The Pros and Cons of Trading on Margin » Read Here 2020

Binance Team Explains Margin Trading, Pros and Cons for Crypto Traders

Binance Team Explains Margin Trading, Pros and Cons for Crypto Traders submitted by n4bb to CoinPath [link] [comments]

Binance Team Explains Margin Trading, Pros and Cons for Crypto Traders

Binance Team Explains Margin Trading, Pros and Cons for Crypto Traders submitted by ThrillerPodcast to thrillerpodcast [link] [comments]

Binance Team Explains Margin Trading, Pros and Cons for Crypto Traders

Binance Team Explains Margin Trading, Pros and Cons for Crypto Traders submitted by yogaandpickles to binancemargintrading [link] [comments]

StormGain. New cryptocurrency margin trading and investing platform. Pros and Cons.

StormGain. New cryptocurrency margin trading and investing platform. Pros and Cons. submitted by Mcklash to CryptoCurrencyTrading [link] [comments]

Pros and cons of day trading cryptocurrency

What are the pros and cons of day trading cryptocurrency? Pro:They seems to be money to be made Cons: 1% margins
Thoughts?
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Some thoughts on what it's like to be a "centrist" Democrat in America.

"Centrism"
There's a lot of talk about centrism on social media, and especially on reddit, and I wanted to take a moment to express my thoughts on the matter, since I consider myself a "centrist."
Let's first start by asking ourselves what "centrism" looks like in its ideal, when everything is running smoothly: A centrist will have a problem that they want solved, they'll look to their left and consider what solutions progressives offer, they'll look to their right and consider what solutions conservatives offer, then the centrist either picks the solution that s|he feels will best, most effectively, and most efficiently address the underlying problem, or, as tends to happen much more often, the centrist will say "I like these pieces from the progressive plan, I like these pieces from the conservative plan, and if we mix the two together we can get a much more comprehensive solution to our problems!"
Essentially, in a perfect world, a centrist will pick the best, or best-fit, solution to the problems they're facing, without regard to partisan ideology. In theory a centrist shouldn't find themselves saying "Well I like progressives more, so I'm picking the progressive solution," instead they'll weigh the pros and the cons, the costs and the benefits, the evidence and the theory, and choose a policy not based on political identity, but on how effective the plan is likely to be.
This is where we run into a problem in the United States: The American conservative party, the Republican party, doesn't have any solutions, they don't have any regard for evidence, most of the time the left and the right can't even agree on what constitutes objective reality, and conservative "principles" are really hard to define.
I think the best illustration of the problem of American centrism is the Affordable Care Act.
The scaffolding of the Affordable Care Act was first conceived of by a conservative think tank called The Heritage Foundation.
The outline of the Affordable Care Act was first proposed by Republican Speaker of the House Newt Gingrich.
The first successful prototype of the Affordable Care Act was passed and put into effect by Republican Governor Mitt Romney.
President Obama, when he first took office, saw the success that Romneycare had achieved in Massachusetts, it expanded coverage and drove down prices, and Obama, ever the consumate centrist, thought to himself: "You know, if we take what worked in Massachusetts, beef it up with some progressive ideas like a public health care option, insurance subsidies, reinforcing our safety nets like Medicare and Medicaid, and slap a shit ton of market regulations on this baby, we could really achieve some good in our country!"
Obama took a conservative plan that had been proven to work, and wanted to make it even better by mixing in some left-leaning policies and proposals. Centrism could be well defined as "Take what works, fix what doesn't, leave the rest behind."
Of course I don't need to tell you what happened next: Republicans, seeing a Democratic President presenting a bill first written for Republicans, first proposed by Republicans, first successfully implemented by Republicans, chose to fight against it with everything in their arsenal. It wasn't enough for Republicans just object to the progressive portions of the bill, they tore it all to shreds, the progressive and conservative portions alike, the protections, the subsidies, the regulations, the public option, and they even went to the Supreme Court to try to get the individual mandate, arguably the conservative crown jewel of the law, thrown out as unconstitutional.
Conservatives ran away from their own ideas, their own principles, their own plans and policies, and left progressives and Democrats holding the ball.
One of the strengths of centrism, when done rationally and in a rational political environment, is that everybody gets something that they want, this should, in theory, make bills easier to pass. "I've got this proposal and it's 50% progressive and 50% conservative, so there should be reasons for both sides to support the bill." Except what does one do when the party that conceived of the conservative half of the bill instead decide to label the proposals as socialism, as the death of the American dream, as a gateway to death panels, as government overreach, and as patently illegal?
There are multitudes of examples of this: Republicans proposing an idea, Democrats stepping up to support or improve the idea, followed by Republicans throwing the idea out with the bath water. Remember when Mitch McConnell jokingly said "Maybe I'd appoint Obama's Supreme Court Justice if he nominated a conservative like Merrick Garland," only for Obama to nominate Merrick Garland to the Supreme Court, what do you think happened next? Do you think Mitch McConnell cooperated with the solution that both he and President Obama had proposed? No, of course he didn't, he refused to bring his own self-selected nominee up for a vote before the Senate, not because Merrick Garland wasn't a good pick, but because allowing his nomination would have been a victory for Obama.
We've got a problem in America, and it's a problem for all of us: Only one side of the political aisle is proposing reality based, empirically demonstrable solutions, which means that centrists like myself only have one real political party to even consider right now.
"How do we reduce the teen pregnancy rate?"
DEM: "Science based sex ed, foster communication with family and medical professionals, improve access to family planning services!" REB: "Abstinence only education."
"...abstinence only education has been repeatedly proven not to work, so I guess I'm going with the Democrats."
"How do we address the cataclysmic threat of climate change?"
DEM: "Invest in R&D, invest in clean energy, regulate fuel efficiency, tax carbon, replace all USPS trucks with electric vehicles!" REB: "I have a snow ball therefore climate change is a lie."
"...climate change is very real, and ignoring the problem won't make it go away, so I guess I'm going with the Democrats."
"What can we do to reduce income inequality?"
DEM: "Raise the minimum wage, give people more educational opportunities, improve public education, encourage unionization, create new and better paying jobs!" REB: "Income inequality isn't real, cut taxes."
"...income inequality is real, and there's absolutely no evidence that cutting taxes promotes upwards economic mobility, so I guess I'm going with the Democrats."
"Corona Virus has killed more than 140,000 American citizens, what can we do to slow the spread?"
DEM: "Mask requirements, lockdown orders, invest in medical research, keep the schools closed, ban large public gatherings, get more doctors access to protective gear, improve our health care system!" REB: "Take a hydroxycloquine, chase it with a shot of disinfectant, then go sit in the midday sun and pray for half an hour."
"...hydroxycloquine has been repeatedly proven not to work, drinking disinfectant is bad, and UV light won't kill a pathology, so I guess I'm going with the Democrats."
"Immigration is at the heart of our nation, what can we do to encourage immigration?"
DEM: "Reform our immigration system, allow the creation of more visas and green cards, reduce the waiting period to immigrate legally, give existing immigrants a path to citizenship, make DACA law!" REB: "BY 2045 WHITES WILL BE A MINORITY IN OUR OWN COUNTRY, WE MUST STOP IMMIGRATION AT ALL COSTS, DIVERSITY MEANS WHITE GENOCIDE!"
"...white genocide isn't a thing, so I guess I'm going with the Democrats."
"Government revenues are shrinking, leading to growth in the debt and the deficit, what do we do?"
DEM: "We can start by raising the top marginal tax rates on people earning more than $250k/yr, allowing the Bush and Trump tax cuts to expire, close some of the more egregious loopholes, hire more workers at the IRS, make government operations more efficient, and there's even a little bit of room to trim the fat on the budget!" REB: "Tax cuts good, makes more revenue comes."
"...revenue growth from tax cuts happened, like, once Republicans, then never again, in fact tax cuts tend to grow the debt and deficit much more than they shrink it, so I guess I'm going with the Democrats."
"I really think we should be encouraging higher education, how do we do that?"
DEM: "Expand grants, regulate loans, give students college debt forgiveness, pay for two years of community college, public university, or trade school, bankruptcy reform, improve the quality of 'lower' education, hire more teachers, address the systemic problems that keep people from pursuing higher education, raise wages, reduce income inequality!" REB: "Why would I want to send more people to commie indoctrination centers? Also public funding for religious school."
"...commie indoctrination centers? So I guess I'm going with the Democrats."
"We've got a national election coming up, how do we encourage voting?"
DEM: "Funding for election security, updating our voting machines, make election day a federal holiday, open more polling places, extend early voting, expand vote by mail, reform our electoral system to encourage and incentivize voting!" REB: "Cut funding to election security, use outdated voting machines, close polling places, shorten early voting, restrict vote by mail, democracy is a liberal hoax."
"...everything the Republican suggested would make our problems worse, not better, so I guess I'm going with the Democrats."
When the Affordable Care Act was introduced Republicans were quick to whip up a "health care proposal" of their own, which essentially amounted to a Medicare voucher program. At the beginning of the year a Medicare patient would be given a sum of vouchers for medical care, then they would have to ration out those vouchers throughout the year. Got $1,400 in vouchers and $14,000 in medical bills? Then you're on the hook for $12,600 out of pocket. (This is just an example, I can't remember the actual exact numbers.) It was widely panned by Democrats and health care professionals as not only not solving the problems that the ACA was designed to address, but actually making the problems worse. Republicans, when presented with the opportunity to implement conservative solutions to real world problems, had absolutely nothing of value to offer.
In a perfect world a centrist would stand in the middle and say "Hey, I like the right's suggestion of Romneycare, it seems to work pretty well, but it doesn't address all the problems that we're facing, so I'll take a little bit of Medicare for All from the left, smush it down into a Public Option, and viola, we've got a health care plan on our hands!" Instead centrists found themselves saying "Well Democrats are proposing the ACA, and Republicans are proposing something that is literally worse than doing nothing at all, so I guess I'm going with the Democrats."
In a perfect world we would have (at least) three parties:
  • A reality based conservative party, offering evidence based policy proposals.
  • A reality based progressive party, offering evidence based policy proposals.
  • A reality based centrist party, offering evidence based policy proposals.
And the American people could pick from multiple plausible solutions.
Instead we've got:
  • A fantasy based conservative party, offering nothing but dogma and ideology.
  • A reality based progressive/centrist party with everybody kind of uncomfortably squeezed in, offering evidence based policy proposals.
  • No viable third party.
Progressives and centrists sort of have to share the Democratic party, because right now that's the only party in town that recognizes real problems or even allows the proposal of real solutions, meanwhile reality based conservatives have literally nobody, literally no party to represent them. God forbid you're a Republican, believe in objective reality, and haven't drank the Trump kool aid, you've watched your party just absolutely fall apart right before your eyes, and have nowhere to go. (Plug here: I'm a Democrat, and you're always welcome in the big tent, but I completely understand if you aren't comfortable or interested in that idea.)
This is going to sound controversial here on reddit, but hear me out: Conservatism and conservative ideas are not inherently bad, and can lead to good things. The Affordable Care Act was a conservative plan and it resulted in 20,000,000 more Americans getting health insurance (And it would have been more, too, if Republican Governors hadn't turned down the fully funded, deficit neutral Medicaid expansion that President Obama included in the bill), and it would have been even better if we had gotten some more progressive peanut butter in the conservative chocolate. Eisenhower, a conservative, oversaw the construction of the largest piece of infrastructure in American history, the national highway system, because he felt it was necessary to the national defense. Richard Nixon created the EPA because he felt the need to protect the environment, he didn't turn a blind eye to the facts. George H.W. Bush was a regular donor to Planned Parenthood, because Bush was pro-life and knew that better access to birth control helped reduce the abortion rate. John McCain actually ran on cut, cap, and trade in 2008, which is.... you know, something. Conservative thinking can result in good solutions, it has in the past, but the very first step, the step that modern Republicans are failing at so horrendously, is identifying real problems. They don't care about climate change, they care about the war on Christmas. Unfortunately the era of conservative solutions to real world problems has passed, it's been a slippery slope over the past half century, but it's really accelerated in the last 25 years, today Republicans don't offer solutions, they don't acknowledge reality, and they can't even be trusted to stand by their principles (Remember, like, five years ago when Republicans said they were the party of free trade, fiscal responsibility, and family values, only for Donald Trump to get involved in a 19th century trade war, blow up the debt and deficit with unnecessary and counterproductive tax cuts, and be Donald Trump?) One of the best things that could happen for our nation would be for the Republican party to get its shit together, get back in touch with reality, and start proposing actual solutions again.
I get why progressives are frustrated sharing a party with centrists, and why centrists are frustrated sharing a party with progressives, thanks to the electoral college we're stuck with a two party system, and thanks to Republican politics one of those two parties is a cracked out meth head , so for some folks it's a little like "Do I want to live in the house with the leaky roof, or the house that is literally a tire fire built on ancient Native American burial grounds next to the old unregulated unzoned free market gas station which may or may not be run by white nationalists?"
Call your Representatives and Senators, tell them you support the passage of H.R.1, the "For the People Act of 2019," because you want comprehensive electoral reform in our country, because it's never been more necessary than it is today, and because this is the right moment in history to finally fix these problems.
I just wanted to take one more moment to make a plug here: As I've stated all across this post, I'm a Democrat, and I'm actually really proud of my party. I'm proud of what we've stood for and stood against, what we've fought for and what we've won, what we've done and what we've tried to do. We are an imperfect party, made up of imperfect people, we've made mistakes but I'd like to think that we've learned from those mistakes, and on the balance I'd like to believe that we've achieved much more good than harm. Being a big tent is our greatest asset, when things are working well we each make the other better, and give the other strength, and new ideas, and that's kind of what the Democratic party tries to be about. There are good reasons to join the party, and there are good reasons to be proud of and defend it, we're more than just the other option, we are the better option.
Thanks for reading this, I love you!
submitted by MaximumEffort433 to neoliberal [link] [comments]

Deep OTM or ITM LEAP vs Buying Stock on margin

Hey guys, fairly new to the option trading game and want to know a bit more on how the value of far ITM and OTM LEAPs work compares to buying the stock on margin. PROS? CONS? Of course there is the risk of Vega in the options but how does Vega compare for OTM vs ITM? I feel like this is a bit of a safer way to play options but want to know everyone’s thoughts and options on it.
submitted by jpgarvie10 to options [link] [comments]

$ESTC Soon to Rise, an unrecognized beneficiary of the Fortune 500's E-Commerce Transition

