And what specifically have you contributed to society?
There's not many people I don't respect, for what it's worth. I could write a book about proper algo design, but I'll try to answer your question...
In the HFT space, this holds true. Outside of that, there is a multitude of clever designs that can trade as little as a few trades per day,...
If you think algo trading is just applying indicators and backtesting, you've been misled. I wish it was that easy.
Ok, so where would you manually have exited if it didn't revert and kept going up? These aren't decisions you want to be making in a fast runaway...
This pretty much sums it up. Without a true understanding of signal processing, don't dare jump into the whipsaw. Donate your money to charity...
You're a funny guy volpri. I stand firm on my opinion, but forgot to add overcomplicated before horseshit.
All horseshit with no quantitative basis.
Imagine no tail, and your stop did get triggered, and after that, it went up 5x the bar length and never came back. You getting the point?
HARD Your brain is slower than a supercomputer. This is one thing you don't get cute with.
Regardless of the general consensus, I believe that it generally pays to be somewhat a "jack of all trades". Really hard to starve if you're...
Your response lacks conviction. Take a good look at your past samples/trades and testing/execution capability.
What's more relevant is whether he truly has a competitive advantage, or not. No edge, no trading career. Forget all the psychology risk...
It's best not to perceive bottoms, or tops at all. Euphoria and capitulation appear obvious only in hindsight. Best to build a model that...
Enlighten us then. Tell us how you paved your way out of the rat race, to financial freedom, working a "real job".
Like cleaning toilets maybe? Or humping drywall?
I can agree with that. Definitely some smart guys there.
I beg to differ. I see it more like the blind leading the blind. Having read through many posts over at the Quantopian community, I couldn't help...
DTN IQ
I can't discuss the process publicly in detail, but volatility based studies would be a good starting point.
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