Is Quantitative Analysis the only way to get an edge in the market?

Discussion in 'Trading' started by _eug_, Apr 2, 2017.

  1. PistolPete

    PistolPete

    No-one mentioned visual analysis so dont put words in my mouth ..
     
    #11     Apr 3, 2017
  2. Yep. Jumped the gun here. You definitely didn't
     
    #12     Apr 3, 2017
  3. Zzzz1

    Zzzz1

    where have you been all this time?

     
    #13     Apr 3, 2017
  4. I disagree, then in your theory even your code is not fast enough to daytrade because there are much faster computer and internet speed available for high rollers.
     
    #14     Apr 3, 2017
  5. So then execution is paramount, even if you have a good strategy.
     
    #15     Apr 3, 2017
  6. speedo

    speedo

    Yes, forward testing is a good way to go but it takes more time. In fact, observing real time price discovery can be the best education you will get. Had to come back and add comments as the market was moving fast this morning.
     
    Last edited: Apr 3, 2017
    #16     Apr 3, 2017
    algofy likes this.
  7. algofy

    algofy

    If you don't try to compete on the sub millisecond level, their superior speed doesn't really matter as much.
     
    #17     Apr 3, 2017
    nbbo, Traderjohnsblog and speedo like this.
  8. speedo

    speedo

    I've been day trading manually for going on 19 years. I don't code but will if it becomes necessary. I cut my teeth on the old ER which had price action as fast and violent as any equity futures market today. To the OP, don't let someone's opinion determine what you can or cannot do...and that includes mine. Determine for yourself.
     
    #18     Apr 3, 2017
    Pension_Admin and algofy like this.
  9. You need to understand the pecking order. You don't have to be the first one in, but you'll definitely be the last one in without a good program.
     
    #19     Apr 3, 2017
  10. I don't think it's impossible. The problem is, your signal strength decreases, and risk increases as every second passes. HF firms have this perfected. A retail trader can be semi-perfect and still survive.
     
    #20     Apr 3, 2017