$ESTC Soon to Rise, an unrecognized beneficiary of the Fortune 500's E-Commerce Transition
Storytime
On April 27th, Mark Cohodes, a well-known short seller and investor, mentioned his bullishness on Camping World. His thesis was that people—needing a socially and medically acceptable form of escape / recreation—would turn to RVs and the outdoors, resulting in dramatic sales increases. Since his interview, CWH has doubled in value from ~$8 to ~$18. Mark was able to look at an obvious shift (quarantine) in behavior and identify a non-obvious beneficiary (RV / outdoor equipment sellers). This is a great mindset when it comes to generating plays.
Here, we’ll take a look at another obvious shift and discuss a non-obvious beneficiary, Elastic N.V. (ESTC). I believe that ESTC will see it’s stock price rapidly appreciate after June 3rd, when ESTC’s earnings reveal that it’s highly undervalued compared to peers.
TL;DR Buy ESTC for an undervalued tech play that capitalizes on increased traffic for online commerce/site search, as well as a shift to work from home (all due to COVID)
This is SHOP/TWLO electric boogaloo, except you’re getting in while it’s hella cheap
Thesis Breakdown
  1. Shift in market demand due to COVID
  2. Examples of this shift evident from other tech company earnings reports
  3. Why ESTC is poised to benefit from this shift/said tech companies
  4. ESTC competitors and why ESTC shines
  5. Why ESTC is undervalued compared to peers
  6. Potential ER outcomes and implications for market valuation
  7. Play recommendations
  8. Positions
The COVID Shift
It’s no secret that consumer spending is shifting online. Online sales growth has been accelerating at 13+% YoY—and those numbers are pre- Covid-19. Now that businesses are being forced to move online, this process will accelerate in a virtuous cycle: more online businesses = more options for consumers = more online spending = more market for businesses = more online businesses. This shift has already largely occurred for big companies, but now this cycle will accelerate for small and medium sized companies.
To be successful here, it is crucial not only to provide consumers more options to appeal to their needs and convert to sales, but to also be able to understand user preferences by observing patterns in their browsing, so you can personalize presented options for optimal sales growth as well as customer retention. The incentives to improve customer retention/experience will help consumers lean in more to e-commerce.
The second part of the shift is that manye companies are focusing on WFH (work from home) and are responding to new needs to support such a paradigm shift. Obviously, these companies will need firewalls, endpoint protection, security etc. as well as needing better ways to manage remote collaboration and access to files/documents from unsecured locations that may not have all the protections a “secure facility” like an office workplace, has established. Indexing and searching those files/documents is just another example of how search becomes relevant
Evidence of the COVID Shift in Tech Earnings
Let’s think about the less obvious implications of this combined shift. What companies stand to benefit from continued WFH and from a massive spike in ecommerce / site usage?
I’ll list some examples of companies that have seen extraordinary usage increases that are now reflected in their market valuation from recent earnings reports
  1. SHOP reflecting a surge in both online sellers and online revenue sales
  2. TWLO reflecting a massive surge in companies trying to reach customers more proactively
  3. FSLY reflecting a huge surge in online content traffic
  4. DDOG reflecting a huge increase in monitoring/data analytics needs
  5. MDB reflecting a huge increase in demand for cloud databases
I can go into detail on every single company above, but why don’t I just let you take a look at how these companies are doing recently.
https://preview.redd.it/susf6cka94051.png?width=1152&format=png&auto=webp&s=21301456662c0dc5be2d8b603623a81c085ba440
So what in the hell is going on? Every company dipped during COVID as you can see, some reaching as low as half of the peak valuation they had pre-COVID in the massive bull run we saw beginning of 2020. Only to blow their previous all time highs out of the water in a massive rebound!
Why? The common theme is massive beats on earnings reports, in some cases being almost complete surprise profits vs loss expectations, with a general 5-15% revenue surprise beat
  1. SHOP was expected to have a .17c loss for Q1, only to beat with a 19c profit!
  2. DDOG was expecting a 2c loss, only to have a 6c profit
  3. TWLO was expecting an 11c loss only to have a 6c profit
  4. FSLY was expecting 12c loss only to have a 6c loss
  5. MDB’s earnings was last in January, so does not reflect COVID gains, however has been benefiting from perception around its demand
The source of these surprises is because people underestimated the COVID shift which has benefited these companies massively and acted as tailwinds vs the analyst perceived headwinds.
Now let’s get to the point of the article, who else can benefit from all the above shifts we described? Let me introduce you to Elastic, a company whose product you use literally everyday without knowing and benefits from the previously proven shifts.
The Beneficiary
Elastic provides a (freemium) open source software stack which allows searching within apps / websites. Elastic is to Uber what Google is to the internet. To further explain the necessity of this product, I’ll quote Scott Miller of Greenhaven Road Capital:
The simplest form of search is a search box on a website like Cooking.com where users go to search the library of recipes. However, with thousands of recipes indexed on the site, how should search results be ordered? What should be included? Do you allow for misspellings? Synonyms? If you are in charge of optimizing search results on Cooking.com, you can build your own search tool or integrate with the extensive built-in functionality of Elasticsearch.
Scott continues to make the prescient point that for companies like Uber and Tinder, search [and the data it generates] is the product.” For years, Elastic has been a vital component of the world’s most popular apps and business websites. Take a look at some of Elastic’s customers here, and note that they are all big dogs:
https://preview.redd.it/xbieql0g94051.png?width=512&format=png&auto=webp&s=b2cd658861323b3f7993744ae86270705374f41b
Shopify, Uber, Stack Overflow (Twilio too, though not pictured)… all told, over 32% of the Fortune 500 use Elastic to power mission-critical search apps. Even the peerless brokerage Robinhood—known for its elite technological focus—turns to Elastic. Also, while it is not listed explicitly, many other companies you know of also use them like Netflix, LinkedIn, Slack and more. Google a company and elastic search and you’ll probably find a blog post about how they use it.
As part of it’s support, Elastic has a holistic stack referred to as ELK (Elastic, Logstash, Kibana) that power a multitude of the needs that go beyond just supporting search, but also processing the data/logs, monitoring it, and visualizing it to identify patterns that can serve as opportunities for enhancing customeproduct experience. Their services can be used to index content for websites referred to as site search, but they also have a flavor of the service focused on Enterprise search to enhance workplace productivity.
As thousands of companies increasingly shift to online-only, WFH, and dealing with more site usage, they have two options: improve in-house search tools, or turn to a provider. That means that the company which is able to be the best provider will win over these customers and benefit greatly—they’ll be the “Camping World” of this shift.
Who are Elastic’s competitors in the market?
If you have the above needs, you will end up using either Elastic, Splunk, or Amazon Elasticsearch (which I’ll cover in the next section) to serve your needs. Let’s table Amazon for now (don’t freak out just yet) and establish Elastic as better than Splunk first.
First, Elastic’s pricing is much more forgiving than Splunk’s—vitally important given the current economic reality. Elastic recently lowered its non-enterprise grade pricing over 60% to $16.40 a month, which will be extremely appealing to cash-strapped businesses. And ESTC’s enterprise grade product is far cheaper than Splunk’s, which is priced at $2000 a year, minimum.
Further, Elastic has been designed from day-one as a full text search engine (as opposed Splunk’s machine-data parsing focus). This is better suited to the needs of non-tech businesses who are now trying desperately to give customers a satisfactory web experience. You can make your own determination based on the information in this comparison:
https://preview.redd.it/hvys389j94051.png?width=441&format=png&auto=webp&s=a7f9ec2c7d2b7de6927e7e829add9606fb90545a
Finally, I think that Elastic enterprise search is a great addition to Elastic’s offerings. Enterprise search “gives users the ability to explore content across common SaaS-based data sources (including Google Drive, GitHub, Salesforce and Dropbox) from a single search box.” For companies coordinating both WFH and shifting online, this will be a huge boon, as a single searchable repository massively improves efficiency.
Now let’s tackle Amazon. Before you go piss your pants, note that this is one case where Amazon is out of its element and has been unsuccessful despite being in market for almost five years already.
First, Amazon only became a competitor to Elastic by essentially copying it in an unethical but very Amazon-like manner (software strip-mining). However, I’m bullish on ESTC’s chances of wooing new businesses even in light of Amazon’s sketchiness: ESTC has shown willingness to fight in the courts, and they, like MongoDB (which is now at ATH despite Amazon), have other methods of continuing to be open-source while impeding unsavory appropriation from competitors. Further, Elastic has an extreme focus on R&D investment, meaning that Amazon cannot dedicate as many resources purely to search (and the dataviz that results from it, etc.). Lastly, ESTC actually can provide direct support for Elastic as a product (being the developers) whereas Amazon can only provide support for the AWS component of their service. All of this results in Amazon having far fewer notable clients despite debuting in 2015! Prime video is literally the most recognizable brand here from a consumer POV and they HAVE to use it:
https://preview.redd.it/doaxhbnm94051.png?width=512&format=png&auto=webp&s=a4bbd7afba5b7a3a791baf900adcdf47c518e3b8
Don’t believe me that it’s fine to compete with Amazon? Here’s Shay Bannon, Elastic CEO, on their last earnings call:
https://preview.redd.it/r40trvzo94051.png?width=512&format=png&auto=webp&s=fbea310253091c0c731fdffd5cb6c02bdbd1779b
In my opinion, Elastic will be the clear winner of this three-horse race, already beating Amazon and likely to beat Splunk. That’s great, because it will accelerate Elastic’s two drivers of value: existing customer spend and new customer acquisition.
Existing Customer Spend
Elastic’s customers love the product. According to their Q3 filing, Elastic’s Net Expansion Rate was over 130%, meaning that existing customers spent 30% QoQ on Elastic. This metric has actually exceeded 130% for 12 consecutive quarters. Can you imagine a service that you would triple your spend on every twelve months (except Robinhood FDs)
Keep in mind that this is how well they do in a pre-COVID world—existing customers should spend even more this quarter due to the COVID shift and a desire to cater to customers more and more. Having the analytics to optimize customer experience and retain them is priceless in this economy, add in that Elastic employs a pricing philosophy where you pay for the resources and data you use (plus support / consulting fees), and the incentives are very aligned. Validating this theory, client companies like Shopify and Twilio have emphasized an increased focus on data usage in recent presentations (images taken from Shopify’s IP and Twilio’s most recent 10-Q, respectively):
https://preview.redd.it/ro2aaawt94051.png?width=512&format=png&auto=webp&s=f2b53f8d1e125f91b9289d198318bf24d64361ff
https://preview.redd.it/x575j0au94051.png?width=512&format=png&auto=webp&s=8bf716663d9035f83d95fe8311315e66f6ab4d46
Instacart, Udemy, Robinhood, Shopify, Slack, Datadog, GitHub Soundcloud, F-commerce, Fiverr, Twilio, Fastly, Uber(eats), etc.: these are just a handful of companies which have seen usage dramatically increase. That means that they should be using ESTC even more, too and earning even more revenue.
New Customer Acquisition
Elastic was able to increase its total number of customers by 8% QoQ in Q3. This was a continuation of a positive customer growth trend, reporting gains of 700, 900, and 800 customers QoQ (adding up to 10,500 paying customers today). Elastic is good at attracting big accounts. Accounts over 100k/y have seen quarterly increases of 35, 50, and 45 QoQ to 570 today. Further, Elastic’s will continue to have a massive customer base from which to draw new customers. The ELK stack has over 500 million downloads, so there is a pretty obvious path to growth assuming customers can be converted—which they have shown that they can do. And as is argued above, Covid should be a huge accelerant towards converting more.
Also, people will be incentivized to convert because ESTC is intelligently focusing on other solutions these customers need. These include infrastructure monitoring and SIEM applications. To further bolster these solutions, they’ve made prescient acquisitions, like Endpoint Protection in 2019 (which, by the way, is a direct blow to Splunk). Additionally, revenue from the professional services (essentially customer support) category increased 43+% QoQ, showing that they aren’t ignoring the importance of the customer support driver. In these dire times, this number will only increase—many companies literally cannot afford to have their search fail. When businesses are online, it is all the more important to retain customers and maintain their purchasing habits, particularly as customers are more highly conscious of their breadth of options.
Financials:
Even before Covid, there was no question that demand for ElasticSearch was growing. Simply look at their accelerating revenue and gross profit generation, which is driven ( 90+%) by Elasticsearch subscribers. We’re seeing 40+% growth, every year, without fail, and with margin maintenance:
https://preview.redd.it/7od2p2gx94051.png?width=1600&format=png&auto=webp&s=0bfb6214981f1e336a829c714e0633a87e470a13
Put another way: “ESTC’s dominance is also reflected in their ability to sustain revenue growth around 60% w/ accelerating SaaS revenues: 70% -> 106% -> 114% which now form 22% of revenues vs 17% a year ago. SaaS has slightly lower gross margins, but overall GM has still stayed stable around 74%.”
Additionally, it’s important to point out that, due to their financial calendar, the next filing will incorporate 2 months of “Covid earnings” as opposed to only one for companies like DataDog, because Q4 2020 ER on 6/3 reflects February-April, vs Jan-March as most companies we mentioned above. That’s a double dose of COVID spikes meaning even more impressive gain opportunities!
They aren’t yet profitable (which should appeal to an autist), which is often held against them. But in all seriousness, this is not always bad—think of early Amazon. Like Amazon, Elastic spends a ton on R&D, rather than expansion:
https://preview.redd.it/dcs9zszz94051.png?width=512&format=png&auto=webp&s=7f2412f4c6019d135a8755dc300848e2483d4eda
And despite R&D spend, operating margins are trendings in the right direction: -27% -> -18% -> -18%. IMO, the question is not “if” but “when” ESTC becomes profitable, and they (like Shopify, for instance) may achieve profitability this quarter if R&D expenses are constant while revenue due to increased usage improves their bottom line (post COGS of course).
All Search and No Play Makes Stack A Dull Toy
So here’s the play. ESTC’s stock has somewhat recovered from the impact of Covid, but it’s still ~5% below where it was at its last ER at the end of February when it had a triple beat that sparked a 30% ER spike from 63$ open to 81$ high before settling near 70.
That’s despite many of its PTs being in the $80 - $100 range. However, because of the vast usage increase for their product which should occur from the en masse shift of WFH and web usage, it deserves an appreciation in price, not mere recovery. Consider its peers are all at all time highs that are 20-30, some cases 100% higher than their previous peak, and if there is another big beat across the board, or surprise profit, ESTC will likely have a similar run with series of upgrades and continuous rise up towards high end of its PT
Previously, this stock has traded at 20x+ revenue. Currently, it’s at around 14-15x, which is not accounting for the fact that this crisis should be helpful—and nor is it accounting for a stellar Q3, which was somewhat lost in the sauce. Keep in mind that stellar Q3 just had a 7c beat on earnings, and raise in guidance, and caused SP to rise 30%. Imagine what a COVID fueled beat and raise could do for the SP? I think this will all be reflected by the June 3rd ER. Additionally, it’s worth noting that ESTC has had a recent run of beats:
https://preview.redd.it/md5i1m43a4051.png?width=512&format=png&auto=webp&s=d372211deb9dcae89ec549980491cb7529827d75
Ultimately, ESTC has an unfairly low EV to revenues when compared to competitors. I think this might start to shift as their strategy which has been viewed historically as unclear, shows that it is paying off with customer traction and COVID tailwinds to approach profit in 2021 FY (2020 Calendar Year):
https://preview.redd.it/71e16x75a4051.png?width=512&format=png&auto=webp&s=cefde9ecb1e1582235ad808246ebc28388554f29
If they do beat similar to last quarter, and/or provide optimistic guidance for 2021 FY forecasts, it’s possible ESTC could surge another 20-30% into the 90s—this would put its price in line with historical averages. In any case, its average PT from analysts is ~$84.
Institutions and smart money know this. This past quarter, ESTC has been among the top ten stocks hedge funds have increased stakes in. Additionally, I don’t think this is fully priced in yet: IV is similar to its historical pre-earnings levels and likely will be inflated due to COVID related market volatility.
Gay bear case:
  1. Free cash flow and cash from operations have been down in the past few quarters.
  2. ESTC faces stiff competition
  3. Their biggest moat is probably the fact that, because they are open source, they have hundreds of thousands of independent developers—but that’s also their biggest weakness (e.g. people can misconfigure Elastic Stack causing data breaches).
  4. SAAS companies may now be “priced to perfection.”
  5. Elastic is prone to having human error related “data breaches” because people don’t know how to configure it to actually keep data private, this is getting better but you still see reports regularly of morons from high profile companies that fucked up.
Obviously, I’m bullish. But as always, look into the pros and cons and do your own DD!
If you’re searching for a play (yes I am gay), this might be it.
TL;DR:
$ESTC
6/19 $75 C safest low risk
6/19 $80 C if you want more risk / reward.
6/19 $85 C and above True wsb Yolo.
If you’re a more sophisticated brand of autist, spreads may be a nice way to lower your cost basis and avoid IV crush while still capturing high moon potential
P.S. if you’re on the fence, Splunk has ER after hours today, should be good signal of how ESTC does and it may get a boost from a beat there
My positions:

