guru_trader
485 posts
msg #51793
- Ignore guru_trader |
5/24/2007 11:36:55 PM
This article will make you rethink the changing dynamics of the market.
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From Bloomberg Markets Magazine (June 2007) : The Ultimate Money Machine
"A third of all U.S. stock trades in 2006 were driven by automatic programs, or algorithms, according to Boston-based consulting firm Aite Group LLC. By 2010, that figure will reach 50 percent, according to Aite."
Source: The Ultimate Money Machine
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karennma
8,057 posts
msg #51892
- Ignore karennma |
5/31/2007 8:54:14 AM
Why am I not surprised?
Everyone's got their own "holy grail".
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curmudgeon
103 posts
msg #52001
- Ignore curmudgeon |
6/6/2007 2:18:17 AM
Machines are dumber than Forest Gump. They only do what you can make them do. One of my all time favorite indicators; the guy who developed it was a mechanical trader who religiously followed his system signals...he is out of business. The indicator he made was brilliant but it still has to be "finessed" in chop, long down trends etc. To program a machine to do what you can do with your brain is a monuMENTAL task.
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jackg1606
4 posts
msg #52448
- Ignore jackg1606 |
6/22/2007 6:25:46 PM
My trading system is based solely on luck. How could anyone ever program a computer to be lucky.
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