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They have it. Basically linear regression with pattern recognition and Kelly criterion.

Markov method is essentially an incomplete Elliott wave theory. Kind of like when they thought the Earth revolved around the Sun close but just missing some major points. I mean Elliot wave isn't complete. I'm sure there's some tweaking that can be done, That's probably where Renaissance fund...

What do you got?

Actually I think they boiled it down to simple pattern recognition and fractals.

This is about useless indicators. I would say macd and RSI are less useless than the EMAs or rvol. :) Unless it's an indicator that can tell me what the price is going to be in 6 months it's useless. Oh wait. There is one. It's called Elliott wave.

I've been posting here that the market is determined for like months like since I got here. Welcome to the party late. Renaissance technology basically used Elliott wave which determines the price...not the market. Nobody's saying EW is a perfect system but it's a system that demonstrates future...

You don't use the RSI for overbought and oversold, you use it for trend divergence. It is the best indicator by far to determine when you're topping or possibly bottoming. I actually just posted about it when I called 72k as the likely top of this bitcoin rally based on the RSI.

So Long put short call? How is the margin on that? I read actual shorts carry steep interest rates for low supply. I think they calculated even with a 1% drop every day until $1 and you'd still lose money. Here...

Clearly stated that the macd and RSI were ahead of the other indicators, so it doesn't matter if you looked at them and figured out some way you're still late to the party. Screentime? Ive had so much screentime to the point trading has become muscle memory just like BNF.

Btw I've also been busy trolling a Porsche forum because I keep spelling it Porche while inquiring about a possible new purchase. :)

no puts and calls have nothing to do with each other OTHER than calls are used to calculate puts. That doesn't bother you? The skew will happen naturally anyway because (most) people are more afraid of losing money. This is the 1987 phenomenon or whatever. 9 dollars minus the premium. I think...

9 dollars is nothing...premium eats that up for lunch. I didn't do puts because I'm assuming its the same as calls...inflated otm. Calls and puts are entirely different entities. All this parity garbage is only because calls are needed to calculate puts...one of the major flaws in the...

What? I have been busy schooling you guys in other topics such as basic TA. I did show you the formula, and it clearly shows that otm call prices are inflated. IV is derived from unicorn farts basically. Also, as mentioned I trade in a world of more profits or less profits. The example you keep...

Well said, but regarding Black scholes, the model is too flawed to be used for real time pricing. For example, black scholes model uses call prices to calculate put prices...this in an inherent work around which displays the shortcomings of the model. Implied volatility is calculated by...

Hmmm, maybe because they aren't making any money in trading?

I will start with Rvol and the 9,20 EMA...a popular combination with day traders. The RSI and MACD beats the ema crossover to a signal every time, and price blows through all of them in both directions so they offer no support or resistance.

Now that I've had some time to experiment with it, I just gotta say how much improved the new active trader is over tos, and also, there is no minimum 25k because in Canada we have no PDT rules. Better charts. Cleaner. It's pretty much an updated version of tos which I always said was needed.

I'm starting the wave at the last circle, but really I just look for the 3 wave first and then chart from there. You could rearrange the numbers a bunch of different ways but it won't make any difference because we clearly just completed a 3rd or 5th wave, and therefore just trading the...

This is drawn as a single flat correction, but it could be an extended or running. I'm basically waiting to see if it does a double correction which could take us to the end of the year or even next year.

Sorry I deleted that because it would actually be an invalid pattern, as it would be breaking the basic rule of 4 can't cross over into 1. EW gives you the statistical price levels for the patterns based on fib levels or measured moves. These patterns can be validated on invalidated using these...