https://preview.redd.it/1l9ewsn8a4051.png?width=1408&format=png&auto=webp&s=f2cb8e0266b4b1c8580b9371fa8900b10af53388
submitted by Frostyfragzz to wallstreetbets [link] [comments]

IBKR Lite 2020 Review

Lemme start by saying I've used several different trading platforms (Robinhood, Merrill Edge, Tastywords, Schwab, TD, Fidelity), and by far IBKR Lite takes the cake in terms of my overall satisfaction. Here's why i think using IBKR Lite is #1 & hope it helps someone out there:
Pros:

Cons:

IBKR Lite Overall Score: 5/5
submitted by Mr_Ready_Finance to interactivebrokers [link] [comments]

Stock Market Investing Advice.

There has been a lot of posts recently about individuals who want to invest their money into the stock market. I have been investing since I was 19 and currently in my early 30s. I have been through a couple of market bubbles and noticed the FOMO crowd.
The reason I am writing this post on Dubai is that bankruptcy laws are different here compared to other regions. I have no argument about bankruptcy laws here, as we do not really pay tax for such protection (if you want to comment on that, please do not participate in this post).
Before I start, I personally believe that your online presence and especially Reddit should be NET POSITIVE, we all should be adding value to the community.
There is a post on how to make brokerage account made by u/AmrRDXB POST . I believe this guy is a net positive guy do this community.
There are two types of trading/investing. One would follow the stock charts (Analytical) and others would follow the company records and finance (fundamental) both approaches have their pros and cons.
In layman's terms, one will not open an MMA gym and compete the gym stud of fighters for the UFC unless they know the game, they know techniques of fighters and know who to pick, who to train, and which fighter is ready to compete. Doctors would not do surgery unless they adopt years of education and......... I hope you see where I am going.....
Investing is not soo different, you need to understand the market, you need to learn and acquire information, if there is a point where you think you know enough, that is when you should be worried.
There are plenty of books out there which discuss and inform their readers on market patterns, I personally advise each one of you who want to invest/trade to read or listen to these books. If you are not willing to spend a couple of hours on a book, then you should not gamble your networth away and maybe post on this group how the bank is calling you for debt payments.
My starter book package is the following:
Look into Catherine Wood, she is one, in my opinion, the greatest investor in our time. Her investments are future driven.
There are few youtube channels which in my opinion are very informative.
I have so much more to say, but this post is getting too long. I recently had a silly argument with one this subreddit member, who want to trade a highly leverage option trade.
One thing which I believe is important to the state. In all the interviews with the top traders in market wizards, most, if not all stated that they only practised leveraged/margin trades after years in the market and only then they could accept the risk approach.
I believe leverage/margin is the poison of our global economy.
I really hope this is helpful to you guys.
submitted by LeftTurnRightAway to dubai [link] [comments]

Weekly Match-up Discussion: Sett

Hi all! We're thinking of bringing back the Weekly Match-ups to help all who find the island that is top-lane a little easier when playing our boy, Darius. This week it's Sett and I'll try to sum up the match-up as best I can.
Introduction
Sett is a melee bruiser who has a very strong early game. He deals AD damage from his abilities with the exception of his W being a True Damage nuke. Sett favours duels in the early laning phase and is more than capable of out-trading Darius so watch out.
Abilities
Passive: Sett's basic attacks alternate between a Left Punch and a Right Punch on-attack. The right Punch gains 50 attack range and has quicker attack speed and damage scaling than his left punch.
Healing Passive: Sett regenerates 0.25 / 0.5 / 1 / 2 (based on level) health per second for every 5% of his missing health. The lower his HP the more health he gains per second making him a great at sustaining in the early game fights.
Knuckle Down: When activated will give him a speed boost and empower his next 2 attacks to do bonus damage plus a % of the enemies maximum HP. COOLDOWN: 9 / 8 / 7 / 6 / 5.
HayMaker: When damaged, Sett stores the damage as Grit which he can turn into true damage against the enemy while also giving him a shield upon activation. The more damage Sett takes, the higher the true damage and shield HP. COOLDOWN: 18 / 16.5 / 15 / 13.5 / 12.
FaceBreaker: Sett pulls in enemies at his front and back, dealing physical damage and slowing them by 50% for 0.5 seconds. If FaceBreaker affects at least one enemy on each side, all enemies are stunned for 1 second. COOLDOWN: 16 / 14.5 / 13 / 11.5 / 10.
ShowStopper: Sett RKO's an enemy champion like he's a WWE star, carrying them a short distance before slamming them into the ground like the dirty Vayne Main they are. The more maximum HP the enemy has the more damage it does to surrounding targets. COOLDOWN: 120 / 100 / 80.
Pro's
Sett's wave clear isn't as good as Darius. His abilities are very single target meaning you can easily out push him. Sett also can't roam effectively.
Sett is very reliant on cooldowns. His W and E cooldowns are very high. If you manage to bait them out you can easily E him in and punish him. ABUSE those cooldowns fellow Dunkers.
Sett has very low mobility, if you're running ghost you can easily kite around him and even run him down if you're ahead.
Sett lacks consistent damage, make the fight last as long as possible and avoid his short trades.
If you side step his W he loses a lot of his damage.
Darius outscales Sett in the late game and if Sett is beaten early his mid should be quite weak compared to Darius.
Sett's E is very inconsistent and can be hard to land. If you fight without minions he has no way of stunning you.
Sett has no disengage or escapes. Ghost that rat down.
Cons
Sett is pretty tanky and his passive that gives him more hp regen per missing hp gives him great sustain in lane.
Sett's only consistent damage is his Max HP % damage from his Q, with that he will always deal decent damage no matter if he's behind or ahead.
Sett has very strong AoE CC. His E stun allows him to easily win short trades against you.
Sett W provides very high true damage early on if his grit is stacked, allowing him to win trades by a large margin if he lands it. It also provides a meaty shield for him that can easily soak up Darius's ultimate damage.
Sett's early game is very strong and he has good dive potential. If he manages to snowball he will be very strong in the mid game.
Sett can reset his auto attacks with his Q very easily which will maximise his damage against you.
In team fights Sett can deal massive damage to your team with a well placed ult.
Sett has good tower shred. He can easily take your plates with his Q.
Tips and Tricks
Look to avoid fighting Sett in the early game unless you're confident. Sett is looking for those duels so he can snowball to mid game.
Make those fights last as long as possible. Darius will out damage Sett in the long run.
Conqueror is the best rune against Sett as it gives you sustain in the long fights. You probably want to start D blade against him as Dorans shield won't do much for you.
Bone plating is good for reducing Sett's combo damage. Ninja tabi is a good buy if you're struggling.
Wait for Sett to use his W shield before ulting him. He can easily deny your reset in a fight with it.
As Sett has no disengage jungle ganks are quite effective. Just watch out that he doesn't 2 v 1 you since he has high burst damage.
That should do it for this match-up. Please post your thoughts on the match-up in the comments and tell me what I've missed!
submitted by SamD-B to Dariusmains [link] [comments]

What I mean when I say I'm a "centrist" Democrat.

