Learning programming/modeling

[JimmyJam]

Quote from ktmexc20:

Sorry dog... you're wrong. Ever heard of the expression "Where there's will, there's certainly a way"? If you ask me, many more than one.

Hey may very well be wrong ... but I agree with'em.

100%.

That's why I recommend the OP go to the pros to help him design and implement his methodology ... or else he's going to have to do a hell'uv a lot of work by himself (while losing a lot of time).

Best,

JJ

 

[psytrade]

I'd recommend reading the alchemy of trading systems by Matthew Hanson, Ph.D.

http://www.amazon.com/Alchemy-Tradi...ef=sr_1_1/102-4668260-2556102?ie=UTF8&s=books

He specfically mentions that a Ph.D is a detriment to developing innovative and truly creative solutions to the trading system problem. I doubt the future of ones success in this industry has anything to do with logic, but more to do with creativity.

JMHO

 

[ktmexc20]

Quote from Valdis:

If you are a creative PhD but you don't understand basics of trading, then you are not only useless in the financial industry (and especially strategy development) but also dangerous

For almost all... I'd certainly agree.

But (big but... ), It's all in the data and a shrewd person could derive the most profitable trading system without ever having one iota of trading experience.

just my $.02,
-kt

 

[bidask]

if you want a get started with Excel VBA look here for a basic tutorial. it should get you started.

http://traderanalyst.jamroll.net/modules/news/article.php?storyid=3

 

[Murray Ruggiero]

Quote from ktmexc20:

For almost all... I'd certainly agree.

But (big but... ), It's all in the data and a shrewd person could derive the most profitable trading system without ever having one iota of trading experience.

just my $.02,
-kt

The question is not if they can develop a system which looks good but will it continue to work in the future. This is the part which requires understanding the markets. I came to this industry in the late 1980's with a degree in physics astronomy and computer science and was not successful in developing systems that were robust until I understood the markets and did not treat it like a signal processing problem. When developing reliable trading systems it is all about the premise.

 

[ktmexc20]

Quote from Murray Ruggiero:

The question is not if they can develop a system which looks good but will it continue to work in the future. This is the part which requires understanding the markets.

Not for real-time dynamic evaluation to...

I came to this industry in the late 1980's with a degree in physics astronomy and computer science and was not successful in developing systems that were robust until I understood the markets and did not treat it like a signal processing problem.

Yeah, Fourier doesn't naturally fair too well with non-stationary data, imo. Wavelets are really cool, not that I'm currently playing with them though.

When developing reliable trading systems it is all about the premise.

Yes, subject to the predicate you might say. ;-)

I love conversing with traders I can somewhat relate to.

 

[rickty]

Quote from psytrade:

I'd recommend reading the alchemy of trading systems by Matthew Hanson, Ph.D.

http://www.amazon.com/Alchemy-Tradi...ef=sr_1_1/102-4668260-2556102?ie=UTF8&s=books

psytrade,

I have an early 33 page version of this book which was entitled "How to Design Your Own Trading System". I thought what he was saying was very basic.

Do you think his finished book you mentioned above is worth getting? Does he actually go through the design of worthwhile system?

 

[TRADERBM]

Learning to program has been on my mind for awhile. I got some useful tips from this thread. Can someone post some basic C++ programming examples. Ie buys , sells, etc.

I would just like to see some basic working programming.

newbie here

 

[ktmexc20]

Quote from TRADERBM:

Learning to program has been on my mind for awhile. I got some useful tips from this thread. Can someone post some basic C++ programming examples. Ie buys , sells, etc.

I would just like to see some basic working programming.

newbie here

I don't think you really want to start with C++. Get your feet wet first. Try Python. Put it this way, it's a well respected language in the scientific community so you know it's robust. Easy to learn too. In fact I'm not aware of one better.

 

[psytrade]

rickty, its simple but useful. The new version is 120 or so pages and for $13.00 from amazon you can't go wrong.

He doesn't get into the details of indicators or anything, but I think for most real systems, if someone talks about run of the mill indicators in a trading system book I'd run the other way.

His opinion is that system development is entirely psychological assuming you have tools in place to properly test your ideas. I think he's right.