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Hello Kent,
I don't know if markets are chaotic or not. But let's assume they
are. I've seen chaos concepts badly abused in trading and other areas
of life so I have adpopted this slightly skeptical filter about such
things. But I have an open mind--several holes in it in fact. But I
've read a bit on chaos theory, fractals, strange attractor etc.
When you say "chaotic", what (briefly)does that mean? and more
importantly, how has this affected the methods you use to trade?
Any ideas would be helpful. thanks.
--
Best regards,
Jim Johnson mailto:jejohn@xxxxxxxxxxxxxxxx
Friday, April 05, 2002, 12:32:52 PM, you wrote:
KR> Good point on the methods discussed on this list. And I think that does the
KR> newbies on the list a disservice. As humans, our brains want to form
KR> patterns and see the market respond to pleasant shapes like squares and
KR> gentle waves. IN REALITY, the markets are totally chaotic. You will never
KR> become a professional trader by drawing geometric patterns on charts. But
KR> newbies don't know this. They think that mystical methods have merit. This
KR> list doesn't exist to disabuse newbies of that notion, but more and more it
KR> exists to promote those methods. And like you said, most of the quants are
KR> gone.
KR> List often do have agendas that are not spelled out. And the fact that Mark
KR> attacked BobsKC for being a vendor and now BobsKC is the active
KR> moderator....
KR> Kent
KR> ----- Original Message -----
KR> From: "ztrader" <ztrader@xxxxxxxxx>
KR> To: <realtraders@xxxxxxxxxxxxxxx>
KR> Sent: Friday, April 05, 2002 9:41 AM
KR> Subject: Re[2]: [RT] List description: interrogatories
KR>> Not a list where anyone with an email account tosses out
KR>> completely hypothetical crap about what the market may or may not
KR>> do over a hypothetical timeframe. How about you?
KR> It may have to do with how people on this list think. I seem to detect
KR> a strong bias against quantitative methods, and an open-arms reception
KR> to mystical methods. There is *very* little hard-nosed quantitative
KR> discussion on this list, and most of the 'quants' are gone, some by
KR> being banned. It seems that this attitude is desired by the members,
KR> and is not likely to change.
KR> Lists generally have agendas that are NOT spelled out in the
KR> description, and it is these hidden agendas that seem to cause many
KR> problems.
KR> To unsubscribe from this group, send an email to:
KR> realtraders-unsubscribe@xxxxxxxxxxxxxxx
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