This is why I can't stand the finance industry...
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In such situations the best is to summon @sean-ewington to have a look. It is from 2013... :wtf: How did you find it? But yes, if not spam (sounds pretty similar to his username) at least... :
Quote:
Using the code NOTE: This section will be continuously updated as project progressing. Points of Interest
Code never added... I would say, the easiest is wait to see what Sean says... (I would wait due to the entry of the contest, not that we break something in the background) afterwards you can hit the red flag and say "unclear / incomplete" (I'll be doing it myself). If enough hit the flag... bye bye
M.D.V. ;) If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about? Help me to understand what I'm saying, and I'll explain it better to you Rating helpful answers is nice, but saying thanks can be even nicer.
This is from an old contest where the article submission rules were different. Basically, you can think of it like, "there were no rules."
Thanks, Sean Ewington CodeProject
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In such situations the best is to summon @sean-ewington to have a look. It is from 2013... :wtf: How did you find it? But yes, if not spam (sounds pretty similar to his username) at least... :
Quote:
Using the code NOTE: This section will be continuously updated as project progressing. Points of Interest
Code never added... I would say, the easiest is wait to see what Sean says... (I would wait due to the entry of the contest, not that we break something in the background) afterwards you can hit the red flag and say "unclear / incomplete" (I'll be doing it myself). If enough hit the flag... bye bye
M.D.V. ;) If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about? Help me to understand what I'm saying, and I'll explain it better to you Rating helpful answers is nice, but saying thanks can be even nicer.
Thanks for the ping. I see he replied to you, so I'll wait to see what he says...
Jeremy Falcon
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This is from an old contest where the article submission rules were different. Basically, you can think of it like, "there were no rules."
Thanks, Sean Ewington CodeProject
Does it means, leave it alone? Or shall we hit the flag? That the guy wrote "code" will come and never did it... that's for me a good reason for the "incomplete" selection. My concern was more about, will we break something if we nuke it?
M.D.V. ;) If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about? Help me to understand what I'm saying, and I'll explain it better to you Rating helpful answers is nice, but saying thanks can be even nicer.
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In such situations the best is to summon @sean-ewington to have a look. It is from 2013... :wtf: How did you find it? But yes, if not spam (sounds pretty similar to his username) at least... :
Quote:
Using the code NOTE: This section will be continuously updated as project progressing. Points of Interest
Code never added... I would say, the easiest is wait to see what Sean says... (I would wait due to the entry of the contest, not that we break something in the background) afterwards you can hit the red flag and say "unclear / incomplete" (I'll be doing it myself). If enough hit the flag... bye bye
M.D.V. ;) If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about? Help me to understand what I'm saying, and I'll explain it better to you Rating helpful answers is nice, but saying thanks can be even nicer.
Nelek wrote:
How did you find it?
Oh, forgot to answer... I was searching for "trading" for acrticles. It's something I enjoy talking about, so I figured why not search for it. And well... the rest is history. :laugh: I know I come off as jaded, but let's just say I've even attended in-person classes at "prestigious" places such as Online Trading Academy where the instructor was flat-out lying to people, just so they'd buy their course. And it's not just instructor, I used to host meetup groups about it where I also knew for a fact people were just flat-out lying about trading and their results, rather than seek to learn and improve. Or you have folks who are very, very strongly opinionated about them being almighty and wise, despite them being broke and clueless.
Jeremy Falcon
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Nelek wrote:
How did you find it?
Oh, forgot to answer... I was searching for "trading" for acrticles. It's something I enjoy talking about, so I figured why not search for it. And well... the rest is history. :laugh: I know I come off as jaded, but let's just say I've even attended in-person classes at "prestigious" places such as Online Trading Academy where the instructor was flat-out lying to people, just so they'd buy their course. And it's not just instructor, I used to host meetup groups about it where I also knew for a fact people were just flat-out lying about trading and their results, rather than seek to learn and improve. Or you have folks who are very, very strongly opinionated about them being almighty and wise, despite them being broke and clueless.