I originally wrote this for /Neoliberal, but I figured there's a fair amount of overlap in that venn diagram, so you guys might like it too!
So there's a lot of talk on social media, and especially on reddit, about what centrism means, and most people seem to interpret it as "split the difference," so a centrist might find themselves thinking something like this: "On the one hand this mother wants me to cut the bably in half, and this other mother wants the baby to remain whole, so clearly the fair, just, and equitable (and therefore best) solution is to give one quarter of the baby to one mother, and three quarters of the baby to the other mother, this way both sides walk away with something and everyone is happy." And that's a misunderstanding that I can understand, especially on the present timeline, but unfortunately that misunderstanding also makes political discourse a little difficult when someone is speaking from a faulty premise. If someone thinks that's what centrism is then I completely understand them and their homies hating centrism.
I'd like to discuss what I mean by centrism, which is not cutting off baby legs (unless the baby has committed some egregious leg crime), I like to think of it differently. A centrist has a problem, so they look to their left for the solution that progressives are proposing, then they look to their right and see what solutions the conservatives are proposing, and either choose the best of the two, or, as is much more common, take the good bits from one plan, mix it with the good bits from the other plan, and come up with a better, more comprehensive solution than either one of them on their own. Because ideally a centrist would pick the best, or best-fit, solution to the problems they're facing, they tend to do it without regard to partisan ideology. In theory a centrist shouldn't find themselves saying "Well I identify as a progressive more, so I'm picking the progressive solution," instead they'll weigh the pros and the cons, the costs and the benefits, the evidence and the theory, and choose a policy not based on political identity, but on how effective the plan is likely to be.
This is where we run into a problem in the United States: The American conservative party, the Republican party, doesn't have any solutions, they don't have any regard for evidence, most of the time the left and the right can't even agree on what constitutes objective reality, and conservative "principles" are really hard to define.
I think the best illustration of the problem of American centrism is the Affordable Care Act.
The scaffolding of the Affordable Care Act was first conceived of by a conservative think tank called The Heritage Foundation.
The outline of the Affordable Care Act was first proposed by Republican Speaker of the House Newt Gingrich.
The first successful implementation of the Affordable Care Act was put into effect by Republican Governor Mitt Romney.
President Obama, when he first took office, saw the success that Romneycare had achieved in Massachusetts, it had expanded coverage and drove down prices, and Obama, ever the consummate centrist, thought to himself: "You know, if we take what worked in Massachusetts, beef it up with some progressive ideas like a public health care option, insurance subsidies, reinforcing our safety nets like Medicare and Medicaid, slap a shit ton of market regulations in there, and we could really achieve some good in our country!"
Obama took a conservative plan that had been proven to work, and wanted to make it even better by mixing in some left-leaning policies and proposals. Centrism could be well defined as "Take what works, fix what doesn't, leave the rest behind."
Of course I don't need to tell you what happened next: Republicans, seeing a Democratic President presenting a bill first written for Republicans, first proposed by Republicans, first successfully implemented by Republicans, chose to fight against it with everything in their arsenal. It wasn't enough for Republicans just object to the progressive portions of the bill, they tore it all to shreds, the progressive and conservative policies alike, the protections, the subsidies, the regulations, the public option, the Medicaid expansion, and they even went to the Supreme Court to try to get the individual mandate, arguably the conservative crown jewel of the law, thrown out as unconstitutional.
Conservatives ran away from their own ideas, their own principles, their own plans and policies, and left progressives and Democrats holding the ball.
One of the strengths of centrism, when done rationally and in a rational political environment, is that everybody gets something that they want, this should, in theory, make bills easier to pass. "I've got this proposal and it's 50% progressive and 50% conservative, so there are reasons for both sides to support the bill." Except what does one do when the party that conceived of the conservative half of the bill instead decide to label the proposals as socialism, as the death of the American dream, as a gateway to death panels, as government overreach, and as patently illegal?
There are multitudes of examples of this: Republicans proposing an idea, Democrats stepping up to support or improve the idea, followed by Republicans throwing the idea out with the bath water. Remember when Republicans joked that "Maybe I'd appoint Obama's Supreme Court Justice if he nominated a conservative like Merrick Garland," only for Obama to nominate Merrick Garland to the Supreme Court? What do you think happened next? Do you think Mitch McConnell cooperated with the solution that both he and President Obama had proposed? No, of course he didn't, he refused to bring his own self-selected nominee up for a vote before the Senate, not because Merrick Garland wasn't a good pick, but because allowing his nomination would have been a victory for Obama.
We've got a problem in America, and it's a problem for all of us: Only one side of the political aisle is proposing reality based, empirically demonstrable solutions, which means that centrists like myself only have one real political party to even consider right now.
"How do we reduce the teen pregnancy rate?"
DEM: "Science based sex ed, foster communication with family and medical professionals, improve access to family planning services!" REB: "Abstinence only education and impair access to family planning services."
"...abstinence only education has been repeatedly proven to actually increase the teen pregnancy rate, same with defunding family planning, so I guess I'm going with the Democrats."
"How do we address the cataclysmic threat of climate change?"
DEM: "Invest in R&D, invest in clean energy, regulate fuel efficiency, tax carbon, replace all USPS trucks with electric vehicles!" REB: "I have a snow ball therefore climate change is a lie, also we should deregulate fossil fuels and end subsidies for renewable energy."
"...climate change is very real, and deregulation is more likely to increase pollution than to reduce it, so I guess I'm going with the Democrats."
"What can we do to reduce income inequality?"
DEM: "Raise the minimum wage, give people more educational opportunities, improve public education, encourage unionization, create new and better paying jobs!" REB: "Income inequality isn't real, cut taxes."
"...income inequality is real, and there's absolutely no evidence that cutting taxes promotes upwards economic mobility, so I guess I'm going with the Democrats."
"Corona Virus has killed more than 140,000 American citizens, what can we do to slow the spread?"
DEM: "Mask requirements, lockdown orders, invest in medical research, keep the schools closed, ban large public gatherings, get more doctors access to protective gear, improve our health care system!" REB: "Take a hydroxycloquine, chase it with a shot of disinfectant, then go sit in the midday sun and pray for half an hour."
"...hydroxycloquine has been repeatedly proven not to work, drinking disinfectant is bad, and UV light won't kill a pathology, so I guess I'm going with the Democrats."
"Immigration is at the heart of our nation, what can we do to encourage immigration?"
DEM: "Reform our immigration system, allow the creation of more visas and green cards, reduce the waiting period to immigrate legally, give existing immigrants a path to citizenship, make DACA law!" REB: "BY 2045 WHITES WILL BE A MINORITY IN OUR OWN COUNTRY, WE MUST STOP IMMIGRATION AT ALL COSTS, DIVERSITY MEANS WHITE GENOCIDE!"
"...white genocide isn't a thing, so I guess I'm going with the Democrats."
"Government revenues are shrinking, leading to growth in the debt and the deficit, what do we do?"
DEM: "We can start by raising the top marginal tax rates on people earning more than $250k/yr, allowing the Bush and Trump tax cuts to expire, close some of the more egregious loopholes, hire more workers at the IRS, make government operations more efficient, and there's even a little bit of room to trim the fat on the budget!" REB: "Tax cuts good, makes more revenue comes."
"...revenue growth from tax cuts happened, like, once Republicans, then never again, in fact tax cuts tend to grow the debt and deficit much more than they shrink it, so I guess I'm going with the Democrats."
"I really think we should be encouraging higher education, how do we do that?"
DEM: "Expand grants, regulate loans, give students college debt forgiveness, pay for two years of community college, public university, or trade school, bankruptcy reform, improve the quality of 'lower' education, hire more teachers, address the systemic problems that keep people from pursuing higher education, raise wages, reduce income inequality!" REB: "Why would I want to send more people to commie indoctrination centers? Also give taxpayer funding to religious schools."
"...commie indoctrination centers? So I guess I'm going with the Democrats."
"We've got a national election coming up, how do we get out the vote?"
DEM: "Funding for election security, updating our voting machines, make election day a federal holiday, open more polling places, extend early voting, expand vote by mail, reform our electoral system to encourage and incentivize voting!" REB: "Cut funding to election security, use outdated voting machines, close polling places, shorten early voting, restrict vote by mail, democracy is a Democrat hoax, reality has a well known liberal bias, this disadvantages the Republicans."
"...everything the Republican suggested would make our problems worse, not better, so I guess I'm going with the Democrats."
When the Affordable Care Act was introduced Republicans were quick to whip up a "health care proposal" of their own, which essentially amounted to a Medicare voucher program. At the beginning of the year a Medicare patient would be given a sum of vouchers for medical care, then they would have to ration out those vouchers throughout the year. Got $1,400 in vouchers and $14,000 in medical bills? Then you're on the hook for $12,600 out of pocket. (This is just an example, I can't remember the actual exact numbers.) It was widely panned by Democrats and health care professionals because it not only didn't solve any problems, but it actually made the existing problems worse. Republicans, when presented with the opportunity to implement conservative solutions to real world problems, had absolutely nothing of value to offer.
2008 should have gone like this: "Hey, the Democrats are proposing this Affordable Care Act thing, and it looks pretty good, but then the Republicans, they have this other, surprisingly good plan, and now I have to choose between them!" Instead centrists found themselves saying "Well Democrats are proposing the ACA, and Republicans are proposing something that is literally worse than doing nothing at all, so I guess I'm going with the Democrats."
In a perfect world we would have (at least) three parties:
  • A reality based conservative party, offering evidence based policy proposals.
  • A reality based progressive party, offering evidence based policy proposals.
  • A reality based centrist party, offering evidence based policy proposals.
And the American people could pick from multiple plausible solutions from multiple rational political philosophies.
Instead we've got:
  • A fantasy based conservative party, offering nothing but dogma and ideology.
  • A reality based progressive/centrist party with everybody kind of uncomfortably squeezed in, offering evidence based policy proposals.
  • No viable third party.
Progressives and centrists sort of have to share the Democratic party, because right now that's the only party in town that recognizes real problems or even allows the proposal of real solutions, meanwhile reality based conservatives have literally nobody, literally no party to represent them. God forbid you're a Republican, believe in objective reality, and haven't drank the Trump kool aid, you've watched your party just absolutely fall apart right before your eyes, and have nowhere to go. (Plug here: I'm a Democrat, and you're always welcome in the big tent, but I completely understand if you aren't comfortable or interested in that idea.)
This is going to sound controversial here on reddit, but hear me out: Conservatism and conservative ideas are not inherently bad, and can lead to good things. The Affordable Care Act was a conservative plan and it resulted in 20,000,000 more Americans getting health insurance (more, if Republican Governors hadn't turned down the fully funded, deficit neutral Medicaid expansion that President Obama included in the bill), and it would have been even better had we had gotten some more progressive peanut butter in the conservative chocolate. Eisenhower, a conservative, oversaw the construction of the largest piece of infrastructure in American history, the national highway system, because he felt it was necessary to the national defense. Richard Nixon created the EPA because he felt the need to protect the environment, he didn't turn a blind eye to the facts. George H.W. Bush was a regular donor to Planned Parenthood, because Bush was pro-life and knew that better access to birth control helped reduce the abortion rate. George W. Bush gave billions of dollars in foreign aid to Africa to help stop the spread of HIV, and that doesn't make him a political bleeding heart liberal. John McCain actually ran on cut, cap, and trade in 2008, which is.... you know, better than nothing. Conservative thinking can result in good solutions, it has in the past, it has in other countries, but the very first step, the step that modern Republicans are failing at so horrendously, is identifying real problems. They don't care about climate change, they care about the war on Christmas.
Unfortunately the era of conservative solutions to real world problems has passed, it's been a slippery slope over the past half century, but it's really accelerated in the last 25 years, today Republicans don't offer solutions, they don't acknowledge reality, and they can't even be trusted to stand by their principles (Remember, like, five years ago when Republicans said they were the party of free trade, fiscal responsibility, and family values, only for Donald Trump to get involved in a 19th century trade war, blow up the debt and deficit with unnecessary and counterproductive tax cuts, and be Donald Trump?) One of the best things that could happen for our nation would be for the Republican party to get its shit together, get back in touch with reality, and start proposing actual solutions again.
I get why progressives are frustrated sharing a party with centrists, and why centrists are frustrated sharing a party with progressives, thanks to the electoral college we're stuck with a two party system, and thanks to Republican politics one of those two parties is a cracked out meth head , so for some folks it's a little like "Do I want to live in the house with the leaky roof, or the house that is literally a tire fire built on ancient Native American burial grounds next to the old unregulated unzoned free market gas station which may or may not be run by white nationalists?"
I just wanted to take one more moment to make a plug here: As I've stated all across this post, I'm a Democrat, and I'm actually really proud of my party. I'm proud of what we've stood for and stood against, what we've fought for and what we've won, what we've done and what we've tried to do. We are an imperfect party, made up of imperfect people, we've made mistakes but I'd like to think that we've learned from those mistakes, and on the balance I'd like to believe that we've achieved much more good than harm. Being a big tent is our greatest asset, when things are working well we each make the other better, and give the other strength, and new ideas, and that's kind of what the Democratic party tries to be about. There are good reasons to join the party, and there are good reasons to be proud of and defend it, we're more than just the other option, we are the better option.
Call your Representatives and Senators, tell them you support the passage of H.R.1, the "For the People Act of 2019," because you want comprehensive electoral reform in our country, because it's never been more necessary than it is today, and because this is the right moment in history to finally fix these problems.
Thanks for reading this, I love you!
submitted by MaximumEffort433 to Destiny [link] [comments]

IF: My experience, regrets, and going forward

21M 5'10 SW: 230 CW: 169 GW: 165-170
As I approach the end of my weight loss journey, I decided to finish it off with an ode to my IF experience with a 72 hour fast and wanted to write about my experience to help me process that I'm actually at a normal BMI and I hope it'll help someone out there! Sorry (but not sorry cuz you can just not read it) for the long post in advance!

Experience:

Like many of you out there, I also grew up very chubby and as a result, I was always self conscious about it. In fact, I hated looking at baby pictures of myself until recently because I just imagined a young, chubby version of me and I couldn't stand it because I would just think "I guess I was always meant to be chunky." Although puberty started to distribute my weight around my rapidly growing height, I just kept seeing my round belly (this is due to high body fat and no muscle). In hindsight, I probably was a normal weight until junior year of high school, but due to not having a scale in my house and having high body fat and no muscle, I just kept seeing myself as fat.
Constantly seeing my body in such a negative light turned my "I guess I was always meant to be chunky" thoughts into ""I guess I was always meant to be chunky. So what?" That 2 word sentence was so detrimental as I felt hopeless and started to see myself in a cage with no way out. With a combination of the money I got from my first ever part-time job senior year (at an ice cream shop..) and that mentality, I just kept eating out and gaining more and more weight.
Moving onto college, as many of you would expect, my weight gain only got more severe. Being in a primarily Christian circle in college taught me 2 things: 1) Christians love to eat together. a LOT. Meeting up always implied a meal for some reason. 2) I was very liked by the people around me for some reason. As a result, I started to justify my weight gain with "Yeah I'm on the heavier side but not to toot my own horn, but I must have a pretty great personality (I don't actually think this in any degree) so it balances out." Not to say that personality doesn't matter or physical appearance matters more, but the mentality is the part I want to highlight. I'm just enabling myself and rationalizing unhealthy decisions and allowed for toxic decisions. Furthermore if that was truly the reasoning, why not go for both? As my college career was very eventful with a lot of ups and downs, I continued to accrue weight until junior year. At this point, I was 230 pounds and my parents would voice their concerns (my dad's side of the family has a history or diabetes so I was likely pre-diabetic). I would be that guy and constantly tell my friends "Yeah I should work out and be healthier.. I'll start next week" but deep down I rationalized myself with, "But I'm not over 250 so I'm still in the clear..."
At some point.. I just looked myself at the mirror, thought about the excuses I made, my small but inner desire to be healthy, and was disgusted by myself. For the rest of that summer (2019) I lost about 25 pounds using IF (particularly OMAD because I already basically ate once a day at that point) anddddd after such solid progress.. I got complacent. After receiving compliments from church friends and family I was happy with where I was. After all, 230 to 205 is a pretty big feat! Why should I lose more? But I was still in the obese category and my high body fat percentage didn't help. Fast forward to January, I realized I gained 10 pounds (215 now) and I had a final goal in mind: I wanted a lean physique. The 6-pack, fit, but not massive aesthetic.
From there I only did OMAD, I was pretty sedentary so I ate about 1500 calories a day and slowly started to lose weight. Then COVID hit and as much as the snack all the time attitude wanted to sink in I resolved to not come out of quarantine looking like Endgame Thor. So I continued OMAD but I stopped counting calories and just ate until I was satisfied (since I ate pretty healthy at home because most Korean foods are healthy). I lost at a pretty consistent pace but there was a freak month where I lost like 20 pounds but as fear of losing weight too quickly, I maintained weight for the following month to make sure it's real and not yoyo later. COVID also taught me how much of a social eater I was, eating out at every opportunity to be with friends. And here we are today 169 pounds, in the final stretch of my weight loss and looking back at how far I've come, I'm glad how much I've grown physically AND mentally.

Regrets:

1) Not working out/Exercising. This is the big one. Seriously. I kick myself every time I think about it. I hate and I mean HATE working out so I just kept pushing it off with "I'm making good progress without it and losing weight is like 80% diet." I started working out about 2-3 weeks ago which is better than never but what a fool I was. Even though I'm at my goal weight I have such a high body fat with no muscle I look skinny fat shirtless. Man, I've never gotten so heated at myself about anything except this. Work out.
2) Weighing myself everyday. I have mixed feelings because I liked seeing my daily progress but trade-off I got so obsessed with the scale. Like to an unhealthy level. If I ate something salty, I would get angry at myself because my scale weight went up a couple of pounds even though I know I didn't actually gain 2 pounds of fat. I started checking the scale 3-4 times a day. I'm slowly starting to get rid of the obsession, but definitely not worth. Check every couple of days, or week.
3) Did I mention working out?
4) Not understanding water weight or the benefits of drinking 3-4 liters of water a day. My apartment mate (gym rat) walked around with a gallon of water and I never understood why and always made fun of it. Looking back, I was the true fool, though I still think carrying out a gallon jug is still a bit excessive, but hey, to each their own.
5) Not eating more protein! I'm not a fan of Keto. Not because I disrespect it or whatever, it's just.. I love carbs. I can't give them up. Even if I did, if I allowed myself to have carbs I'd probably gain a good amount of weight back fast. Like I mentioned before, I mostly had Korean food which isn't devoid of protein, but there's so many more foods that are centered around carbs (rice, vegetables, soups, etc.). Although carbs definitely helped with my energy, I realized very late into the game that a good amount of protein leaves you feeling more satisfied for much longer. I had a 12oz steak one meal and I still wasn't feeling hungry by my next OMAD.
6) Not allowing myself more cheat meals. Even though no cheat meals may help your weight loss (by a small margin) cheat meals help so much with sanity that I realized the pros outweigh the cons. It's a little reminder of "oh yeah this is the stuff" and a little push, "Lose more weight so you can have more yummy food like this without worrying about your health." Just not too frequently and not TOO big of a cheat meal. Cheat meals still need moderation.

