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  1. dtrader98

    Save capitalism from the banks - Nassim Taleb

    You pretty much paraphrased "The Creature From Jekyll Island." Not only has the author been uncannily prescient, but considering his thesis on the end game, I sincerely hope he is wrong for once.
  2. dtrader98

    Madoff whistleblower tips SEC to two new cases

    If you watch the c-span testimony before congress, they ask if there are any other Madoffs around. He responds that there is a certain billionaire... I believe this must be the same individual flytiger has been referring to and remains to be revealed. In my eyes, Markopolos is a hero; woven...
  3. dtrader98

    The Heretics of Finance

    Mentioned this in a thread a while back. I was not impressed with the roster of candidates they chose to interview (Pretcher, Acompora, etc...), except maybe Raschke. Surprised Lo would stoop to this level (even though it was a student that pretty much did the leg work). Absolutely nothing...
  4. dtrader98

    S&P500 stocks correlation with SPY

    A more useful test IMO, rather than to use the median, is to apply it to data on days/weeks where S&P500 exceeded historical 5 sigma deviations. That's where you should expect average correlations to really shift towards the right. Some ideas along these lines are developed here...
  5. dtrader98

    Do You Think Trading is Gambling?

    Not that it will change any minds, but here are some wise quotes from 'how to figure the odds,' by Oswald Jacoby. 1940 "It has been said that nothing is certain except death and taxes. Actually, this statement is almost completely fallacious. Past experience of the human race tells us...
  6. dtrader98

    How to calculate probabilities?

    Look under probability to occur an eventual absorption of geometric Brownian motion and expected first hitting time. Nice free site includes excel calculator to extract these numbers under monte carlo simulation of paths. You simply enter estimated drift and variance of the instrument you are...
  7. dtrader98

    DDR 3 Memory Speed

    This comparison did not look too favorable for ddr3 to ddr2. Although, the theoretical speed of ddr3 is much faster due to smaller processing technologies, there are still limitations due to overall system interaction/configuration. The review found a much greater improvement was due to the...
  8. dtrader98

    Virus Killed My Harddrive-reformatted 3x+still Bad.

    Never thought I'd see the day, but I picked up a nasty one called seneka (AVG didn't even see it). Caused the computer to shut down randomly, with messages from microsoft prompt about sorry but there is an error and your computer must be shut down. It would then constantly shutdown in a few...
  9. dtrader98

    How Do Options Make Predictions?

    Never a dull thread with Maestro on board. Something to ponder.:) http://www.bulldogtrust.com/trading.htm "A POSSIBLE IMPLEMENTATION: Analysis was done of a sample strategy based on using put option "insurance" purchases to predict institution-sized IBM stock purchases. It appears the...
  10. dtrader98

    how do you test for "streakiness"

    Good answer by MGJ (one of the better posters still here). However to OP, reducing size does not reduce profits if you understand kelly betting principles. Get acquainted with it and it will dramatically change your viewpoint and understanding of this concept.
  11. dtrader98

    Do You Think Trading is Gambling?

    http://elitetrader.com/vb/showthread.php?s=&threadid=133436&highlight=gambling stick around here long enough and you'll get to see the same issues recycled and re-debated over and over. Gnome, I see you're still trying to stick to your rigid view, but on your "TRADING IS NOT NECESSARILY...
  12. dtrader98

    Unemployment Numbers in Line

    Considering the Market action prior to the bad news period you describe was one of the absolute worst on record, and if you subscribe to the theory that the market prices forward expectations, then wouldn't that behavior make sense? We now have a ~50% draw-down (95%/2sigma for de-trended...
  13. dtrader98

    Ayn Rand and trading...

    The reality is that human corruption holds no prejudice nor preference towards either ideology. On the one hand, you have the above version tainted by corruption. On the other, we have the copious benefits of deregulation manifested in such great thinkers as Kenny Boy and Andrew Fastow of...
  14. dtrader98

    Stationarity Tests to Analyze DrawDowns

    just plot a standardized frequency distribution in excel and you have what you requested. It's not always necessary for a distribution to be normal to make some conclusions; look up Tchebycheff's theorem, for example. Just don't assume 3-5 sigma limits are maximum deviation. Last year, we...
  15. dtrader98

    98% of Traders Fail? Says Who...?

    Why on earth would you scare the average broker? The more you trade, the more they make commissions, regardless of the outcome. au contraire... The only thing that might actually scare the average broker is if everyone turned buy and hold on zero margin and refused to get shaken out above...
  16. dtrader98

    How long does AVG take to scan?

    Not sure I agree with that. By your logic, the scan time should not have changed at all from the time my drive was 1% occupied and 90+% (which it drastically has), because I know for sure that my CPU and hdd speed have not changed much. And regarding defrag, here's a quote from the very 1st post:
  17. dtrader98

    what's the deal with collective2?

    According to the sample distribution I posted earlier, the average return for the collective systems posted was -24%/week with SR ~-.4. Not exactly on par with S&P500. However, that being said, the samples I took were from the extremes (that we have available). And I'm still not clear if...
  18. dtrader98

    The Stock Trader by Tony Oz

    Both books collect dust on the shelves. Stock Trader: Essentially, a diary of his trades which are primarily discretionary, minimal systematic type approaches with no statistical or summary type analysis. Large portion of allocated principal applied towards trades with small scalping...
  19. dtrader98

    Fry's exec dropped millions on gambling

    San Jose -- In casino parlance, there are the pikers, the cheap gamblers who spend hours at the nickel slots sucking down free drinks. There are the high rollers, who spend big money and are treated to free rooms. Images Ausaf Umar Siddiqui worked at Fry's Electronics for 20 ye... View More...
  20. dtrader98

    Moving Average Crossover

    While the list is a useful contribution and effort on behalf of the provider(s?). It would be immensely more useful to provide samples of N period objective functions or simple returns based upon any given indicator's entry/exit criteria. Any list of that somewhere on the forums? If you...
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