Sign inRecent Commentaries tagged (systems-trading)
Indicator Fascination
Neal T. Weintraub had a great line: “You will run out of money before a guru runs out of indicators…” Meaning, don’t get caught up looking for the perfect entry or the magic entry indicator. It is a waste of time. Find a robust trading system and use discipline. That is the best bet. ShareThis
Systematic Trading
From FT: Systematic trading may inherently be guided by the same considerations. But this approach goes about investing in an automated way, based on intricate algorithms based on years of historical performance that restrict input of sentiment and hunches. Computers monitor and interpret market...
Speaking of Technicals
A great reminder from technical analyst John Murphy: “The statement ‘market action discounts everything’ forms what is probably the cornerstone of technical analysis. [...] The technician believes that anything that can possibly affect the price–fundamentally, politically, psychologically, or...
Why Can’t Economists Get It Right? Because They Don’t Go To Las Vegas
The article is titled “Why Can’t Economists Get It Right? Because They Don’t Go To Las Vegas”. Sounds plausible. Makes good points, but ultimately why does it matter whether an economist gets it right or wrong? Unless they are offering a precise trading strategy, opinions and predictions,...
Blast from Past: 1992 Systematic Trading Wisdom
From the International Herald Tribune circa February 1, 1992 comes this article “The New High-Tech Investing: Computer as Fund Manager” By Philip Crawford: The specter of a computer-dominated society has long been the stuff of science fiction, conjuring chilling scenarios of a world that values...
