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On Tuesday, April 16, 2002, 3:35:33 AM, Bob Heisler wrote:
BH> When I see obnoxious comments like the one above it reminds me of
BH> how fortunate I really am.
I am sorry if my comment upset you. I was trying to expand on the
rather astute observation by Earl Adamy that there were two camps
here, with different beliefs, and, to quote him, "While discretionary
traders can offer examples, I see no way in which discretionary can
offer "proof" due to the complexities of mechanizing a process".
Perhaps you can better explain why there is 'no way in which
discretionary can offer "proof"'. I'd be interested in your view of
this, and of the two camps. How would you characterize the two camps?
BH> It's kind of funny....one of the better traders I know is a former
BH> math professor who definitely falls into the discretionary camp.
As I said in my reply to Earl, I believe there is a third camp - and
there may be a 4th, 5th,... and so on. And, of course, it is always
possible to have "exceptions to the rule", as they say. FWIW, I also
think math folks can be quite intuitive, so I'm not disagreeing with
you at all.
Perhaps you have a suggestion for a more effective way to build a
'bridge' between the two camps. If you are going to 'blast' mine, I
would hope you have a better approach in mind. Please tell us.
BH> Btw, when's the last time you or any of your "computers are better than
BH> people" buddies actually placed a real trade?
I don't think I ever suggested that computers are better than people.
I don't believe that, I never said that, and I'm not sure why you said
it. Could you explain how you came up with this?
But to answer you question: yesterday and today. :-)
ztrader
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