What´s left for the human trader?

[trade4succes]

Quote from empee:

conditional probability

in which context you are talking about?

 

[trade4succes]

Quote from Pekelo:

I think your approach is wrong. If you are trading longer term and not trying to scalp for a few bucks, it doesn't matter who are you trading against. Also if you go with the trend, just how wrong can you be?

Not to mention that programs act always the same way to the same set ups, thus very well recognizable patterns emerge...

it´t not who you are trading against, it´s why you think you can do it better than a computer? If a computer can do it better, than in the end you´re margins will get lower and lower.

 

[indahook]

Quote from SiSePuede!:

You can't even spell a 3 letter word ( too ) correctly...perhaps you shouldn't comment about anything.

I dont have to spell correctly when i`m long small caps such as INNO today(from 1.34).

Now stop being a dick when someone agrees with you.

And by the way since when is "..." proper punctuation you ball buster?

 

[SiSePuede!]

Quote from youngtrader:

Holy shit if computers can come out and analyze things like innovation and management we really are not going to stand a chance. I think there has got to be a breaking point sooner or later. I mean if you get all these highly complex computer systems that will be able to analyze and trade like that the charts will literally be a flat line except when news or info comes out then it is a jump to the appropriate price then another flat line. What kind of trading would that be? It would no longer be profitable for anyone to trade at all due to all of the competition and everything literally being priced in. I would imagine that the SEC, CFTC or the exchanges would step in at that time. Scary Thought Though!

The best the computers can do is probably through the use of manipulation. Computers can learn what humans will likely do in certain situations, not necessarily why.

It's all about how they use what they believe humans will do to program the computers. That's the trick, realizing limitations and work with the computers to use their advantages to exploit human flaws.

 

[SiSePuede!]

Quote from indahook:

I dont have to spell correctly when i`m long small caps such as INNO today(from 1.34).

Now stop being a dick when someone agrees with you.

And by the way since when is "..." proper punctuation you ball buster?

Quotation marks are illegal?

 

[indahook]

Quote from SiSePuede!:

Quotation marks are illegal?

Not illegal. But improper usage of punctuation is hypocritical from someone who likes to pick on grammar mistakes.

If you live in a glass house dont throw stones.

 

[trade4succes]

Quote from SiSePuede!:

The best the computers can do is probably through the use of manipulation. Computers can learn what humans will likely do in certain situations, not necessarily why.

It's all about how they use what they believe humans will do to program the computers. That's the trick, realizing limitations and work with the computers to use their advantages to exploit human flaws.

why human traders do what they do: to make money. that should always be the fundamental reason for winning traders, whether mortal or silicon.

in my opinion, you can build a winning computer trader on winning edges, not on mimicking what a human trader would do.

 

[SiSePuede!]

Quote from indahook:

Not illegal. But improper usage of punctuation is hypocritical from someone who likes to pick on grammar mistakes.

If you live in a glass house dont throw stones.

Okay, then let me rephrase the question for the dense. Where did you learn that quotation marks are an illegal operator in English?

 

[SiSePuede!]

Quote from trade4succes:

why human traders do what they do: to make money. that should always be the fundamental reason for winning traders, whether mortal or silicon.

in my opinion, you can build a winning computer trader on winning edges, not on mimicking what a human trader would do.

Yes, but there is money to be made tooling with humans, no? Stop losses being wiped out by computer programs might be just such a tool.

My point was that perhaps programmers would find it easier to prey on the weakness of human flaws rather than actually trying to program algorithms that truly function in almost any environment irrespective of what the market is doing.

 

[bigbadbaz]

Intuition... lets see you do that bitch