Going Forward

Well first and foremost, I'm a broken record so I'll be focusing on maintaining and working out because I still want to reach my ideal physique. I'll soon be transitioning to 16:8 and learn how to do that because I'm so used to OMAD and want freedom in my eating window. Also, I don't like breakfast foods so I'm not missing out on too much.
I also need to mentally work out of what I like to call the "fat-boy perception," which is everyone (including you) viewing you as overweight and having to move around to accommodate the weight or picking bigger sized clothes. You're a healthy weight. Relax. 170 pounds. That's you, no longer 230 you.
I also need to update my wardrobe because everything's way too big for me (out of everything this is definitely the best and worst feeling). Unfortunately, although my mall opened recently, fitting rooms remained closed so not sure how I'm going to go about that.
Whoo, again sorry for the long post, but it was definitely more for me than you guys haha. I ended up fast-forwarding and highlighting main points to shorten this already long post. Lastly, I want to be a resource to you guys, especially if you're just starting, starting to lose motivation, or whatever the case. I think I learned a pretty good amount in my research about losing weight and what not so feel free to ask questions (dm or comments) you have or about my journey that you may have (just no super specific science about how the body works questions then I'll probably have no answers). I am also act as some stranger you can brag about all your progress to because you don't want to bother your friends daily about your weight journey/encourage you!
All in all, losing weight has not only helped me grow physically, but also mentally, with self image, discipline, self-control, happiness, ridding myself of desiring instant-gratification vs the long term, and so many more I can't think of right now so if you're just starting. Do it, you got it, you'll thank yourself later!
submitted by Potential_Zero_Main to intermittentfasting [link] [comments]

Is Reach (Mirror, Express, Star, OK!) A Cheap Buy Right Now?

I've been looking for some cheap investments while COVID-19 has the market in a slump. Ideally trying to find stocks which hadn't returned to their original potential, and appear to be cheaply valued. Potentially Reach (RCH) on the London Stock Exchange meets that criteria.

https://preview.redd.it/jocg5fxuu2751.png?width=800&format=png&auto=webp&s=ab3b0d5a4e8fa806d635dadec2cc63913a5491f7
Who Are Reach?
If you haven't heard of the name before, don't worry. Reach is a collection of UK print and digital newspapers and magazines, some focusing on national news, others on gossip and celebrates, and a few on hyper-localised news. They are the largest commercial national and regional news publisher in the UK, with over 150 national and regional multichannel brands including the Mirror, Express, Star, OK!, New!, Daily Record, Manchester Evening News, Liverpool Echo, WalesOnline, MyLondon and BelfastLive.

https://preview.redd.it/bpm4y6tvu2751.jpg?width=678&format=pjpg&auto=webp&s=1f95b709dc3c26c7dd235172dac0f444e112f983
Source: Reach 2019 Annual Report
You might think a print-based company would be the last investment you would want to make when you think about the world in five or ten years. Keep in mind, in December 2019, Reach sold 40m newspapers and reached a digital audience of over 47m people in the UK, their digital offerings are growing.
With a new CEO who joined back in August 2019, a period of operational focus after buying the Daily Express and Daily Star, and now with COVID-19 there are a lot of headwinds that Reach are battling.
As this is a UK listed company, it's harder for us to get up to date information, as the fundamentals update bi-annually. Thankfully we have seen a trading update which we can talk about later on.
How Does Reach Make Money?
Print has been in decline for several years now, with that in mind it's important to make sure Reach is actively looking to diversify their income.

https://preview.redd.it/vwhruwpwu2751.jpg?width=625&format=pjpg&auto=webp&s=7d7fff695a529ca7292ec0f891e6a897cf810021
Source: Reach 2019 Presentation
As we can see, they are expanding the digital revenue but it is massively behind print, and print is declining faster than digital can replace it.

https://preview.redd.it/bnmoa5kxu2751.jpg?width=603&format=pjpg&auto=webp&s=cb02f50bb3975598bc03936f2945e3af87a51d82
Source: Reach 2019 Presentation
Looking at the breakdown for print it's the advertising which is in decline above everything else. As advertisers move to more holistic, trackable, and cheaper methods it's hitting Reach's top-line revenue.
That isn't to say Reach doesn't love advertisers. The digital offering is the new powerhouse in terms of what can be done for advertisers with customers data.

https://preview.redd.it/o5rc4meyu2751.jpg?width=1263&format=pjpg&auto=webp&s=6d7d21969cded7066ec9310306ad5dbe29c9ecf0
Source: Reach 2019 Presentation
The digital aspects of Reach have been tailored to build up a complete picture of you across all their brands. The more data they collect, the higher fee they can charge for more targetted advertising. Reach has already made this a priority within their traditional print outlets to ensure they have a strong digital offering. The vast expanse of outlets and the hyper-local solutions drastically increases the odds of Reach being able to offer you up to advertisers.
Is Reach Fundamentally Strong?
Reach has brought up other brands, currently going through an integration, and digitally upscaling their efforts, which all sounds very expensive.

https://preview.redd.it/jaznrx5zu2751.png?width=704&format=png&auto=webp&s=c46c7fe77d8024a4a460e5f9688203a56fe66f74
Source: Genuine Impact
I was taken back and impressed to find some pretty sable fundamentals for Reach. Even compared to investments in the US, Reach was showing up as a cheap buy and had a solid balance sheet behind it.
Naturally, we want to dig into the raw data to make sure we understand the business a bit more.
Carrying on with the finances, let's talk about the revenue again. Bringing in £702.5m worth of revenue is a pretty decent figure, as we know it's what happens next which matters.
The gross margin is not as high as I normally like, 47.23% means you are losing half your revenue just to make any money at all. The print business is an expensive one to be in, and this is something Reach is looking at reducing. With the two new brands on board, there are more savings to be made there operationally speaking.
Where I start getting impressed is the profit margin of 13.42%. This dipped in 2018, due to buying the other brands.
We also see a return on assets of 6.60%, and a solid return on equity of 15.81%. One thing Reach gets right is putting money to good use.
Seeing how Reach just brought some new brands I wanted to check out the debt to see if there were any clear red flags.

https://preview.redd.it/1pegtg00v2751.jpg?width=1389&format=pjpg&auto=webp&s=ccaba168a64ea98071f77964d849e15a4bfb625d
Source: Wallmine
Debt to assets of 52% is higher than it needs to be but not uncomfortably so. We do know they have drawn down an additional £25m in debt to protect their cash during COVID-19, considering the current debt is £693.2m this isn't a dramatic change. They also have £35m left on their credit facility if they need it.
Speaking of debt, I wanted to have a closer look at the balance sheet. In terms of cash, we have £20m plus £102.2m in net receivables. Then things get weird. £224.9m in equipment (told you printing was expensive) and £810m of intangible assets. These very high intangible assets could well be the value of the "brands" rather than anything you should be taking debt against. When you consider this, the debt to assets percentage isn't as attractive. Removing £810m from the assets brings it down to £518.6m, and suddenly the debt looks a bit more serious.
While COVID-19 has stalled many dividend payouts, including for Reach, it's worth mentioning as when this dividend returns it's one to hold onto. An 8.34% dividend yield which has grown for the last four years, it's suspended right now but will be returning. The payout ratio is only 20.79% meaning as the price increases the yield will drop again. Though keeping 80% of the profits does allow Reach to keep building a war chest and hopefully chip away at that debt.
Is This A Value Purchase?
The price has seen a COVID-19 related drop, and we have had some tame news about revenues being down but digital being up. We already know that a hit to print is a meaningful cut against the top-line revenue.

https://preview.redd.it/4tfxvcu0v2751.jpg?width=767&format=pjpg&auto=webp&s=f7689eaab46c9662c6fe3ef91cd713761e56aabe
Source: Google Finance
The price still hasn't recovered, and until the UK is back to work it's unlikely to. Reach won't be able to replace the missing revenue, but they can speed up their digitalisation.
It's worth noting the high intangible assets will inflate any figures for value hunters, and Reach has used this to help them raise more debt. Assuming we think these assets do hold their value, what does that mean for Reach's numbers?
A price to earnings of 2.55x is extremely attractive compared to the rest of the UK market, this is being boosted by a strong EPS of 31.50x. Looking elsewhere the numbers are much lower. Enterprise value to sales of 0.32x, and a price to book of 0.39x.
This gives us some nice headway in terms of the assets they hold, but it comes down to your belief in their balance sheet and how successfully will they bounce back.
What About The Future?
Reach-ing into the future the sell-side analysts are optimistic but not sold. In terms of the share price growth, the expectation is recovery is incoming. For a one year position, this makes Reach very interesting.

https://preview.redd.it/3m908em1v2751.png?width=1080&format=png&auto=webp&s=7e64b6ea4c0427c7b1a44b2d78cf9d760f623f5c
Source: Genuine Impact
To turn this growth into hard numbers, we are looking at a target price of £1.25~ versus the current price of £0.80~, a 55%+ increase. However, this is not enough to push all analysts into a buy position.

https://preview.redd.it/26plxxc2v2751.png?width=1080&format=png&auto=webp&s=1d6d0467f8b6abf5124a75be89296f1edc4b3d32
Source: Genuine Impact
With no clue about when the UK will return to normal, and will the UK buy as many papers again, this is a dark cloud above the share price.
Analysts are moving into a more defensive position to wait and see, for either the momentum to pick back up again or until Reach announces more promising news in future trading updates.
Summary Pros
Summary Cons
My Thoughts?
It's an old business which is trying to go digital but it still makes so much money through print. Will COVID-19 make them change their ways and drive forward with more digital innovation?
Long term the debt can get out of control, and being the biggest doesn't mean being the best. They have a strong digital appeal but they aren't making the most of it.
As a long term investment, it comes down to what they can do digitally and turning digital into a meaningful revenue stream.
Short term if you are hopefully about the UK returning to "normal" then we can expect a spike with more people returning to work. If working from home becomes the new normal, there will be long term damage to Reach.
What do you think? Is this a hopeful buy based on the UK returning to work, or do they have more to offer on the digital side? Or maybe they are an old company which has seen their day?
Let me know what you think, I always welcome any feedback!
Thanks for reading and stay safe.
submitted by kano2005 to UKInvesting [link] [comments]

Futures vs Margin

Hi all,
I am trying to understand why would anyone choose to margin trade over a perpetual futures contract. What are the pros and cons of each type of trade?
Thanks!
submitted by cortasetas to binance [link] [comments]

