[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: Crap Generalisations



PureBytes Links

Trading Reference Links

Hi John, 
long time no see :-) 

>As I am currently completing a PhD on Tech An in futures (after 
>producing a Masters thesis on the same topic), I can assure you that 
>when you have to really critically evaluate people's evidence - you 
>realise how much in the unrefereed sphere is simply unsustainable. 

Hey those trading articles come cheap :-)
Have you seen the Options Edge by William Gallacher? (Winner takes
All). Brand new and highly recommended. Time to redo my formulas. 
Academia really gets a panning for being fatous and out of touch.
Half of the book in effect trashes Nobel Prize committee for Economics.
Though it still looks that the greeks are still there, hidden in a SOG type 
of spreadsheet table.

That book is gonna make a legend, if he is not already one.

>Perhaps the standard of proof required on all sides should be raised so 
>that at last we can actually get somewhere with providing EVIDENCE and 
>have them reported to a standard that anyone would expect before 
>investing money in anything. If practitioners would improve their game 
				^^^^^^^^^^^^^^^^^^

Trading magazines are there to sell ads. 
You are making a generalisation here. Not all vendors are scum. The true and 
tried "public domain but still must pay some" stuff, like Commodex or the
Turtle 
system are I think, okay with regards to the reporting standards.

>at reporting evidence, perhaps the divide between academics and 
>practitioners could be bridged - even if just for a little while.

Its kind of like in the pit.
The old traders aren't exactly welcoming newbies who slice up the pie.

Publications are currency in academia. Secrecy is norm in trading, 
talking about what you do inevitably leads to the questions
of how you do this and that and a lot of people aren't exactly at ease
with giving or receiving the answer, proprietary information.
I don't think that two will ever be bridged.

Take for example, in question some recently about his system, he indicated
that he knew that certain users had modify the system to trade in a far more 
profitable way then he presents it. However, he indicates that they wouldn't
tell him how. Now this could be his way to say I am not telling you, figure
out 
yourself. Or those users knew that if they blab to him, he'd tell others.

Regards
Andrew