Forget random quotes - page 24

 
faa1947:
Read books, or better still, get an education.
Can you give me a book or specialty that guarantees the profitability of the TS?
 
Andrei01:
can you cite a book or specialty that guarantees the profitability of TC?
The profitability of TC is guaranteed by a head without a thirst to get rich in the next hour, which has grown on a big ass sitting for 5 years in a place called econometrics or mathematical statistics. After that you are guaranteed to stop talking nonsense comparing statistics to coffee grounds. Whether you will be able to write a profitable TS after that - I don't know. But these are the people that work and earn on the market. All the rest - the casino: some individuals are lucky, and everyone else is not.
 
faa1947:

The profitability of TC is guaranteed by a headwithout a thirst to get rich in the next hour, who grew up on a big ass sitting in a place called econometrics or mathematical statistics for 5 years. But it is these people who work and make money in the market.

And is there any evidence for this hypothesis of yours or do you have to believe it? Actually it is known that the market price is non-stationary, which means that the mathematical apparatus is not applicable to it in terms of achieving positive MO.
 
Andrei01:
Is there any evidence for this hypothesis of yours, or do you have to believe it? Actually, it is known that the market price is non-stationary, which means that the mathematical apparatus is not applicable to it in terms of achieving positive MO.

Learn, learn and learn again.

Lenin

 
Is there anything you can argue adequately on this particular point?
 
faa1947:

I saw on TV that US banks were fined 6 billion.

And the FT reports 22.

faa1947:

But we won't see an efficient market anyway, because to me the whole dog is buried in hedge funds with $1000 trillion worth of futures (spreading rumours about the numbers).

That the markets would continue to be inefficient I am prepared to put a candle in a church, pray in a mosque and pay a rabbi. (sacrifices are being considered :)

You can only make money in an inefficient market.

 
Andrei01:
Is there any evidence for this hypothesis of yours or do you have to believe it? Actually, it is known that price in the market is non-stationary, which means that the mathematical apparatus is not applicable to it in terms of achieving positive MO.

You won't be able to earn anything using econometric methods, at least in their pure form. But you will be able to implement your own non-trivial algorithms, which require the use of the statistical tool. For example, you can competently create your own seasonal or currency index, or a paired trading strategy, or dynamic delta hedging, learn to correctly estimate the value of options, and so on. If your trading is limited to "I see it go up - I buy it, I see it go down - I sell it" - then you hardly need all that.
 
HideYourRichess:
And the FT reports 22.

For markets to continue to be inefficient I am prepared to light a candle in a church, pray in a mosque and pay a rabbi. (sacrifices are being considered :)

You can only make money in an inefficient market.

Total solidarity. Long live the people who manipulate the market as they create trends!
 

Please explain to me, if I'm not smart, what an inefficient market is and what an efficient market is. But please explain it not only and not so much in words, but in the form of formulas, if any.

And also please explain why it is possible to make money only in an inefficient market and therefore it is impossible to make money in an efficient market. Why? Where do such claims come from?

 
C-4:
If your trading is limited to "I see it go up - I buy it, I see it go down - I sell it" - you will hardly need all that.
It is not a fact. The short-term movements are the most optimal for working out, and if you make all sorts of statistical bullshit around it and guessing luck or bad luck as some people recommend here, the train will be long gone.
Reason: