Quote from TSGannGalt:
Some of the things you mention do not make much sense to me.
I doubt that these "expert traders" or "whales" are not going be using retail platforms or technology for their trades, especially the ones they offer in Traders Expos. Your industry knowledge seems to be extremely out-dated... Seriously, why do you think people are discussing about automating their stuff on their own? Because retail environment sucks.
We both agree that after a certain point the retail discussion is over. My intention was to point out that experts and whales are NOT using what the Expo has in the Exhibit Hall nor in most presentations. That is why I tried unsuccessfully to state that guys like "Traders you have never heard of" who appear on panels always have their programmers, who do not use retail offerings, on hand too, There is an informal exchange going on among these types. In your first comment sen
tence I read it as if you did not put the NOT in the sentence.
Also, being skeptical is a very good thing. They should be skeptical about me. They should be skeptical about you. Of course, skeptism in this stage is "inductive" at best. There are no data set and information provided to conduct a deductive conclusion about what you say, (or anyone says). So you can't just shun out people and say, "They're struggling and never get it", if you are critisizing everyone for being inductive. As I mentioned, you in fact, can be the biggest contraversy to your own claims.
I did follow your prior scepticism. And I know what I suggested is quite harsh. I probably should comment on where and how induction must drop out of the picture. Others do continue to speak about this. In my case I religiously follow their insights and years of work to get to the common ground we have.
Models and trading ATS's have some tough requirements for them to work. I am thoroughly focussed on extracting the offer of the market. I believe that is it possible to continually deduce what the market is offering. One major aspect is to only dwell on the trading fractal at all times and only use the market variables dictated by the market. Further, using these valid hypotheses, only a proper parametric measure may be used.
You do differently than I. Were I you, I would be sceptical of what is typed here by me. The primary reason is that I am not doing what you do and you do not do what I do. I must tell you that I have been here and there and I do know how a lot of experts trade and how their programmers program. I am able to improve their performance usually. Usually there is no animosity in the space; I believe the reason has to do with money. everyone has it and they know they will never deal with "empty". There is no empty once a person is an expert trader.
Anyways... I hope you comment on my previous posts. I hope you understand that this discussion will only go in circles if you don't...
I will comment. At some point in this forum a thread I am participating in will start up again. you will enjoy seeing how it turns out on several levels.
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