In the year 2020...

cmdtytrdr · Jul 21, 2013

Many companies no longer need to release quarterly earnings reports.

Traders are now able to analyze a company's earnings in real time. They have attached algorithms to google earth live to map and analyze shoppers traffic going in and out of retail locations. These algorithms also have scanners that can pickup barcodes in the shopper's bags to know how much they spent, and thus are able to deduce a company's aggregate revenues through all their locations.

In other news, day traders are complaining that high speed trading firms have affixed their own sensors - in the stores themselves - closer to the cash registers which they say gives them a twenty second edge in knowing the precise revenue generated before the shopper leaves the location and they can pick it up on their live feed.

Also, in the year 2020...

Trader.Fighter · Jul 21, 2013

Elitetrader.com remains more bearish than ever as the market has rallied 2000% since the lows of 2009

also in the year 2020...

cmdtytrdr · Jul 22, 2013

There's so much INTELLECTUAL LAZINESS on this board now. I don't blame most people. I think it's an accurate reflection of contemporary society in America these days. I'm so sick of it though.

ET, Stocktwits, most blogs just focused on what the next 5 minute bar will look like for a stock. Most corporate boards respond by being obsessed with the next quarter's results and doing whatever they can to improve the bottom line - cutting costs from future productivity by eliminating employees and slashing R&D.

I realize innovation is APPEARING to move somewhat quick these days so it's harder to predict what the future will look like, but that's no excuse to stop theorizing about it even if the visibility is a bit more cloudy than in the past.

It's very easy to get caught up in the speed and instant-results arm race but the average ET trader won't win that battle and also as a whole, it's not a very productive thing for society.

Are the only ones left who do long range thinking endowments, academics, think tanks and Elon Musk?

It wasn't always like this. I tried to generate some brainstorming by posting what I thought an edge might look like in a few years (btw I wouldn't be surprised if it's actually happening now) and all I get is crickets.

Well...can anybody point me to a board where people aren't obsessed with the idea of simplifying and reducing every decision to basic TA.

Or, better yet, would anyone care to throw out some ideas for what changes they see possibly happening in the economy in the next few years OR changes in the way trading is done and new edges are being created?

cmdtytrdr · Jul 22, 2013

Btw...from today's NY Post:

http://www.nypost.com/p/news/international/faces_more_hiding_help_plain_sight_85g4x4Hg2ymAKnhyJ5tFuN

Ash1972 · Jul 22, 2013

Quote from Trader.Fighter:

Elitetrader.com remains more bearish than ever as the market has rallied 2000% since the lows of 2009

also in the year 2020...

I'm sure you were predicting gold @ $4000 this time last year..

clacy · Jul 22, 2013

Quote from Trader.Fighter:

Elitetrader.com remains more bearish than ever as the market has rallied 2000% since the lows of 2009

also in the year 2020...

I don't care who you are, this is funny

cmdtytrdr · Jul 22, 2013

Quote from clacy:

I don't care who you are, this is funny

I agree. LMAO when I read his post. But I think like my post while it was somewhat tongue-in-cheek, there's a part of me that thinks it could be totally on the mark. Is it worthwhile to entertain these ideas even if it just fuels your imagination and doesn't lead to immediate monetization - how terrifying!

MadeMan · Jul 22, 2013

cmdtytrdr · Jul 22, 2013

The richest man in the world is now a high school dropout.

Changes that occurred in 2013 with the passage of the JOBS act; continued loss of confidence in public stock markets through corruption and accounting fraud; and, an ease of rules on how one can invest retirement accounts in the years 2013 - 2015 have led to a huge boom in private crowdfunding.

Said dropout has created the first totally integrated crowdfunding site that is armed with attorneys, accountants and auditors as well video and marketing professionals. In a one-stop-shop this site allows individuals to create videos to do anything from raise money for an operation they may need to fund and invest in their businesses.

The sites popularity grows wildly as it is integrated into a netflix-like system which allows family's to play a shark tank version of the game at home in front of the tv.

The stock market's total market capitalization has now plummeted as most of the money is in private hands carefully vetted by the site's administrators.

As a popular payment option that is endorsed by the site, a bitcoin is now worth $10,000.

Also in 2020...

Option_Attack · Jul 22, 2013