The phrase “divide and conquer” is confusing. “Divide then conquer” is better.
Divide then conquer is a strategy as old as war itself. The idea is to split your enemy into two or more competing factions. It is then easy to join with one and conquer the other,or just to let the two sides fight it out and weaken each other.… read more “Divide Then Conquer”
A company named “snowflake” (this is a real company), that has spent $623m to earn $265m in 2020 (SGA is 3x revenue!) went public for $64 BILLION. And NKLA, a publicly known fraud, still is worth $12.4 BILLION.
And the head of the Federal Reserve said they are going to try to get inflation by pumping cash in the market through 2023.… read more “Stonks”
I recently realized I should set up a trust fund for each of my children. There is a strong stigma with a “trust fund baby”, but a trust fund for kids is actually extremely common and does not necessarily mean the family is wealthy or the child is spoiled. The trust fund is set up so that if the parents are not around for the child, the child has assets to survive.… read more “Setting Up A Trust Fund For Your Child”
Interactive Brokers will sometimes return an error if a programmer is not using the correct minimum tick amount for an order. I ran into this and received the error:
“The price does not conform to the minimum price variation for this contract.”
This was strange to me as the function reqContractDetails returned a minTick amount of 0.0001… read more “TWS API – Solving Incorrect MinTick / Price Increment”