Quote from dafishman:
Ok I will say this one more time, and to the guy who triples his account every 3 months, put your statements where your mouth is....YOUR FULL OF IT...
Physics = useless garbage....UNLESS Your a teacher, unless your an engineer or a teacher, reciting it from the books for others to conprehend.....
NOW to the guy who said, we need physics to turn on the computer and lights, that was YEARS AGO, we are talking about NOW. Physics will help your trading like astrology will....
If you really believe that, you should seriously get some help...
Probably should. Maybe ask these guys, who run probably the most profitable hedge fun of all time:
"How scientific is it? Do you actually use models from science?
The approach is scientific. Scientific sophistication is important. Do we directly apply the Navier-Stokes equation? No. Brownian Motion is something that has a better chance of being applied. Brownian motion is a way of looking at data and ordering random activity, or activity that looks random. Models like that, and approaches like that are very useful. Some stuff comes out of math and physics, especially math where various optimization techniques are used. It's more the sense and sophistication of doing science. We use very rigorous statistical approaches to determine what we think is underlying a phenomenon and really do explain that part of it. But it's not like proving theorems."
http://www.seedmagazine.com/news/2006/09/seed_interview_james_simons_2.php