How necessary are quantitative skills in order to trade profitably?

Discussion in 'Trading' started by c.chugani, Aug 25, 2011.

  1. they are so passionate about their quantative skills that they wave their hands and scream.
     
    #31     Aug 27, 2011
  2. WS_MJH

    WS_MJH

    +1000 -- This was really good, especially in explaining discretionary trading. Someone mentioned backtesting. The results do not always hold up in the real world and also doesn't lend itself to all trading strategies. I also think it's a poor cousin to algo trading. Nothing replaces the time it takes to learn a trade.
     
    #32     Aug 27, 2011
  3. J Ski

    J Ski

    #33     Aug 27, 2011
  4. zdreg

    zdreg

    http://www.ihiresecondaryteachers.com/t-Physics-Teacher-s-Georgia-salary.html
    your numbers are obviously false.

    Salary Data for Physics Teacher in Georgia as of August 2011
    25th percentile Median 75th percentile
    $20,000.00 $20,000.00 $20,800.00

    1. the range between 25th and 75th percentile isimpossibly narrow. are you saying that an experienced teacher makes just $800 more than a relatively inexperienced teacher.
    these figures were created by some org. with an agenda.

    these numbers are prima facie nonsense besides being absurdly low.

    here are real numbers.
    http://www.teacher-world.com/teacher-salary/georgia.html

    Georgia Teacher Salary Information
    Getting the right information is the first step toward making an educated decision about your career.
    To compete in the modern world, state governments are putting an increasing focus on education. In Georgia, teacher salary has been a topic of conversation in recent elections, and many political candidates agree that paying teachers fairly is a major part of improving the educational system.(1) Beyond campaign promises, though, would-be educators have a lot to be hopeful for with respect to Georgia teacher salaries, given the $400 million that the state was awarded in the Race to the Top grant program.(2)

    Not only that, the Georgia Department of Labor reports that Educational Services—including elementary school, middle school and secondary school teachers—is one of the highest demand sectors for 2010-2011 for projected annual job openings.(3) But do the salary numbers reflect this high demand?

    Georgia teacher salaries averaged $54,274 during the 2009-2010 school year, according to the National Education Association. The Bureau of Labor Statistics (BLS) reports that secondary school teachers in Georgia earned $53,610 on average in 2009. However, your salary will increase depending on your level of experience, graduate-level education such as a master's or doctoral degree, and other factors. Secondary school teachers in the 90th wage percentile, for example, earn $73,480—considerably above the average.

    Georgia teacher salaries also vary depending on where you're employed. The following chart contains BLS salary data for five of the largest metropolitan areas in the state:(4)

    Atlanta/Sandy Springs/Marietta: $54,880
    Augusta/Richmond County: $49,380
    Columbus: $50,880
    Savannah: $48,220
    Athens/Clarke County: $56,510
    Don't forget that teachers receive perks over and above their base salary, including retirement benefits, medical and dental insurance, credit union membership and that all-important summer vacation.(5)

    you are not very smart for posting obvious baloney.
     
    #34     Aug 27, 2011
  5. Visaria

    Visaria

    Nice one zdreg :cool:
     
    #35     Aug 27, 2011
  6. Visaria

    Visaria

    +1
     
    #36     Aug 27, 2011
  7. J Ski

    J Ski

    Zdregs, to state that I am not so smart, is a bad argument. And then Visaria, states "good one" also equally absurd, that would presuppose that Visaria knows the true salary figures, and in the post, Vasarias merely agrees with you and doesn't post what the true salaries are. Another bad or inconsequential absurd conclusion.
    And then to post a similar website link, and to accept the salary information correct does not seem logical either.
    So Visaria, you checked zdregs information, before you complimented him on the dismissal and invalidity of my posted link to the salaries?
    Admitedly I didn't check the whois information when I posted the salary link.
    The whois information of both the link I posted and the one that zdregs posted, may neither be true figures.
    Should have called the Dept. of Education before posting the salary figures.

    zdregs:
    Domain Name: TEACHER-WORLD.COM
    Registrar: MONIKER

    Registrant [3150333]:
    Moniker Privacy Services TEACHER-WORLD.COM@monikerprivacy.net
    Moniker Privacy Services
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    Suite 201
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    Administrative Contact [3150333]:
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    Suite 201
    Pompano Beach
    FL
    33069
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    Phone: +1.9549848445
    Fax: +1.9549699155

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    Phone: +1.9549848445
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    Mine:

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    #37     Aug 27, 2011
  8. zdreg

    zdreg

    Zdregs, to state that I am not so smart, is a bad argument

    it is not an argument but a conclusion when someone posts obvious nonsense. to try discredit my info which is perfectly reasonable is to soothe to your hurt ego.
     
