Why is it so important to prevent your kids from becoming educated? Do parents want them to be ignorant instead?
Getting a career is only a part of being educated.
Why not just home school the kid through 5th grade, and then teach them to trade? Save all those wasted years...
There was no flaming. The OP asked a question, I told him what I saw. I also said the reality of trying to mimic large institutions was unlikely.
Several of the followon responses were rather naive.
since you are such an expert because of your readings, why don't you tell the OP how the hedge funds do it. You can start with a detailed statement of the exact "technicals" that SAC uses...
The point is, that I would put my programming experience and many meetings with the algorithmic and system designers at 2 IBs over your "I think, I read the literature, Probably" statements...
Well, therein lies your problem since I was not talking about you, and was replying to someone else. So your analysis is off target, as usual.
I have seen enough of your posts though, to know a newbie
Now, go play in traffic. You are now on ignore.
The climate warming situation is a well-established paradigm. Railing against it is humuorous. Of course there were different climates in the past -warner or colder. Many currently living plants and animals would not survive in these situations.
On the other hand, we are neither likely to...
Quote from TraderJoe08:
I have been actively reading financial material such as Market Wizards and Reminiscence of a Stock Market Operator to name a few.
Quote from Tums:
This is absolutely the worst thing that can happen to a wannabe.
No, Tums - the worst thing is to run into Jack...
You are correct about R.M.. If only the hordes of new traders with attitude and their little brainstorms/ideas would shut up for 10 minutes. The newbies just have to be right about their methods, and are rarely open to listening to anything. Then they wonder why people don't help them or share...
Ignorant is in the eye of the beholder. First, find people who use volume, and then prove it is the volume that makes the significant longterm outperformance. Then, you will learn that price is what matters.
You have little idea how naive you are coming across. My first few replies to you are precisely how the more successful traders approach this.
But you appear to want to try the dead ends first. So feel free to wander. I will put you on ignore so you don't have to hear what really might...