Algo & Quant traders

taowave said:
I LOL at your aversion to hard work..

No algos

You do you
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Hello taowave,

You got that right. Working Hard is stupid in trading. Makes no sense.

It is 2024, why would you work hard for in trading?

Work hard in what?? What to do? What book to read? What algo to trade? What idea to back test? man you be 80 years old still trying to figure it out. While I am rich already by betting on my own eyes and not reading a damn thing that not showing me how to make money in the ES EASILY!! My eyes will never lie to me.

not me, guessing game!! Done! Money in the bank! While you go study to be quant trader, and you know no-one millionaire from quant trading.
 
You are right..I dont know " no one millionaire " from quant trading..

I know many....




SimpleMeLike said:
Hello taowave,

You got that right. Working Hard is stupid in trading. Makes no sense.

It is 2024, why would you work hard for in trading?

Work hard in what?? What to do? What book to read? What algo to trade? What idea to back test? man you be 80 years old still trying to figure it out. While I am rich already by betting on my own eyes and not reading a damn thing that not showing me how to make money in the ES EASILY!! My eyes will never lie to me.

not me, guessing game!! Done! Money in the bank! While you go study to be quant trader, and you know no-one millionaire from quant trading.
More...
 
taowave said:
You are right..I dont know " no one millionaire " from quant trading..

I know many....
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Hello taowave,

Good for you buddy. Glad you know many millionaires doing the Quant trading. I hope they can help you be millionaires too. Good for you on the quant trading.

For me, I know no-one, so I believe Quant Trading and Algo trading systems is still a scam and lie to me.
 
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Yes thank you..

SimpleMeLike said:
Hello taowave,

Good for you buddy. Glad you know many millionaires doing the Quant trading. I hope they can help you be millionaires too. Good for you on the quant trading.

For me, I know no-one, so I believe Quant Trading and Algo trading systems is still a scam and lie to me.
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rb7 said:
How to say that you're completely clueless without saying that you're completely clueless....

wxy arguing with Rob about how to make money trading:rolleyes:.....
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I was just pointing out that you know all this quad stuff is already in the chart like you're just calculating what the charts already presenting you.

So essentially I'm a visual Quant and you guys are data quants
 
globalarbtrader said:
Trading is weird. Is there any other field of human endeavour where uneducated amateurs consider themselves superior to professionals? Except maybe politics. Amateur gamblers in other fields like poker, might think they are better than they really are if they happen to have been lucky, but do they all seriously think they could consistently beat Phil Ivey?

Imagine if there were people who played golf, but instead of using a club they used a tennis racket. They have (obviously!) never received any coaching or seen people playing golf professionally. Then they went on the internet saying:

I just did a par five birdie! It was the first and only hole I have played.

Show me a guy who uses a golf club who can do this. THERE IS NONE.

I'm the one who is swinging my racket. I'm the one in the 19th hole bar with the keys to my 2008 Lambo. As far as I'm concerned until I start seeing some tennis rackets you guys are just a bunch of blah blah losing golfers because if you can't use a racket you can't play golf whether 'club' or not.

Good work buddy.

Good to see a club using golfer hitting under par. I never seen or heard of such golfers.

Sounds like TOO much work and effort. Easier to just stare at the hole and use your racket.



GAT
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So how many trades are you pulling like? What's the deal with fees? Do you need to set up your own server or something? I mean fees would be horrendous.
 
wxytrader said:
So how many trades are you pulling like? What's the deal with fees? Do you need to set up your own server or something? I mean fees would be horrendous.
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Hello wxytrader,

To be a quant trader or algo system trader. You need at bare minimum about $500,000 because you have to run uncorrelated diversified algos in a portfolio if you want money every year. Like 50 algos at once.

It's a complete waste of time. You don't have $500k, no trading ideas to back test, and not even worth it.

Dollar cost SP 500 index is far easier and click the chart to get rich, quickly far easier less stressful.
 
globalarbtrader said:
Trading is weird. Is there any other field of human endeavour where uneducated amateurs consider themselves superior to professionals? Except maybe politics. Amateur gamblers in other fields like poker, might think they are better than they really are if they happen to have been lucky, but do they all seriously think they could consistently beat Phil Ivey?

Imagine if there were people who played golf, but instead of using a club they used a tennis racket. They have (obviously!) never received any coaching or seen people playing golf professionally. Then they went on the internet saying:

I just did a par five birdie! It was the first and only hole I have played.

Show me a guy who uses a golf club who can do this. THERE IS NONE.

I'm the one who is swinging my racket. I'm the one in the 19th hole bar with the keys to my 2008 Lambo. As far as I'm concerned until I start seeing some tennis rackets you guys are just a bunch of blah blah losing golfers because if you can't use a racket you can't play golf whether 'club' or not.

Good work buddy.

Good to see a club using golfer hitting under par. I never seen or heard of such golfers.

Sounds like TOO much work and effort. Easier to just stare at the hole and use your racket.



GAT
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Good Evening globalarbtrader,

My Bills due on the first of the month and I'm starving in hungry pains.

You offer no realistic real life way to put money in a man pocket and food on a man table from the trading industry or business. And you take to long to explain it.

All you talking about is what professional traders are doing. Man, I don't care about no professor traders or what no 95%of traders are doing or statically data, and firms, and all that stuff. blah blah.

The ES market opens at 8 30am central and money needs to be made.

Question:

1. How can I put money in pocket GURANTEED from the trading markets? And explain quickly and fast.

Answer: stare at the chart and click and EAT. And hurry up back to full time job to make more money. Money money
Quick and fast. And needs to be guranteed from the ES markets.
 
You are 100 percent on the right path..Keep on clicking



SimpleMeLike said:
Good Evening globalarbtrader,

My Bills due on the first of the month and I'm starving in hungry pains.

You offer no realistic real life way to put money in a man pocket and food on a man table from the trading industry or business. And you take to long to explain it.

All you talking about is what professional traders are doing. Man, I don't care about no professor traders or what no 95%of traders are doing or statically data, and firms, and all that stuff. blah blah.

The ES market opens at 8 30am central and money needs to be made.

Question:

1. How can I put money in pocket GURANTEED from the trading markets? And explain quickly and fast.

Answer: stare at the chart and click and EAT. And hurry up back to full time job to make more money. Money money
Quick and fast. And needs to be guranteed from the ES markets.
More...
 
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