Search results

  1. J

    Why do I see "Trends" in Randomly Generated Data?

    Measures include: 1) Win Loss Ratio in points: win/(win + loss) 2) Win Loss Ratio in trades: win/(win + loss) 3) Profit Factor in points: win/loss 3) Profit Factor in trades: win/loss 4) Average of winning trades in points 5) Average of loosing trades in points 6) Ratio of average...
  2. J

    Why do I see "Trends" in Randomly Generated Data?

    Who can't predict? .... you? That doesn't mean those who trade profitability with automated predictive models, myself among them, can't do so. Keep in mind that it is a logically fallacy to prove a negative premise based on a limited set of observations. My comments were partially satire on...
  3. J

    Cost of Programmer to automate

    How many of those Japanese were shot outright and worked to death in labor camps? We probably won't be any more sucessful in Iraq than you were in Afganastan.
  4. J

    Cost of Programmer to automate

    All you can do I quote someone, I've worked in US IT for 30 years. OF course you know more about that's done in various circumstances here than I do because you are psychic...right?
  5. J

    Cost of Programmer to automate

    Well, he claims to know more about how commercial programming works in the US than I do, when if fact he understands nothing about it. If it's not a cultural defect in perspective then perhaps it's just a personal one on his part (the need to maintain you know about something when you are...
  6. J

    Why do I see "Trends" in Randomly Generated Data?

    That's great news since the algos will be even easier to anticipate and predict than erratic human emotions ever were.
  7. J

    Cost of Programmer to automate

    No I'm not a former USSR citizen. I'm a German American and have never been to the Russia. I'm a student of history. Flaws of the Soviet System: 1) Most countries have border controls to keep foreigners out without a passport and visa - the USSR had to shoot people at the borders to...
  8. J

    Cost of Programmer to automate

    Sure, if you are programming in an industry where a mistake could cause a disaster and the goal and all other elements are the product of many thousands of hours of engineering analysis then you have to program with precision. I suspect the same is true in the nuclear industry and the design of...
  9. J

    Cost of Programmer to automate

    Could you expand on that statement? What is useful? In what context? Mine acquires prices automatically - that beats calling up my broker. It draws nice charts - that saves lots of time over manual charts. It automatically creates trading strategies from the results of predictive...
  10. J

    Cost of Programmer to automate

    John, My point was that he is a product of his political and social culture. If he wants to state how programmers operate in The Russian Federation that's fine. I could care less. But when he insists the software process is the same in America, it's just plain silly. So I'm attempting to...
  11. J

    Cost of Programmer to automate

    I know little about you, only your incorrect posts and primitive view of how software is developed in America, while I know a great deal about the flaws of the Soviet system. In America we have something called freedom of speech and lack the KGB so we can say as we please.
  12. J

    Why do I see "Trends" in Randomly Generated Data?

    TraderSystem, You won't find any real life stuff on this thread. Sadly, it's mostly theory and dueling quotes. The debate could have ended long ago by simply posting a price history data set and taking the following steps: 1) Let the "Randomites" test it and certify that all sequences and...
  13. J

    Cost of Programmer to automate

    Acutally RedHat, that is you own invention. If you reread my posts you'll see that I said I knew of such things not that I was their manager. If you wan't to be respected in a American culture you'll have to drop the manufactured reality that was typlical of Pravda and look at what is real...
  14. J

    Cost of Programmer to automate

    FYI, Redhat is in Russia. Due to 70 years of Communist rule their programming standards are nothing like Western non-governmental programming culture.
  15. J

    Why do I see "Trends" in Randomly Generated Data?

    You have some good quotes there, but I'd leave out the Bush stuff. He is not a knowledgeable person saying something stupid, but a stupid person saying something stupid. That is normal and average for that kind of person.
  16. J

    Why do I see "Trends" in Randomly Generated Data?

    Toppel is a classical mathematician and in the world of classical mathematics he is correct. However his perspective is limited by his world view. We all are. Much of what we think we perceive is determined by our understanding and beliefs, prior to any outside evidence or stimulus. If his point...
  17. J

    Why do I see "Trends" in Randomly Generated Data?

    Are you maintaining that it is impossible to use any means to predict a future event in market behaviour?
  18. J

    Why do I see "Trends" in Randomly Generated Data?

    The debate has become tiring and unproductive so you look at the cost benefit ratio of words expended to your profit and make a decision. My position is that the past can predict the future under certain conditions... if your want to say that is because you have an edge on the slant of the...
  19. J

    Why do I see "Trends" in Randomly Generated Data?

    I make no assumption about the nature of the markets per se only that it is possible to correctly predict something about their future behavior, based on historical behavior with a level of accuracy that gives significant profit. Perhaps we are saying the same thing, I don't know.
  20. J

    Why do I see "Trends" in Randomly Generated Data?

    This statement makes no sense to me in practical terms in the real world. What category of events occur 100% of the time? None that I can think of off hand. If such criteria were applied to medicine then no drugs would ever be prescribed for any illness since the cure rate is in the 90%...
Back
Top