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  1. MAESTRO

    Do you see patterns in Random Walks?

    You are surprisingly close!
  2. MAESTRO

    Do you see patterns in Random Walks?

    You are right, of course! What was I thinking! I should not waste my time. Thank you so much for your timely advice. Being a "troll" I completely forget sometimes that for any speaker there should be at least one listener. I shall indeed focus on something more productive. Cheers, MAESTRO
  3. MAESTRO

    Do you see patterns in Random Walks?

    I have tried many times posting the link to this definition, however, short of retyping it I really do not know what else I can add. This really summarizes my point of view. That is all. I cannot say it any better. Also, if you read who contributed this definition to Wikipedia (not "vikipedia")...
  4. MAESTRO

    Do you see patterns in Random Walks?

    A random process, is the counterpart to a deterministic process (or deterministic system). Instead of dealing with only one possible reality of how the process might develop under time (as is the case, for example, for solutions of an ordinary differential equation), in a stochastic or random...
  5. MAESTRO

    Do you see patterns in Random Walks?

    May be we should agree on something first. Do you accept that any deterministic system has to have less complexity than the tools we use to measure it in order to be certain that it is in fact a deterministic system? If a system is more complex than the tools we have to understand it then there...
  6. MAESTRO

    Do you see patterns in Random Walks?

    That well could be :D No dispute there :cool:
  7. MAESTRO

    Do you see patterns in Random Walks?

    Did you mean ??? :D
  8. MAESTRO

    Do you see patterns in Random Walks?

    Algorithmic traders are NOT interested in explaining the "reality". In contrary, any algorithmic trading developer starts by designing a model of the reality that he/she believes has enough accuracy to rely on. We do NOT care if mkt is random or not. These questions belongs to philosophy...
  9. MAESTRO

    Do you see patterns in Random Walks?

    Here is an easy explanation. Imagine a completely sealed jar filled with gas under certain pressure. Although the paths of the gas molecules are governed by the random (Brownian motion) process the pressure inside the jar remains remarkably constant if the temperature is maintained accurately...
  10. MAESTRO

    Do you see patterns in Random Walks?

    I don’t think the question here is whether one could mimic the actual price behavior using any sort of a random generator or not. I think the more fundamental question here is whether the price behavior it self is a reflection of an objective random character of the market’s underlying...
  11. MAESTRO

    Do you see patterns in Random Walks?

    Also, a friend of mine who is in Germany and knows Tobias Preis personally has communicated with me recently. His opinion is very similar to yours. :D But I am not judging ... :cool:
  12. MAESTRO

    Do you see patterns in Random Walks?

    I am not saying it is not :cool: I have tried this approach myself with no tangible results. I wouldn't say it is "a load of crap" but I would agree that it is difficult to see any reliable results in it. But, who knows ... It could be that with further development it might yield some positive...
  13. MAESTRO

    Do you see patterns in Random Walks?

    Yeah, I have heard many times about this research. All they do is Latent semantic analysis http://en.wikipedia.org/wiki/Latent_semantic_analysis on the internet data. It could be fruitful if the data has good representation of the phenomenon in question. In terms of the "formal financial...
  14. MAESTRO

    Do you see patterns in Random Walks?

    Well, I am back with the brand new 4 inch scar right between my shoulder blades that is still oozing blood a bit. However, the pain is gone and I can type. I can tell you that lying on your stomach for a week is not fun at all! :mad: One thing I would like to mention. Interpreting the...
  15. MAESTRO

    Do you see patterns in Random Walks?

    Thank you, Emilio_Lizardo! It was big of you! You are an honorable man! I would also like to offer you one of my flocking models for your own testing. Knowing now that you will honestly present its test results it might help me to establish the fruitfulness of this approach without disclosing...
  16. MAESTRO

    Do you see patterns in Random Walks?

    Thank you so much! Today is Thanksgiving in Canada, so HAPPY THANKSGIVING everyone!
  17. MAESTRO

    Do you see patterns in Random Walks?

    Wow! The best statement in a while! Agree 100%!
  18. MAESTRO

    Do you see patterns in Random Walks?

    I am in the hospital this week; having a minor surgery. I am proud of my company; I have built it from scratch and will be there as long as it takes to make it a huge success! Cheers, MAESTRO
  19. MAESTRO

    Language for automated trading system

    There is no doubt: SCALA is the language! I am blown away by it. If you know C and Java it will take you just a few days to learn SCALA. Cheers, MAESTRO
  20. MAESTRO

    Do you see patterns in Random Walks?

    It's the only efficient way of exploiting grey boxes. As you know, RTN-Stealth is a grey box, not a black box; therefore you need some operators. However, in order to spread the risk you need to diversify; meaning, you need different operators, thus the only rational solution is prop groups...
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