what software/service do you wish you had?

Discussion in 'Professional Trading' started by falconair, Dec 5, 2010.


  1. Doing the deep homework to understand a data base's quality leads to getting the data base glitchs tweaked to remove the reason for the generation of mistakes.

    Three concerns arise when doing these tasks:

    1. The readiness of the supplier to make improvements,

    2, The talent pool of the supplier for making tweaks, and

    3. the ability of the supplier to schedule corrective action and innovation if needed.

    The difficulty in a gettting a supplier to understand their mistakes is a long and time consuming effort.

    The basic starting point is recogmizing no one has the quality required. Learning when to quit seeking to get results from a supplier is the key.

    There are different definitions of data bases. Mine is different from asiaprop's because of my requirements.

    The best time saver is to work out the solutions for the supplier and provide the solution exclusively to the supplier. The solution is the best demonstration of the supplier's problem.

    Our theme is NOT prediction but fits more closely the description: "Tomorrow's Newspaper Today". What this means is having clean data at the time it is originated (later clean up doesn't count) and having the supplier's platform capability of doing functions of functions.

    Currently our libraries on the spectrum of platforms demonstrate the smoothness of application that is possible with given supplier data streams.

    The optimum level of degrees of freedom, we feel, is about 70. There are four key groups of functions that represent the minimum functionality of an optimum system for extracting the market's offer.

    Our orientation is parasitic technical frontrunning of the market's offer. Therefore, "Big Money" pushes our positions. We do NOT have an edge orientation in any sense of the word "EDGE".

    Our hierarchy of market instructions is:

    HOLD
    EXIT
    WAIT
    ENTER

    Whereby the streamlining that occurs reduces the hierarchy to:

    HOLD
    REVERSE

    Therefore, we maintain positions (on the correct side of the market) all the time on any appropriate fractal in any market that is liquid.

    We regard as most important the fundamental binary nature of the market based on its granularity (BBid/BAsk minimum possible spread). Therefore, only paradigm theory and logic theory are used to create the hierarchy of binary vector logic for extracting the market's offer segment by segment. A multiple of the daily ATR results on this intraday trading application.

    In a nutshell, perfectly clean data is used to calculate functions in the Present. By the fact of "What Must Come Next (WMCN) in binary vector ananlysis, "Next" in the future is "anticipated". By focussing on "next" as the future comes into the Present, profits can be carved, segment by segment, on the appropriate fractal. The distance from Present to Next is a dependent variable and it determined using the four function groups through a "steer and focus" process.

    The space over which carving turns occurs is determined by the harmonic at play and a multiple of the market capacity is used while that space is open.

    Hence the term "Tomorrow's Newspaper Today".

    Export, Operate, Import. "Operate" is missing on platforms and in ordinary trading computers. Many years ago (late 80's) a group of about 25 people operated out of Paris; they worked on LINUX financial freeware We used voice conferencing mostly followed by tasking assignments. At that time, there was an openess to deal with the digital nature of trading to make money. Logic was pertinent.

    Today. the current fad is price action and high probability trades (Entry/Exit, and probability). The pendulum is always swinging across the spectrum. ET is older than the PA fad's presence, so you can see PA's history on ET.
     
    #21     Dec 6, 2010
  2. For all but the "special"..
     
    #22     Dec 6, 2010