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Strategies & Market Trends : Your Worst Trading Enemy.. You -- Ignore unavailable to you. Want to Upgrade?


To: Fun-da-Mental#1 who wrote (100)1/18/2001 8:31:04 PM
From: Fun-da-Mental#1  Read Replies (2) | Respond to of 223
 
P.S. I know a guy who works at a mathematics research institute, trying to come up with schemes for computer trading. He hasn't had much success. He believes if a computer can't beat the market, then nobody can. I asked him what about the famous successful traders of history? Just lucky, he said. Out of millions of people, some will be lucky. If they're lucky enough they become famous. (Obviously I don't believe him, otherwise I wouldn't be trading.)

Fun-da-Mental



To: Fun-da-Mental#1 who wrote (100)1/19/2001 7:10:59 AM
From: shawnwolff  Read Replies (1) | Respond to of 223
 
To: Fun-da-Mental#1 Re: Computer Trading

You could be right. I don't trust artificial intelligence yet though personally. And wouldn't that take the sport out of trading? I wonder how many traders are really in it for the money, and not for the sport of it.

- Shawn