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  1. MAESTRO

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

    There are about 300,000 of price ticks (up or down) in the ES each month so 300,000 x 0.000977 = 293. That is how many times a month you might see the trend on a tick chart. Given that there is always a slight bias on the markets (on average 4 - 5 % difference between up ticks vs. down ticks)...
  2. MAESTRO

    Is trading that hard? Or are people that stupid?

    Here is the guy who knows a thing or two about markets! Love it. Short, sweet, accurate and direct description of this game! I agree 100%
  3. MAESTRO

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

    If you flipped an unbiased coin 10 times and by an accident this coin has landed all 10 times on “heads” does it mean that you are in a “head trend”? Trends are the observations made on the past behavior. At any point of time the probability of the trend to continue or reverse is still...
  4. MAESTRO

    What is up with this rally?

    Now that is a Fantastic piece of news! Good find! Definetely food for thought here. Sorry for the previous joke, could not help :D
  5. MAESTRO

    What is up with this rally?

    I think there were more buyers then sellers, no? :D
  6. MAESTRO

    Simple, Highly Profitable & Safe... Strangle-to-Collar

    With the current 1 STD of 100 points a month you have almost 90% probability for 50 points reversal at which point of time your margin is going to blow up. Also, there are a lot more effective strategies that allow you to hedge your short naked options without having to increase your size and...
  7. MAESTRO

    Computer Generated Trading Strategies

    I still disagree with your conclusions. Try to think what would happen to your approach applied to purely random data. If you still find a successful strategy in the random set of data it is a contradiction as there is no such strategy possible. It has nothing to do with either space of your...
  8. MAESTRO

    Computer Generated Trading Strategies

    Hi there: The main problem with your concept as well as any other similar concept based on identifying the winning strategy on a set of data is that once found it might not work at all on the new set of data. It’s called “curve fitting” meaning that there is no way to identify a wining...
  9. MAESTRO

    beginner

    Where can I learn how to be a brain surgeon? I want to operate within 3 month or less and try it on my relatives. I have never tried any of the medical professions before, but it seems that a neurosurgery is the thing for me. I have already bought a few scalpels and I am ready to go. I am not...
  10. MAESTRO

    Day Trading don't work

    http://www.elitetrader.com/vb/showthread.php?s=&postid=723371&highlight=history#post723371
  11. MAESTRO

    News trading

    Latent Semantic Analysis. We are using it to filter the news. It is not important what source of the news you use, it is important, however, to have lots of it. We use about 250 different WEB crawlers (all free) to collect the news. http://lsa.colorado.edu/papers/dp1.LSAintro.pdf
  12. MAESTRO

    Pictures of your trading stations

    Still around. Was having health problems for more than a year. Looks better now. Thanks for remembering me. Will post the updates later on as much as I can disclose. We have made a couple of deals with BIG BOYS so I don't exactly know how much I am allowed to tell you. Generally, the system that...
  13. MAESTRO

    Pictures of your trading stations

    Isn't it a little harsh? :D
  14. MAESTRO

    Physics and Trading? Hmm…….

    :D :D :D
  15. MAESTRO

    Pictures of your trading stations

    Trying to order one as a demo unit to try it out with our trading system. Will share the results. (Might save big on monitors :D ) Cheers
  16. MAESTRO

    Pictures of your trading stations

    Nice to hear from you, Thunder! Miss your jokes! I love your sense of humor! You always make me laugh! I still read some of your posts and chuckle!
  17. MAESTRO

    Pictures of your trading stations

    :) :) :)
  18. MAESTRO

    Pictures of your trading stations

    Thanks again. I am an ex-military man (major, air force) therefore I am a fighter, so I'm not giving up! I do feel better this year. Thanks for your support and kind words!
  19. MAESTRO

    Pictures of your trading stations

    Thanks man. If I only could improve my health! I spent most of last year in the hospital. Still going back and forth ... luv trading though ... Cheers
  20. MAESTRO

    Pictures of your trading stations

    I started in 1990 with 5K. Lind-Waldock account with $30 commissions per trade. Back in the days! I've lost it all. Did learn something though! Borrowed 10K (never ever, ever, ever do it!) Lost it too! Got the margin call on 10 contracts of Canadian Dollar. Borrowed another 10K. Learned a lot...
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