Jeremy Falcon
I don't know if you will like it, but in the big online platform that is going IPO soon, there is a r/algotrading and acouple of other similar channels. Quality of the posts was better some time ago, but there still are some interesting posts from time to time.
M.D.V. ;) If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about? Help me to understand what I'm saying, and I'll explain it better to you Rating helpful answers is nice, but saying thanks can be even nicer.
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I don't know if you will like it, but in the big online platform that is going IPO soon, there is a r/algotrading and acouple of other similar channels. Quality of the posts was better some time ago, but there still are some interesting posts from time to time.
M.D.V. ;) If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about? Help me to understand what I'm saying, and I'll explain it better to you Rating helpful answers is nice, but saying thanks can be even nicer.
I'm gonna sound old and crusty, but I still don't know how to use reddit well. :laugh: Maybe I should learn. The problem I have with "algorithmic trading" btw, is its usually nonsense. People that buy into that usually want to "get rich quickly and easily" and without learning. Yes, computers are used in trading these days, but the big boys in wall street are laughing at the clowns in the retail space doing crap like this. If the focus is more on the magic "algorithm" rather than actual market data, then it's usually fake. People would be better off studying market theory or flipping a coin and automate risk and money management. Or people should spend a few grand and hire a real mentor/tutor. Instead, it's a game of kiddie land where peeps pretend to have solved something wall street (with all their money and financial resources) couldn't figure out.
Jeremy Falcon
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The sheer arrogance and ego of people, who purport fake nonsense that goes untested and unchallenged because it revolves around money - which so many people worship and so many people pretend to be good at to seem cooler than they are. [Dynatrade-Bell™, Quantitative Trading Engine](https://www.codeproject.com/Articles/637808/Dynatrade-Bell-Quantitative-Trading-Engine?msg=5989756#xx5989756xx) No source? No actual learning? A trademark in the title? Reeks of He Who Shall Not Be Named. Must be his brother. I bet this dude couldn't even define quantitative as it pertains to finance, without looking it up. Dunno if this belongs under spam or I'd put this post in that forum. But this article is not about education. It's an ad and I don't see something saying it's a sponsor of CP.
Jeremy Falcon
Well, I'll point out that what this is doing is to bring attention to an article that was last modified nearly 10 years ago... But, you're right, it reeks of spam, reads like it was written by someone who thinks oh-so-highly of himself (is that you, [Bill Sergio](https://www.codeproject.com/script/Membership/View.aspx?mid=53972)?) and its rating is already down in the gutter. Better let sleeping dogs lie, I say...
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Well, I'll point out that what this is doing is to bring attention to an article that was last modified nearly 10 years ago... But, you're right, it reeks of spam, reads like it was written by someone who thinks oh-so-highly of himself (is that you, [Bill Sergio](https://www.codeproject.com/script/Membership/View.aspx?mid=53972)?) and its rating is already down in the gutter. Better let sleeping dogs lie, I say...
I 95% agree. Well maybe 94%. :laugh: Except, it's the Internet, so despite it being an older article it's still online for people to search and consume. Not everyone is going to care about the publish date or modified date. For instance, I found it. Someone else could...
Jeremy Falcon
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I 95% agree. Well maybe 94%. :laugh: Except, it's the Internet, so despite it being an older article it's still online for people to search and consume. Not everyone is going to care about the publish date or modified date. For instance, I found it. Someone else could...
Jeremy Falcon
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So you want to deprive others from the wealth of knowledge contained within. ;P But seriously, I'm agreeing with you, this sort of crap might as well be taken down.
Then... as I said. report it as unclear/incomplete, 2 done... 3 more to go
M.D.V. ;) If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about? Help me to understand what I'm saying, and I'll explain it better to you Rating helpful answers is nice, but saying thanks can be even nicer.
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This is from an old contest where the article submission rules were different. Basically, you can think of it like, "there were no rules."
Thanks, Sean Ewington CodeProject
Ah, The Good Old DaysTM
Will Rogers never met me.
