Search results

ernie suggests to trade with 2 or more stuff with 90% or higher cointegration. I cannot even find any pairs with 80%, I don't think I even find any 70%. I mean in any time frame. May be there is working pairs in super fast time frame like MS time frame but that would not be profitable except...

yeah I think just few proftiable stat arb pairs in the world, and it is so competitive that without high tech, commission, hft advantage is hard to be profitable.

In my own testing, I still cannot find two products that have 80% or higher correlate movement to trade, for example aust and nz dollars suppose to move in very somilar ways, but still too much trend movement and not a good pair for stats arb I look at gold price and few biggest gold stocks in...

I mean monument trade needs much more and better risk control than stat arb.

I think for stat arb, it requires at least two products to have similar 80% or higher movements, which is actually pretty hard to find in the world, then for very few things that have that relationship, all main market players heavily invest in it then make the stat arb winning chance almost...

China rebound a lot right after this news is issued ha ha

I just want to point out there are serious traders in FI and their algos are NOT "as simple as a moving average crossover."

http://www.bloomberg.com/news/articles/2015-06-16/how-an-exclusive-hedge-fund-turbocharged-retirement-plan a fund that averaged a 71.8 percent annual return, before fees, from 1994 through mid-2014.

So what is this? Disneyland imagination story? http://www.businessinsider.com/goldman-sachs-made-money-top-traders--quit-2015-5

I dont know about other but I dont think Larry Williams is a graphical TA trader. Anyone can detect indicator kind of TA so no need to argue about that. Graphical TA is what the bible talks about.

LTCM made a lot of money just they made a mistake in risk management. Did bible author higher school teacher or TA articles writer even made good amouny of money from market or even believe in their TA to invest a lot? No. Did these two people made some good money because of TA book copy right? Yes.

Mansa is a Mandinka word meaning "king of kings", make sense too:D

If you really won a lot of money from market, I think it should be your Mansa level IQ but not TA. TA may just gives you confidence when you need it while you trade, but it should be actually your IQ let you win more money than lose. I am not the first one saying this in ET.

Why it doesnt work for two who wrote the book? One of them just beame high school teacher right after the book was done, never really traded at all. Another one made living by writing TA after 20 years of sales job, never really made any fortune from TA, not even applied his TA when some people...

Livermore story is required reading could be only because those traders should not trade like him and repeat same mistake.

Any link to prove your point? I have already showed the math to prove it with links.

The two authors of "Technical Analysis of Stock Trends" which many call it "The Bible of Technical Analysis" are: Robert D. Edwards John John Magee You may expect these two guys earn a lot of money from market since they wrote the Bible of TA? Let's see their outcome...

Who can be campared with him before counting fee?

There is no graph in "history".

As I said before, these are after fee, you need to add the 6% annual fee and 44% profit fee too, that is how much money he really can make on average per year.