Discussion of article "Exploring Seasonal Patterns of Financial Time Series with Boxplot" - page 11

 
Maxim Dmitrievsky:

only the spatio-temporal structure approved by Alexander and supported experimentally is interesting.

then you would have to give up on MA, and discretisation without substantiating the temporal structure with TF15... or maybe TF30.... in my opinion it's a load of rubbish ;)

PS: if I understood correctly what Alexande the Great is talking about, then everything is simple there - you refuse to limit losses and wait for profit to descend on you, the main thing is not to forget to recite religious recitatives.

 
Igor Makanu:

then you would have to abandon MA, and discretisation without justifying the temporal structure with TF15... or maybe TF30.... I think it's a load of rubbish ;)

PS: if I understood correctly what Alexande the Great is talking about, then everything is simple there - you refuse to limit losses and wait for the profit to descend on you, the main thing is not to forget to recite religious recitatives.

You just need to believe in it with all your heart and not a step away from this belief, and MA is just a cover for the uninitiated.

 
Maxim Dmitrievsky:

You just have to believe in it with all your heart and not a step away from this faith, and AI is just a cover for the uninitiated

I have nothing against it, as I wrote earlier from the whole e-library I kept only "Axioms of a stock speculator". Max Gunther.

everything fits:

Basic axiom No. 3. About hope.

Basic axiom No. 8. On religion and the occult.

 
Igor Makanu:

I have nothing against, as I wrote earlier from all e.library I kept only "Axioms of a stock speculator". Max Gunther.

everything fits:

let not Thy hand be lifted up, forget not the wretched and the dumbest (TS?) of Thy people to the end (Psalm 9: 33).

 
Maxim Dmitrievsky:

Logarithmisation, Box-Cox, Fisher-Lambert transformation and other nonsense has nothing to do with the financial markets

only the spatio-temporal structure supported by experimentation is interesting.

Absolutely agree with that.

 

The theory of efficient market has nothing to do with the presence of perodic component in quotations. And vice versa.

The presence of periodic fluctuations in quotes was known long ago, even before the formation of the hypothesis, and has never been refuted by the authors.

The hypothesis does not state that the quotes cannot be predicted with sufficient accuracy for making money.

The hypothesis states that it is senseless to use public information - data on companies' income and expenses, macroeconomic statistics, etc. - to analyse quotations.

 
Дмитрий:

The theory of efficient market has nothing to do with the presence of perodic component in quotations. And vice versa.

Presence of periodic fluctuations in quotations was known long ago, even before the formation of the hypothesis, and has never been refuted by the authors.

The hypothesis does not state that the quotes cannot be predicted with sufficient accuracy for earning.

The hypothesis states that it is senseless to use public information - data on income and expenses of companies, macroeconomic statistics, etc. - to analyse quotations.

Anyway, efficiency and inefficiency are established trader jargon. The presence of any regularity in the market is the presence of inefficiency.

 
Maxim Dmitrievsky:

Anyway, efficiency and inefficiency are established trading jargon. The presence of any regularity in the market is the presence of inefficiency.

I see.

That is, the article is not an attempt to refute the hypothesis of an efficient market, but a statement about the fundamental impossibility of forecasting the quotes flow.

 
Дмитрий:

I see.

That is, the article is not an attempt to refute the efficient market hypothesis, but an assertion about the fundamental impossibility of forecasting the quotation flow.

Only:

1. high-frequency deviations (arbitrage)

2. trends

3. cycles

All of these are inefficiencies in the market, if it is proved that any of them can be predicted, then the market is inefficient or weakly efficient.

Data on companies' revenues and expenses and other statistics are also cycles, only fundamental ones, which appear with a certain periodicity and have a certain influence on the market and are reflected in quotations instantly (in case of an efficient market) or are discounted gradually, in case of an inefficient market.

 
Fast235:
I don't like MQ, I hope its place will be taken by a more serious and businesslike company with a proper reputation.
Why are you badmouthing MQ? It's a nasty thing to do.