Cost of Programmer to automate

Discussion in 'Automated Trading' started by bouncy, Jan 28, 2008.

  1. This was an interesting thread at one time.

    I think any elementary school student would understand that he was asking you to insult him directly versus the entire country, and I don't think freedom of speech or the KGB had anything to do with his polite request.

    Political posturing and propaganda is bad no matter which side of the fence it comes from.
     
    #71     Mar 29, 2008
  2. Jerry030

    Jerry030

    John,

    My point was that he is a product of his political and social culture. If he wants to state how programmers operate in The Russian Federation that's fine. I could care less. But when he insists the software process is the same in America, it's just plain silly. So I'm attempting to explain to him why he can't see that...the social conditioning of his country, which was to manufacture illusion and insist that all members of society accept it. If wants to continue in that mode I don’t care except when he wants to foist the illusions on to me.

    Jerry303
     
    #72     Mar 30, 2008
  3. RedRat

    RedRat

    OK, what do you know about flaws of the Soviet system? Are you one of ex-USSR citizens who left Russia in 80th to move to USA?
     
    #73     Mar 30, 2008
  4. That really depends on the industry, application etc. For example if you are building software to run telecomms switching equipment, I am 100% confident that the process will be formal with design docs, formal test plans, code reviews and whatever.

    I recall working on a contract for a Telco where you could just about stick a semi-colon on the end of the lines of the pseudo code and compile it. It was a horrible job and I declined their kind offer to renew my contract.
     
    #74     Mar 30, 2008
  5. epetrov

    epetrov

    Hello guys,
    I'd like to tell you that the computers can do arbitrage on diffrent markets, but they are not very useful aside from this.
    Don't lose your time and money.
    :D
     
    #75     Mar 30, 2008
  6. Thank you so much for your insightful contribution and the final word on the matter.
     
    #76     Mar 30, 2008
  7. hemlock

    hemlock

    maxpi,

    Please PM me if you are still interested
     
    #77     Mar 30, 2008
  8. Jerry030

    Jerry030

    Could you expand on that statement?

    What is useful? In what context?

    Mine acquires prices automatically - that beats calling up my broker.

    It draws nice charts - that saves lots of time over manual charts.

    It automatically creates trading strategies from the results of predictive models generates by neural networks that trade with a Profit Factors greater than 3.0 - that is both useful and profitable.

    It automatically executes those trading strategies, monitors its performance and sends me text messages when it trades – that saves monitoring the markets like many chartists and indicator traders have to do, which is useful.

    Beyond that what else would be useful?

    Jerry030
     
    #78     Mar 30, 2008
  9. Jerry030

    Jerry030

    Sure, if you are programming in an industry where a mistake could cause a disaster and the goal and all other elements are the product of many thousands of hours of engineering analysis then you have to program with precision. I suspect the same is true in the nuclear industry and the design of control systems for oil refineries and commercial airport traffic control systems.

    However I can tell you that in many other industries where there is no constraint of a major disaster or established engineering design to be implemented the reverse is true.

    The users are busy on many projects. They don't want to invest the time in writing or reading hundreds of pages of detailed specifications. They would much rather say this is what we want to happen, go write a program to do it and let us know when it's done. The programmer then has to define the details, select a method, implement and test it with very little detailed supervision or control form the users.

    As an example I did a consulting project for a global company in the consumer products field a few years ago. I started out with a detailed project plan and the goal of a whole series of design meetings to create specifications...the whole formal systems design process. About an hour into the first meeting I was clear they weren't interested in that approach. They eventually gave me total control over a multi million dollar project and just told me to go do it. The only specification and design documents were those on my white board, as working notes in my computer at home or in my head.
     
    #79     Mar 30, 2008
  10. Jerry030

    Jerry030


    No I'm not a former USSR citizen. I'm a German American and have never been to the Russia.

    I'm a student of history.

    Flaws of the Soviet System:

    1) Most countries have border controls to keep foreigners out without a passport and visa - the USSR had to shoot people at the borders to keep them in.

    2) Most countries have some kind of rule of law that in most cases provides at least some constraint on the actions of the government - the USSR had none. Stalin could have hundreds of thousands of people executed on a whim. Millions were killed through forced starvation in the Ukraine in the 20's and 30's.

    3) Most countries have some degree of permitted speech, assembly and freedom of religion - in the USSR speaking your mind or trying to organize an independent union or political party were crimes against the state.

    4) The USSR collapsed not from external invasion, changing external conditions or natural disaster but from the defects in it's own design.

    In essence the USSR was perhaps one of the largest and costliest failed experiments in government in the history of the planet.


    Jerry030
     
    #80     Mar 30, 2008