Hi Doak, When you read their stuff, you will notice they are in the PA and Time variable world. I looked through my list of cool cats I monitor and none fit those variables exclusively. They (AMS) do work in a relativistic manner (a plus with the correct variables) and there are many guru's who do better than the MSurfer type bettors (OODA types) who may appeal to AMS type research. But the AMS will not appeal to the guru's outside of Msurferland. Some of the screen shots in the web description (AMS) do have stocks on the lists. None of them can make the cut through the seven criteria in my filter (except the first one = US stocks = true). From my point of view, the HFT types surpassed the MM/spread/time dynamic a while back (say ten years ago). IF AMS wantd to switch to work off 'tells' of "smart money" to replace MM, they could really establish a niche in the intraday market but it would not be just stock oriented. They coulld convert what they do to a measure that substitutes for the "smart money" current standard and make the new AMS based standard dynamic.
Hi Jack, Would you be willing to talk by phone for a few minutes? Your response was interesting, and I'd really love to hear more about what you mean, if possible. My direct email is Evan.Cutler@LevelIV.com, or you can call me toll free at 1-888-333-2320, Extension 430 -- This will connect to my direct line after a moment of searching. I'd be happy to phone you as well. Evan
I'd be careful if I were you, unless you are an NLP master. Think Obi-Wan Kenobe on steroids. I think I am pretty good at it after over 40 years of practice, but Jack can make me roll into the foetal position and bawl just using the printed word.
Nothing to do with one's wealth. We are talking about traders with no risk management who blow up. Good ol VN fits that to a tee. Try and stay on the topic Surf. In the meantime a good read: http://www.newyorker.com/reporting/2007/10/15/071015fa_fact_cassidy
That's an old article, but I agree it's an interesting read. No doubt VN has his weakness, but we all do in one way or another--- he is driven to stay on top of the performance heap and this fatal flaw requires more and more risk taking---which had dire consequences this time. Previously, his positions were gamed by a cabal on th exchange-- forcing liquidation at the worst possible moment. As you know, a suit was filed and VN's position was supported hence winning the lawsuit. surf
Evan, be extremely cautious going down this rabbit hole. JH is some kind of crazed genius who no longer makes sense. surf
Well, I was hoping to make sense of Mr. Hershey's comments/analysis regarding our software. Perhaps a few minutes of conversation would make it more clear to me. I'm looking into each suggestion people offer on this thread (thanks to everyone for your ideas so far), looking for examples of successful stock traders with strong followings. Then I can test our software on their North American stock picks/entries/exits to see where our new tools would help improve their accuracy. This sort of research is complex and time consuming, but does offer a win/win/win where ever it bears fruit. So, any new rabbit holes to consider will continue to be appreciated