Buying a Trading System/Indicators

Handle123 said:
Complex systems CAN be decoded eventually, some of us been playing the game long time.
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Obviously, it depends on the system. Mine can't be decoded. It'd be easier for someone to use the highs and lows of a stock as signals, and then try decoding that. Wait...that is what everyone's been trying to decode. :)

Anyway ...

Handle123 said:
I look at it this way, if I took in money from those I know, I am now having to compete with them for my orders to be filled for a lousy 20-30% return? Instead I can toss on more lots and keep 100%, I did not give up parts of life to give gifts to relatives every week, they can spend the years to get decent at this and do it themselves. They will be calling you bad names when your back is turned or just not smile at you as much if you lose a nickel, no I learned long ago, don't let them lease houses from me nor trade money for them. Why add stress to my life. And when they ask how things are going, response is always with that disgusted facial look and say "Things could be better".
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I get that. But, it all depends. (On trading results, personality, family dynamics/relationships/personalities/etc./etc.) Your mileage obviously...varied. :)

Because that was your experience...or everyone you've ever known's experience; doesn't necessarily imply it'll be everyone else's experience.

And if it is...that's how life works. :) But I do appreciate the warning.
 
userque said:
Obviously, it depends on the system. Mine can't be decoded.
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When we speak about decoding based on signals, complex systems cannot be decoded.
I wrote this before: complex systems cannot be decoded, one can only built a system that approaches the complex system. If systems could be decoded easily people would be able to build the perfect system. Because all they should do is decode a hypothetical system that takes all tops and bottoms.
You wrote correctly: "Obviously, it depends on the system. Mine can't be decoded. It'd be easier for someone to use the highs and lows of a stock as signals, and then try decoding that. Wait...that is what everyone's been trying to decode. :)"

To decode a complex system you need a lot of information:
  • How many timeframes are used?
  • Are these timeframes independant or is data from different timeframes mixed in calculations?
  • How many indicators are used in each timeframe?
  • Do you use the same indicators in each timeframe or not?
  • How do you interprete each indicator?
  • Is interpretation always the same no matter what the strength of the trend is?
  • When indicators are in conflict, which one has highest priority?
  • Are there exceptional rules?
  • thousands of other questions...
There are billions of combinations if all the above questions are answered. I would like to see who can reconstruct a complex tradingsystem from all this information.


Mine cannot be decoded too for the simple reason that the system that manages the calculations from the programming, is located in my head. None of the rules are in any part of the programming, they are in my head.
 
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i am nobody said:
When we speak about decoding based on signals, complex systems cannot be decoded.
I wrote this before: complex systems cannot be decoded, one can only built a system that approaches the complex system. If systems could be decoded easily people would be able to build the perfect system. Because all they should do is decode a hypothetical system that takes all tops and bottoms.
You wrote correctly: "Obviously, it depends on the system. Mine can't be decoded. It'd be easier for someone to use the highs and lows of a stock as signals, and then try decoding that. Wait...that is what everyone's been trying to decode. :)"

To decode a complex system you need a lot of information:
  • How many timeframes are used?
  • Are these timeframes independant or is data from different timeframes mixed in calculations?
  • How many indicators are used in each timeframe?
  • Do you use the same indicators in each timeframe or not?
  • How do you interprete each indicator?
  • Is interpretation always the same no matter what the strength of the trend is?
  • When indicators are in conflict, which one has highest priority?
  • Are there exceptional rules?
  • thousands of other questions...
There are billions of combinations if all the above questions are answered. I would like to see who can reconstruct a complex tradingsystem from all this information.


Mine cannot be decoded too for the simple reason that the system that manages the calculations from the programming, is located in my head. None of the rules are in any part of the programming, they are in my head.
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Not to mention that some systems, like mine, don't use any standard indicators.
 
i am nobody said:
Mine too. Did you decode my system????? :D
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:)

It occurred to me that in the same sense that our systems 'decode' price action; they could be used to decode/forecast/predict another system. So, like you mentioned, with years of signals from a system, a new system could be created to forecast what the primary system would do.

Even so, if a system is that good, then rather than wait to observe years of someone else's signals, just throw tons of readily available market data at it.

So yeah, I'm not worried about any attempts to decode my signals.

I use an ensemble of over 20 algos...don't tell me you do that too? hehe :)
 
No one will ever reveal a method that actually works. I can only think of 2 exceptions:

1) Close friend or relative bringing you on board.
2) SOES bandits were having seminars where they were educating others to get more people involved.

if anyone knows others, please share.
 
userque said:
:)

It occurred to me that in the same sense that our systems 'decode' price action; they could be used to decode/forecast/predict another system. So, like you mentioned, with years of signals from a system, a new system could be created to forecast what the primary system would do.

Even so, if a system is that good, then rather than wait to observe years of someone else's signals, just throw tons of readily available market data at it.

So yeah, I'm not worried about any attempts to decode my signals.

I use an ensemble of over 20 algos...don't tell me you do that too? hehe :)
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What's an algo? :D
 
RedDuke said:
No one will ever reveal a method that actually works. I can only think of 2 exceptions:

1) Close friend or relative bringing you on board.
2) SOES bandits were having seminars where they were educating others to get more people involved.

if anyone knows others, please share.
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I suspect that people are willing to reveal bits and pieces about a successful system.

But I agree, no one will reveal their complete super successful system save those exceptions.

But regarding a system that's successful, but not super successful: I could see someone selling the complete method.
 
isotope said:
From the tidbits which I gathered from my sister, her Feng Shui master apparently has developed a superior business model. First of all, this guy only generates three discrete (non-analog) signals or indicators 1) take no action; 2) buy; 3) sell. There is no degree or amplitude involved in the signals. His probability of being NOT wrong is about 2/3 because the "do nothing" signal always works in his favor. Further more, he needs zero knowledge in the relevant domain of discourse. He can sell his signals for nearly any problem. His fees are not trifle either because all his clients are of very high net worth.
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"1) take no action; 2) buy; 3) sell"...How prophetic
 
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