Algo & Quant traders
- Thread starter wxytrader
- Start date
There are only two true Lamborghini models - Miura and Countach. Everything else is meh
Any SUV is an abomination
A "performance" SUV is literally a crime against humanity.It's also actually an Audi.
The reality is no one in that space has ever built reliable stuff.
The best of the group burns to the ground.
Consumers like us buy them - throw a sheet over them - and let them sit for decades.
My experience is the best is the GTR. Have a gray one in the garage.
The reality is no one in that space has ever built reliable stuff.
The best of the group burns to the ground.
Consumers like us buy them - throw a sheet over them - and let them sit for decades.
My experience is the best is the GTR. Have a gray one in the garage.
Chart based trading generally is subjective and the subject of interpretation of each individual. That's why you can have two users of the same methodology come up with different interpretations of the same information. In fact, their interpretation could be subject to their daily mood and feelings on any given day, meaning the very same person could interpret things differently today versus yesterday. Any time you ask a chartist about where the market will go, you're usually left with the same answer: "It can go up, but it can also go down."
Quantitative trading is generally objective and not subject to discretion, although if it's semi-automated, it could still be subject to how the user interprets and acts on the data. If it's fully automated, there is no discretion at all.
Personally, I generally don't use chart formations in my trading. And I know through my own statistical work that there are many patterns which could not be seen or found by merely looking at charts alone, even if the raw input data is the same: the numbers.
Simple example:
This week closed down 3,18 % at the very low on Friday with the weekly high on Monday - down 6 % from the current top. Historically, what happened the coming Monday looking at similar patterns? The coming week?
If one so desires, one could also add in the prior week being down as well.
Good luck finding the answer to a question like that from simply scrolling a chart. In theory, you could, but it would for sure be a ton of work. But for someone with access to that type of data, it would take a few minutes or less.
Quantitative trading is generally objective and not subject to discretion, although if it's semi-automated, it could still be subject to how the user interprets and acts on the data. If it's fully automated, there is no discretion at all.
Personally, I generally don't use chart formations in my trading. And I know through my own statistical work that there are many patterns which could not be seen or found by merely looking at charts alone, even if the raw input data is the same: the numbers.
Simple example:
This week closed down 3,18 % at the very low on Friday with the weekly high on Monday - down 6 % from the current top. Historically, what happened the coming Monday looking at similar patterns? The coming week?
If one so desires, one could also add in the prior week being down as well.
Good luck finding the answer to a question like that from simply scrolling a chart. In theory, you could, but it would for sure be a ton of work. But for someone with access to that type of data, it would take a few minutes or less.
:max_bytes(150000):strip_icc():format(webp)/CupandHandleDefinition1-c721e47fd1f7451997d0d5d941f6e174.png)
You can see the 50% fib was hit, and the handle completed just around .382 which is typical. I could have told you this was going to bounce back in October...and given a target price. I could have eyeballed it for you.
Sure there are price anomalies that sophisticated quants can decipher, but they are likely only exploiting arbitrage at that point with HFT as there would be such a miniscule advantage. Definitely not something you are going to achieve from your basement.
Quantitative arbitrage is a strategy centered around exploiting inconsistencies in market prices to generate profits. This strategy relies heavily on extensive data analysis and complex mathematical models to determine when and how to execute trades to maximize profits.
Last edited:
If you could have - then why didn't you?
You come across just like every other trading author who annotates yesterday's chart with perfect hindsight patterns.
Instead, if you want to demonstrate your skills, let us know in advance next time.
Good luck with that..Hes like 99 percent of all the Elliot Wavers out there,great hindsight analysts with zero money management..