Quants also use technical analysis?

[IluvVol]

So, where is your contribution besides questioning peoples claims? I am happy to walk you through a number of the most often used interest rate models because I think thats what most quants work with/on in the fixed income arena. I can speak less about the equity side but I highly doubt anyone looks at some indicators or most common used technical analysis. We can debate for an eternity what you and I mean about TA or quant but why cant we settle on the most common usuage and meaning of TA and quants? I think TA for most means the investigation of past prices and deriving certain conclusions that are supposed to guide in the discovery of future price levels. This I dont think any quant in any of the sell-side firms does!!! As an aside note, there are CTAs at sell-side firms that use TAs but quants generally dont bother with any past price action.

Quote from traderNik:

Why is it that this just seems... less than likely to me? : )


Hmmm.. it seems that a few people in here have somehow come to believe that all 'quants' use things like RSI, MACD, etc.

Of course there are 'quants' who use technical analysis. The only people who might doubt this are those who think that RSI, MACD and the like encompass all of technical analysis. Of course all of what quants do probably isn't TA, but that doesn't mean that some of it isn't TA.

In the end, quants are attempting to do what? Quantify.

 

[bellman]

hey, don't diss the geico caveman. it was a good series until recently!!!!!!!

I'm serious/

Quote from MarkBrown:

i read this, and am at a loss for words - so i will lurk and try to wake up from this bad dream. mb

ps i feel like i am at a party with the cave men from gieco....

 

[bellman]

does anybody on this board care about fixed income interest rate models? And this comes from a fellow volunteer.

Quote from IluvVol:

So, where is your contribution besides questioning peoples claims? I am happy to walk you through a number of the most often used interest rate models because I think thats what most quants work with/on in the fixed income arena. I can speak less about the equity side but I highly doubt anyone looks at some indicators or most common used technical analysis. We can debate for an eternity what you and I mean about TA or quant but why cant we settle on the most common usuage and meaning of TA and quants? I think TA for most means the investigation of past prices and deriving certain conclusions that are supposed to guide in the discovery of future price levels. This I dont think any quant in any of the sell-side firms does!!! As an aside note, there are CTAs at sell-side firms that use TAs but quants generally dont bother with any past price action.

 

[annaland]

I don't know where you people get your information on quants... craigslist?

IluvVol has posted some incredibly accurate information on both what quants do and how they do it. Their work has nothing, <b>nothing</b> to do with TA. The misconceptions posted here stem from the fact that some of you, not only being 110% successful at retail trading but are also (retail) “quants”. IluvVol has given you great quant insight into what the industry quants are working on now. I suggest you do some research on your own and talk to the real quants, not just the esteemed craigslist/ET “quants”, who couldn’t decipher Ito’s lemma from Euler’s formula, not to mention apply it in their own model building. Good luck to all you quants, your chart patterns will <b>almost surely</b> contribute to your ‘successful quantitative trading’.

 

[youngtrader]

LOL man its fun reading about 2 nerds going at it around 1am. Get a life you guys! As for math im taking algebra 2 in high school now and will take pre calc my senior year. IMHO it is a complete joke and complex math is completely worthless to me exept it gives me a little chance to get a nap in during the day. You guys can fight about this all you want and I know im going to get critisized for this post but I don't really care. First people were using fundamentals then technicals but now math? What the hell man!

 

[marketsurfer]

Quote from nitro:

Surf, remember, when you work for someone else, you live by their rules, their definitions, their limitations. Think about that, then think about what you wrote.

If one day you find a method that works, is your own, understood what was needed to make it work, what would you tell someone when they told you "wouldn't be hired" if you believed as you did?

lol

Break out of your language jail. Categories are invented by men as an organizational principle, but they should be our servant, not our master.




nitro

on the low end, nitro, perhaps.

many are hired to be creative, to break out of pre existing limitations. however, this does not include changing definitions, "belief", or fantasy. if that was the case, anyone could call themselves anything if they only "believed" enough.

language jail?? using definitions correctly is likened to a jail? specifics are a liberating factor not a tool for subjugation. i really have no idea what you are talking about.

this is the real world, not a science novel where the playing field can be altered at will.


surf

 

[marketsurfer]

Quote from IluvVol:

I studied and practice stochastic calculus on a daily basis. You two funny posters should get married thats for sure.

BTW, arent you this developer of ninja or whatever this IB front end is called? If yes, congratulations at least you seem to make a good living with selling stuff people dont need but making them believe they do. But then, people also spend thousands for much less valuable crap.

nitro created ninja trader???

you can't be serious.

surf

:eek:

 

[IluvVol]

I did not say, I asked. I did not read all of his 9000+ posts so I dont know ;-)

I just remember a while back (few years actually) that he was either heavily defending Ninja trader or its developer.

Quote from marketsurfer:

nitro created ninja trader???

you can't be serious.

surf

:eek:

 

[gnome]

Quote from bellman:

"... does anybody on this board care about fixed income interest rate models?..."

No.

 

[quantsteve]

Quote from marketsurfer:

nitro created ninja trader???

you can't be serious.

surf

:eek:

1) nitro created "the internet"
2) al gore created "ninja trader"

(or vice versa...)