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Ric wrote:
"I can hear in my minds eye."
Really!! What you write often betrays how you think.
Stu
--- In realtraders@xxxx, ric ingram <ringram@xxxx> wrote:
> Hi,
>
> 'The Quant' said,
>
> >Using voice recognition software algorithms, it is possible to hear
> >the markets reveal what they will do. This is not fantasy, it is
for
> >real and one day this may come out into public domain.
>
> I believe you. From twenty second updates, I can hear in my
minds eye a
> 'flurry' that often marks an acceleration or temporary exhaustion
of buying
> or selling.
>
> I fade them, as assuming equal occurrence, (not true in my
experience but
> the assumption makes the arithmetic simple), you are rewarded two
times out
> of three.
>
> If I can 'hear it', how much more clearly can a computer be
programmed to
> 'hear' it and translate the 'hearing' into sound?
>
> A computer can be programmed to trade with discipline. To the
extent
> that a traders lack of discipline gets in his/her way, a computer
may be a
> better trader.
>
> A computer probably has a lower failure rate than a human trader
and to the
> extent that errors cost profits, a computer may be a better trader.
>
> A computer probably has more opportunity (free processing cycles)
to
> identify new market behaviours, at least of the kind that a human
assessor
> does not reject, and in this way a computer may be a better trader.
>
> A computer may be seen as just an agent of a trader - employed, for
> attributes such as those above, by a trader.
>
> A trader mostly trades his confidence, and if that confidence rests
with a
> computer program why should a computer not trade well for its owner?
>
> Unconditional regards, Ric.
> www.traderscalm.com
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