Search results

  1. A

    Trading the vol surface

    >> What's the point in the blind (you) leading the deaf (OP)... Well, I did state somewhere earlier on one of these forums that I've got $50k to burn on the *development* of an options trading system, aside from my contribution as both a software developer with 15+ years of experience and...
  2. A

    Developers building their way up to traders

    >> They can develop their own charting platform. They fully control how data is processed from the tick level. This allows them to do things such as merge multiple datafeeds and have multiple layers of processing that would be a lot more difficult if not impossible to do in a standard charting...
  3. A

    Trading the vol surface

    What makes you think that the advice of others isn't part of those 10,000? ;)
  4. A

    Developers building their way up to traders

    Most of developers working in "finance" don't know or care about trading, and the few ones who aspire at this... there's no better representation of their context than this:
  5. A

    Trading the vol surface

    Unlike the other programmers, I asked myself "why" and made 1,000 experiments to understand how this works. Now, I'm exactly in Edison's position, "I have not failed. I've just found 10000 ways that won't work" :)
  6. A

    Trading the vol surface

    Well, one of my favorite jokes is this. A teenager goes to his rich dad and says: dad, I'm going out with the guys, gimme some money. Dad says "well, go to the safe and take some". Kid asks: "ok, how much should I take?". Dad says: "a couple of inches".
  7. A

    Trading the vol surface

    >> what you have said thus far is fairly generic and obvious. lets get into the meat of the matter. what kind of vol dynamics are you using. Well, that's most likely because they never did that actually in a professional setup so are just repeating common memes. I worked for a while for guys...
  8. A

    Programming interviews

    Corollary: due to the fact that at least some of the extremely smart people realize their odds (afterall they're smart) and never apply, it's not even granted that the pool of candidates you select from is actually "the best". Hence, Joy's law: "no matter who you are, most of the smartest...
  9. A

    Programming interviews

    OK, ignore last 5 posts, that's beer wisdom :p Continuing with programming interviews, the second major problem can be summarized as "probability". One fallacy when applying to jobs is that the employer thinks "he's only hiring the best" and the employees who passed the interviews and get hired...
  10. A

    Programming interviews

    Interesting how apart from scrambled ks and ws, these two concepts are both so close and so far apart: - https://en.wikipedia.org/wiki/Sharashka - https://en.wikipedia.org/wiki/Skunkworks_project
  11. A

    Programming interviews

    That guy who doesn't make much of a difference is me. In the meantime I'm working for 70 IQ guys pretending they're 100.
  12. A

    Programming interviews

    In the sense that $7M per month or per year? Well, if you can afford either of those, it doesn't make a difference.
  13. A

    Programming interviews

    That being said I dunno about 700 IQ point bovines in charge of hiring $7k ones. The universe is expanding but perhaps not at a higher rate than we can manage. Obviously I'm a $7M idiot who honestly thinks can save this world, but I've seen worse.
  14. A

    Programming interviews

    Honestly, my IQ out of the cold (think penis size when you get out of cold water) is about 110. Which, retards who only got *that* far or perhaps some 10 points more with sucking devices and expensive training, think it's all there is. It's not even an average. It's a WORST CASE SCENARIO, you...
  15. A

    Programming interviews

    Well, IQ or penis size, your opinion on what matters is irrelevant unless you build your profitable business doing what you preach. Just because so far there's no highly competitive and successful enterprise constructed on anything else than abject totalitarianism and psychopathy, does not...
  16. A

    Programming interviews

    So in summary, the first major problem of programming interviews is the arbitrary curriculum and discretionary evaluation. On a side note, your experience is useless. Whatever the job specs may say, like you're working on the greatest system ever built with the smartest humans ever to have...
  17. A

    Programming interviews

    Jewish Problems: https://arxiv.org/abs/1110.1556
  18. A

    Programming interviews

    Programming interviews have a lot more in common with "Jewish Problems" than rigorous, objective and impartial curriculum. Like 99% of first and 1% of the second. Compare them with university admission problems. a) Universities: there's a well-known curriculum you have to know (high school...
  19. A

    Programming interviews

    If I were to identify myself with a person in history, I'd say I'm Chevalier de Méré. A nobody, not a noble (or rich, in this 21'st century world) and fully conscious of it. For guys like me, beating the odds is their only chance. And not only I'm quite good at it but I've come to realize my...
  20. A

    Programming interviews

    I hate them deeply and sincerely. I'd rather take a shot at a reverse Russian roulette rather than going through another one. Reverse Russian roulette is like this: pick a fully loaded revolver, take one bullet out, spin the wheel, put it to your head and shoot. Yup, I hate them that much. And...
Back
Top