    #38     Aug 27, 2011
  9. J Ski

    J Ski

    If you had understood the point I was illustrating.You didn't. I conclude that you have chosen to misunderstand the post.
    On the one hand you have concluded the salary figures I supplied as inaccurate.
    This assumes that your salary information is correct then?
    How did you verify your figures?
    I could easily then conclude that you are an asshole.
    But how can I prove this statement? I can't, so then, neither can you, determine if I am smart or dumb. Right?
    I am only restating what you have written and I don't know you, so I can't conclude you are an asshole.
    Zdreg, to state that I am not so smart, is a personal attack, and not really of any consequence to my post. It was done to establish your status as correct and to negate the point of post.. And then Visaria, states "good one" also equally absurd, that would presuppose that Visaria knows the true salary figures, and in the post, Vasaria merely agrees with you and doesn't post what the true salaries are. Another bad or inconsequential, absurd conclusion.
    And then to post a similar website link, and to accept the salary information correct does not seem logical either.
    So Visaria, you checked zdreg's information, before you complimented him on the dismissal and invalidity of my posted link to the salaries?
    Admitedly I didn't check the whois information when I posted the salary link.
    The whois information of both the link I posted and the one that zdreg posted, may neither be true figures.
    I have erred.
    Should have called the Dept. of Education before posting the salary figures.

    zdregs:
    Domain Name: TEACHER-WORLD.COM
    Registrar: MONIKER

    Registrant [3150333]:
    Moniker Privacy Services TEACHER-WORLD.COM@monikerprivacy.net
    Moniker Privacy Services
    20 SW 27th Ave.
    Suite 201
    Pompano Beach
    FL
    33069
    US

    Administrative Contact [3150333]:
    Moniker Privacy Services TEACHER-WORLD.COM@monikerprivacy.net
    Moniker Privacy Services
    20 SW 27th Ave.
    Suite 201
    Pompano Beach
    FL
    33069
    US
    Phone: +1.9549848445
    Fax: +1.9549699155

    Billing Contact [3150333]:
    Moniker Privacy Services TEACHER-WORLD.COM@monikerprivacy.net
    Moniker Privacy Services
    20 SW 27th Ave.
    Suite 201
    Pompano Beach
    FL
    33069
    US
    Phone: +1.9549848445
    Fax: +1.9549699155

    Technical Contact [3150333]:
    Moniker Privacy Services TEACHER-WORLD.COM@monikerprivacy.net
    Moniker Privacy Services
    20 SW 27th Ave.
    Suite 201
    Pompano Beach
    FL
    33069
    US
    Phone: +1.9549848445
    Fax: +1.9549699155

    Domain servers in listed order:

    DNS2.NETTICA.COM
    DNS4.NETTICA.COM
    NS1.DNSPARK.NET
    NS5.DNSPARK.NET

    Record created on: 2006-08-10 11:43:04.0
    Database last updated on: 2010-09-27 17:04:49.673
    Domain Expires on: 2015-08-10 11:43:04.0

    Registrar: MONIKER ONLINE SERVICES, INC.
    Whois Server: whois.moniker.com
    Creation Date: 10-AUG-2006
    Updated Date: 27-SEP-2010
    Expiration Date: 10-AUG-2015

    Nameserver: DNS2.NETTICA.COM
    Nameserver: DNS4.NETTICA.COM
    Nameserver: NS1.DNSPARK.NET
    Nameserver: NS5.DNSPARK.NET

    Registry Status: clientDeleteProhibited
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    Mine:

    WHOIS search results for: IHIRESECONDARYTEACHERS.COM (Registered)
    Is this your
    domain?
    Add hosting, email and more.

    Want to buy
    this domain?
    Get it with our Domain Buy service.
    What is a Premium Domain Name?
    Premium Domain names are now more valuable then typical domain names because they are based on common words and phrases. GoDaddy.com does not own these domain names, but is one of the few registrars offering them on behalf of their third-party owners.
    =-=-=-=


    Domain name: ihiresecondaryteachers.com

    Registrant Contact:
    Value Asset Leasing, Inc
    Domain Administrator ()

    Fax:
    41 E. All Saints Street
    Frederick, MD 21701
    US

    Administrative Contact:
    iHire, LLC
    Domain Administrator (domaintechadmin@ihire.com)
    1.3016684424
    Fax: 1.
    41 E. All Saints Street
    Frederick, MD 21701
    US

    Technical Contact:
    iHire, LLC
    Domain Administrator (domaintechadmin@ihire.com)
    1.3016684424
    Fax: 1.
    41 E. All Saints Street
    Frederick, MD 21701
    US

    Status: Locked

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    Creation date: 22 Mar 2001 19:46:55
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    #39     Aug 27, 2011
  10. zdreg

    zdreg

    "My friends say I'm too smart for my own good,"
    they may be right but don't infer that it makes you smart to begin with. your posts on this thread readily show your capabilities.

    as we see u are the one who brought up your smartness.

    whatever actions u usually take to pacify your ego do it quickly.
     
    #40     Aug 27, 2011