Extremely profitable statistical edge but no money to exploit it?
- Thread starter calyst
- Start date
which kind of data did you research the profitability on? Are derivatives involved or is it spot. Which market?
Talk to management at local prop trading firms, if they think your idea is legit and find your personality a good fit, you'll get bankrolled.
I presume you did not test your system with a small amount of money.
And you wanted to test your system with a huge amount of money.
This wouldn't work.
statistical edge?
all statistics depends on a sample........that sample is historical data.........historical data keeps changing as fresh data comes in.
so your inference will change and so will your illusive edge.......it may disappear all together and that is the fate of most of these mumbo jumbo 'systems'
now what markets do is no mystery.......it goes up .over extends and then it goes down until it over extends or tires out. this is all it does.
the problem is to manage this: to trade it. the problem is to measure this over extension.
why apply statistics to this activity? why not apply quantum mechanics ? fucking joke is that even that has been done !!!!!!!!!!!!!!!!! stupidity nay madness
all statistics depends on a sample........that sample is historical data.........historical data keeps changing as fresh data comes in.
so your inference will change and so will your illusive edge.......it may disappear all together and that is the fate of most of these mumbo jumbo 'systems'
now what markets do is no mystery.......it goes up .over extends and then it goes down until it over extends or tires out. this is all it does.
the problem is to manage this: to trade it. the problem is to measure this over extension.
why apply statistics to this activity? why not apply quantum mechanics ? fucking joke is that even that has been done !!!!!!!!!!!!!!!!! stupidity nay madness