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The sheer arrogance and ego of people, who purport fake nonsense that goes untested and unchallenged because it revolves around money - which so many people worship and so many people pretend to be good at to seem cooler than they are. [Dynatrade-Bell™, Quantitative Trading Engine](https://www.codeproject.com/Articles/637808/Dynatrade-Bell-Quantitative-Trading-Engine?msg=5989756#xx5989756xx) No source? No actual learning? A trademark in the title? Reeks of He Who Shall Not Be Named. Must be his brother. I bet this dude couldn't even define quantitative as it pertains to finance, without looking it up. Dunno if this belongs under spam or I'd put this post in that forum. But this article is not about education. It's an ad and I don't see something saying it's a sponsor of CP.
Jeremy Falcon
yep. Remember the story from, oh I don't know, 20 years ago where they compared the managed fund results (managed by a well compensated manager) and a dart board. The dart board won. "The problem I have with "algorithmic trading" btw, is its usually nonsense" It works when you are fast enough to do microtransactions. In my opinion, AI and the furtherance of s/w in the stock market will ultimately destroy it. It's being propped up now. There was a picture of a server farm meme, but I cannot find it at the moment.
Charlie Gilley “They who can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety.” BF, 1759 Has never been more appropriate.
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yep. Remember the story from, oh I don't know, 20 years ago where they compared the managed fund results (managed by a well compensated manager) and a dart board. The dart board won. "The problem I have with "algorithmic trading" btw, is its usually nonsense" It works when you are fast enough to do microtransactions. In my opinion, AI and the furtherance of s/w in the stock market will ultimately destroy it. It's being propped up now. There was a picture of a server farm meme, but I cannot find it at the moment.
Charlie Gilley “They who can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety.” BF, 1759 Has never been more appropriate.
charlieg wrote:
It works when you are fast enough to do microtransactions.
Being fast enough implies it's not a fully automated thing though. I agree a computer can help, but most people aren't nearly smart enough to pull that off in a fully automated fashion. I'll give you a for instance, the peeps that invented candle sticks, claimed to have a good win rate. They only took long positions though. What's the point? The vast, vast majority of "experts" or algo pros would never know anything substantial about what's real. People will pretend tho, but they won't show you their undoctored statements.
Jeremy Falcon
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charlieg wrote:
It works when you are fast enough to do microtransactions.
Being fast enough implies it's not a fully automated thing though. I agree a computer can help, but most people aren't nearly smart enough to pull that off in a fully automated fashion. I'll give you a for instance, the peeps that invented candle sticks, claimed to have a good win rate. They only took long positions though. What's the point? The vast, vast majority of "experts" or algo pros would never know anything substantial about what's real. People will pretend tho, but they won't show you their undoctored statements.
Jeremy Falcon
Truth, I wasn't completely clear. These are all institutions moving millions of dollars every few seconds. The fact that they are buying and selling trigger other algorithmic reactions on other servers. If I push in 100 million into a stock and it goes up by 10 cents, then I sell in the next few seconds I just made a chunk of cash. Thats what I meant by micro transactions. They are so fast they are inside the decision loop of the market. Reminds me, I need to go check all my accounts :)
Charlie Gilley “They who can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety.” BF, 1759 Has never been more appropriate.
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Truth, I wasn't completely clear. These are all institutions moving millions of dollars every few seconds. The fact that they are buying and selling trigger other algorithmic reactions on other servers. If I push in 100 million into a stock and it goes up by 10 cents, then I sell in the next few seconds I just made a chunk of cash. Thats what I meant by micro transactions. They are so fast they are inside the decision loop of the market. Reminds me, I need to go check all my accounts :)
Charlie Gilley “They who can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety.” BF, 1759 Has never been more appropriate.
That's also the reason a lot of stops get cleared out, even if you're right on your guess in direction. And it's not accidental. The market is a place that rewards the few because the many refuse to _really_ learn. The irony... everyone thinks they're the "genius" but nobody reads any books, talks to people at funds, or pay for classes/tutors. But they'll believe some squiggly lines that look like a lollypop randomly is the key to it all.
Jeremy Falcon