- mbkennel replied Feb 29, 2012
Hi scoobs. The Greek government screwed their people really badly. The rich greeks don't pay taxes and screw their government. The result is obvious, riots from people who are shit on. Iceland, though not as bad a problem as Greece, devalued and is ...
- mbkennel commented Jan 20, 2012
So these hedge funds are suddenly ignorant of the concept of "credit risk"? Just like little old ladies depositing their money at George Bailey's or the post office?
- mbkennel replied Nov 2, 2011
Think about this. If it had been a junior trader, say some French or African guy in a sweater, he would be arrested and criminally charged. The MF Global blowup came straight from the top, the intentional policy of the CEO, ex Goldman partner, NJ ...
- mbkennel replied Oct 22, 2011
Wonderful. Can you give any hints about ways to algorithmically define support/resistance? And do you trade a reversion "back" to a support/resistance area? or breakout?
- mbkennel replied Aug 13, 2011
Yes. The people who will win at this are the ones who are friends with the managing directors at Credit Suisse & UBS, who in turn have friends and relatives who work for the Swiss National Bank. George Soros won in the early 1990's because he could ...
- mbkennel replied Aug 13, 2011
You're describing two different things. The second is true (sort of). It is a known fact that in markets volatility is clustered, and the *magnitude* of changes is correlated with the magnitude of changes previously. It does not mean the direction ...
- mbkennel replied Aug 10, 2011
well, there are * all the people from the early-mid 90's who got on to equity statistical arbitrage * IKOS funds * Jim Simons & Renaissance. Of course we don't know if anything is "TA" alone, but they are all highly quantitative & systematic.
- mbkennel replied Aug 9, 2011
What is an example of a system which is mechanical and relies on "probabilities" rather than lagging indicators? What is the distinction?
- mbkennel replied Aug 7, 2011
Power law distributions & time correlations mean that not all increments are independent, identically distributed. So, some of the time, there have to be trends (tradable) or punctuated gaps (not tradable). Also currencies are not an isolated ...
- mbkennel replied Aug 5, 2011
10 Period SMA of anything, slope — A mathematical fact: If you look at a say 10 period SMA and then see if it is going up (as in higher now this period than on previous period), that is exactly equivalent to looking whether the market is ...
- mbkennel replied Jul 27, 2011
In portfolio management 1+1 is upper bounded by sqrt(2).
- mbkennel replied Jul 7, 2011
Benefits? a) keeps clever psychopaths from finding new and more dangerous ways to scam or kill people. b) ....
- mbkennel replied Jun 5, 2011
Is this still working? I had sort of given up (no time really) and started looking into Phantom 6. W.r.t. Beauty I thought that I needed to speed up the decaying take profit as a bad trend could result in long-term losses. Anyway attached is my ...
- mbkennel replied Jun 4, 2011
What is "up" vs "down"? Or long or short? You have to decide for each currency. In equities "up" is pro-risk and down is against-risk. Fear hits faster than greed, so down fluctuations are sharper. If you have a pair which has one pro-risk ...
- mbkennel replied May 10, 2011
Why is your correlation matrix "dirty"? What is going into it, and how do you intend to use it?
- mbkennel replied May 7, 2011
I don't think this is going to be particularly profitable (on its own) for financial time series. The references described involve prediction of chaotic dynamical systems---which, in practice, means an assumption that they are the result of ...
- mbkennel replied May 6, 2011
This can happen if your MT instance loses connection with the quote server. Look in your "Market Watch" box. Is the time updating, and consistent with real time? If not, then rescan servers (click on lower right numbers).
- mbkennel replied May 1, 2011
Minor bug fix in CountOpenTrades — Hi, I have a little bugfix. I was getting the error message where da beast was trying to OrderModify an already existing trade. It kept on trying to do this stupid thing and filled up the log. Silly moron ...
- mbkennel replied Apr 26, 2011
I only changed the start time computation and the "obvious" bug in the send order. So, if it placed the trades at the correct time, then it did what I intended. If there are other bugs, I don't know. As a matter of programming strategy might it be ...
- mbkennel replied Apr 25, 2011
Upon further reflection, it seems that the correct time zone is to use Tokyo if you are trading GBPJPY, and London if you are trading GBPUSD.