Boeing suspends production of 737 Max

[d08]

Was! It was fun. But at that time Airbus was not paying that much so I changed industry after some time.

True! That's interesting to see the similitude with trading automation. I still fly manual. But I know the huge potential of flying automation. I admire people who reached that stage and succeeded.

In Flash Boys, Michael Lewis describe the Goldman Sachs complex trading system. For each error that happens, the part concerned is patched. Sub-systems are added when new functions are required.
By accretion of all those modifications during all those years, it becomes a system incredibly complex, redundant, messy and slow, that no IT guy really understands in its entirety.
Therefore nobody is able to modify it in its core to make it simpler, more efficient and competitive against HFT firms.
I believe the more people are involved, the more unnecessary complex it sometimes tend to be . Let's hope that it won't be the same case for airplanes automation systems.

I've never worked as a programmer exclusively, so I cannot comment what it's like in a team but I can't imagine how difficult it must be. Few people I know in the industry have commented that there's always this one guy who writes code that no-one else understands, I suspect I'd be that guy as I don't use testing/assertions and I rarely comment.
There are many approaches to doing the same thing, sometimes they are equally valid. Now if you have a team of coders each writing functions according to their preference and philosophy, it can become really bad. Then again, as Github projects are proof of, it can and will work. I've participated in a few and as long as there are only a few main maintainers to keep the structure in check, it's not as bad.

 

[ironchef]

That's a very cool job to have. My experience in the industry, just like @Seaweed, comes from watching Mayday/Air Crash Investigation seasons (all of them) and Youtube, so I'm clearly an expert...

What you described is getting more and more common in mixed systems. I've had it with trading multiple times. I run fully automated but there have been failures or unique situations where I've interfered. The code is complex enough with order submission checks, position size adjustments depending on margin etc. so that when I manually interfere, I've gotten into a "battle" with the automation itself. The more complex systems become, the more difficult it is to estimate how humans and machines interact. It's even worse for a pilot because he didn't design the automation system so he probably does not have a very good idea what's going on in the software at any given moment, training can only do so much.

It has been my goal/dream to automate my trade. Do you have any suggestions for me?

Thanks.

 

[ironchef]

Was! It was fun. But at that time Airbus was not paying that much so I changed industry after some time.

True! That's interesting to see the similitude with trading automation. I still fly manual. But I know the huge potential of flying automation. I admire people who reached that stage and succeeded.

In Flash Boys, Michael Lewis describe the Goldman Sachs complex trading system. For each error that happens, the part concerned is patched. Sub-systems are added when new functions are required.
By accretion of all those modifications during all those years, it becomes a system incredibly complex, redundant, messy and slow, that no IT guy really understands in its entirety.
Therefore nobody is able to modify it in its core to make it simpler, more efficient and competitive against HFT firms.
I believe the more people are involved, the more unnecessary complex it sometimes tend to be . Let's hope that it won't be the same case for airplanes automation systems.

Here are some opinions based on history, not engineering/techie (I assumed you are an engineer/techie):

The marches to more complexity, automation, computer control is inevitable because we demand better and better attributes in our designs.

Computers, automation actually make systems safer if the basic design principles incorporate "fail safe" and with redundancies built in (Boeing's sin, Airbus is smarter, they have 3 AOA sensors on their airplanes).

As for trading, I assumed most of us here are retails and probably don't have the firepower to fight the GS, HFT... For many perhaps it is better to trade where the whales find it not worth their while to play.

Best regards,

 

[Cuddles]

Do you actually understand that idiom? You actually said that in relation to this situation. Two crashes just after take off where the pilot was unable to stop the plane from nose diving. Everyone on those flights saw it happening, the ground coming up at them. They knew they were about the go down. And all their relatives know that they knew. I wonder how much you actually feel as the plane hits the ground. Guess the fuel explosion takes you out pretty fast. What a rush. "Polished Turds!" Someone get this guy a MarCom role asap.

Save me the drama, if the polished turd (a term I'm using in hyperbole for a multi billion dollar project) had correct software advising the pilot, it would not have fallen out of the sky, point blank.

There should be no compromise when 100s of people's life's are on the line. I bet you would sing a different tone, if god forbids, it was your loved one on those planes.

The whole thing is a failure from top to button. The only way why this plane saw the light of day is because Boeing lobbied to allow FAA to be self certifying their own product.

If FAA had a full say, it would not get certified. Up to this week top management was sure restriction would be lifted by year end, but it was not. Rest assured if it was up to Boeing, those planes would be back in service. Who wants to loose billions.

Their greed and stupidity costed a lot more than they made. And will continue to cost.

There's plenty of "compromised" hardware flying out there, you don't hear about it because it's patched well enough to not fall out of the sky. This plane would still be flying and we'd be none the wiser had the right software been applied, so don't necessarily agree the product was a failure from top to bottom.

I agree that lobbying from companies to dismantle regulatory bodies needs to stop, I just don't know if the FAA would've caught this particular issue.

 

[d08]

It has been my goal/dream to automate my trade. Do you have any suggestions for me?

Thanks.

Simple is never simple when done properly and complex is usually much more complicated. The market is full of exceptions and non-standard situations. What information are you looking for?

 

[Cuddles]

 

[Cuddles]

https://abcnews.go.com/Internationa...ran-shortly-takeoff-iranian/story?id=68135334

Boeing 737 plane crashes in Iran shortly after takeoff, Iranian news agencies report
The Ukranian Airlines flight crashed near the capital of Tehran.

 

[ironchef]

Simple is never simple when done properly and complex is usually much more complicated. The market is full of exceptions and non-standard situations. What information are you looking for?

How do I link up my excel calculation/outcome and input to my brokerage trading platform to trade automatically; how do I automate realtime download of brokerage data into excel.

 

[d08]

How do I link up my excel calculation/outcome and input to my brokerage trading platform to trade automatically; how do I automate realtime download of brokerage data into excel.

It entirely depends on the platform and Excel will never be a solution for full unattended automation. Start reading about the brokers API and what they offer.