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Hello Kent,
thanks. I hear ya with the geometric stuff. If someone can use it to
make $$ more power to em. guess we all get to choose our own poison.
--
Best regards,
Jim Johnson mailto:jejohn@xxxxxxxxxxxxxxxx
Friday, April 05, 2002, 1:00:57 PM, you wrote:
KR> I wasn't trying to imply chaotic in a scientific sense. I was just stating
KR> that the markets do not have behavior that can be captured by some regular
KR> geometric patterns over any significant period of time. I'm sure anyone can
KR> pick up a chart and fit some pattern to it, and as humans, we find this very
KR> intellectual satisfying. But the behavior doesn't persist and more
KR> importantly, doesn't PREDICT.
KR> I haven't used any chaos theory in my efforts at trading and it wil be a
KR> long, long time before I do if ever. I am still working on trading systems
KR> using more conventional methods. For the record, I am not making a living
KR> at trading...yet.
KR> Kent
KR> ----- Original Message -----
KR> From: "Jim Johnson" <jejohn@xxxxxxxxxxxxxxxx>
KR> To: "Kent Rollins" <kentr@xxxxxxxxxxxxxx>
KR> Cc: <realtraders@xxxxxxxxxxxxxxx>
KR> Sent: Friday, April 05, 2002 12:40 PM
KR> Subject: Re[4]: [RT] List description: interrogatories
KR> Hello Kent,
KR> I don't know if markets are chaotic or not. But let's assume they
KR> are. I've seen chaos concepts badly abused in trading and other areas
KR> of life so I have adpopted this slightly skeptical filter about such
KR> things. But I have an open mind--several holes in it in fact. But I
KR> 've read a bit on chaos theory, fractals, strange attractor etc.
KR> When you say "chaotic", what (briefly)does that mean? and more
KR> importantly, how has this affected the methods you use to trade?
KR> Any ideas would be helpful. thanks.
KR> --
KR> Best regards,
KR> Jim Johnson mailto:jejohn@xxxxxxxxxxxxxxxx
KR> 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
KR> 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
KR> never
KR>> become a professional trader by drawing geometric patterns on charts.
KR> But
KR>> newbies don't know this. They think that mystical methods have merit.
KR> This
KR>> list doesn't exist to disabuse newbies of that notion, but more and more
KR> it
KR>> exists to promote those methods. And like you said, most of the quants
KR> are
KR>> gone.
KR>> List often do have agendas that are not spelled out. And the fact that
KR> 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
KR>> Your use of Yahoo! Groups is subject to
KR> http://docs.yahoo.com/info/terms/
KR> To unsubscribe from this group, send an email to:
KR> realtraders-unsubscribe@xxxxxxxxxxxxxxx
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