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Old 07-03-2009, 06:34 AM   #9

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Re: HELLO Market Scientists, I'm Tired Too About "get Rich Quick" Magic Indicators

May I just ask two questions (if it is ok to be curious):

- Which is the science you are familiar with?
- What's the reason for heading towards 100% automation?
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Old 07-09-2009, 03:16 AM   #10

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Re: HELLO Market Scientists, I'm Tired Too About "get Rich Quick" Magic Indicators

Hi there,

I have been trading Forex for a while, but i was looking at trading Stocks, Options and Futures. Can anyone help me as i'm not sure how to get started trading these on a day trade basis. Is it the same as trading Forex and can anyone suggest a platform I can use to trade Stocks, Options and Futures. i'm in Australia.

Thanks in advance...
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Old 07-23-2009, 11:50 AM   #11

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Re: HELLO Market Scientists, I'm Tired Too About "get Rich Quick" Magic Indicators

Quote:
Originally Posted by BlowFish »
There are several ideas here http://www.traderslaboratory.com/for...chop-6104.html

You might find Ehlers books interesting, he comes from an engineering background and is looking to isolate the cyclical component using signal processing techniques.
Sorry for the late answer. Thanks for the link, I read it all. I'm still with mixed feelings about all this stuff about what is a trendy and what is a shoppy market. I mean, it is obvious to spot them on an historical graph, but that doesn't help at all with the current price of some stock.. will it continue to behave as it has been behaving?
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Old 07-23-2009, 11:56 AM   #12

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Re: HELLO Market Scientists, I'm Tired Too About "get Rich Quick" Magic Indicators

Quote:
Originally Posted by uexkuell »
May I just ask two questions (if it is ok to be curious):

- Which is the science you are familiar with?
- What's the reason for heading towards 100% automation?
Yes of course.

1) I have worked with in the field of neural correlates of consciousness, performing EEG analysis, some statistics, fourier, and research methodologies.

2) In order to get about 30 stocks trading continuously, which would be impossible if you are trying to follow them all.

Why so many stocks? because I like to diversify (if a particular stock falls, say, 90% it won't hurt the portfolio).
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Old 07-24-2009, 05:40 PM   #13

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Re: HELLO Market Scientists, I'm Tired Too About "get Rich Quick" Magic Indicators

Quote:
Originally Posted by Bodhi Dharma Zen »
Yes of course.

1) I have worked with in the field of neural correlates of consciousness, performing EEG analysis, some statistics, fourier, and research methodologies.

2) In order to get about 30 stocks trading continuously, which would be impossible if you are trying to follow them all.

Why so many stocks? because I like to diversify (if a particular stock falls, say, 90% it won't hurt the portfolio).
For diversify, you can trade ETF instead of single stock.

But another reason for automation I think is that it can avoid the effect caused by emotion (fear & greed), i.e. it can work in a purely logical way.
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Old 07-29-2009, 12:37 PM   #14

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Re: HELLO Market Scientists, I'm Tired Too About "get Rich Quick" Magic Indicators

Quote:
Originally Posted by obafgkmrn »
For diversify, you can trade ETF instead of single stock.

But another reason for automation I think is that it can avoid the effect caused by emotion (fear & greed), i.e. it can work in a purely logical way.
Exchange traded funds? how do they work? and regarding automatization, my portfolios is already fully automated, a robot does the transactions for me (TradeStation), but my methodology only works in a trendy environment, so now I'm thinking in a second approach that would allow me to stop trading when there is no trend.

Now, as attractive as this sounds, I believe it is impossible, because trends appear to come from nowhere and you can only spot them when they have been running for a time. IOW, it is easy to spot a trend in historical data, but my guess is that it is impossible to spot it when it is just starting.
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Old 07-29-2009, 11:28 PM   #15

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Re: HELLO Market Scientists, I'm Tired Too About "get Rich Quick" Magic Indicators

Its not impossible to identify when a trend starts. there are a couple cycles one should familiarize themselves with that is the balance imbalance cycle. balance is the range market like the last four days, imbalance will be the vertical move out of balance. which direction nobody knows (probably up just to piss all the tech guys off who are calling a top here), but either way I will trade in the direction of the move away from balance. It is usually a substancial move after balancing for a long time. That is the simplistic nature of the market and all one needs to be sucsessful to trade the markets. HA HA it takes a litttle more than that but thats the nuts and bolts of it.
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Old 07-30-2009, 11:28 AM   #16

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Re: HELLO Market Scientists, I'm Tired Too About "get Rich Quick" Magic Indicators

See this morning is a perfect example. normaly you wouldnt buy a market that is gaped up 10 points but leaving the balance area I was confident in the longside and bought . Good times.
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