Search results

  1. J

    Are financial programmers under paid?

    In these 218 items, what causes the most distortion? Quantify it to one less significant figure than the data provided.
  2. J

    Are financial programmers under paid?

    Adding the comments of nitro (money scale), lolatency (the difference btween retail and others AND his cost analysis of setting up) and Rufus (about team players ovrlapping) to your comments, really rounds out the contemporary opportunity. A small shop that is more retail oriented than...
  3. J

    Are financial programmers under paid?

    I was remarking on the salaries of programmers. I calced that 120,000 a year is 500 bucks a day. I was imagining a programmer who had some capital. A beginner is starting with 25K in another thread. For Her, 500 bucks a day income would be 500 divided by 25, 000 as a decimal percentage...
  4. J

    Are financial programmers under paid?

    Are we talking an ATS that makes 500 a day?
  5. J

    What kind of specific education background would lead to a career as a quant trader?

    The two that come to mind most easily are Derman's humorous autobiography and the very humorous "The Predictors". Also get the story on LTCM; it is funny too. "Bogle on Mutual Funds" reaches its pinnacle of humor when he compares mutual funds to indexes and to his holdings in stock of Vangard...
  6. J

    What kind of specific education background would lead to a career as a quant trader?

    That era was an important one in terms of the stategies and how the final fallout occurred. You can see by the exquisite example provided (of using a 5 minute chart and doing 7 trades a year to make 25 bucks) is what comes out of this pipeline of the financial industry. A person can go...
  7. J

    Recommendations for a day/swing trading noob?

    Spacebass: In your situation and orientation, I strongly agree with the above post regarding me. The PA stuff he recommends is definitely a dead end however. Read E. Tufte to find out why. Start with "Envisioning Information" and "The Visual Display of Quantitaive Information." The...
  8. J

    The 30 most costly trading errors

    06-20-09 06:21 PM The OP (Cutten)' s request: 06-10-09 04:02 AM “It’s hard to repeat a brilliant performance, but it’s straightforward to avoid errors” - Paul Graham The most costly mistakes usually have one or more of the following characteristics in common. Feel free to add...
  9. J

    Trend following equity curve

    We all empathize with your difficulties. For anyone who wants to print the paper, please do so and reason how to use it to your best advantage. Think of the value a relation of Price and Volume has for stepping off into the greater picture. All tools work best when they are applied to the...
  10. J

    Trend following equity curve

    thank you for responding. I agree that the selecetion of the Universe is the most important aspect of building systems going from models to development and then applications. From the beginning, 1957, I refrained from any generalizations to all stocks. I focused, instead, on making money...
  11. J

    Trend following equity curve

    I try very hard to capture specific phenoms for specific stock universes. One aspect to definitely include is making money all of the time. Dealing with all stocks is definitely something to avoid. One of the best aids to developing a model is to first include all the market variables in...
  12. J

    How Powerful is the Subconscious Mind?

    You may be right. I have traded for over 50 years and I have a perspective. The financial industry has always been a combo of the noblese oblige and the slick ivy league sales fluff. It was excusable for many generations of ingrowth and decay. I observed the "public" becoming involved...
  13. J

    How Powerful is the Subconscious Mind?

    Flashboy, You have been around for a while and your posts tell a great story of how you got to be the way you are. For anyone to move forward there are a few requirements. In your case two outstanding requirements are apparent: 1. Learn how learning works. 2. Learn and know how the...
  14. J

    Need Advice, Developing Shorting for Automated Trading system

    There are three things you can do. You do have a long biased strategy, that's for sure. 1. add some filtering to your current sorting to let it tend to neutal. Were I you I would turn to a quality component in your sorting. 2. Once you are allowing quality stocks into your universe...
  15. J

    why this board isn't healthy if you trade for a living

    Jack Hershey continues to post nonsense on this thread while conviently ignoring the needs of the so-called "hershey students". -------------------------------------------------------------------------------- Quote from Daxtrader: What is WMCN? It would be really cool if...
  16. J

    why this board isn't healthy if you trade for a living

    Let's go back 20 years..... 30 years.... forty years..... fifty years...... See if you can pick off the SEC citations and their retractions when the SEC was fucking up their computer monitoring of large multiple accounts at major brokerages..... I liked the back handed compliment from SEC...
  17. J

    why this board isn't healthy if you trade for a living

    Great "satire"!!!!! I enjoyed working with Fisher and his staff. Ultimately, we ran an RSI and a MACD of volume to detect the A/D switches. As you see, today, there are many other fixes and you used them to screw up half of your back test and didn't find the exit based on the switch of A/D...
  18. J

    increasing, decreasing, continuing and changing

    YVW. The 11JUN WSJ article mentioning ten items doesn't scratch the surface but it does point out that the order of events is indeterminant. I really do not want to express my detailed views on this since the situation and its cure are going to be so punishing to most people and they cannot...
  19. J

    increasing, decreasing, continuing and changing

    -------------------------------------------------------------------------------- Quote from jack hershey: ... Back to the plate. Are you coming off a RTL on a dominant traverse with a dominant tape and is that tape going to have an FTT as the traverse is going to have and FTT as the channel...
  20. J

    why this board isn't healthy if you trade for a living

    06-12-09 01:23 PM -------------------------------------------------------------------------------- Quote from bwolinsky: Go fuck yourself, Jack. Your system as it was presented doesn't work, and requires substantial modifications to be profitable. I'm a top trader, and by you...
Back
Top