M21 / Jumpstart HOT TAKES + State of The Art of Cube Podcast Announcement

STATE OF THE PODCAST
For those of you who listen to The Art of Cube podcast, you may have noticed that I haven’t posted anything in 6+ weeks. This is because I’ve been devoting all my spare time and energy to my start up idea that I started working on in early May. I was actually planning on recording this episode, but it’s really hard for me to block 2-3 consecutive hours at night to record, since that’s prime programming hours for me because that’s when things are most quiet. With an article, I can at least block out 30 minutes at a time to write little by little until I have a finished product. I definitely want to continue the podcast, but the start up is my priority for now, so I’ll be on an indefinite hiatus for a bit.
Anyways, let's talk about cards!
WHITE
Angelic Ascension
White Beast Within that trades a cheaper cost for less targets and gifting your creature a 4/4 flyer instead of a vanilla 3/3. While I’m not the biggest fan of Beast Within in cube, it’s actually in a color that lacks removal and while Angelic Ascension is in a color that has all the removal in the world. Not a fan of this card in 1v1, but can be a useful political tool for multiplayer cubes I guess?
Basri Ket
Revamped Ajani, Caller of the Pride. Ajani starts with more loyalty, but Basri’s +1 grants indestructible until end of turn. Basri can snowball harder than Ajani if you have 3 non-token creatures by turn 3 and then use the -2 ability to double that number on attack step. Unfortunately, Basri suffers the same fate as Ajani in where their value is entirely dependent on you having creatures. The competition is fierce at 3-cmc white, and there are better options for aggro that are also better role players in other archetypes.
Basri’s Lieutenant
Basri’s Lieutenant is a hybrid of Luminous Broodmoth / Hero of Bladehold. It’s not as great as a midrange engine as Luminous Broodmoth, and not as offensive as Hero of Bladehold, but it’s definitely no slouch in either of those departments, especially since it’s a Persist combo enabler. Basri’s Lieutenant’s floor is essentially a ⅘ vigilance with protection from multicolored that does a mini Thragtusk impression when it dies: that’s pretty impressive for 3W. Stonecoil Serpent has shown me that protection from multicolored means protection from a decent amount of removal spells (in my cube at least), which is a really nice combination with its ability to recur itself.
While there’s an insane amount of competition at the 4-cmc slot, as far as creatures goes, I think this competes well with anything not named Palace Jailer / Restoration Angel, and rubs shoulders very well against Hero of Bladehold / Luminous Broodmoth. Seems like a shoe-in if you need more Persist combo / +1+1 matters counters support, but even then Basri’s Lieutenant seems plenty strong on its own.
Emiel, the Blessed
4-cmc Eldrazi Displacer that can grant counters. While Emiel doesn’t come with the colorless baggage that Eldrazi Displacer does, it’s important to note that Emiel can only target your own creatures. While Emiel may not seem too hot on its own in higher powered cubes, it’s important to note that it can generate infinite mana with Palinchron type creature. Also seems like a good fit for lower powered cubes that support both blink and +1/+1 counters matters.
Daybreak Charger
This is a pretty aggressive Blade of the Sixth Pride variant for a common. Reminds me a lot of Viashino Pyromancer. I don’t know too much about Pauper, but I’m assuming this is a decent inclusion if you support aggro in Pauper.
Nine Lives
I’m THAT guy who plays these types of cards in EDH, although every deck packing Cyclonic Rift makes this a poor choice for EDH / multiplayer in general. However, 1v1 cubes typically don’t have mass sweepers that can remove enchantments. The only commonly played cube cards that I can think of that can even remove Nine Lives at will are Council’s Judgment / Upheaval / Ugin, the Spirit Dragon / some random planeswalker ultimate, maybe. I’d only consider this for cube if you’re playing Solemnity for Persist combos or you’re just THAT guy.
Pack Leader
Turn all your dogs into pseudo Adanto Vanguards on offense! Unfortunately, there aren’t too many cubeable dogs at the moment, but the attack trigger at least protects itself. What makes Adanto Vanguard annoying is that it gets around most removal spells, which Pack Leader doesn’t, and it also lacks 3rd power. Not a card I’d cube today, but it’s something to keep an eye on. Let me be the first to say that I for one welcome our new dog overlords!
Seasoned Hallowblade
Speaking of Adanto Vanguards, this is probably its closest imitation? At a baseline, this is a Blade of the Sixth Pride with two relevant creature types in Human and Warrior, is a discard outlet, and can pitch a card to go indestructible when needed. I see this mostly as an aggro card though since decks that want discard outlets will probably have access to better ones, plus white is the least likely color to be played in a graveyard centric deck (in my cube at least). That being said, this has potential to be the second best Blade of the Sixth Pride variant after Adanto Vanguard, rubbing shoulders with Accorder Paladin / Glory-Bound Initiate.
BLUE
Barrin, Tolarian Archmage
Legendary Man-o’-War that with a non-mandatory bounce that hits planeswalkers and can also randomly draw you cards. While being costing 1UU is less desirable than 2U (except for Devotion), the tradeoff is well worth it. Barrin is especially annoying with Karakas since it both has one of the best ETB triggers for a 3-cmc legendary creature and Karakas can trigger Barrin’s draw ability. I have no doubt in my mind that Barrin will be the most cubed card from M21.
Ghostly Pilferer
A weird Glint-Sleeve Siphoner / Heir of Falkenrath hybrid that randomly draws you a card whenever an opponent casts a spell via flashback / cascade / aftermath / adventure / suspend / cast off top of library effects / etc effects. I’m not the biggest fan of this for tempo decks since the evasion requires you to discard a card and tempo decks typically aren’t big on using the graveyard as a resource, but this is a decent discard outlet for Reanimator / Recurring Nightmare decks. The first draw effect seems to be a poor man’s imitation of a poor man imitating Dark Confidant, which reminds me of a band that’s ripping off a band that rips off Simple Plan since other Dark Confidant effects don’t require mana to draw the extra card. That being said, the second draw ability requires no mana payment on your part, but is entirely dependent on your opponent.
This creature is a weird package of a lot of different things. My instincts tell me that its best niche will be in Recurring Nightmare / Reanimator decks, but those decks aren’t exactly hurting for discard outlets. I don’t explicitly support tempo decks, and even if I did this seems to be lower-hanging fruit at first glance. I definitely can be wrong about this card as it does seem like it can be a bit of a sleeper, but even then I don’t think it’ll be GREAT, just merely useful. Definitely cubeable, but I don’t think it’s needed too much in the decks that would even want it.
See the Truth
Sorcery speed Anticipate that can randomly be an Ancestral Recall via things like Jace, Vryn’s Prodigy / Snapcaster Mage / Chandra, Torch of Defiance / Yawgmoth’s Will / etc. Even with those synergies, I’d rather just play other 2-cmc blue cantrips in most scenarios like Impluse / Chart a Course. Putting the cards into your hands instead of drawing the cards to get around Leovold / Narset is cool when it matters. I’d only really consider this for a cube if you’re running storm since it can make the most use out of it, but even then it’s a bit hard to justify the slot in blue assuming you’re powered AND supporting storm.
Shacklegeist
I like 2/2 flyers with minimal drawbacks since a 1/1 flyer can’t trade with it on its own. If you support blue tempo, this might be one of the better evasive blue 2-drops since it has an extra toughness and can tap down other creatures. I don’t explicitly support blue tempo, meaning the 1-2 cmc aggressive creatures in a UX tempo deck are derived from other colors, so this isn’t for me, but this is a good option if you do explicitly support blue tempo.
Stormwing Entity
A 3/3 with flying / prowess / ETB scry 2 for 3UU is whatever, but any 1-cmc instant / sorcery can be used as a Dark Ritual for this (and Gitaxian Probe serves as a Black Lotus!) That being said, busting this out on turn 3 isn’t even that great. Seems like a bad Mulldrifter most of the time with less control of the mana cost for less value.
Sublime Epiphany
Cryptic Command 3.0 that according to Mark Rosewater, has 31 different combinations of options. In terms of options, it essentially has 3 out of 4 Cryptic Command’s modes: counterspell / draw / bounce (although this can only bounce non-land permanents) with Stifle / Clone (only for your creatures) attached to it. This will often be at least a 3-ish for 1 with counter / bounce / draw. The clone effect is really the x-factor for this card, where the sky's the limit in terms of how much value you can achieve.
Sublime Epiphany works especially well with Torrential Gearhulk, since it’s both a big instant the Gearhulk can target and it can also clone the Gearhulk, giving you another at flashbacking an instant from your graveyard. Coincidentally, Torrential Gearhulk is probably its biggest competition since they’re both 6 mana instant speed value spells. Personally I like Gearhulk more, but I consider every 6-cmc blue spell not named Upheaval to be interchangeable with each other. In terms of creatures, I don’t like this more than Consecrated Sphinx / Torrential Gearhulk, but I think it competes well with things like AEtherling / Will Kenrith, and I do like it more than Commence the End Game / Frost Titan.
Teferi, Master of Time
The face of the set, although I’m not too particularly impressed by this Teferi.. On his own, he’s essentially a 4-mana Dack Fayden that can’t steal artifacts. Dack is attractive because he’s an engine that can ramp / Control Magic for just 3 mana. Being able to tick up 2 loyalty every turn cycle is cool, but that -3 costs a lot for very little. I don’t think it stacks well against other 4-cmc cube spells, especially in blue. In terms of decks that want Teferi, he’s too slow in combo decks, doesn’t generate any real value in a control decks, and grindy midrange decks that incorporate graveyard shenanigans have cheaper options. I’d much rather play something like Teferi is definitely cubeable, but unless your cube is huge or you’re really into Rielele, the Everwise shenanigans, I’d rather play other 4-cmc blue value spells like Drawn from Dreams / Deep Analysis.
Teferi’s Tutelage
Seems decent if you support mill decks. Replacing itself with a cantrip and milling off that cantrip is really nice, and I’m glad they’re designing more marginal cards with cantrips built in.
Waker of Waves
A decent cantrip that can be its own self-binning reanimator target / late game finisher. This type of creature isn’t new, and compares a lot to Eternal Dragon / Titanoth Rex, and I think it’s important to go over their strengths and weaknesses when talking about these types of creatures.
Waker of Waves
PROS
CONS
Eternal Dragon
PROS
CONS
Titanoth Rex
PROS
CONS
Overall, Waker of Waves is more of a decent cantrip that just so happens to have a creature mode attached to it. In terms of 2-cmc blue cantrips, I don’t like this more than Impulse / Chart a Course, but it’s a decent pick for the #3 slot due to it being modal. I like Eternal Dragon more than most and cubed with it until Modern Horizons power creeped it out, but cards like these are still pretty decent. Not a 360 staple by any stretch, but this whale seems like a decent option for larger cubes.
Ormos, Archive Keeper
A weird Laboratory Maniac type payoff card that doesn’t even win you the game when you have no library. It at least has decent stats and can win the game on its own, but 6 mana that’s a french vanilla Baneslayer out of the box is pretty underwhelming. Untapping with it is a different story though. Assuming you can discard three cards with different names, this can potentially draw you 10 cards when you untap with it. That being said, you’re technically only up +2 cards for each activation. This is really embarrassing in comparison to Consecrated Sphinx, which draws 2 cards on curve (assuming your opponent doesn’t have instant speed removal), and can really punish your opponent trying to draw more cards. While this may have a niche in Laboratory Maniac type shells, it’s by far the clunkiest piece. It’s not a good sign to me when a card is stuck to a niche, but even then it’s not even particularly good within that niche.
Scholar of the Lost Trove
More expensive Torrential Gearhulk that can recur instants / sorceries / artifacts. Lacking Torrential Gearhulk’s flash means this can’t be used as a counterspell without something like Sneak Attack / Through the Breach, but being able to hit sorceries and artifacts is a nice upside. My issue with this card is its cost: 7 mana is a lot for most decks and puts this into cheaty face territory. Unfortunately, its ETB trigger isn’t too hot until the late game, which makes this a poor choice for cheaty face type strategies. I won’t be surprised if I see a random Oath of Druids deck in vintage rocking this. It’s definitely a cool card with a powerful ETB trigger, but its cost will probably keep it out of most cubes.
BLACK
Demonic Embrace
On the surface, this is a black Grafted Wargear. Granting flying is huge, and being able to jump start it from the graveyard makes this one of the better combat oriented auras for cube. Pairs well with recursive black creatures to make them even more threatening. If you’re looking for Grafted Wargear #3 (with Heirloom Blade being #2), this is a decent option that puts a nice twist to the effect. Seriously, granting flying is huge.
Eliminate
For those of you who hang out with me on Discord, you probably knew that I actually called this out way back as a custom designed Smother 2.0 that was sorely needed after last year’s power creep, therefore I’m taking all the credit for this card’s existence ;)
Jokes aside, this hits a lot of threatening things, especially if you’re not holding back on planeswalkers / Rabblemasters. While this has much more misses than your typical Terror effect, threats are very diversified these days in the form of creatures / tokens / planeswalkers / manlands / etc, and I think it’s important to diversify your removal as well. I’ve always said that Abrupt Decay’s stock has gone up a lot in value over the past year. While Abrupt Decay can hit artifacts / enchantments, it can’t hit manlands where Eliminate can. I’m not saying to replace your premium Terror effects like Go for the Throat / Heartless Act for this, but I do like this more than something like Fatal Push.
Liliana, Waker of the Dead
Another year without a good black 4-cmc walker :( Replace the -3 with 0: Make a 2/2 zombie or something, then we’d be talking. Otherwise, I can only see being interested in this if you support The Rack type effects or something.
Liliana’s Devotee
Seems decent if you support Zombies tribal I guess? Can’t say I like this more than Xathrid Necromancer / Grim Haruspex.
Liliana’s Standard Bearer
see Liliana’s Devotee
Vito, Thorn of the Dusk Rose
Probably one of the better support cards if you support BW lifegain matters since it’s a cheaper Sanguine Blood attached to a creature. Very passable if you’re not supporting lifegain matters.
RED
Bolt Hound
Goblin Chariot with battlecry ain’t bad for an uncommon, but overall it pales in comparison to other Rabblemasters / Phoenix of Ash.
Chandra, Heart of Fire
Shock every turn is a bit meh for 3RR. If your opponent doesn’t have a removal spell right away, you essentially paid 5 mana for a Staggershock. Her +1 is pretty strong late game if you’re hellbent-ish anyways, but I don't like this Chandra variant compared to other 5-cmc red spells.
Chandra’s Incinerator
The ultimate Magic Christmasland card. Unlike Stormwing Entity, you’re able to stack the cost reduction by chaining spells / effects. Lightning Bolt / Chain Lightning become Dark Rituals, Incinerate Variants become Pyretic Ritual, Fireblast means you can bust this out on turn 2 (in Legacy / Vintage you can cast two of these on turn 2!). A 6/6 trampler is a good threat, and being able to get double the value out of your noncombat damage sources that could hit your opponent is pretty big game. While this has a lot more value in non-singleton formats since it can just go all out on Rift Bolts / Seal of Fire effects, it doesn’t seem too unreasonable to get this out by turn 4, especially if you do run Rift Bolt / Seal of Fire / Fireblast / Sulfuric Vortex / etc. I’m not too interested in this card, but I think it does have potential if you’re looking for some spicy Magic Christmasland scenarios.
Conspicuous Snoop
Not great on its own, but it’s the cheapest way to go infinite with Kiki-Jiki, especially with Worldly / Vampiric Tutor. That being said, I don’t think it’s worth running just based on that merit since there’s plenty of 2-3 cmc options and this doesn’t work with Splinter Twin.
Heartfire Immolator
This is a nice take on Goblin Cratermaker. While it’s not as disruptive since it can’t hit mana rocks, prowess makes it more aggressive and can potentially take out creatures with bigger butts, not to mention its ability can target planeswalkers. There’s a lot of competition in the 2-cmc red creature slot, and while I don’t think this is any better than things like Young Pyromancer / Kari Zev / Earthshaker Khenra / Goblin Cratermaker, I do think it competes well with Robber of the Rich and is better than things like Dire Fleet Daredevil / Abbot of Keral Keep / etc.
Soul Sear Decent red removal option to take out bigger creatures / planeswalkers, but seems worse overall than other versatile options like Purphoros’s Intervention / Collective Defiance. Not being able to hit face is always a big downside for red removal.
Subira, Tulzidi Caravanner
Another better Goblin Chariot with a key 3rd toughness so it doesn’t trade with bears / lions / pikers. Her first ability is cheap and provides a good amount of reach for aggressive decks. Her second ability is a bit narrow, but can refill your hand later in the game. Subira is a pretty good creature with a decent baseline, but I think she compares poorly to any Rabblemaster variant since those snowball pretty hard on their own where Subira does not.
Terror of the Peaks
Purphoros, God of the Forge + Thunderbreak Regent = Terror of the Peaks? While this card would’ve been awesome 10 years ago, it’s a Baneslayer without haste in a color / slot full of Baneslayers with haste. I’m glad that they’re designing more Baneslayers with a punisher effect for targeting it, hopefully they do that with more cards in the future. If you’re looking for another Purphoros effect, this does that effect very well and is a decent threat on its own, but generally speaking I don’t think this compares to other 5-mana stat monsters like Thundermaw Hellkite variants / Ilharg, the Raze-Boar.
Transmogrify
Red Polymorph that exiles. With recent printings like Lukka, Coppercoat Outcast, Reality Scramble, etc, there’s a good amount of critical mass for a legitimate Polymorph archetype where the only creature cards in your deck are giant fatties and tokens made through spells / planeswalkers. Wtwlf123 has a pretty detailed thread about this archetype’s potential: https://www.mtgsalvation.com/forums/the-game/the-cube-forum/cube-card-and-archetype/817737-the-polymorph-deck. Oath of Druids fits well in the deck also. Personally I think this takes up too many slots / spreads super fatties too thin in smaller cubes that support traditional reanimator / cheaty face type decks, but seems like an interesting option for larger cubes looking for more cheaty face type shenanigans.
Lightning Phoenix
Poor man’s Phoenix of Ash. This is the first Phoenix we’ve seen that costs 2R instead of 1RR, which is nice. The big issue with this card is that it recurs during the end step, which makes the haste irrelevant when recurring it. Even then, this doesn’t hold a candle to Phoenix of Ash, not to mention the Rabblemaster / Hanweir Garrison variants.
Zurzoth, Chaos Rider
Speaking of Hanweir Garrison variants, this little devil does a neat impression. Being a 2/3 is always nice so that it doesn’t trade with other 2 powered creatures, as is creating a token with a death trigger that can ping anything for 1 damage. The downfall of this card is a combination of three things: it can only generate one token on attack, the token doesn’t ETB attacking, and the only other commonly cubeable devils are Rakdos Cackler / Hellrider / Mutavault. Zurzoth is essentially a worse Najeela, the Blade Blossom. While Zurzoth creates the better tokens and arguably has better stats, there’s a good amount of cubeable warriors, Najeela can generate more than one token a turn, and her tokens ETB attacking. I wish this card was a bit better, the design with the draw / random discard makes for interesting scenarios.
Sethron, Hurloon General
Mono red Regisaur Alpha, but with worse stats and a focus on an ever worse tribe (seriously, the only good minotaur I can think of is Gnarled Scarhide). That being said, you can do much worse than 6 power spread over 2 bodies for 3RR. The activated ability ain’t bad either since you’d need 4 creatures to block both minotaurs. Can’t say I’m a big fan of this card today, but the fact that Sethron triggers off any nontoken minotaur means it might have its day in the sun once minotaurs rule all of cube.
Immolating Gyre
A spells matters one-sided sweeper that hits creatures AND planeswalkers has potential for some serious blowouts. This is very reminiscent of cards with Overload such as Mizzium Mortars / Cyclonic Rift / Winds of Abandon. Not being modal and requiring a critical mass of spells is a bit of a strike to it, but it’s not unreasonable. This can be stronger than Wildfire in the late game, but Wildfire’s power comes in its land destruction and the fact that you can fire it off as soon as you hit 6 mana. Ramping up to Immolating Gyre doesn’t do too much since if you were ramping that fast, you probably weren’t playing too many instants / sorceries at the same time. I feel like Chandra, Awakened Inferno does pretty much everything this wants to do and not being able to fire this off fast makes this less attractive to Wildfire for me.
GREEN
Elder Gargaroth
A new green Baneslayer variant. Vigilance, reach, and trample on a 6/6 is great for both offense and defense. Getting a modal trigger on both attack and defense makes this one of the better true Baneslayer Angels at 5 mana, IMO. As pushed as this card is, it sadly still suffers the same problem as every other Baneslayer in that it fails the Vindicate test, plus it has to compete with other value options / planeswalkers at the same mana cost. While Baneslayers get a lot of flack for “dies to Doom Blade”, they are still inherently cubeable based on their raw power. However, they’re an all or nothing bet where their best case scenarios are still below that of their Mulldrifter rivals. Diversifying your threats / resources is important. To me, there’s no point in putting all your eggs in a single creature when the best possible scenario isn’t even better than a lower risk bet, especially when the worst case scenario is your opponent being able to steal all those eggs in one swoop. While not a true Baneslayer, I’m not even sure this is any better than Verdurous Gearhulk, which gains pseudo-haste by being able to distribute its power to other creatures.
Garruk’s Harbinger
A beefy Ophidian type creature. Hexproof from black is nice, but I like my Ophidian type creatures to have evasion. Being able to trigger off damage off a creature or a planeswalker is really good design space to explore for these types of effects, hopefully we’ll get more of these in the future.
Garruk Unleashed
The most aggressive 4-cmc Garruk variant. His pump ability is very reminiscent of Elspeth, Knight-Errant’s pump. Flying is better overall, but trample can be better in situations where your opponent has flying blockers to chump with. The first activation of his -2 ability will leave you with 2-3 loyalty depending on the scenario, which at minimum is exactly what you’d get out of OG Garruk Wildspeaker’s -1. Being able to swing for 6 with your 3/3 beasts that you generate or just turning your mana dorks into 4/4 tramplers is pretty big game for a 4 mana planeswalker. It’s nice that all the 4-cmc Garruk’s bring different things to the table: Wildspeaker ramps, Relentless is removal / can tutor for creatures, and Unleashed is just focused on smashing face. While I don’t like Garruk Unleashed more than Wildspeaker / Relentless, it’s still a very potent cube card, especially if you support green aggro. Probably better than most 4-cmc green creatures, and I do like this Garruk much more than Vivien, Arkbow Ranger since his abilities aren’t entirely dependent on having a board state. This is also a really nice option if you support a 4-power or more theme since most creatures it can boost will at least be a 4/4.
Llanowar Visionary
Llanowar Elves + Elvish Visionary = we’ve come a long way since Phyrexian Rager. This seems like a decent value card. Card draw + ramp is a match made in heaven, and this is the cheapest form of it (besides Explore, assuming you have additional lands). Let’s see how this compares to other similar green value cards.
Llanowar Visionary
PROS
CONS
Kodama’s Reach / Cultivate
PROS
CONS
Yavimaya Elder
PROS
CONS
Nissa, Vastwood Seer
PROS
CONS
Llanowar Visionary having the magical phrase of “enters the battlefield, draw a card” is something you’ll always be happy to have at any point of the game. If you’re looking for a new 3-cmc green creature, this is definitely a good option.
Track Down
Once Upon a Time, Pauper edition. While I don’t know if this is actually good in Pauper, I think Once Upon a Time is good, but not great in traditional powered / unpowered cubes. While Once Upon a Time digs deeper, is an instant, and is occasionally free, Track Down having Scry 3 means you have more control in what some of your future draws will be. That being said, Once Upon A Time is still the much better card.
Allosaurus Shepherd
This is essentially a 1/1 with a late game elf tribal pump ability. While being uncounterable / making your other green spells uncounterable, to me it’s never a reason to cube a card. Being uncounterable is more of an icing to a cake. Adding “This spell can’t be countered / your other spells can’t be countered” to a card you’re already on the fence on really won’t push it over the fence for me, where adding hexproof / trample / haste / etc to something can really push its cube viability. This seems neat for Legacy which is littered with blue decks sporting all the free counter magic in the world, but I’m not a fan of this for cube.
Neyith of the Dire Hunt
This is a neat creature that can force your opponent into awkward combat scenarios and can really punish your opponent for chump blocking. While this isn’t the most powerful green 4 drop, the fact that it can potentially draw you a card that turn you play it means it has some legs to stand on. Its pump ability goes well with its draw ability, since it forces your opponent to block the creature if able, not to mention it can just deal a ton of damage when your opponent CAN”T block. This would’ve been an interesting choice for green if this was printed 2 years ago, but I can see this being an option for lower powered cubes, especially if they support human and / or warriors matters cards.
Towering Titan
Uhh, why is this a mythic?
OTHER
Conclave Mentor
Winding Constrictor’s Selesnya cousin. More Hardened Scales effects are always nice if you support a +1/+1 counter theme, and gaining at least 2 life when Conclave Mentor dies makes it a decent roadblock vs aggro. Good option if you’re running Hardened Scales, but passable if not.
Radha, Heart of Keld
More aggressive Courser of Kruphix for Gruul. Being able to play lands from the top of your library is always nice, especially with Fastbond. Speaking of which, I’m not that big of a fan of this card without Fastbond support, and even then I’m not too high on it. Courser of Kruphix is solid because it’s purely designed to grind with its key 4th toughness / incremental life gain. Radha tries to both, but being more fragile makes her a less viable grinder, and she’s not exactly the greatest on offense. Her pump ability is sweet late game, but lack of trample / evasion is huge and can be easily walled by token generators. I also think she compares poorly to not just other Gruul cards for the same cost like Klothys / Domri, but other mono red / green cards that have more focus on either being aggressive / grindy. I can only really see Radha being an attractive option if you really want to push land / Fastbond themes, otherwise I think she’s average at best. Having something like trample or menace over first strike would’ve gone a long way.
Mazemind Tome
An alternative to Scroll Rack / Treasure Map. Scroll Rack has a very good niche in Cheaty Face type combo decks where you want Oath / Tinker hits back into your library, plus combos well with Land Tax. That being said, not having to pay mana to activate Mazemind Tome to Scry 1 is very nice, and being able to draw a card for only 2 mana is great. While this loses the ramp potential of Treasure Map, being to Scry and curve out at the same time is pretty big game. Overall I think this is better than Treasure Map, having the choice to either Scry for free / straight up draw a card for just 2 mana is more attractive than Treasure Map’s transformation. I also like this more than Scroll Rack assuming you’re not supporting combo decks / Land Tax.
Sparkhunter Masticore
Protection from planeswalkers is pretty cool, but discarding a card in addition to its mana cost, not so much. Pithing Needle / Sorcerous Spyglass are more effective at shutting down planeswalkers, although Sparkhunter Masticore can technically gun down any amount of planeswalkers given enough time and mana. Being able to go indestructible is nice, but expensive. I do like what this card tries to do, but I do think it’s pretty clunky.
Thriving Lands Cycle
Build your own ETB tapped lands is a great design and very reminiscent of vivid lands. What’s nice about this cycle is that unlike the vivid lands, these are Pauper legal! While I dont’ know too much about Peasant / Pauper, I do always hear people complain about the mana fixing and breaking rarity just for lands. I’m assuming these will be a welcome addition to Peasant / Pauper cubes, not to mention a solid option for cube builders on a budget.
Hot Takes Tier List Time!
Criteria is based on the following:
TOP
HIGH
HIGH-MID
MID
LOW-MID
LOW
NICHE
BOTTOM
FINAL THOUGHTS
Let me know if there’s a card that I missed and I’ll respond back with the hottest of takes! Also, feel free to join the Online Cube Drafts Discord Group to discuss all things Cube plus use Xmage to host tournaments to draft / play with our own cubes! https://discord.gg/wRVzHQR
submitted by steve_man_64 to mtgcube [link] [comments]

