Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Challo Jeregy who wrote (36351)	8/13/2012 3:16:15 PM
From: Joseph Silent	Read Replies (1) \| Respond to of 223458

Challo ..... I work with algorithms all the time, though they have nothing to do with markets. Whatever capacity is built into them depends on a combination of static or dynamic inputs and some rule or rule set. These decision points are input by humans. Just as you would not say a car drove you from point A to point B, you would not say an algorithm made a trade, even if it seems that way. Of course, when things go wrong and you kill someone or lose $400m (Knight), you readily blame it on the car or algorithm. :)