The best traders in ET

[bwolinsky]

Quote from R. Raskolnikov:

If you have an objective method and post trades in real time, with entry/exit and profit targets, it's not too hard for a smart cookie to figure some stuff out.

Considering who you are and your affinity for the southwestern sagebrush, it doesn't surprise me.

I was going to count the number of characters in my strategy codes and multiply by the number of genetic optimizations it takes for my artificial intelligence in Multicharts to finish a population size of parameters with less than 5 million possibilities and raise that by the number of characters in the three other versions of 2 different systems to determine if what you say is possible.

Let me sum this up:

Fuck no!

When you come back with the number of combinations in a dual party monetary system using triple layer 32 digit hexadecimal encryption to prevent financial fraud, that'll at least be summed up in approximately the same way:

Fuck no, forget about trying to calculate it as it will exceed the number of atoms in the universe so I will end this short retort with:

Don't even bother trying.

 

[bwolinsky]

Quote from d08:

Does "capacity restrained" mean anything to you? That's like saying, the best Formula 1 drivers should sell their knowledge for chump change so they could continue doing what they like, it makes little sense.

The more people do the same thing, the less value it has - this is especially true for the markets (excluding delayed signals and other foul play).

Stealing is the only solution to reverse engineering.

If you take out a price level then there's fewer people there and that's why hft is so dangerous to the economy but not to strategy arbitrageurs like myself.

It (hft and hfft) can be misused in a way that distorts the short term confidence level in the market then this will continually be the reason for flash crashes.

 

[R. Raskolnikov]

If you are referring to JH, I trade nothing like him.

Quote from bwolinsky:

Considering who you are and your affinity for the southwestern sagebrush, it doesn't surprise me.

 

[bwolinsky]

Quote from R. Raskolnikov:

If you are referring to JH, I trade nothing like him.

That doesn't matter. Historical discussions reveal your insights towards strategy trading and are shared very closely with the failed logic many in academia do not understand about Quantitative Financial Analysts.

 

[R. Raskolnikov]

Been trading successfully, fulltime, for 15 years. If that's "failure", that I'm a failure I guess. LOL

Quote from bwolinsky:

That doesn't matter. Historical discussions reveal your insights towards strategy trading and are shared very closely with the failed logic many in academia do not understand about Quantitative Financial Analysts.

 

[marketsurfer]

Quote from R. Raskolnikov:

If you are referring to JH, I trade nothing like him.

I recd a note saying you are Spydertrader hence your secretive nature.

True?

surf

 

[satchel]

no way

 

[bwolinsky]

Quote from R. Raskolnikov:

Been trading successfully, fulltime, for 15 years. If that's "failure", that I'm a failure I guess. LOL

I wasn't saying you're a failure, or that you that you trade like Jack Hershey, just that the Quantitatitive Analyst World of Trading and the "pseudotrading" required beforehand is really only based on a chart, and the use of that information is such that one thing overrides the urge not to try to gain a following with public display of trades, and that is that having money behind you will only help move the market your way. And the more you have, the more the market is yours.

At some point, capacity is an issue, but it is truly limited for good reason and there are many incapacities that fail to catch such violations that I was not saying anything about your ability more than I do not believe in reverse engineering and I believe in presenting as much transparency about my trading as possible so that a larger crowd will follow in the hopes that the partners I work with will eventually recognize the need to invest the amounts I see as being needed to fund my ambitions and my ambitions alone.

No offense was intended. Having more money at your fingertips means you must be that much more careful in your decisions and deployment of trading capital and strategy trading that end up meeting a buyer and a seller in the open market. Having to meet fewer is always less preferable to meeting more if your strategic decisions are intrinsically valuable enough that you consider yourself self-made before you are, and this is what's so frustrating that basically until live trades meet millions, there isn't attraction enough from the people who should already be paying attention that I think my methods could weaken somewhat and see another period of lackadaisical seeming performance similar to what happened followed by massive run-up that makes me disappointed that the decisions makers who are responsible for allocating to people like myself kick themselves after investing in much the same way people that don't take such steps to ensure all of the information about how you make your decisions is as complete and thorough as the techniques used to secure other people's money.

I have only my knowledge of statistical probability and theory that tells me that there is a reasonable basis for my actions and this is as scalable a strategy as I can ever hope to have, including max lot size in NQ and very sizeable positions in gas and corn.

 

[R. Raskolnikov]

I am a stats trader who uses charts as a way of visually organizing those stats and, as such, my method is based on mkt stats not based on what I "feel" will happen from looking at a chart. Method is 100% objective as well.

Quote from bwolinsky:

I wasn't saying you're a failure, or that you that you trade like Jack Hershey, just that the Quantitatitive Analyst World of Trading and the "pseudotrading" required is only based on a chart

 

[bwolinsky]

Quote from R. Raskolnikov:

I am a stats trader who uses charts as a way of visually organizing those stats and, as such, my method is based on mkt stats not based on what I "feel" will happen from looking at a chart. Method is 100% objective as well.

As am I, I was referring to the backtesting and "dreaming" many that don't see the market the same way you and I and the other algorithmic traders in these markets do.

Trust, only 100% objective mechanical signals are used by me, too.

They've been coded for years now, and only require periodic genetic optimizations to make sure the automatons are aware of new market efficiencies available to them.

I guess how "periodic" is the only subjective part, but that is especially obvious if they aren't finding profits in live trading. It is this aspect that I don't ascribe to the thought that one mechanical method works more than that a live breathing robot must be trained just the same every now and then.

This misunderstanding about Quant Techniques is not articulated well by anyone on here and that is the only part of my psychology I've had to grapple with.

I see a stoned method just the same as a trader smoking a joint. It has to change.