A topic for traders. - page 29

 
Uladzimir Izerski #:

And the MoD is beginning to realise that they cannot beat the market alone. The epiphany has finally arrived.

There is such a thing as collective intelligence, which is a hundred times stronger than the individual.

He who can unite it has the power.

Crowd wisdom is certainly a phenomenon, but in the markets the commoners are losing, even in crowds, or go around zero for years, you do not need to go far to find examples 😀

 
transcendreamer #:

Wisdom of the crowd, of course there is such a phenomenon, but the philistines are losing, even in crowds, or go around zero for years, you do not need to go around for examples 😀.

On the one hand there is an opinion that 100 hares are no substitute for 1 lion, on the other hand, if a team of smart people get together, there is a better chance to solve some complicated problem. But if the problem is very difficult, it can only be solved by a single genius (a lion). A characteristic case of a lion is Perelman. Collectives of mathematicians could not solve the problem, and he could.

 
khorosh #:

On the one hand there is an opinion that 100 hares are no substitute for 1 lion, and on the other hand, if a team of smart people gets together, then there is a better chance of solving some difficult problem. But if the problem is very difficult, it can only be solved by a single genius (a lion). A characteristic case of a lion is Perelman. Collectives of mathematicians could not solve the problem and he could.

It is true about the collective, and a successful project (and especially in fintech/invest/DM/WM) requires people with good economics and mechmath/stem education, practical experience, and competencies, at least - quants, Practical traders (not just forum gurus), technical developers, testers, preferably or combined economist/financier, marketing specialist, lawyer, and of course security/admin (because bruteforcers and dodos are still in place!) - the point is that you can't beat the market with a bunch of high-school students, getting an idea to a working condition requires a certain level of literacy and hard work...

If you look for example at entry criteria of Red Cedar, you can make an impression on the level of competence for success, even for quantum junior most applicants just would not fit there, not to mention senior quantitative researcher...

And the attempts to beat the market "with the world at large", in a forum, with spears and sticks (primitive tehanalysis) - it's just ridiculous - it doesn't work that way...

Small groups are capable of picking up some relatively simple topic, bring it to the state of a productive service and sell it to investors, if they work very hard on the system.

Of course, there are some manual old-school themes that a single trader is quite capable of trading just on the economic fundamentals, the analysis is of minimal importance and the funny thing is that there was a statistic somewhere, even respectable funds sometimes yielded on average just to hold positions, so the single trader may outplay the investment houses and banks sometimes. 😀

Or make a pamm and trade on returns like most pammers in forex, no special research needed for that.

 
Uladzimir Izerski #:

I have a long-held dream of getting you into our group. I see good skills and important abilities. I just don't know how to attract you. I won't advertise it here, of course.

The small things I can do to help. But I'll still focus my serious efforts on my League of Trading Systems. In my opinion, only "system hopping" allows you to be constantly in the profits. One system - no matter how much you improve it, success may only be temporary. And too much effort can be expended.

 
khorosh #:

On the one hand there is an opinion that 100 hares are no substitute for 1 lion, and on the other hand, if a team of smart people gets together, then there is a better chance of solving some difficult problem. But if the problem is very difficult, it can only be solved by a single genius (a lion). A characteristic case of a lion is Perelman. Collectives of mathematicians could not solve the problem, and he could.

Sergei Pavlovich Korolev is an outstanding designer and organizer of work on creation of space-rocket technology.

He did not build rockets himself, he built a team. In the beginning, he recruited the right specialists, then the team grew as other specialists were needed.

This is called organizational ability in selection of necessary personnel.

Each individual specialist developed and contributed his own proposal to the rocket design.

In our case, too, collective work has an advantage over singles.

Few people believe this. Most people are not far-sighted. And it is difficult to choose specialists by many factors.

You, Petrovich, for example, according to my observations, I see you as a suitable specialist.

 
Uladzimir Izerski #:

Sergei Pavlovich Korolev is an outstanding designer and organizer of work on rocket and space technology.

He did not build rockets himself, he built a team. In the beginning he recruited necessary specialists, then the team grew as other specialists were needed.

...

You, Petrovich, from my observations, for example, I see you as a suitable specialist.


Hm... Do you see yourself as Korolev?

 
Georgiy Merts #:

I may be able to help in some small way. But, serious efforts - I will still focus on my Trading Systems League. In my opinion, only "system hopping" allows you to be consistently profitable. One system - no matter how much you improve it, success may only be temporary. And too much effort may be expended.

Thanks for the support.

There are some issues that you are quick to deal with. Perhaps I will ask for advice. Without a heavy workload, of course.

 
PapaYozh #:


Hmmm... Do you see yourself as a Korolyov?

Me, Izersky. Why should I beKorolyov?

I will not respond to stupid posts in the future.

Don't try to replace and surpass Baskakov.)

 
Georgiy Merts #:

I may be able to help in some small way. But, serious efforts - I will still focus on my Trading Systems League. In my opinion, only "system hopping" allows you to be consistently profitable. One system - no matter how much you improve it, success may only be temporary. And too much effort may be expended.

Georges again, you're sticking your League everywhere.... :-) and you're PR...

No, of course, go to youtube - scalping - there are interesting themes, for example, pure scalping on the betting market with the Bondar drive + ticker + clusters + chart - only 25%, or even only 100% of orders on the betting market and that's it.

And the indexes on the FORTS-MSC, and do not do with large volumes, not to stumble on liquidity in Russia, like up to 10 million rubles - do not make bad money, just on the system - on the trade approach in ONE system, which is constantly being updated and other chips ...

Bouncing off volume, eating up large volume - into a breakdown, etc.

If you can't develop one system that uses multiple patterns (or one) - then don't write that this approach doesn't work.

You're stuck with this empty idea with jumping and guessing by various boring, which even can hardly be called a TS, and you write about it on all the corners.

It's all empty. Serious money is not made that way...

 

Why did you have to pounce on the man? He wasn't even talking to you, he was talking to me.

Why do people get so indignant if they see something others don't understand?

So he's doing the league and let him do it. He does not ask for alms from you and does not stand against you on the road.

But you are a PR theme from youtube;).

As they say, "a speck in someone else's eye".