Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

rt-trader

To UrmaBlume

Recommended Posts

Hello UB,

 

I dont often visit or post to forums (except NinjaTrader) so when I was bounced into TL and came across your threads a couple of days ago I was amazed and like many others intrigued by your material, views and approach.

 

I have spent many hours reading and re-reading what you have written and there is much to think about...

 

Anyway - I thought I would start a thread to say THANKYOU for all you have contributed - and for persisting in the early days when a few word slingers were firing off at you.

 

As someone who has attempted to apply many types volume analysis to trading, I see that the new ideas and techiques you utilise would offer a lot to those that can (in part) decode what you have been saying.

 

Thankyou again...

Share this post


Link to post
Share on other sites

RT-Trader,

 

Thank you very much for the kind words. I am gland you find our work to be of interest.

 

I see you are posting from Sydney. What a beautiful, not to mention fun, city.

 

I have been lucky enough to make several trips down under and enjoyed them all. Some years ago one of your major bookies hired me and an associate to build a neural net based system for setting odds in your horse races. While it was a business trip we had a very good time and even managed a trip to Cairns for some diving.

 

I would like to see something of your work - do you post under this name on the Ninja boards?

 

cheers

Share this post


Link to post
Share on other sites

Hi UB,

 

Yes, I do use the same name, although I use the forum for support only...

 

I did try to send a much longer reply via PM but was blocked (not enough posts on my part)

 

Cheers

Share this post


Link to post
Share on other sites
Dear UB,

 

How is your horseracing and sports betting system going?

 

We moved up from Sports and Horse betting almost a decade ago. While we were active I believe our handicapping was beyond the state of the art. And while I am not active in this area today I belive our work is still beyond what is available today.

 

If we could ever get some spare resources I would love to have some of our new "wonder kids" with their super tools tackle this once again - especially the exotic bets of the thoroughbred racing circuit here in the US.

 

Below is a partial page from one of those reports.

 

Here is a page that links to a short movie that explains our approach to sports betting and demos one of the reports we were producing some years ago.

 

Trade Point Technologies

 

The link on that page that plays the movie is:

 

Click here to play a short flash movie that explains our report and something about how we process sports data.

 

This data based approach did well with NFL and really good with NBA. The problem with handicapping the NFL is the short season and the small number of games.

 

It has been some years since we produced these reports. We finished the database that holds the data from the comma delimited performance reports for American Thoroughbred Racing but never hooked up the Intelligent Agents to do the handicapping.

 

We became completely absorbed by the markets and haven't touched these systems in years. If we ever get a few extra resources I would love to use some of these newer, smarter and faster tools to process the data.

 

If you have a minute please take a look at the movie of the NBA report and let me know what you think. I believe it to be beyond the state of the art in sports handicapping and know for sure that its performance could be greatly improved with today's tools as compared to almost a decade ago.

 

Also what do you think about the guages as measure of sports performance characteristics?

 

 

sports.jpg

Share this post


Link to post
Share on other sites
I think sports betting and particulary horseracing with the over the top rake is for suckers unless one has inside information.

 

I couln't agree more - with the exception that in spite of the horrendous rake at the tracks, the tremendouns amount of available data and the huge leverage of certain exotic bets might provide some opportunity to some very smart processing. At any rate if the processing is any good it will give one the answer before the firts bet.

 

One of the major problems with both sports and horse betting is the depth of market and in racing in particular which is parimutual betting.

 

Still, it would be fun, especially living here in Las Vegas and the next time a couple of my database & intelligent agent guys get a bit of extra time we will give the horses a shot just for the fun of it.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • I guess US has fund managers and investment banking institutions looking after the portfolios on behalf of their clients.
    • There are many resources related to forex trading available on forums like babypips and forexfactory etc.
    • Candle stick pattern is one of the easiest charting patterns available to learn and make money. However, new traders never learn about the skills needed for earning money but they rush for making money and eventually lose their money.
    • Nothing wrong with being a ‘progressive’. Nothing wrong with being a ‘conservative’.  Very generally, ‘conservatives’ have preponderance of the here and now neurotransmitters, prefer empirical references, the rule of law, and value individual agency (It has been said that conservatives love humans and progressives love humanity) . Very generally, ‘progressives’ are dopaginaric - driven by passion for a better possible future, prefer references to others  (Example Karmela won’t answer questions with facts.  She cites the opinion of 18 ‘experts’), have a penchant for rule by man/mobs not by law , and value ‘societal' agency.  However, excesses of either tendency indicates mental illness, collective malaise, and has consequences.  When either camp is systematically captured by control seekers and/or, situationally by mobs, the whole is lessened. A key sign that is occurring is when one side no longer allows disagreement.  Progressives have  currently gone crazy in those excesses and are no longer allowing anything but unithought... examples - You can still be a vocal pro choice republican.  Try being a vocal pro life democrat. For snicks just try it.  You’ll get cancelled.  Bust a myth about blacks in America, true up the real  history of Republicans ending slavery and what has happened since, how the democrats are the party of the KKK, how Obama did not a fkn thang for blacks in general, be a black republican, etc.    You will get canceled in a heartbeat. Step up and question the social agendas of federally subsidized schools at a board meeting... get treated like shit and also get an immediate case number with the FBI ... Question the requirements to watch and lickkiss the 'rainbows' and also make sure your kids show up for it, not to mention fund transitions out of your pocket and see what you get ‘labeled’ Question mainstream media bias - even just to mention that biased, agenda driven narrative is different from truth in reporting - and see what happens to your voice... Excesses have consequences... imbalances have consequences... just sayin’
    • SBUX Starbucks stock, watch for a top of range breakout above 99.81 at https://stockconsultant.com/?SBUX
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.