Do you see patterns in Random Walks?
- Thread starter atlTrader666
- Start date
Am I supposed to be impressed by the array of screens? LOL
Perhaps I should be embarrassed, but I have been a member of ET a long time and usually have logged on most days I trade. I am familiar with most of the characters here, past and present, include the maestro.
One of the great things about extracting ALL my financial resources from trading is the independence from the corporate imperative. This is probably why I have turned down every opportunity to manage OPM. I do know people who do, however. They work in very nice buildings and have the best equipment too. Yet I don't envy them, because they are, first and foremost, marketers.
Trading is a much different game than managing pools of OPM. Why is it so rare to find managers of OPM recognize that their marketing material to their clients is not how the markets really work? In the case of people with science Phd's maybe it's not so easy to realize that it doesn't require any formal education to extract returns that run circles around the meager sums they earn for their clients.
Yes, yes, size matters, of course. But bigger is not better in the markets, and more screens just mean more screens.
Obviously the screens impress you. Maybe the point of the screens is to impress people. He makes his living skimming fees off OPM, right? Attracting OPM is not so easy if your returns don't stand out among the pack, so why not use an angle if you can? The maestro with his array of screens.
Enjoy your weekend.
Whassup Ikarus?. Did you burn your wings once too many times at the open and the close where the volume clusters?. Are you angry with your father?. hehe. IMO you got nothing.
Quote from SrRuthenate:
Whassup Ikarus?. Did you burn your wings once too many times at the open and the close where the volume clusters?. Are you angry with your father?. hehe. IMO you got nothing.
Hah! Yeah good one! Still reeling from your sacred cow being gored?? Didn't mean to break up your circle jerk party. I had no idea the safe word was DUMBSHIT.
Look in the mirror, that's the dumbest shit you'll ever see in your miserable life... hehe.:eek:
Are you going to hit me with a paternity suit next?. hehe.Quote from icarus618:
Hah! That ain't gonna work on me I come and go as I please. Nice try, mofo, nice try.
Maestro must notice some non random looking moves in the market.
He feels comfortable calling them random because they eventually break down.
But, I know a Chaos scientist, who was involved in a fund... and that fund had a book written about it.
I am not a liberty to say what they discovered (and I only know what I guessed and he confirmed) ... but I can tell you this, it is a matter of perspective, the markets are predictable enough that they became very profitable.
I suspect Maestro's flocking concept is really a way of observing predictable outcomes assigning a wave function to them and calling it random.
But the players trading those moves on a lower time frame know better.
He feels comfortable calling them random because they eventually break down.
But, I know a Chaos scientist, who was involved in a fund... and that fund had a book written about it.
I am not a liberty to say what they discovered (and I only know what I guessed and he confirmed) ... but I can tell you this, it is a matter of perspective, the markets are predictable enough that they became very profitable.
I suspect Maestro's flocking concept is really a way of observing predictable outcomes assigning a wave function to them and calling it random.
But the players trading those moves on a lower time frame know better.