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Hardly. I'm putting forward a hypothesis based on the idea that the most important objective of a system is to provide a trader with an objective way of identifying an "all other things being equal" context for trades. Having a single hard-coded parameter is the optimal way to do that, so...

Right and that is exactly aligned with the libertarian/conservative position that actual "public goods" are a benefit to society. What needs to be done is to strictly define "public goods". The fact that Obama can play fast and loose with the language of public goods is a sign that political...

By the way, here is the crux of why Obama's comments on the need for higher taxes are based on deception: "As economist and frequent Republican-party critic Bruce Bartlett recently pointed out, “As of March 31, $452.6 billion of net stimulus funds had been disbursed in ways that show up in...

Thank you for posting this. It assures me that there is at least one other sane person in the world. There seriously needs to be an IQ test to qualify for voting. Please, those of you who disagree with GoC's post, go kill yourselves.

Maybe try to recreate the model in a different program to see what the equation is there, for comparison. If it's the same, maybe you're just not understanding why the equation is what it is.

Sometimes 1st trade level calculations are all you need. I was asking a question, not stating a conclusion. That's a 1st grade level distinction you seem to be unaware of.

Bringing quantum physics into the explanation of mental phenomena seems a bit unparsimonious to me and would seem to be the kind of approach that should not be undertaken until all more direct approaches are exhausted.

Can you define how you are using "paradigm"? I am talking about flesh and blood human existence, the genetic inheritance you get from your parents, etc. "Paradigm" says to me that you are thinking about some kind of philosophy of science or something. Some of that is interesting, but...

Until quantum computers take over as the next generation of HFT or humans morph into quantum cyborgs, I am not sure this is relevant. Obviously, the carbon and other elements in the human body are subject to the laws of chemistry and physics as well. The point is that the topic "Is biology to...

"Nurture" is "applied Nature".

Who is average Joe on WS? There are two separate categories of traders who lose $1B: those who do it on the sly without their firms knowing and those who are authorized to lose that much precisely because their firms trust them. "Average Joe on WS" has absolutely zero to do with either...

There's actually some evidence that Buffett uses a variant of the Kelly Criterion for his position-sizing (see the wikipedia article on Kelly for a citation), so, given his track record, I'm sure that he puts much more than a small percentage of his capital at-risk. Point being, you don't...

I had 4 in the same direction only 1 other time. 4 short triggers in one day last September. I've been using this exact same model since May of last year, so that's about 14 months of trading days and it happened twice now.

Look at Buffett's investments and tell me that he doesn't put more than $1 billion at-risk quite frequently. Is he ignorant? I think the broader point remains. The more we find out about our biological systems, the closer we will find that certain biological "types" obtain certain trading...

Yesterday was an odd day by my standards as well. The ES gave me 4 trade signals during the course of the day and normally I'm likely to get less than one. Definitely a lot of churn on the day. I refuse to speculate on what it means because that's a sucker's game, but it definitely was out of...

What else could be to blame? We're biological creatures, after all. Unless you want to posit some supernatural or metaphysical cause. Which is fine, but you then are outside the realm of scientific proof and into the realm of faith and philosophy. I actually get very anxious during winning...

Yeah, but it took an egomaniac like Corzine to bring them down. The guys at RCG don't seem to fit that bill. As a customer, I like that they are actually trying to be more pro-actively transparent about where customer money is. Still, the entire episode has me reconsidering just how much cash...

Right, such systems are a dime a dozen in the vendor business and vendors do make money pushing them. What I meant was they would fail from the trader's perspective, regardless of whether the system comes from a vendor or is your own.

It's that kind of "hard-coding" of arbitrary values that prompted me to post this. http://www.elitetrader.com/vb/showthread.php?threadid=246244 Anyone pushing a "system" with more than 1 hard-coded parameter is pushing something that will ultimately fail. The market is WAY too dynamic for...

Yes, the 1 hard-coded parameter would be what gives the anchor it's "weight". It's the Higgs boson of the algo. I am finding a discrepancy in the optimized individual parameter values in markets as I expand my circle of markets traded. A trigger that would I'd consider unusable on the ES and...