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Why does everybody think that learning a programming language is an easy task? Let me ask you this: could you become proficient in French in three months? Same concept. Anyway, check out the nucrealphynance.com forums and go to the university section. You will find a lot more info...

Why does everyone insist on using <a href="http://en.wikipedia.org/wiki/Correlation">correlation</a> when <a href="http://en.wikipedia.org/wiki/Covariance">covariance</a> is the right metric? That would be far more interesting to know... But all in all, good analysis. These 2x pro-shares...

Higher octane reduces spontaneous ignition. Spontaneous ignition is the cause of engine knock which can do significant damage to the engine over time. Consider the extra $2.50 you pay a fill-up to be an insurance premium against your engine needing a replacement, which on luxury sport cars...

Let's run down the economics of your purchase. Toyota Prius: $24,000 (depending on options) Ford Focus: $15,000 (again, depending on options) Let's pretend we only drive the Prius on the highway, where it gets 48 MPG. Just to skew the test, let's pretend we only drive the Ford on back...

Why do people use Volume, Range and Tick Charts? http://www.elitetrader.com/vb/showthread.php?s=&threadid=80582 AHG - Profitable Strategy for Struggling Traders http://www.elitetrader.com/vb/showthread.php?s=&threadid=99283 Day-Trading 2.0 for small traders...

These are kids that are reading financial books, taking financial classes, and reading news papers. But on top of that, they are spending the time trying to discuss and debate economic issues. Instead of debasing their conversations by accepting less intelligent participators, they create...

The fraternities are still much the same: they provide social outlets for the students. Given that typical fraternities have several hundred chapters and several thousand alumni, they typically don't have a tight enough bond to create any cohesive business network. That is where business...

The clubs generally serve two purposes. The first is to teach the financially literate how to become literate. The second is to allow those who are financial literate to discuss topics of finance outside of the classroom. Not everyone studies business undergrad and knows where to begin their...

Being one of those 'ivy league' brats, I stopped by one of the investment clubs. They are laughably bad. On the other hand, there are quite a few bright students who have started more private clubs -- which require a bigger buy in, but tend to use much more complex strategies, normally...

correlation != covariance

Almost. He is defining risk/reward as "expected gain" versus "expected loss". Expectation of the system is a bit different. I use the term 'expected' loosely given that no trader actually takes the time to model their trades as a random distribution -- nor do I even think that is...

Inflection point, perhaps? BY volatility. Set your stops based on ATR. Analyze distance from moving averages based on ATR. Basically, change your strategy relative to volatility. More volatility means taking less risk on trend changes -- trends might not last as long.

Perhaps try looking at inversion instead of cross-over (aka, when does the 60EMA hit an inversion point?) I find this works well if you use two moving averages -- a long term one to define the trend, and a short term one to define the trade (this is similar to the Day-Trader 2.0 thread...

I won't complain. Christmas comes early when you wake up to see a stock you own go up 20%+ in a day... Now, if only I could figure out a way to make it happen every day... ah well, I guess I can't be THAT lucky... :D

<a href="http://en.wikipedia.org/wiki/Correlation">Correlation</a> != <a href="http://en.wikipedia.org/wiki/Covariance">Covariance</a>

I could not agree more with gnome. Everybody understands and recognizes the principles of reversion to the mean. The real quesiton is: where is the mean?

I guess sometimes it takes an outside view to force you to acknowledge something you didn't want to have to admit ... Thanks C

Can you post in which books he discusses these topics? I would be very interested in reading them!

I have been using a simple inflection system based on weighted moving averages to determine the long term direction of the market. So far, it has worked extremely well in entering and exiting long, market based positions. I have also found that it works extremely well intra-day, using...

Prepare yourself for some more (most likely useless) ramblings on this idea... A couple of thoughts: First, if no buyers exists, each individual seller will continue to lower their price until they reach their own personal 'critical level', after which they feel that they are losing...