Search results

  1. J

    A Kinetic Energy Idea

    Not really true. If you convert what you use to trade to code your computer can find what to trade, trade it and text message you the results, while you enjoy the beach. It can also monitor and trade global markets 24 hours a day. It’s a lot like what the industrial revolution did for the...
  2. J

    A Kinetic Energy Idea

    However a chart is limited. It shows only 2 dimensions: price and time. If the market operates in more than 2 dimensions you can't see it as you are only mapping 2 dimensions. There is a great book called "Flatland" which explores the difficulty of looking at something with fewer dimensions...
  3. J

    A Kinetic Energy Idea

    Jack, I'm not sure I've said this...at least I don't recognize what you say I said as anything I can remember saying or perhaps meant. To restate my perspective on trading: 1) The markets are a complex system in the formal definition of Complexity Theory. 2) Any linear rule based...
  4. J

    Cost of Programmer to automate

    OK, I can see why the Soviet Union collapsed.
  5. J

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

    Sorry if the example was not clear. It's not 4 signals for a session but 1 per session. The example would cover several trading sessions. The goal is to perdict the realtionship of the Open to the Close, prior to the Open. Call it a 1 day 1 bar model. One thing I square away with others who...
  6. J

    Cost of Programmer to automate

    It really depends on your training, software budget and what you want to do. For example the cost and 5,000 pages of documentation for SAS might be more than some can handle. As a general rule stay away from the junk marketed to traders like NeuroShell and BioComp. Look at general purpose...
  7. J

    Cost of Programmer to automate

    RedRat, You seem to think most programmers are a kind of robot who can only code as specified. I'm going to guess that you are not located in the US, have never been here and don't actually know any IT professionals here. Perhaps in Russia, China or India they follow orders blindly but...
  8. J

    Cost of Programmer to automate

    RapidMiner is even better in some ways.....essentially it is Weka with a GUI.
  9. J

    Cost of Programmer to automate

    Try dice.com
  10. J

    Cost of Programmer to automate

    It sounds like you don't know any good programmers. I used to manage about 35 of them. Mind you I'm not talking about somebody that bought themselves a couple of computer books on Amazon and calls themselves a programmer, but real professionals. They tend to be extremely clever, creative...
  11. J

    Cost of Programmer to automate

    Yes, those very skilled people may be working for Wall Street, but the really brilliant ones are working and trading for themselves. These are the ones who in addition to implementing great ideas and concepts from someone else, can also generate their own insights and discoveries AND implement...
  12. J

    Cost of Programmer to automate

    First you need a specification for what you want of some kind, in general terms. Anyone who will quote you a rate without knowing what the project involves is ...well, someone you don't want to hire. The reason is since they are getting paid by the hour they have no need to worry if they can do...
  13. J

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

    On your last point, it is really the reverse. The idea is not a mutual aid or educational project but a simple mechanical combination of each participant best prediction for the same market and the same time frame. What any one person does with them or how they combine them is their own...
  14. J

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

    Jack, On your comment about a teamwork effort, I've attached part of some discussion on another forum. In it we have some survey results on profitability in trading systems. In summary, there are few who will admit to making much profit. There is of course much talk about how to do it, but...
  15. J

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

    Chinook, Any idea why the concept of one size fits all...one architecture and parameter set to for all markets, is so popular? To me the idea is about as logical as buying only one type of shoe and then trying to go the gym, a dinner party and skiing with that one shoe. Specific market...
  16. J

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

    No, my assumption (perhaps incorrect) that folks used to working with scientific method use standard pre-processing to tag outliers that indicate bad data. You can't do stats with bad data. It may not be mentioned as it's something so obvious that it doesn't need it. Like if you were to work...
  17. J

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

    Jack, There you have it!!! The Earth is flat. Pictures (and graphs never lie) Do you want to call up NASA to let them know they can save all that rocket fuel needed to launch the Space Shuttle simply by finding the edge of the Earth and pushing it off into space? Jerry030
  18. J

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

    Shhh...don't let them about your fantastic discovery that stocks split so we can have a real laugh. I'm sure nobody outside of ET has heard of it. Perhaps one of the brilliant traders here, like yourself, could get a consulting fee from IEEE to advise them that stocks split, delist, etc. Boy...
  19. J

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

    Kevin, Considiering that you have to provide the full operational code (see below from their rules) for the system, I would agree. You'll get a nice range of academics but anyone who has invested significant effort into a propritary approach that enjoys significant returns in not likely...
Back
Top