Practical Limits of Broker APIs? and One Triggers Another nuances

I'm using the TD Ameritrade API, but I'm wondering about the following limits you've experienced with your broker and their API (TD Ameritrade or otherwise):
As a practical matter if anybody has experience, I'm wondering about the pros and cons of One Triggers Another vs. sending all N orders simultaneously if they're market orders, and you don't care about the order of order execution so much. The biggest weakness I see is potentially blowing your margin equity percentage for a short period of time if you don't manage it strictly, but the biggest strength would be being able to assert a final position quicker? Or does it not matter because perhaps the broker enforces serialization and execution speed takes longer than client broker latency? I also have the irrational? fear that the broker could sell the OTA order information to 3rd parties? Thoughts?
submitted by zenonu to algotrading [link] [comments]

MCS | What is a Taker Order?

MCS | What is a Taker Order?
\This post has been written by Hedgehog, an MCS influencer and one of Korea's famous cryptocurrency key opinion leaders.*

https://preview.redd.it/ljo4mokqswh51.png?width=1024&format=png&auto=webp&s=fc5af719b265e43033fb3fef83f119fbe7a438f1
#Be_a_Trader!
Greetings from MCS, the derivatives trading platform where traders ALWAYS come first.

Following my last post about the Maker Order, let me explain about the Taker Order in this post.
👉 MCS | What is a Maker Order? : https://bit.ly/31Z3vwE
Taker orders are really easy to understand if MCS traders have a good understanding of the concept of maker orders. If the concept of placing a maker order is not yet established, I strongly recommend that you first read my maker order post.

🎯 What is a Taker Order?

Taker orders are orders that are executed as soon as you submit your order. Because Taker orders are executed immediately upon submission, they are not piled up in the order book, unlike maker orders, and are called Taker Orders because these orders are simply taking maker orders already placed in the order book so that the Taker Orders are filled immediately.

https://preview.redd.it/ol9oe80sswh51.png?width=617&format=png&auto=webp&s=a0d7d0e21f95a8d5898d7a219abd96b2466e6771
Example) If you have an order book like the one above, and you submit a sell order with a price of $12,362.5 or more, your order will be a Maker order that is accumulated in the order book. However, if you place a sell order for less than $12,362, your order will not be placed in the order book and will be filled immediately with the existing buy balance. In this way, the order submitted and filled by someone else's counter orders in the order book is called a Taker order.

🎯 There is a trading fee for a Taker Order.

Taker orders are executed immediately using up the liquidity provided by fellow MCS traders, so unlike maker orders, you pay a trading fee. In the case of the MCS BTC/USDT Perpetual Contract product, a 0.045% trading fee will be charged since the Taker order trading fee discount event is currently live.

🎯 Maker Order vs. Taker Order

If you correctly understand Maker and Taker orders, one question might pop up in your mind. Is placing a Maker order better or Taker order better? There is no right answer to this question. This is because in some cases Maker orders are better, and in some other cases Taker orders rule.
Maker orders have the advantage of receiving a rebate when someone fills your order, but you have to wait indefinitely for someone to complete your order. The price may move while you are still waiting, and you may miss out on the perfect buy/sell timing. (quite often) On the other hand, there is a drawback of paying a trading fee for Taker orders, but it has a huge advantage that the order is executed as soon as you submit it.
The pros and cons of both Maker and Taker Orders are very clear, so I hope that MCS traders use them wisely in their trading strategies.
In the next blog post, I will tell you about the Hidden Order that others do not cover.

I am a Bitcoin margin trader, Hedgehog. Thank you for reading this post.
🔸 MCS Official Website : https://mycoinstory.com
🔸 MCS Telegram : https://t.me/mycoinstory_en

Traders ALWAYS come first on MCS.
Thank you.

MCS Official Twitter (EN): https://twitter.com/mycoinstory_mcs
MCS Official Facebook: https://www.facebook.com/MyCoinStory.official
submitted by MyCoinStory to MyCoinStory [link] [comments]

MCS | The Record High Gold Price! What's going to happen to the price of Bitcoin, the digital gold?

MCS | The Record High Gold Price! What's going to happen to the price of Bitcoin, the digital gold?

\This post has been written by Hedgehog, an MCS influencer and one of Korea's famous cryptocurrency key opinion leaders.*

https://preview.redd.it/mq4voa301cf51.png?width=1280&format=png&auto=webp&s=3c92a18bcb75f2f10e8dee1e0ba27d121fdc8368

#Be_a_Trader!

Greetings from MCS, the derivatives trading platform where traders ALWAYS come first.

https://preview.redd.it/uaryqg421cf51.png?width=1302&format=png&auto=webp&s=049a3413ff1392c1f579e84e9a14cac76959e12c
For the first time in history, the world gold price has topped $2,000 an ounce. Quantitative easing in major countries has brought astronomical amounts into the financial markets. In addition, Nasdaq is also setting a new high in anticipation of further economic stimulus agreements in the US this week.
Financial experts cite the followings for the main causes of the recent gold rally.
👉 First, experts analyze this intensification of the gold rally was caused by the stuttered US dollar rebound and the lowered US Treasury yield. In particular, as the US government's discussion on further economic stimulus measures to alleviate the global economic damage caused by COVID-19 from Wuhan, China is expected to come to an agreement this week, many speculate that this will lead to a drop in dollar value. Although the White House, Republicans, and Democrats have yet to narrow their views on additional stimulus measures prolonging the negotiation, it is very likely that the release of more dollars in the market, in the sense that everyone agrees on the need for additional stimulus, will relatively increase the value of gold.
👉 Second, some say that “the central banks in many countries will continue to buy gold to promote gold prices” referring to cases where central banks' buying of gold increased their gold prices during the 2009 global financial crisis.

