Algo & Quant traders

[taowave]

Stay in your lane Bro

These are the same people who will tell you that "Past performance is no guarantee of future results" when talking about TA lol. All they do is backtest. What's up with that? Algos are more just a way to automate a losing strategy based on rigid rules. Quant trading is more flexible as its more about finding opportunities.

Algorithmic (algo) traders use automated systems that analyze chart patterns then open and close positions on their behalf. Quant traders use statistical methods to identify, but not necessarily execute, opportunities. While they overlap each other, these are two separate techniques that shouldn't be confused.

Quant trading employs a wide range of statistical and mathematical techniques to analyze data and develop predictive models. Technical analysis-based trading is more focused on identifying patterns and trends in price data.

Quant and TA sound like the same thing...I mean chart patterns essentially have all the quant math built in. Quant trading is like trying to find the recipe for a cake when you can just go buy the cake. Quant trading would make sense if charts didn't exist lol.

 

[poopy]

Hello wxytrader,

Please show me 1 algo or quant trader who is a millionaire from being a algo or quant trader.

Thank you,

P.S. There is None.

lol I can show you ten that I talk to every day.

 

[SimpleMeLike]

In your world there is none...

In the real world,there are many

Hello taowave,

Please show me.

As my grandfather always told me "Boy shut up all that talking, I see better than I hear and read."

Show me an algo or quant that made more money then I made this month clicking buy and sell button PLEASE with 1 ES contract. Show me!

You can not show me nothing.

Until then.........

Algo trading system + quant trading systems = SCAM and LIE.

 

[taowave]

If you and your buddy WXytrader say it aint so,thats good enough for me..

Hello taowave,

Please show me.

As my grandfather always told me "Boy shut up all that talking, I see better than I hear and read."

Show me an algo or quant that made more money then I made this month clicking buy and sell button PLEASE with 1 ES contract. Show me!

You can not show me nothing.

Until then.........

Algo trading system + quant trading systems = SCAM and LIE.

 

[wxytrader]

Stay in your lane Bro

To keep with your theme...Quants are basically rediscovering the wheel...that wheel being EW. Algos are just to automate so offer no real technical advantage unless there was one already.

 

[schizo]

Quant trading is like trying to find the recipe for a cake when you can just go buy the cake. Quant trading would make sense if charts didn't exist lol.

Algo trading and quant trading= SCAM

Please show me 1 algo or quant trader who is a millionaire from being a algo or quant trader.
P.S. There is None.

Well, why don't you two show me a successful trader who is also stupid.

 

[cesfx]

This thread LOL

 

[taowave]

Keep in mind,the thread starter thinks selling puts is a bearish play

This thread LOL

 

[wxytrader]

Keep in mind,the thread starter thinks selling puts is a bearish play

If it's a bullish play then why don't you just buy calls or stocks and have unlimited profits? Selling puts is when you want to accumulate stocks and get paid for it. You guys have been drinking the retail cool aid lol

 

[wxytrader]

Well, why don't you two show me a successful trader who is also stupid.

I'm super stupid and I managed to get a 2008 Lambo trading. I tried some AI/algo platforms and gave up after about 2 minutes trying to navigate the platform. So unnecessarily complicated. Then they contacted me about why I quit the trial and I said said look guys. If it worked you wouldn't be selling it. You'd be using it.