up, your ES/MES futures value will go down accordingly and your account's net liquidati
5.
by pyrrhotech 2y ago
Not yet, but I plan to write a revised edition incorporating some of the feedback I've gotten in the near future. I'll include a digital version with it.
6.
by pyrrhotech 2y ago
Yes, in fact non-bull regimes are where they earn most of their relative outperformance. During buy signals, it's impossible for the models to outperform as they are long the S&P 500. During sell signals, they are in cash with the
7.
by pyrrhotech 2y ago
I use Interactive Brokers for automated trade execution and as data source for real-time ES and VIX data. Data for the other indicators comes from a wide variety of sources. One of my favorites is https://fred.stlouisfed.org&#x2F
8.
by pyrrhotech 2y ago
Yes, but that's why the preferred method of implementation is using the S&P 500 futures (ES and MES) as the hedging tool during sell signals. With this method, you hold your preferred ETFs/stocks of choice forever and continue
9.
by pyrrhotech 2y ago
https://grizzlybulls.com/how-it-works is the best page I have explaining the basics, but I probably need to be more accommodating to complete beginners. Grizzly Bulls is intended to be a great complement to the buy and hold
10.
by pyrrhotech 2y ago
For inspiration, I highly recommend "The Man Who Solved the Market" about James Simons and Renaissance Technologies. Some of Ernie Chan's books are great for learning about the basics, but ultimately finding an edge is the mo
11.
by pyrrhotech 2y ago
I expect the long term CAGR for the top models to be in the 20-40% annual range. That's certainly high enough to get wealthy over a couple decades, or sooner if you are already starting with 8 figures, but it's not overnight Roari
12.
by pyrrhotech 2y ago
Building algorithmic trading models. So far results continue to be good with every model outperforming the market on both absolute and risk-adjusted basis since going live. Since launching https://grizzlybulls.com in January 202
13.
by pyrrhotech 2y ago
I think most would agree $250k is a comfortable lifestyle, but if your neighbor is making $1M/year in the same profession just because he works at a different company, a bit of bitterness and or desire for more is hard to combat. Your
14.
by pyrrhotech 2y ago
It's a bit ironic that knowledge work will become obsolete before blue collar work. I disagree with the author that it will become completely obsolete in the next 20 years (although certainly in the next 200), but it will change signif
15.
by pyrrhotech 2y ago
73 is less than a decade into retirement age; hopefully she has much more than a few! Looks like 14.5 years life expectancy
16.
by pyrrhotech 2y ago
Tragic news; he was my personal inspiration for getting into algotrading and founding https://grizzlybulls.com . The ultimate counter-example to the Efficient Market Hypothesis. RIP
17.
by pyrrhotech 2y ago
I've studied many systems over the years and never found any that matched or outperformed their backtests. So far our live results have hit between 1/4 and 3/4 of backtest performance depending on the model. Needless to say t
18.
by pyrrhotech 2y ago
exactly ES is 50x S&P 500 futures price or 10x MES, current value per contract is about $263,800
19.
by pyrrhotech 2y ago
To implement the strategy in the most tax efficient manner without leverage you would want to have an account worth 5 * (S&P 500 futures price). Today that would be about $26,375. MES uses a multiple of 5 while ES uses a multiple of 10.
20.
by pyrrhotech 2y ago
I've been building algorithmic trading models for the last 4+ years. After trading them successfully with my own capital for more than a year, I launched https://grizzlybulls.com as an alternative to the traditional hedge f
21.
by pyrrhotech 3y ago
78 seems so young to die. I suppose my family is lucky to have good longevity genes and disciplined enough to live fairly healthy lifestyles. I have 3/4 grandparents still alive and relatively healthy in the mid 90s and several great a
22.
by pyrrhotech 3y ago
Exactly, but if you compare to the market, even though 5.7% absolute returns is a poor 15 month performance, much of the model's relative outperformance came from those 15 months where at the same point, the SPX was still highly negati
23.
by pyrrhotech 3y ago
ah, sorry for the confusion. That's because the last 20 trades are excluded from the table/chart if you don't have the appropriate access level to view, in this case a Gold membership. That means when you are looking at the c
24.
by pyrrhotech 3y ago
It's obvious that bubbles exist in retrospect, but determining whether current growth and valuations are sustainable in the present is incredibly difficult. As another poster mentioned, we are essentially talking about market timing he
25.
by pyrrhotech 3y ago
Thanks, really appreciate the feedback! I thought of the name Grizzly Bulls as kind of catchy since the goal is periodically hedging market downturns and so somewhat oscillating from (grizzly) bearish to bullish in macro outlook, but agree
26.
by pyrrhotech 3y ago
Frankly, I'm still very much trying to figure out viable and efficient marketing strategies myself. A large portion of my current users have come from somewhat viral posts/comments on HN, reddit and other investing forums. I also
27.
by pyrrhotech 3y ago
In some ways it's easier than ever before, and in others it's much harder than it was 10 or 15 years ago, depending on your industry. For software, the barriers to entry have been decimated. Modern frameworks, libraries, PAAS, and
28.
by pyrrhotech 3y ago
"Pleasure cruises, golf and tracing the family tree are not that fulfilling" ok boomer, but what about video games? I've long had a suspicion that the relative popularity of the FIRE movement among Millenials and Zoomers is l
29.
by pyrrhotech 3y ago
Apparently $356M is nearly $0 to the WSJ
30.
by pyrrhotech 3y ago
One thing to note is that if you are looking at the premium model charts, the last 20 trades will be hidden if you don't have the appropriate access tier so you could be missing the last 6+ months depending on which model you are looki

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