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I am not sure about shorting AMD but I do not think share price will rise. For some reason there are stocks that are psychologically out of favor no matter what the results. AMD is one. GS is certain to put out a negative report. People are saying that AMD is not entering the self driving...

I think you need to find patterns that keep you out of the market when there is too much random noise. CL especially has huge random jumps on events that will be known to some people way before you can react, so try to find patterns in price action to keep you out. There are great resources...

I am saying that people need to be an integral part of trading systems using judgement and superior pattern recognition of the human brain. I think Linda Raschke has been saying this for quite a long time. Obviously back testing (data mining) makes sense. My criticism is aganst people who...

I am not sure if this thread is the right place to post this. My reason to say deep learning and neural networks are hype is that that those algorithms run into combinatorial explosion that human thinking does not. AI was first falsified in 1972 by Cambridge professor James Lighthill (search...

Are you saying FT and London Guardian chess columnist Leonard Barton is wrong. Kasperov just published a book explaining the psychological reasons he lost to Deep Blue in 1996. Title is "Deep thinking Where Machine Intelligence Ends and Human Creativity Begins." Basically, Kasperov was not...

People are inherently better at complex pattern recognition than computers (why AI is hype). Even for Chess playing that is seemingly pure mathematical searching the best young players are better than computer Chess programs. The Financial Times Chess columist Leonard Barton wrote this in the...

Has anyone tried to trade the CME Globex cheaper exchange data fees RTY Russell 2000 contract? Intraday margin is higher but overnight margin is lower than TF at IB. So far there is only a few thousand contracts per day. I wonder how good the arb between them is.

NQ moved a lot. It made many trips between about 5777 and 5807 or about 12 ES points. Path length was large.

I admit my efforts to understand Wolfe Waves so far have failed, but your comment explains why they may be a good discretionary pattern for human traders. HFTs are probably starting to use simple systems in there algorithms so anything complicated used by humans should be good.

You are making the same mistake I have been making but hopefully have stopped. Namely, why were you short ES on Friday? I think there was no question that the bias for the day had to be long. Then when ES started falling and NQ tanked, you needed to not make trades. Although, A good trader...

Markets are quiet waiting for tomorrow's events: British election, Comey cover up testimony plus economic numbers. Market will be back to its slow summer pattern Friday.

BTU is not losing money hand over fist because it is now really an Australian Metallurgical coal and transportation company. Current BTU is post bankruptcy recapitalized company with US energy coal assets mostly gone.

The best study is still Ralph Ainsworth's 1933 "Profitable Grain Trading". You need to adjust some for South America production but world wide wheat production is not so far from his era when both summer and winter wheat were grown. Main difference now is most grain trading is paper grain. I...

AMD has a strange pattern. Namely, every time it tanks from disapointment (negative press stories and INTC fan-people analyst downgrades), it takes 4 or 5 days before it starts slowly rising - never the next day. Three recent examples, are GS down grade, earnings report, analyst day. I have no...

I think AI is mostly PR hype. It makes the incorrect assumption that all knowledge is formally provable sentences (calledthe Hilbert Programme) that is not true. Self driving cars are really just small busses only able to drive in their "virtual" lanes. Self driving cars work basically by...

This speaker needs to open a TOS account that has the "tools". His back testing is wrong because Karen's supposed system uses discretionary adjustments on market moves. Charles Cottle is now on Vimeo and has a viewable video explaining how to implement karen's system using limited risk option...

Here is the maybe not so great idea I am trying as a wake up hedge for a 5-6% down move. Market is not showing much inclination to go down so I am trying these to see what happens with gamma and delta. With circuit breakers and probable government action plus no large institution portfolio...

I have tried to ask IB about trading Oslo stocks on the OTC OMX exchange. Basically there are no market makers and there will be no bid/asks if something goes wrong. I wanted to trade AVANCE that pays more than 50% anual dividend that is actually sustainable from my view of LPG shipping...

AI is a mirage similar to cold fusion. In particular, machine learning is just normal 20th century searching and feedback system engineering. Here is the video of the 1973 debate on the Lighthill Report that is still relevant. It is the London debate that caused McCarthy and Darpa to eliminate...

Hey Mav, I think there is a flaw in your argument. Namely, who would be stupid enough to take the other side of a FRA that pays a billion on a measly 15% stock market drop? you? What is your bid/ask?