Sorry, I didn't think you had any quants at all. (To be honest I still don't believe )It's just horrid hearing you trying to prove something doesn't exist. It reminds me of the guys that said the world was flat because they never saw what it really looked like. I'll try to lay off you Surf. How's the newborn though? You ever gonna get around to posting a pic of the "first ET baby". Man, I gotta tell you that's exciting. I've been thinking about having some of my own. Maybe in 5 yrs. I've been saying that for a long time haha. Bless you bro.
Dojis have no predictive value. Your quants probably don't have systems that'd be second in the World Cup Trading Championship of Futures in 2013 with less than 10 round turns to show for over a 70% profit... <u>with real money</u> and highly scalable. Seriously, finding the people that have already done this means there must be a lack of good connections to the advanced technical mathematics required to do what you're suggesting. Perhaps it means something other than pedigree like college or university decisions is a factor.
LOL, the babies mom is a microstructure finance PhD--- my quant...my muse, and my inspiration for doing what I do. Thanks man, the baby is doing great. 2 weeks old yesterday-- It is exciting, the best feeling in the world. It's smart waiting untill you are 100% ready for a baby, its a tremendous change even with a helpful live in mother in law! surf PS-- i would post a photo, but there are several here that have ill will toward me, so i decided its not the wisest thing to do. Baron has a photo of the first ET baby--- maybe one day I'll post one. here's the story of two early dates, it was over 6 years ago so I feel comfortable posting it : http://www.marketsurfer.com/?p=716
It's all well and good, except for the FACT value is subjective. If it wasn't, the market wouldn't work at all. surf
Ah yea funny you mention that. I was just thinking that exact thing, "he is probably referring to his wife". And the baby pic thing yea guess I understand, it's sad to think that anyone might have ill will toward a baby, but yea we gotta protect them the best we can. Maybe one day You know.. I have a buddy that teaches at a university. He's a finance PhD.. teaches investment management... and just about every semester he comes in last in their sim portfolio class participation. For some reason he can't handle the psychology and likes to buy the highs and sell the bottoms he says..
This post was deleted because of "free advertising" something or other for a firm. I am reposting it in a modified form because the idea of the post is what is important, not the any particular firm: All of this nonsense about TA vs Objective can be resolved very easily: 1) Open an account at a firm that allows customers to mirror your trades. 2) Start trading and build a track record. 3) People can now subscribe to your trading methodology at 20% fees. Basically it allows anyone to become a hedge fund with no legal fees and no hassles. You not only get to keep your own profits, you can have multiple people pay you to mirror your trades. So you get payed not to teach, but to perform. They make $, you get payed. TA? Automated? Telekinesis? Prove it and make money for yourself and others. No need to convince anyone else of your trading prowess or philosophical approach anymore. Unless that is, you just enjoy being evangelical and debate endlessly. This sort of thing is starting to happen at many brokerages and it is very exciting. I am 90% certain I will be offering to allow people/firms to mirror my systems soon.
It's a great idea, Nitro. However, it seems that the TA true believer Price Actioners on this thead and site simply don't need any extra money. They are rolling in it based on their refusal to participate in the combine and statements. So I doubt anyone here who claims success would participate in a trade mirroring program. surf