What is your "TRADING HOLY GRAIL"?

Quote from Equalizer:

Really?! Can you provide some concrete examples perhaps to back up that statement (or should I say assumption?).
More...

You should have included my preceding paragraph as well. Whereas there can be no doubt about the correctness of the results in probability theory as applied to the games of chance, the latter are understood to adhere to rigorous and unambiguous models - for "fair games" at least.

It should be obvious that "Market Modelling" is an outright cacophony. Examples? You can't be serious, you follow these threads like I do. Did you ever encounter a market "adhering to a rigorous and unambiguous proposed model"? If you know about one, please tell me. I must have missed that one. We'll talk further later.
 
nn

there are plenty of examples where "Market Models" have gotten it wrong, VERY WRONG. No dispute there. None whatsoever. I was curious about the wholesale firing of quants - for if anything - the market for experienced quants is rather buoyant - at least at this moment. Note the word "experienced".
 
Fred

size and the ability to shout in the pit is NOT an edge. Come on now, you are better informed than that, CORRECT?....:D

If size mattered there would not be much room in the pit to get enough liquidity. Build a bigger and bigger pit......:D
 
Know the Markets direction (go to closingtrend.com), strict money management plan (read Victor Sperandio's book)and have the right attitude (Himalayan monks)


...Rennick out
 
Quote from Equalizer:

nn

there are plenty of examples where "Market Models" have gotten it wrong, VERY WRONG. No dispute there. None whatsoever. I was curious about the wholesale firing of quants - for if anything - the market for experienced quants is rather buoyant - at least at this moment. Note the word "experienced".
More...
Equalizer,
Obviously the quant part of my post is purely incidental in the sense that it illustrates a little aspect of the unbelievable stream of nonsense being continuously dispensed for the benefit of gullable believers, passed off as a very difficult and superior form of knowledge, potentially enabling a poor soul to make some money in the markets.
The firing bit is mainly based on what I picked up over the last 6 months or so from ET's threads on wholesale firing of research departments. I never investigated this any further and I am even not sure whether any "quants " were involved or not. In fact, now that you raise the question, do you understand who is exactly a "quant"? To be honest, personally, I kind of file that name in my MM & Trend drawer.

Be good,
nononsense
 
Quote from William Rennick:

Know the Markets direction (go to closingtrend.com), strict money management plan (read Victor Sperandio's book)and have the right attitude (Himalayan monks)


...Rennick out
More...

oddtrader in ...

Know the Markets direction (Himalayan monks ), strict money management plan (go to elitetrader.com ) and have the right attitude (read Victor Sperandio's book )

:D
 
Quote from nononsense:

Equalizer,
Obviously the quant part of my post is purely incidental in the sense that it illustrates a little aspect of the unbelievable stream of nonsense being continuously dispensed for the benefit of gullable believers, passed off as a very difficult and superior form of knowledge, potentially enabling a poor soul to make some money in the markets.
The firing bit is mainly based on what I picked up over the last 6 months or so from ET's threads on wholesale firing of research departments. I never investigated this any further and I am even not sure whether any "quants " were involved or not. In fact, now that you raise the question, do you understand who is exactly a "quant"? To be honest, personally, I kind of file that name in my MM & Trend drawer.

Be good,
nononsense
More...
Yeah, well, research departments does not necessarily equate to quants - but anyway.

I think I might have an idea "who" or "what" a quant is :cool: (do a search, I explained it in detail in a post many moons ago), but quite clearly many people here think that "word" is simply a misspelling! :D
 
I hate to bring this up where everyone is discussing financial markets etc., but the closest thing to a Holy Grail in trading is seasonal spread trading in the lean hogs and live cattle markets. Dead on patterns most of the time
 
http://www.thememoryhole.org/corp/finance/sec_amex_report.htm

Holy grail? How would you like the chance to disavow a trade a few minutes after you've made it, depending on wether it's profitable? How about being able to withdraw your quote After an order comes in that corresponds with your price, and then not allowing a cancel - you just hold the order and fill it when you want? A second swing at the pitch is a holy grail in the financial markets.

Become an options market maker. Remote market-making from your home is available. The options industry has reduced the SEC to a helpless regulator. As an options market-maker you can do anything you want with the order flow, and the exchanges, and the SEC can't stop you. See link above.

The options industry has worked over the SEC. Now is the time for options.
 
You must log in or register to reply here.
Back
Top