Trendfollowers: When oh when are we going to start making some $$$?

little reminder (back to initial topic - didn't read the entiiiire thread), intraday trends are actually very (very) close to random when it comes to data distribution.

Weekly and longer timeframes display "abnormal" distribution (leptokurtosis), clearly showing trends.

And yes, those (long term) trends can be used to make money.
 
Quote from piezoe:

Speaking of that, Prof, I can tell you an amusing story. When I was a Freshman in college I was in awe of the kids who turned their exams in 20 minutes after the start. I assumed they were brilliant because it always took me the full period to finish, and even then I was often rushed to give thorough answers that accurately reflected my knowledge. It wasn't until years later I learned that these early finishers were the ones without a clue.:D
More...

I think this is only applicable if you are taking a bird course in college. It can actually be quite funny to turn a test in after 12 minutes in Natural Science and come out with a 93%, rather than a 52% on both first exams in Chemistry and Physics. Hard math? Enough to explain, exactly as the information is just as verifiable as the decades of financial development and IT Infrastructure Advances it took to produce the spreadsheets I showed you in this discussion.
 
Thanks for the link.

"The mutual fund distribution fees seemed confined to private pools of capital sold per share to investors. Aggregating by volume order-flow is an issue with connectivity and premium for financial infrastructure...."

Again, can someone boil this page down to a sentence or two -- what's he proposing or recommending?
 
Prof logic system is based on "volume order flow". Maybe that's what it's about? Remember this is the same guy being pursued by ruskie hackers who I think change his trading results.
 
Rodney,

Bowo is showing his true colors which is he is a very small fish in a very small pond... and trying very hard to sound smart but he is up against the limitations of his education and experience. Since he thinks he knows everything (had billed himself as the "best system developer in the world"), he is probably done... he has probably found his level.

He can have a nice life living on the internet pretending to be a trader, making pretend trading systems, and running a little RIA business that prob earns 200K before expenses.

It could be worse.

(One does have to feel sorry for his investors taking his advice but hopefully Fidelity keeps him on a short leash so he can't do too much damage...)

Quote from Rodney King:

Thanks for the link.

"The mutual fund distribution fees seemed confined to private pools of capital sold per share to investors. Aggregating by volume order-flow is an issue with connectivity and premium for financial infrastructure...."

Again, can someone boil this page down to a sentence or two -- what's he proposing or recommending?
More...
 
Quote from Iseeyou:

I think he is pushing for stock transaction taxes.
More...

No, I was not pushing for that, arguing against, actually. I was merely responding to a request for comments regarding the transaction tax by the SEC.
 
You must log in or register to reply here.
Back
Top