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ah, bullshit brian :))....here's one...the "simple" head and shoulders pattern,
i think even the great french fuzzy programmer said once that this one
was difficult with ezl ( and i still haven't seen any reliable code for
it either!!!)....here's another one, divergences....i think dennis h. said
that were too many time factors involved with the programming to get it
right.
so it seems that eyesight viewing charts and human brain interaction are
still the best "systems" for complex patterns. you might argue that the
patterns are visually insignificant and "mind" artifacts, but i disagree.
the level of programming tools and skills are archaic to "systemize" even
more complex patterns than those i mentioned above. believe me, i tried
and spent 10's of thousand of dollars to some of the best programmers i
could find (incidently, my best programmer was a red chinese (now us citizen)
and he could code rings around the best american coders, but he said that
new programming language would need to be invented to deal with the patterns
problem)
here's another one...try to program whether any single price is a 1 lot
or a 1000 lot!!!! big difference. ya can't program it, but it usually leads
to trends reversals or accelerations and big big profits. a mechanical system
doesn't know the difference while a systematic discretionary trader with
a squawk would. big big difference and totally UNPROGRAMMABLE!!!! now i'm
talking about pit trading, which still represents over 92% of the average
spoo volume vs 8% average e-mini spoo. another one....knowing the buyers
and sellers, etc......and on and on....a mechanical system doesn't know
this shit, while i, a systematic discretionary trader, exercises judgment
and kicks ass with this very important info.
my point is, is there's a whole lot of important crap that can't be programmed
and it's the same ole system trader bigoted arrogance to presume that it
can be. that is, al least now now...........
TJ
and intuition, well, i'll leave that to another time.... :))
At Wed, 1 Mar 2000 21:47:32 -0800, "Brian Massey" <bnm03@xxxxxxx> wrote:
>In fact, I challenge anybody to name 1 thing that can't be programmed.
Maybe I'll learn something.
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