From theory to practice - page 508
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Again, the technical analysis side can still lend itself to mathematical analysis because everyone is looking at mathematically based indicators, they are like a guide for everyone and lead the market. The big market makers and other big liquidity providers must have sophisticated (not MQL) robots, which are supervised by a team of experts. Hence the pseudo-mathematicality of the technical component of the forex market of currency exchangers. But there is also an expected-surprise-new-economic-political-fundamental component, which cannot be predicted by history. How can a war of states be predicted by the history of quotations. Nonsense. It remains only to monitor the expectation of rates for a period, and on a large deviation to guess the reason for the movement in one direction or another with a probability, and in accordance with this reason to suggest a price target. At the same time you can say that everything on the market is transparent and predictable, and at the same time it is a total mess. Automated intermediaries with electronic TP may start trades without any signals, in whichever direction, whenever they want, because the purpose of their work is to bring ANY transaction in the black at the expense of the pocket of the owner-trader. That's the kind of pseudo-Grail.
The more the big players apply ATS, the more predictable the market becomes. In fact it does. Whoever can't, it's their destiny to be physicists or mathematicians).
Neo-Freud rules!!! What physicists and mathematicians can do about it... And the"big players apply ATCs" developed exclusively by neofreuds!
;)))
Neo-Freud rules!!! What physicists and mathematicians can do about it... And the"big players apply ATCs" developed exclusively by neofreuds!
;)))
Just to reassure you a little bit. Excerpt from the article. And you probably didn't watch the documentary "In the Stock Market Pit". Otherwise you wouldn't have shown yourself to be so stupid.
It is the height of insanity when some "Nobel Prize" economists try to use their "discoveries" in practice. Thus, American economistsHarry Markowitz and Merton Miller in 1990 received the Nobel "for their contribution to the theory of financial asset pricing".Robert Merton and M. Scholesin 1997 were awarded the Nobel "for their methods of valuation of financial derivatives".Without going into details, I will note that their works encouraged speculative gambling in the markets, promising that the use of models developed by them would insure players against risks. In short, the "Nobel geniuses" believed in their genius and fearlessly threw themselves into the game: R. Merton and M. Scholes created the hedge fund Long-Term Capital Management (an investment fund not subject to regulatory restrictions). However, by 1998 the fund was already bankrupt, with losses in the billions of dollars. Fortunately for these "geniuses", they managed to get the Nobels a few months before their bankruptcy.
I don't intend to bullshit with you. Not a great honour. That's enough.
To reassure you a little bit. Excerpt from the article. And you probably didn't watch the documentary "In the Exchange Pit". Otherwise you wouldn't have shown yourself to be such a fool.
It is the height of insanity when some "Nobel Prize" economists try to use their "discoveries" in practice. Thus, American economistsHarry Markowitz and Merton Miller in 1990 received the Nobel "for their contribution to the theory of financial asset pricing".Robert Merton and M. Scholesin 1997 were awarded the Nobel "for their methods of valuation of financial derivatives".Without going into details, I will note that their works encouraged speculative gambling in the markets, promising that the use of models developed by them would insure players against risks. In short, the "Nobel geniuses" believed in their genius and fearlessly threw themselves into the game: R. Merton and M. Scholes created the hedge fund Long-Term Capital Management (an investment fund not subject to regulatory restrictions). However, the fund went bankrupt as early as 1998, with losses running into billions of dollars. Fortunately for these "geniuses", they managed to get the Nobels a few months before their bankruptcy.
I don't intend to bullshit with you. Not a great honour. That's enough.
History is common knowledge. And in front of me (a fool) you think you're the consummate sage. All you had to do was watch the movie "In the Exchange Pit" -- and there he is a sage!
But you only see one step, "sage". Try to look two or three or four steps ahead. And, at the very least, you will have to have questions. If questions arise, try to find answers. Many things will surprise you at first. But it will become clearer in time. If you don't have any questions, you won't need answers either ;)))
And, really, enough said. It's not good for a fool to lecture a "wise man"... ;)))
The story is common knowledge. And in front of me (a fool) you think you ' re the consummate sage. All you had to do was watch the movie "In the Stock Exchange Pit" -- and there he is a sage!
But you only see one step, "sage". Try to look two or three or four steps ahead. And, at the very least, you will have to have questions. If questions arise, try to find answers. Many things will surprise you at first. But it will become clearer in time. If you don't have any questions, you won't need answers either ;)))
And, really, enough said. It's not good for a fool to preach to a "wise man"... ;)))
Do you really consider yourself cultured and polite?
I, for example, have the patience to call you by your first name.
Happy trading.
That's the last phrase to you).
Here's an idea for A_K. Indicators must be orthogonal, otherwise they are nothing. If you manage to find orthogonal ones, you win.
Do you really consider yourself cultured and polite?
I, for one, have the patience to call you 'you'.
Happy trading.
This is the last phrase to you).
Colleagues, don't forget the ancient wisdom:
the one who's smarter is the one who's wrong.
.
...
That's the last phrase to you.)
And it's very good.
It is the height of insanity that some "Nobel" economists try to use their "discoveries" in practice. Thus, American economistsHarry Markowitz and Merton Miller received the Nobel in 1990 "for their contribution to the theory of financial asset pricing".Robert Merton and M. Scholes wereawarded the Nobel in 1997 "for their methods of valuing financial derivatives".Without going into details, I will note that their works encouraged speculative gambling in the markets, promising that the use of models developed by them would insure players against risks. In short, the "Nobel geniuses" believed in their genius and fearlessly threw themselves into the game: R. Merton and M. Scholes created the hedge fund Long-Term Capital Management (an investment fund not subject to regulatory restrictions). However, by 1998 the fund was already bankrupt, with losses in the billions of dollars. Fortunately for these "geniuses", they managed to get the Nobels a few months before their bankruptcy.
Still, the foundation was not set up and run by the laureates themselves, it should not be exaggerated. In the beginning, the Foundation did very well. The crises in Russia and Asia ruined it. In addition, other traders copied their trades. This describes the market very well - even a very good strategy will eventually become unprofitable. Which, in particular, speaks to the fundamental impossibility of the grail.
However, the foundation was not set up and run by the laureates themselves, it should not be exaggerated. In the beginning, the Foundation did very well. The crises in Russia and Asia ruined it. In addition, other traders copied their trades. This describes the market very well - even a very good strategy will eventually become unprofitable. Which, in particular, speaks to the fundamental impossibility of the grail.