darthtrader3.1beta

I fail to see the difference between banned or "annoyed" enough to stop posting...although I called him out at first, I certainly did not contribute to him not posting here... whatever though, I'm out...next post is as darthtrader4.0

I dropped out of CS at Pitt..of course you would respond to this...your exactly what I was talking about as far as beeing "too smart". I smoke cigerettes with guys everyday from the FX desk at my night job...They are all the same guy as you. Someone coddled since birth to only think about being "correct"...your time is clearly up as reflected macro economic wise here.

Thats it? I would really like to hear you explain yourself as far as why you banned a published poker author who was clearly not selling anything. You can't and you know you can't. Its so pathetic you can't admit you were wrong. I've always thought you were a pretty cool guy until this but you have to check power once its given out. You clearly don't know how to manage power. To me I view your actitions valuation wise that you just cost James a good deal of cash flow from the poker guys Pat would have brought to this board. That is exactly why I said If I was James I would ban you.

Well of couse I'm going to "assume" things in this area. I am not a software engineer, I am a speculator interested in software engineering. Of course I'm going to "speculate"...I've spent 5 years now training my brain to speculate against uncertain information, its not possible for me to no do so.. Maybe its you who mistakes something you can't see for a blindfold. Just because you can't see something doesn't mean your blind..The eyes/brain take in a massive amount of data in continuous time, the fact I don't remember 99% of the data that has come across my brain via my eyes today certainly does not mean I'm blind.. Basically, I don't get your point.. The ironic thing to me is that there is a title to this thread and I've asked for you geeks to shootdown matlab, yet no one even wants to touch the subect...why? Because you know you cant Its EXACTLY designed for the purpose we are talking about...Is that an "informed opinon"? Of course not, its a speculation..."informed opinion" is vastly over priced though...its exactly why the financial system sits at the cliff right now. I don't "buy" "informed opinions". I'm just a speculator.

lol..no im mad because there is alot of interesting discussion that you killed off for no valid reason other than your own insecurity that there actually may be things that are interesting to talk about that you have not a clue about. Its pathetic you can't admit you were wrong. Its not everyday that you get a published author on a board like this. Maybe he eventually would try to sell something? Who cares..Just his posting on high frequency data spurred some of the most interesting discussion for awhile on here..And you couldn't take it so you killed him off. I've lost all respect for you simply because you can't admit you were wrong. In the long run, everyone makes mistakes, who cares. Mods who can't admit they are wrong certainly have no business moderating something as uncertain as a trading forum.

The "poker guy" was Pat Dittmar.. http://www.amazon.com/Practical-Poker-Math-Probabilities-HoldEm/dp/1550228331/ref=pd_bbs_sr_1?ie=UTF8&s=books&qid=1235784284&sr=8-1 Who left because your an insecure dipshit who single handedly ruined some great exachanges of ideas that will now never happen. If I was James I would ban you. Or maybe I'm wrong and you are right..I mean who wants to talk to a published poker author on here who runs his own private trading firm and employes a C++ engineer to write financial software...(fish his linkd profile) good job "moderator"!!!!

For now :þ Well I just want to thank everyone here. I first joined this site in spring 07 after I blew out my brother in laws day trader account shorting AMZN.. I've learned so much and evolved to the point though that I've come to my own personal rubican as far as analysis goes..I like bsing about trading too much that it holds me back from getting down to grunt work so I'm killing all my message board accounts this weekend. There has always been context to my username...the next time I post here will be the "release" of 4.0: [ame=http://www.youtube.com/watch?v=rjCyZ2P9bCA]YouTube - Obi-Wan Kenobi Vs Darth Vader[/ame] "The circle is now complete, when I left you I was but a learner..now I am the master". Dedicated to Blowfish..."Your powers are weak old man.."

Most traders are just "over smart" when it comes to this area...too "smart" for their own good and miss the obviousness of the context of the data they are trying to analize..."Context" to me is exactly what holds current AI research back, but that is a tangent. A Boltzmann Machine is much more obvious than any kind of Back-Propagation training BS...Even more obvious though is ant colony optimization in reverse of a tick database to weight probabilistic paths..hint, hint.

Matlab with the the toolboxes you would want runs about $2k... There is no other choice. You can easily spend $1k on trading software.. What you get for that extra $1k is decades of software engineering into making things simple for the highest common denominator, instead of a few years of software engineering aimed at the lowest common denominator. Thats exactly why you can post matlab code form market profile in this thread while posting ninja code for the same thing would not fit... The entire idea of making "advanced" retail software is flawed... There is no market. The only way to have that is for some software to be designed for much more complex analysis and visualisation of data, then piggy back that engineering down to retail trading.. its already been done..

No you missed my point completely...Fortran was a metaphor for the fact that tickquest still supports delphi...I would speculate that the number of speculators trading systems in delphi is 5:1 with number of speculators trading in Fortran, and basically no one trades in Fortran. Its a waste of resources..bad management..exactly the way I start with valuation as far as any company goes. I don't invest in incompetant management ever. Like you said, the biggest problem is getting the architecture right from the start. That is the make or break decision.. There is no reason to not go with matlab. You can't economicaly make trading softare to that degree, its impossible economics wise because trading software will never have the market that matlab does.. Its simply a datafeed problem if viewed as straight up trading software. I took this entire week off from the markets to wrestle with the macro economics and if I can accept 25ms snapshot data from IB...there is no choice.

Well first, when are you going to come back to stocktalk? I miss you posting there... Second when are you going to put that high powered canadian brain to 2d futures instead of 3d options? Your wasting alot of mental energy here.. Third... What will kill your idea here are those "slight inaccuracies", namely transaction cost, the fact you can't buy .25 of a contract, you have to buy 1, and the spread if your not a market maker. Delta neutral strats sound great theoretically...the problem I found is it seemed to put the strat into practice is that I would have to buy an 1/8th of a contract every 20 minutes, forgetting that I would have to transact with no commision and with the spread neutral or in my favor to really sit delta neutral...Even if that could be done at the retail level..the catch is you still have to buy a full contract and not 3/8ths a contract...So then your really taking a complex directional position then if its basically impossible to sit neutral... If you can accept that then the even bigger rub is there is obviously someone who sits above your strategy with lower commisions, faster execution and most important with vastly more capital who can fractionalize the strategy as far as single contracts go impossibly better than you because of a lack of capital...They can buy 1/16th of a contract at the aggregate of your strategy while you can not..No edge. Theta is constant, you can't gain an edge with Theta if you want to be neutral. The other rub is with Vega...you have to bet against those guys mentioned not just on delta, but against your understanding of vega...Thats a total fools game...Even ignorant understanding of vega can get you a Phd from a top university, someone will have it right that you have to beat...its a fools game.

TPOs were an obvious fudge for volume by Steidlmayer because that kind of volume information was not realistic at the time. The only good thing left with TPOs IMO is that they are better still on very long profiles if you don't have more granular volume data. IE, I would rather look at the price range of 30 minute bar data on a 60 day profile than a volume profile that only takes one 30 minute snapshot of volume on OHLC data, the TPO is just smoother in that case. I do agree though that there is no reason to take an arbitrary number at this point like "value area" whatever. If you look at enough profiles and mark off the value high and low by hand(easy once you see enough profiles) then TPO vs volume becomes pretty much the same because of how you will use that information(ie. to find ranges to trade against)