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Re: [RT] Vegas Anyone? - The Nasdaq Sniffer



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You sound like a school marm, or at least an illiterate 
whiner. Apply your own comments to your OWN post. I posted in earnest. There is 
no call for your attack on me. Now that you've elected yourself as 
moderator God, schedule your self-righteous self for a penetrating brain 
enema.  Hooray for ric, whoever he is. If you don't like him, he must be 
allright.      
  
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Tom Bowen 
  
  To: <A 
  href="mailto:realtraders@xxxxxxxxxxxxxxx"; 
  title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx 
  Sent: Monday, February 25, 2002 11:12 
  PM
  Subject: Re: [RT] Vegas Anyone? - The 
  Nasdaq Sniffer
  
  And this thread has what to do with us helping 
  one another become better traders in the current world??????????
  Your turning into another ric whatever his name 
  is.
  Trading and helping one another is why were here 
  so let's get back to it.
   
  <BLOCKQUOTE 
  style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
    ----- Original Message ----- 
    <DIV 
    style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
    tim 
    long 
    To: <A 
    href="mailto:realtraders@xxxxxxxxxxxxxxx"; 
    title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx 
    Sent: Monday, February 25, 2002 7:25 
    PM
    Subject: Re: [RT] Vegas Anyone? - The 
    Nasdaq Sniffer
    I'm reading this thread and it seems to me that some 
    clarity is in order,IMHO.What do we know is predictable? Certainly 
    the tides, but  what perfectionlevel is needed?Humans 
    trading -vs- computers (programmed by humans) trading - what are themain 
    issues?Can we program our thinking? Left brain logic?, yes, of 
    course.Blackjack is a good example of left brain usage. Try to be right 
    brained andyou are a loser.No human can outperform a computer at 
    this. The latest Chess computer canbeat any human. Chess is about 
    strategy and tactics, in human theory, but,to a computer that has every 
    game ever played (and is well programmed), it'sreally about the superior 
    capacities, data  and speed of the computer.Trading? What does 
    trading consist of? Are the decisions made left-brained,right-brained or 
    just purely emotional?   I don't imagine anyone here 
    wouldchallenge the idea of having a trading plan, which is all 
    left-brain stuff.If one programs all the components of a professionally 
    done written tradingplan, it's likely unbeatable.Now back to the 
    original issue, predictability.  If one tries to forecastthe 
    future, it calls for inductive reason, based on something like 
    cycles.It's projected outward in time. This I'd call a strategy.I 
    admit ignorance with neural nets. It seems like step-wise 
    regressiontesting or something like that. But deductive reasoning, like 
    after a chessmove, would be used (I guess) by the neural net, kinda like 
    the weather. Iwouldn't call it a  forecast, maybe a pattern 
    recognition probability, or avalidation or invalidation of the original 
    forecast (strategy).OK. A lot of words to say "what is the 
    probability that this prediction isaccurate?".  If a program can 
    make a prediction and record it on thedatabase, it's easy enough to go 
    back and compare the actual result to it.Computer test results, (Odds, 
    Probabilities) would be the "edge" overhumans.Personally, I 
    don't think humans are made for trading, any more thanBlackjack, i.e, if 
    the goal is to make money.IMHO, the components of human behavior are 
    absolutely predictable, and,programmable, but not by Friday.I don't 
    know where we are on "Visual" technology, but, it seems inevitablethat 
    the computer will surpass us. But, for now, experience can be "seen" 
    bythe pros and I guess it'll still be king, for a little while 
    anyway.Sorry if I overdid this,Tim----- Original 
    Message -----From: BL <blee7@xxxxxxxxxxxxxx>To: 
    <realtraders@xxxxxxxxxxxxxxx>Sent: Monday, February 25, 2002 8:49 
    PMSubject: Re: [RT] Vegas Anyone? - The Nasdaq Sniffer> 
    > Neural  nets  are  a joke compared to what I am talking 
    about. NN keep> > learning  and re adapting to new data in 
    old data series by refitting.> > I  am  talking about 
    something that knows more than any mass of humans> > could ever 
    know let alone communicate to each other in a timely enough> > 
    fashion to utilize that knowledge.>>> 
    Okay,>> I'll put my old-timey, Neural Net clunker joke model 
    up against any> fire-breathing, sounding-hearing, 
    master-of-the-universe computer model,and> this ain't even close 
    to being one of my best.  It's 100% market exposed,> trades on 
    the open only using EOD data for signal generation, trades one> 
    contract and changes position, on average, once every 2 days.  
    Any> supercomputer takers or is it all talk?  Oh yeah, I guess I 
    need to be> up-front and let you know one of the model's inputs can 
    actually smell the> market, thus the name - the Nasdaq 
    Sniffer.....  Supercomputer, Kick my> net's ass.  I'll even 
    give you a handicap and let you trade intra-day ifyou> 
    like.  Just allow me time to change the net's batteries when 
    needed.>>> To unsubscribe from this group, send an 
    email to:> 
    realtraders-unsubscribe@xxxxxxxxxxxxxxx>>>> Your 
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