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by useranme 3055 days ago
If one has the ability to trade when the price moves, one makes more by selling Nvidia in the beginning of a dip and buying it on the uptrend.

Wall Street not understanding tech that much isn't as important if Wall Street can react to the price change.

2 comments

But doesn't someone else have to buy on the dip and sell on the uptrend for that to work? Who would be doing that? Oh, my pension fund just called! Ahh....
OPs point is still good though. Retail investors can often have “one-up” on the industry. Investing into that edge can be a real advantage.
The OP is deluded. Yes, on the earnings call they're not sitting there saying "guys, girls, Nvidia stock is going to be driven up by ML" but that's not because they don't know, it's because there is no value at all in them disclosing this. Everyone on the call knows it, what they are trying to do is to shake lose some info on one of the cashflow facts that can then be used by an activist to squeeze the Nvidia board into cutting investment and issuing a dividend. If you think you have an edge on people who are paid to do a job I suggest that you take up cage fighting - it will provide a set of instructive lessons on the limits of amateur capability. Some people get lucky, most people get poor, everyone else invests in indexes.
Wall Street might be aware of ml but they underestimated how much of an impact it would have on GPU sales.

> If you think you have an edge on people who are paid to do a job

As I said, they are too concerned with the next three months, not the next two years.

Also, like how many people on wall street specialize in nvidia analysis? And I do think that it's possible for an amateur to beat a professional under certain circumstances.

Also please listen to the earnings call. It should be the Q2 one.

I used to believe the same thing. Then I came across these two posts that made me realize one can make a more by day trading:

https://bitcointalk.org/index.php?topic=60501.0

https://forum.gekko.wizb.it/thread-100.html

You can make a ton day trading, but the edges don't last long. I've seen several cycles of this, and it's worse than knowing the latest javascript fad. The markets change, approaches change, and techniques change. On a positive note, you really only need to hammer on an edge and succeed once to buy more than enough time to develop the next one.