Thread for 2024: https://news.ycombinator.com/item?id=38782613
Thread for 2023: https://news.ycombinator.com/item?id=33873800
Here are mine:
Technical skills:
- Among my last year's goals was to take on VR dev, which sadly I did not get to. Punting it to 2026. I'm thinking to get the Samsung Galaxy XR and experiment with some VR apps and learn the fundamentals of spatial computing. As an Android mobile developer, that feels like a natural extension.
- Complete the "UCSanDiegoX: Computer Graphics II: Rendering" computer graphics course. I did the first course in the series and found it enlightening (no pun intended)
- Create an e2e project that earns money as a side gig. It's time to put my product and technical knowledge to practice and actually build something people want.
- Leverage AI across all my endeavors. AI tools are here to stay and the more I know how to use them effectively, the better. The speed boost in learning a new framework/concept is phenomenal.
Non-technical skills:
- Expand my social circle - the unstable tech climate made me realize the importance of maintaining a healthy social network. My goal is to connect with more people both inside my company and outside, by both proactively reaching out and going to meetups in my area. In fact, I invite fellow NYC-based HN-ers to contact me at cybercreampuff at yahoo dot com, in case you want to meet up!
hu3•1mo ago
Quite the adage but I have come to realise that I only ever learned to work, not to make money. I make a good living from consulting. But selling your time only gets you so far.
So I'll probably hire. And probably find out all my previous bosses weren't so wrong with their complaints after all.
LouisSayers•1mo ago
> Edit, I say this as someone that has been learning to trade the last 6 months. To be completely transparent I've actually overall lost money doing this, but have also brought my account back up from having halved to almost break even a couple times now and can definitely see the possibility of doing very well. If I was better at following instructions I would 100% be profitable. The YouTuber I mentioned doesn't sell any courses.
> Edit 2, screw you guys for the downvotes. I'm sharing something I've found useful. You don't have to buy into the idea, but there are some people who do very well off of trading. Hence "if it's a match"
qnleigh•1mo ago
Here's a good video that makes a case for this. Even if you don't agree, you might find some of the points he makes interesting. But tl;dr, he argues that index funds basically always outperform other methods, so one should primarily invest in things like that.
[0] https://youtu.be/T71ibcZAX3I?si=5kEkLoUhHDkajlyy
LouisSayers•1mo ago
So who's on the ends of the bell curve?
qnleigh•1mo ago
LouisSayers•1mo ago
You're assuming that you need privileged information that is not available, but what I'm trading is basically the big player moves - indicated by movement volume in a stock.
You don't need all the info, there are emergent patterns that result for stocks that make big moves over time.
Not every stock that matches one of these patterns will be a winner, but you can base a strategy around this that allows you to have enough success, especially when you combine this with other attributes of the stock (and market conditions) at the particular point in time.
I'm openly aware that so far I'm in the negative. However most of this is due to me not having sold when instructed to (holding onto "favourite" stocks). Very close to break even currently, so no harm done after 6 months playing in the market.
smileysteve•1mo ago
The most profitable (and effort efficient way) is to routinely invest in a broad basket of stocks over a long period. Ie Voo and Hold.
brcmthrowaway•1mo ago
LouisSayers•1mo ago
Personally I like to do primarily tech stocks and mix it up doing swing trading (holding multiple days) with a bit of scalping as well (buy / sells over minutes).
At first I lost a lot of money scalping but now I seem to have a much higher success rate - you start to notice certain patterns in the way stocks move if you watch the charts long enough, and I've been learning to have more conviction in my positions.
brcmthrowaway•1mo ago
LouisSayers•1mo ago
LouisSayers•1mo ago
Does it follow then that no-one is beating the index consistently?
Of course there are people who are not a statistic. Maybe not everyone is made for it, but that doesn't mean noone is out there beating the market.
Maybe its hard if you're a hedge fund, but I'm talking about individuals with relatively small accounts.
stuffn•1mo ago
Moreover if you can get an edge that is even 2-3% over a coin flip all you need is risk management to make money.
Not understanding this is how you go broke. I traded for a number of years and did well. It was not hard to regularly beat the market, especially in futures and options.