@Q3D I'll humbly decline your request as we are in the trading business rather than "you show me yours and I'll show you mine" business. In saying that, I respect you skepticism, just like a newer trader has doubts of whether you really make money or not. Neat analysis there. 2 flows though: i) I don't, in any way, trade close to what you have described ii) I don't trade ES. If you go back to my post, I clearly point out that I wouldn't be getting as good a result trading futures or indexes. Those instruments are for the really experienced and HFT algos as there is way too much psychology going on behind the price action. Besides, if it's a choppy day, you have to sit at it's mercy; equities allow you to choose from hundreds that fit your trading profile.
Orlando actually. I just can't seem to sleep for more than 3-4 hrs a day. I don't know if that's a blessing or curse.
Wow, that's not good-- but make the best of it. Ill be staycationing at the Ritz in Orlando 25-27 sept. Never been to the resort. Heard good things
Incorrect. TA analysts at Credit Suisse work under the "Investment Banking Division" except for 3 particular individuals that work under the "Asset Management Division". Here's something interesting to think about, after the financial crisis, they did heavy cutbacks and enormous layoffs...none of the TA staff were layoff. In contrast, they got bonuses. Bonuses were sizable...nothing to laugh (no joke) about.
Al Brooks...TA...the "How to Books".,and even Market Wizards...aint the Problem--- Just step in front of the mirror...eyes forward...and you will see CRYSTAL CLEAR...where the REAL problem lies---
What a shame! I'll be in Quebec City for 2 weeks around that time. I haven't personally stayed at the Ritz here, but have also heard very good things about them. Since you're staying there, try out Norman's, if you haven't already. Great food!. PM me if you have any questions as I don't want to wander away from the topic at hand. Enjoy!
That's news to me. Can you provide a link indicating this? TA used by these institutions to explain market move to their clients, not to make decisions therefore they are generally part of the marketing departments. However, I am open to being proven wrong. thanks, surf
The sharpies at the big banks are embedded in groups like GSAM, Highbridge (JPM), PDT (formerly MS), ... The TA guys (and also the fundy research guys) are for entertainment and promotional value, getting their faces on the tube to keep the bank's name out there, and generating PDFs to keep buyside clients interested and active.
The same can be said about the use of statistics and computer programming in general. So I'm not quite sure what your point it.