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Herman --
When time is of the essence, I don't believe that 'email' is the answer. Many times I receive emails, minutes, hours, and even days after they were sent.
-- Keith
Herman wrote:
Nothing complicated. Simply that if you have a group of traders trading the same system it can help prevent errors when action can be coordinated. In complicated systems confirmation can prevent mistakes. This can also be useful when traders use different data sources - often screens and signals vary with data source. In Intraday trading such coordination must be fast - a few seconds can make a difference. But even in slower systems trade confirmation can be useful.
Taking this a bit further, when larger sums are traded, trade coordination can prevent pulling the market.
In an extreme application remote trading could be employed to give traders more freedom. The system would only place trades if there is a majority consensus. A trader could take a short break while his system tracks the others ;-)
Being able to share signals and trades in real time could also be used to distribute processing. It might be faster to run three different lengthy processes oat three locations, and share results in real-time, than have each user run three lengthy processes.
It could benefit traders who formed a corporation.
etc. etc. It just seems to me that the time is ripe for this new capability :-)
Now, whether "email" would be the right tool to use is another question...
herman
Thursday, June 18, 2009, 6:22:38 PM, you wrote:
> What kind of group work are you talking about ...... what kind of project would you be working on?
> (I am interested in group dynamics, especially groups that operate with what
> I call 'group consciousness' .... as a result of your post I have decided to
> call groups that function like this alpha-groups ... it is very rare ...
> perhaps even hypothetical ... it all depends on the level of consciousness of
> the individuals ... you seem to be projecting an interest in alpha-groupwork
> onto your trading groups .... at times in this forum I have experienced this
> 'level of sharing' with certain individuals and sometimes a handful of people
> who seem to get on the wavelength for a while ... recent discussions across
> several topics where synchronous for me ... refer to Carl Jung and
> synchronicity ... my observation is that when it happens it is dyanamic .... a
> few individuals, or the forum, coalesce around a dyanamic and evolving
> 'unspoken', or implied, topic and subconciously develop it along evolving and
> dynamic lines ... it has a life of its own and dies out after a short while
> ... interesting that you are investigating formalizing the approach ... I
> have lived and worked amonst an exceptional group on more than one occasion
> and the group dynamics always cycles in tandem with self-interest .... where
> self is the small ego and not the Ego or Higher Self ... in my experience so
> far self interest always splinters the group .... peak experiences motivate
> and elevate us but they are never permanent ...cycling in and out of higher consciousness is the norm).
> ------------------------------------
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