It never gets easier, you just get better
- #7,363
- Mar 29, 2023 9:12am Mar 29, 2023 9:12am
- Joined Aug 2006 | Status: Trader | 5,317 Posts
It never gets easier, you just get better
- #7,364
- Mar 29, 2023 9:37am Mar 29, 2023 9:37am
- Joined Aug 2007 | Status: Trader | 3,205 Posts
{quote} But algo doesn't have behaviour! I mean psychology thing
You can never remove the human component...and that human imparts their psychology whether they know it or not
If trading was simple math.. all those here
perpetuating that would be taking over the financial world... It's just a matter of scaling and time..
If it was just solely math.. then Mr.Simons would surely be the wealthiest man alive..
Their is more to trading than math..and when a trader realizes that. His performance will undoubtedly increase
Just the way many years of experience has shaped my thoughts of the markets...
All the best
Blue
Master your Mind,,,Master the Market
- #7,366
- Mar 29, 2023 9:43am Mar 29, 2023 9:43am
- Joined Mar 2004 | Status: Senior Member | 1,634 Posts
{quote} I think it has been answered in the quote already. HUMAN BEHAVIOUR. Aren't all participants Human ?
- #7,367
- Mar 29, 2023 9:50am Mar 29, 2023 9:50am
- Joined Dec 2010 | Status: Stop Pretending | 5,275 Posts
{quote} Who codes algos? Who decides when and where to run an algo? Who decides to shut it down when the algo stops working? Who codes in or determines when an algo stops working? Every single bit of coding is done by humans based on their interpretation of their data that they have researched crunched and came up with their opinion how it all works... You can never remove the human component...and that human imparts their psychology whether they know it or not
Mark ... Everything you have been told is a LIE
- #7,368
- Mar 29, 2023 9:51am Mar 29, 2023 9:51am
- Joined Aug 2006 | Status: Trader | 5,317 Posts
{quote} Of Course. But the actual question is . Whose Human Behavior is in Control of the FX Market ? Traders Manipulators Someone else ?
I hope that answers your question.
Has this forum turned into a kindergarten ?
It never gets easier, you just get better
- #7,369
- Mar 29, 2023 9:55am Mar 29, 2023 9:55am
- Joined Dec 2010 | Status: Stop Pretending | 5,275 Posts
Mark ... Everything you have been told is a LIE
- #7,370
- Mar 29, 2023 10:24am Mar 29, 2023 10:24am
- Joined Apr 2015 | Status: Trader | 1,067 Posts
{quote} Who codes algos? Who decides when and where to run an algo? Who decides to shut it down when the algo stops working? Who codes in or determines when an algo stops working? Every single bit of coding is done by humans based on their interpretation of their data that they have researched crunched and came up with their opinion how it all works... You can never remove the human component...and that human imparts their psychology whether they know it or not
millions of traders making millions of trades every day should make the market a chaos, but there is a simple math that organize this chaos.
this is a weekly 2% range organizing the chaos
ps: Jim Simons is the wealthiest man alive
Inserted Video
cheers,
"the public is not yet ready for it" W.D. GANN
- #7,371
- Mar 29, 2023 10:36am Mar 29, 2023 10:36am
- Joined Aug 2007 | Status: Trader | 3,205 Posts
{quote} Hi Kevin, millions of traders making millions of trades every day should make the market a chaos, but there is a simple math that organize this chaos. this is a weekly 2% range organizing the chaos {image} ps: Jim Simons is the wealthiest man alive
We have order for various reasons the same as the markets
And for the record I am not against algos..not in the least...but they are far from a holy grail...
As well I do believe there is an inherent "ancient" math to us as humans but that goes down a rabbit hole .lol.
Cheers Fellas
Master your Mind,,,Master the Market
- #7,372
- Mar 29, 2023 10:39am Mar 29, 2023 10:39am
- Joined Sep 2006 | Status: Trader | 10,704 Posts
every Saint has a past. Every Sinner has a Future
- #7,373
- Mar 29, 2023 10:39am Mar 29, 2023 10:39am
- Joined Aug 2006 | Status: Trader | 5,317 Posts
{quote} Hi Kevin, millions of traders making millions of trades every day should make the market a chaos, but there is a simple math that organize this chaos. this is a weekly 2% range organizing the chaos {image} ps: Jim Simons is the wealthiest man alive
This question & the Randomness one, always pops it's head up regularly.
People are too lazy to research for themselves, or even just fire up a few brain cells & think for themselves.
It never gets easier, you just get better
- #7,374
- Mar 29, 2023 10:42am Mar 29, 2023 10:42am
- Joined Aug 2006 | Status: Trader | 5,317 Posts
{quote} I got him ( Not the Wizard ) on ignore.....that simple click on that button is bliss.
It never gets easier, you just get better
- #7,377
- Mar 29, 2023 10:47am Mar 29, 2023 10:47am
- Joined Apr 2015 | Status: Trader | 1,067 Posts
{quote} So to take that further...millions of humans everyday going about life should make life chaos...yet there is order there is predicatable outcomes... Predictable risk when I drive my car..etc etc... We have order for various reasons the same as the markets
btw, Simons algos and models use short term of 2-3 days max
cheers,
"the public is not yet ready for it" W.D. GANN
- #7,378
- Mar 29, 2023 10:49am Mar 29, 2023 10:49am
- Joined Nov 2020 | Status: Trader | 2,634 Posts
{quote} Who codes algos? Who decides when and where to run an algo? Who decides to shut it down when the algo stops working? Who codes in or determines when an algo stops working? Every single bit of coding is done by humans based on their interpretation of their data that they have researched crunched and came up with their opinion how it all works... You can never remove the human component...and that human imparts their psychology whether they know it or not
{quote} Read the Wizard of Oz
Read Crucial Point posts
And read this
- #7,379
- Mar 29, 2023 10:59am Mar 29, 2023 10:59am
- Joined Aug 2007 | Status: Trader | 3,205 Posts
{quote} I'm pretty sure you will be surprised you got it wrong all the time!
And btw I'm really not too concerned whether I got it right or not ... Not sure who makes the right or wrong rules lol...
But thanks for informing me that I am wrong all the time !!! Do I get an award ???.
I guess I will let my family know that I am wrong and that all of what they have is because I am wrong !!!
How wonderful it is being wrong
Cheers Ihlas
Blue
Master your Mind,,,Master the Market
- #7,380
- Mar 29, 2023 11:01am Mar 29, 2023 11:01am
- Joined Aug 2007 | Status: Trader | 3,205 Posts
{quote} I'm pretty sure you will be surprised you got it wrong all the time!
It's how the market works...
Master your Mind,,,Master the Market