There's always something to be learned from conversations like this. The most important parts are the questions that are left unanswered on both...
I won't answer for Amahrix but I will say this. The topic is very important. He's an intelligent person who's given a lot of thought to the...
The data stream that the market produces every day is just that: DATA. How it's generated is a different subject. It may be relevant. Then...
What is physics about? It's about measurement. What is science? Science is two things: discovery and evidence. How is the market any...
If all that is true, how do funds like Renaissance achieve success? Why does Jim Simons hire scientists and not a bunch of monkeys throwing darts...
I think you're avoiding the mathematics like the plague. Survival and hedges are structured strategies. Strategies have shape, form and consist...
The article reinforces the point. Statistical arbitrage relies on mean reversion to predict certain outcomes. That's structured data....
Here's a recent statement by Jim Simons (Renaissance Technologies): "Initially, the company was a fundamental investor. “Then it occurred to me...
If this were true, then their results would be random as well. And they're not. Wittgenstein's ruler doesn't apply here because the ruler and...
The point is that, regardless whether they're day traders or hedge fund managers, if they fall within the 10% who are successful, then they have...
Ok, fine. But then the fund manager must be counted in the same statistic that I mentioned above: "90% of all day traders lose money" - so now...
Wait a minute. Your initial post was about day traders, not fund managers. Although some of the scenario might apply, the 50/50 proposition you...
That doesn't make much sense. Survival is a strategy. If you're alone on a desert island and all you had to eat were coconuts, then your...
If they understand risk, then they have a methodology to do that. Survival is a tactic, not an imaginary proposition. We don't know their...
[ATTACH] This paper describes an experiment which demonstrates that the random walk hypothesis is probably wrong. So what did they really prove?...
Algorithms do not necessarily eliminate technical analysis. Algorithms can be built around TA as well. If algorithms are the major factor in the...
Consider this statement: "90% of all day traders lose money". Of course, that implies that 10% do make money. Assuming the statement is true...
https://www.movavi.com/ You could also use Ninjatrader Market Replay. I journal with Movavi but the size of the files adds up fast so I only...
Let me ask you this: If your strategy relied on a 10% drawdown maximum and you achieved the 10% profit trading 2 contracts, what happens when you...
The Gauntlet is a test. And just like any other test, it should conform to a set of rules that are applicable in the real world.
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