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  1. S

    Using Mechanical Market system

    Also when you develop your own - it's a scam :confused::banghead::vomit::p Until it's not :rolleyes:
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    I have a system. I want to turn it into an algo (robot trading) system

    There's of course no guarantee, but for you, it might improve progress. What would a hedge fund do with your algorithm? There's also the route that you make the system configurable so it won't work without the right parameters, but then you start limiting your potential again. Or perhaps learn...
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    Limitations of Quantitative Claims About Trading Strategy Evaluation

    I'll try. Most academic papers and training material only considers pure, idealized technical trading signals over a known and static sample period. Signals like crossovers, breakouts, candle patterns, and the like, without any understanding what the signals actually signify. Price is just...
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    Money Is Not Wealth: Most important article for a young person to read

    I think you mean the majority of people are fearful, egocentric and irrational, thus underoptimized in a world where cooperation gets you further than the pack in the rat-race. The majority of people do function adequately however, and many have fields of interest where they may shine and...
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    Limitations of Quantitative Claims About Trading Strategy Evaluation

    It should be in the Abstract, but the paper's full text focuses alot on limitations of backtest overfitting. I don't see them backing up this claim in the Abstract, but don't disagree with it either: In this paper we present two examples that demonstrate the limitation of quantitative...
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    Limitations of Quantitative Claims About Trading Strategy Evaluation

    Before one backtest anything, one should have solid reasons why the system should work consistently, and then test the hypothesis. Otherwise, you are heavily prone to selection-bias and random statistical spikes. In real development, your system often has holes that the market slips through, so...
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    Informal survey on the accuracy of indicators

    Given timeseries 1,2,3,4,5 and mean of 3. What are the next numbers? Is 3 an estimate of future price? That's just an assumption, could be wrong. Generally, the longer the period, the more accurate analysis. Low sample sizes has higher errors.
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    The Birth Of A Quant Trader

    I gave up manual trading long time ago as it's not for me. All automated, but not very nice code, more like duct & tape :p It's a matter of perspective. You can watch a price chart and zoom in or out in time, and always be able to see some kind of consolidation and trend, just in different...
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    Quantitative Easing: Where did all that money go?

    What are the purpose of banks today then?
  10. S

    Can't Make Money

    What is it you need to defend in front of a computer through a text-mostly interfacing web-forum with complete strangers though? If you want to take offense to what you may have misunderstood through reading a few sentences, that's your prerogative of course, and just a undisputable fact...
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    The Birth Of A Quant Trader

    Momentum/trend following on daily timeframe. Why? Even randomly generated brownian motion-like timeseries may have trends that can be spotted in hindsight. So each live trade is an educated guess based on some factors where one hope to catch the ride in the right direction (long), usually at...
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    Meditation and trading

    Meditation is a tool, a method. Actually, there are many meditations, yogas, breathing exercises, etc. one can do, with different goals and purposes. Unfortunately, most of it is very unscientific and based on intuition and hope. Each path is heavily influenced by their leaders, followers and...
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    Quantitative Easing: Where did all that money go?

    That you gotta ask the banks and why they threatened to blow up the real economy in 2007-2008.
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    Can't Make Money

    1. You're no pro, you admittedly don't earn money on this. So you're a self-confessed amateur, right? Same as me.. 2. Why would you believe +20% on a one-hit wonder is not luck? I seriously doubt any trader, even pros, can somehow guarantee +20% beforehand. So most traders do count on luck...
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    HFT tax = Cleaner Trends?

    Bad brokerage and exchange services are to blame for this, probably funded by HFT money..
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    Quantitative Easing: Where did all that money go?

    The money has been used to prop up failed too big to jail bankers and banks, which can take the money in form of higher salary, bonuses and pensions. The banks themselves have had access to cheap money for loaning, but the appetite for risk is not there so the banks just uses the money for their...
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    Quantitative Easing: Where did all that money go?

    QE was never meant to reach the people. Dunno specifics, but some of it has been used to buy stocks. The fear is that if too much money reaches the people, inflation will skyrocket. So QE is money printing without the inflation, theoretically. What's most likely to happen is the wrong people...
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    I have a system. I want to turn it into an algo (robot trading) system

    You say you need to go mechanical, but also say you need to get the system backtested. These are two different concepts. The easiest path would probably be to backtest your system first. This can be done with almost any programmable charting software. I'd suggest you try that first and see how...
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    Informal survey on the accuracy of indicators

    For averages, smoothing will cause "lag" as well as reducing high frequency amplitudes and distorting the signal some. May be handy as a tool to compare latest prices toward a smoothed "old" price, or for other uses one may dream up. Though, smoothing is not "pure" lag, only shifting the data...
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    Advice

    Ooh the irony, sweet sweet irony! :p
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