"How high will the gold price go❓ "
Most experts believe that the gold price is still far from its limit. Especially, the Goldman Sachs Group is looking at $2,300 an ounce, Bank of America from $2,500 an ounce to up to $3,000 an ounce, and RBC Capital Market $3,000 an ounce.

https://preview.redd.it/vdk9z7251cf51.png?width=1308&format=png&auto=webp&s=057fc3749ebb69d881d5c0f1dbb35e8d075c7b89
The price of Bitcoin, also known as a safe digital asset, also remains in the $11,100 to $11,300 range ever since it recently broke the highest point of $12,000.

https://preview.redd.it/98v29w551cf51.png?width=2272&format=png&auto=webp&s=50b3957a0cffaa121d49c38e083223780841a3a9
Bitcoin, the No. 1 market capitalization among cryptocurrencies, has a market capitalization of approximately 200 billion USD as of August 5, 2020. This is more than the global stock valuations of Intel and Coca-Cola.

https://preview.redd.it/z6cxe1y51cf51.png?width=2560&format=png&auto=webp&s=6e74da23155fd6a4b9fe2521c61cbf4bd8bd9b94
A cryptocurrency media outlet, CoinDesk recently said that "Bitcoin recently hit a market high of $11,480, but there was a sign of buyer (buying force) fatigue in the technology chart. If the price falls below $11,000, it could retreat back to, before resistance now support, $10,500 (the highest point in February). However, if Bitcoin continues to settle above $11,400 on the time chart, it is highly likely that the rally will go above the latest high beyond $12,000".
I believe now that the value of gold, a famous safe asset, is the highest ever as the U.S. government has tentatively agreed to invest an additional $1 trillion in economic stimulus, the Bitcoin is also preparing to its rally again. I also think that since it is the post-halving period with the good news waiting in line including the Ethereum 2.0, we have enough momentum to rally more than $20,000 by the end of the year.

💡 "Nothing is permanent in this wicked world - not even our troubles." - Charlie Chaplin
All financial assets, including Bitcoin, the cryptocurrency leader, cannot be bullish forever. In the long run, they can gradually rise by stepping up the lowest price point, but there are a lot of ups and downs along the way. MCS traders can enjoy a bull market while preparing for a bear market on the one hand.

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On UPbit and Bithumb, the major cryptocurrency exchanges in Korea, one can profit in a bull market, but it is very difficult to realize profits in a bear market, nless you are a master of flipping,. As a result, many cryptocurrency traders will turn their attention to cryptocurrency derivatives exchanges in bear markets.
After a successful launch of the Bitcoin perpetual contract product, the trading market on MCS is vigorously moving. The perpetual contract, one of Bitcoin derivatives, can short sell (betting on price drop) in the bear market, making it easy to profit even if the full-fledged bear market starts. In addition, even in today's bull market, you can take long positions (betting on rising prices), and you can use leverage to amplify your investment beyond the assets managed you own, enabling very effective Bitcoin trading.
*If you use leverage, the risk is significantly higher, so please be cautious of the risk and trade safely.
I hope this post helped you to understand the pros and cons of Bitcoin perpetual contract better, and I really wish that you realize your financial freedom on MCS, a cryptocurrency derivatives trading platform!!
I am a Bitcoin margin trader, Hedgehog. Thank you for reading this post.

Traders ALWAYS come first on MCS.
Thank you.

MCS Website: https://mycoinstory.com/
MCS Official Twitter (EN): https://twitter.com/mycoinstory_mcs
MCS Official Facebook: https://www.facebook.com/MyCoinStory.official
MCS Telegram Chat (EN): https://t.me/mycoinstory_EN
submitted by MyCoinStory to MyCoinStory [link] [comments]

Welcome to Great League PvP: (part 6) Teams (Azumarill, Flyer, and Grass leads)

Part 5 here
Hello I’m back with the writing. The Great League (GO Battle League) meta has been consistently changing, and there’s no way I can cover all of them. In this part and the next part, I will be featuring more than 30 teams (grouped by lead Pokémon). I hope there will be fewer move changes in the future (ok tbh I’m just lazy and don’t have time to update my original parts every month 😅)
What is the definition of a good team comp? There isn’t really anything specific. Generally, a good team consists of a core and a Pokemon that counters few opposing Pokemon that may break the core. Here are some examples and analysis:

Azumarill as lead

Azumarill is a great option as a lead due to its awesome bulk, typing, and coverage moves. The hardest meta losses are against Grass. Have you ever encountered a Grass lead in GO Battle League? There might be, but they are quite rare. Grass leads are more common now than ever in the Azumarill meta.

Azumarill + Registeel + Meganium

Potential counters: Marowak (Alola), Meganium
Great against: Fairy, Psychic, Steel
Meganium is tanky and hits hard. Frenzy Plant kills Azumarill left and right; Earthquake deals heavy damage to Registeel.
Marowak (Alola) with Shadow Ball is deadly to this team if Meganium doesn’t land Earthquake. A good IV Azumarill can win, though, being able to tank 2 Shadow Balls.
Against Steel, Meganium can win with Earthquake, Azumarill with Hydro Pump, Registeel with Focus Blast These moves are end-game nukes and performs best after shields are down.

Azumarill + Skarmory + Whiscash

Potential counters: Hypno, Mantine, Mew
Great against: Altaria, Froslass, Togekiss, Sableye, Fighting
Skarmory + Mudboi is always a good core, covering each other’s weakness hard. That said, Thunder Punch Hypno is the core breaker, and Azumarill doesn’t really solve that. They don’t lose hard, though.
This team is safe from those Altarias flying around hunting noobs. Azumarill also tanks Togekiss Charms like a boss.

Azumarill + Registeel + Deoxys (Defense)

Potential counters: Lanturn, Registeel, Quagsire, Raichu (Alola)
Great against: Mantine, Scrafty, Vigoroth, Fairy, Steel
Deoxys (Defense) is still decent even after the Psycho Boost nerf. The team doesn’t lose to its counters hard, but also doesn’t win by a large margin. Overall it is great for general coverage and neutral matchups.

Azumarill + Toxicroak + Probopass

Potential counters: Bronzong, Deoxys (Defense), Hypno, Jirachi, Quagsire, Swampert, Whiscash
Great against: Bastiodon, Magneton, Umbreon
Ouch, even with a Steel tank, it still seems pretty weak to Hypno. Plus, more weakness to Mudbois. So how does this team work? Toxicroak can deal with Steel tanks; Probopass for Flyers; Azumarill for general coverage.
Bastiodon can be used in Probopass’ spot if you have one.

Azumarill + Vigoroth + Umbreon

Potential counters: Toxicroak, Tropius, Venusaur
Great against: Haunter, Muk (Alola), Sableye, Swampert, Whiscash, Steel
Vigoroth is still useful outside of Jungle Cup, it’s ranked 41 on PvPoke with a 87.6 score.
Grasses have an upper hand against this team, while Toxicroak (especially near full HP) is hardly stoppable after Azumarill is down.
Mudbois and Steels are afraid of this team, which is generally decently spammy and tanky enough to survive at least 1 Charged move.

Flyer as lead

As described above, Altaria can handle noobs most non-meta Pokémon well, making it a great lead at lower ranks. Even more, it is still decent against meta Pokémon (until it faces a Steel), that’s why it is the No. 1 sorry No. 2 now in PvPoke ranking.
Skarmory is similar to Altaria, trading Dragon for Steel typing and killing Grass Pokémon. Note that it is way more expensive than Altaria to add the second Charged move.
Charizard also works in the right matchup, and Blast Burn hits very hard when unshielded.

Altaria + Deoxys (Defense) + Registeel

Potential counters: Mew, Raichu (Alola), Whiscash
Great against: Bronzong, Cresselia, Scrafty, Vigoroth, Venusaur, Victreebel
The only way the team can fight back to Daddy Cash is Altaria shielding the Blizzard. Deoxys (Defense) can put in a good fight, but Psycho Boosts nerfing attack really hurts it badly over time.
The team is also a bit iffy against Raichu (Alola) and Mew (with Ice Beam + Wild Charge), lacking reliable counters to them.
Vigoroth seems like a good safe switch into this team, but no, it isn’t, every Pokémon here beats it. Don’t switch out if you encounter one switched in (Vigoroth with energy lead is quite dangerous).
As for Grass Pokémon, welcome to farm city. Farming up to 100 energy before killing them with a Charged move is highly recommended whenever possible.

Altaria + Whiscash + Hypno

Potential counters: Froslass, Mantine, Umbreon, Whiscash
Great against: Bronzong, Deoxys (Defense), Haunter, Lanturn, Toxicroak, Raichu (Alola), Quagsire
You need Dazzling Gleam on Altaria to cover Dark. However, even with Dazzling Gleam, a perfect PvP IV Altaria still barely loses to Umbreon with 3 HP left. If you go straight Sky Attack, you can theoretically win if you fire it off at the right turn. However, it is practically impossible with the lags and missing a turn = lose.
A Froslass switch-in can beat this team, using Charged moves fast. Even Whiscash can’t guarantee a win.
It’s great against many things, but definitely not specific.

Skarmory + Deoxys (Defense) + Azumarill

Potential counters: Haunter, Hypno, Lanturn, Mew, Raichu (Alola)
Great against: Azumarill, Bronzong, Cresselia, Froslass, Jirachi, Medicham, Scrafty, Toxicroak, Vigoroth
Lanturn and Raichu (Alola) can give this team trouble; all 3 are weak to it. Hypno covers Skarmory + Azumarill with Thunder Punch, and Deoxys (Defense) with Shadow Ball.
Meanwhile, the team is pretty safe against common Fighters thanks to their typing.

Skarmory + Medicham + Lanturn

Potential counters: Deoxys (Defense), Haunter, Hypno, Raichu (Alola)
Great against: Bronzong, Forretress, Muk (Alola), Scrafty, Vigoroth
Skarmory + Lanturn is a nice core. Medicham covers the Mudbois where their matchups are a bit iffy. Overall it is weak against Psychic (blame Medicham here), but good against Dark.

Skarmory + Tropius + Azumarill

Potential counters: Bastiodon, Mew, Melmetal, Registeel, Skarmory, Raichu (Alola)
Great against: Clefable, Forretress, Medicham, Quagsire, Swampert, Togekiss, Toxicroak, Vigoroth, Whiscash, Wigglytuff
Pretty tough to beat, right? Steel tanks seem to be good answers to this team, countering Skarmory very hard. Though Hydro Pump Azumarill beats it IF the little water mouse can get it. Big if.
But that is a looooooooong list of Pokémon the team is great against. Fighters can do nothing in even matchups. The team is too tanky for Charmers to Charm down.

Skarmory + Swampert + Venusaur

Potential counters: Altaria, Mantine, Skarmory
Great against: Azumarill, Mew, Scrafty, Vigoroth, Whiscash, Wigglytuff
Again, Skarmory + Water is great. But this time the Water is a Mudboi, making it perform slightly worse against Flyers. Venusaur doubles up Water coverage, which is … pretty nice I think? Considering Water is common.
There is NOTHING in Great League meta that counters all 3 Pokémon hard.

Skarmory + Azumarill + Whiscash

Potential counters: Lanturn, Raichu (Alola)
Great against: Froslass, Jirachi, Muk (Alola), Quagsire, Sableye, Togekiss, Toxicroak
Kieng has featured this team in his own video. Azumarill is generally the safe switch in a bad matchup. You may check the video here, I’m sure he is better at explaining this team’s pros and cons.
In my perspective, Raichu (Alola) with energy can be a threat as it might beat all 3 (you do have to land Grass Knot against Whiscash, though).
Catch the Grass with Skarmory and win.

Skarmory + Sableye + Deoxys (Defense)

Potential counters: Lanturn, Umbreon
Great against: Cresselia, Jirachi, Medicham, Toxicroak
Sableye performs great with energy advantage and is only weak to Fairy, making a decent safe switch. Even when it’s up against Azumarill, it can usually survive the switch clock by double shielding. You don’t even need to have Power Gem
However, this team has a huge weakness to Umbreon if Skarmory can’t take it low enough.

Charizard + Lapras + Swampert

Potential counters: Mew, Quagsire, Sableye, Swampert, Umbreon
*Great against: Froslass, Hypno, Muk (Alola), Skarmory, Steelix, Wigglytuff, *
You double up on Water, that’s great. Lapras will be your safe switch when necessary. If a Grass bypasses Charizard, it’s not a big rip if you still have Lapras. Raichu (Alola) with a shield advantage is devastating to this team.

Grass as lead

Most likely you’re going to switch out in an unfavorable matchup, so double up the safe switch if necessary.

Meganium + Marowak (Alola) + Lapras

Potential counters: Altaria, Bastiodon, Haunter, Scrafty
Great against: Bronzong, Clefable, Raichu (Alola)
If Altaria passes Lapras, then you will be in big trouble. Scrafty also has great matchups against this team thanks to its typing.
Marowak (Alola) and Lapras are monsters with a slight energy lead. This IS a pro. When facing this team, soft counters might not work well if you don’t switch fast enough.

Tropius + Lanturn + Azumarill

Potential counters: Haunter, Magneton, Raichu (Alola), Tropius, Venusaur
Great against: Scrafty, Toxicroak, Vigoroth, Fairy
Yeah…, they’re weak to Electric. But hey, can’t complain when they have resistances to Fighting.
Meanwhile, they outbulk (and obviously outspam Charmers). They might not be common, but when you face one, be prepared to win pretty easily.
Try to catch Altaria with Azumarill and Skarmory with Lanturn. Sacrifice Tropius if you face Altaria in the lead. Being weak to Grass isn’t just for show after Tropius is down, though. Ice Beam might take the Grasses low, but unlikely to kill.

Mid-conclusion

Azumarill and Flyer leads are great because they pair well with many Pokémon and have excellent resistances.
Well, that’s 16 teams analyzed. More coming soon later this week. I promise I will publish all teams in the series before Season 1 Great League ends.
submitted by 333-blue to pokemongo [link] [comments]

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