Proffy has surrendered again and at last we can return to the original topic of use of complex maths in trading.
In all fairness Proffy, there might be some worth or reasoning to your system, at least as per inputs from various forums, chats, talks etc. out there in the cyber space. BUT TO SELL IT AS A HOLY GRAIL AND BUILD DREAMS ONLY TO CRASH THEM IS UNETHICAL. Posting perfect charts like you did on this topic is totally wrong! If you start a 3 month real time journal in ET or somewhere else and post trades and even if 60% are winners, low drawdown and even 15 points net each month...........you would probably hold above 90% of the traders, gurus, advisors etc. etc. out there. Do justice to your system and efforts made towards it. Market will cling on to a good product with lots of excitement.
http://news.yahoo.com/s/usatoday/20...dgefundmanagers "James Simons, a mathematician turned money manager who prefers hiring Ph.D.s over MBAs, inched out oil tycoon T. Boone Pickens Jr. as the world's best-paid hedge fund manager in 2005, collecting an estimated $1.5 billion, according to rankings released today by Institutional Investor's Alpha magazine." You can say whatever you want to say about Jim Simons, but he's now the highest paid hf manager in HISTORY. He beat out Lampert. $1.5B is nice change for one year's worth of work. Finally, a quant guy comes out on top. -99
Charlatan is a word that has been used for centuries to describe people grossly misunderstood; Edison, Einstein & Curie just to name a few. I will never put myself in that league but the misunderstood tag sure applies.
Kinematics, Calculus, and other higher maths The usual know-nothing jerks displaying their ignorance in this thread. Since when does Kinematics belong to mathematics? This is Physics. What is "higher maths", "other" or not? "Higher maths" only exists in the mind of people who don't know much mathematics. nononsense
I feel a sudden drastic drop in temperature. Nononsense and I agree on something. It's freezing over for sure.
Agree! But, this thread started out with potential and contained useful information until it degraded into the worshiping of market God's and novel pontification of the value PhD's add to the trading floor equation. Similarly interesting topic to me would be; "Instantaneous Time-Series Data Mining and Analysis" or "Real-Time Market Data Capture and Analysis at the Moment". -nb
Wonderful topic that would quickly degrade because of the individuals that wouldn't understand how to add anything of value. They would poke fun and ridicule.