... l-Finance@egroups.com> ... program ... J: Maybe! It's not over yet! *g* ... of ... the issue ... systemless ... system ... before ... J: Hmm..there's the...
580
Ronald Davis, CMT
rondavis@...
Jul 5, 2000 2:50 pm
Should you really want some approximation of real world answers, I suggest that, rather than abstract argument, you get off your collective duff and do some...
581
jk_stratton@...
Jul 5, 2000 3:18 pm
In all of this, I'm wondering if systems trading capitalises on human limitations - if only by avoiding them - without needing to actually understand them....
582
jk_stratton@...
Jul 5, 2000 3:23 pm
Who goes *off* their duff to write software? Jan ... suggest ... duff and do ... program ... to ... stop ? ... no ... mass ... riding...
583
jk_stratton@...
Jul 5, 2000 3:29 pm
I once suggested that one strategy responding to the literal PD would be organised crime (both members of a syndicate having trust and win- win incentive to...
584
jk_stratton@...
Jul 5, 2000 3:37 pm
The systems trading situation looks to me also like a Red Queen scenario, perhaps combined with over-exploitation of the environment. Jan ... systems as a ... ...
585
Gord Cruikshank
gordc@...
Jul 5, 2000 4:39 pm
Thanks for the motivation Ron, Maybe you'd like to visit the site patternrecognizer.com g....
586
Ronald Davis, CMT
rondavis@...
Jul 5, 2000 5:04 pm
OK. I did. ??? Are you involved? If so, good going. How does it test? Do you trade it? And so on. Ronald Davis, CMT ... From: "Gord Cruikshank"...
587
H. Mark Hubey
HubeyH@...
Jul 5, 2000 5:32 pm
... I don't know how to play bridge so I can't tell if the game is harder than chess. I doubt it. computer programs have even written music and confused expert...
588
Ronald Davis, CMT
rondavis@...
Jul 5, 2000 5:44 pm
From a programming point of view it is. Chess is a game of complete information, bridge (poker, etc) is not. This leads to lots of inference mechanisms about...
589
H. Mark Hubey
HubeyH@...
Jul 5, 2000 5:45 pm
Yes, Game Theory is where it's at. When the opposition is changing strategies then the trading becomes more fluid and more difficult. ... -- Regards, Mark ...
590
Ronald Davis, CMT
rondavis@...
Jul 5, 2000 5:48 pm
I disagree. I think statistics is where it's at. Ronald Davis, CMT ... From: "H. Mark Hubey" <HubeyH@...> To: <Behavioral-Finance@egroups.com> ...
591
H. Mark Hubey
HubeyH@...
Jul 5, 2000 5:53 pm
There are pgms that play backgammon which also has elements of randomness. There are strategies in backgammon also. The main point is that it can probably be...
592
H. Mark Hubey
HubeyH@...
Jul 5, 2000 5:54 pm
... Game Theory has probability theory in it. Statistics is simply a part of probability theory. ... -- Regards, Mark /\/\/\/\/\....I love humanity. It's...
593
H. Mark Hubey
HubeyH@...
Jul 5, 2000 6:01 pm
... Assuming that there are enough players and enough strategies, the mass of the traders will create a random system. The only one likely following a strategy...
594
jk_stratton@...
Jul 5, 2000 6:17 pm
... computer ... the ... human. ... It's a qualitative difference. ... All of those points I've mentioned myself in convos about AI; the argument was going on...
595
jk_stratton@...
Jul 5, 2000 6:17 pm
... computer ... the ... human. ... It's a qualitative difference. ... All of those points I've mentioned myself in convos about AI; the argument was going on...
596
Ronald Davis, CMT
rondavis@...
Jul 5, 2000 8:06 pm
I don't think you want to defend that before a panel of mathematicians. Ronald Davis, CMT ... From: "H. Mark Hubey" <HubeyH@...> To:...
597
Gord Cruikshank
gordc@...
Jul 5, 2000 8:20 pm
Yes, I am. It "tests" really well. I am trading it, among others. The fundamental theory can be compared with weather forecasting. Imagine two groups of...
598
Ronald Davis, CMT
rondavis@...
Jul 5, 2000 8:33 pm
Ronald Davis, CMT ... From: "Gord Cruikshank" <gordc@...> To: <Behavioral-Finance@egroups.com> Sent: Wednesday, July 05, 2000 13:19 PM Subject:...
599
worldnet
laplace@...
Jul 5, 2000 9:17 pm
Extract from http://www.nidlink.com/~bobhard/tavistok.html "University of Pennsylvania, Wharton School of Finance & Commerce Founded by Eric Trist One of the...
600
H. M. Hubey
HubeyH@...
Jul 5, 2000 10:00 pm
... They usually have PhDs in philosophy or some social science. So they are not a part of the great unwashed masses :-) ... -- M. Hubey, Computer Science ...
601
H. M. Hubey
HubeyH@...
Jul 5, 2000 10:03 pm
I will defend it everywhere. I was in the dept of math and comp sci for over a decade. And now some of my best friends are still mathematicians. ... -- M....
602
H. M. Hubey
HubeyH@...
Jul 5, 2000 10:05 pm
It's more like when someone says "Well, let's see NYC is in the zone where it snows. And it is near the Gulf stream so it will have cold weather in winters but...
603
Larry Wright
lwright@...
Jul 5, 2000 11:06 pm
... In theory, yes, but it is devilishly hard to get a good trader to put into words what he/she **really** does, so it can be placed in the computer. This is...
604
jk_stratton@...
Jul 5, 2000 11:43 pm
I don't understand; econometrics is a completely different subject than behavioural or organisational research. Trist was the pioneer of the socio-technical...
605
Ronald Davis, CMT
rondavis@...
Jul 6, 2000 12:22 am
me too Ronald Davis, CMT ... From: "H. M. Hubey" <HubeyH@...> To: <Behavioral-Finance@egroups.com> Sent: Wednesday, July 05, 2000 15:03 PM ...
606
H. Mark Hubey
HubeyH@...
Jul 6, 2000 3:32 am
... If it can be explained to a human being clearly it can be programmed. ... -- Regards, Mark /\/\/\/\/\....I love humanity. It's people I can't...
607
Larry Wright
lwright@...
Jul 6, 2000 4:12 am
... ^^^^^^^^^^^^^^^^^^^^^^ My point is it is very difficult to get a trader to do this so it would include *all* the things the trader takes into account -...
608
H. Mark Hubey
HubeyH@...
Jul 6, 2000 4:45 am
... If a person has problems clearly explaining it then the method does not work (and he got lucky for a while) or he is lying. ... -- Regards, Mark ...
