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HalifaxCB replied Jul 18, 2007Yes, actully. It's one of the pleasures I've had having spent the last 20 years on the Atlantic coast. I think one of the worst aspects of most urban (or modern upscale) living is that it tends to confine people within rather small social ...
Are Trader Lonely people??
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HalifaxCB replied Jul 18, 2007Sorry to hear it & I hope you can get out intact, one way or another. But something to keep in mind is that USD/CAD has been in a major downtrend for 5 years, without more than a 10% retrace at any given time (from over 1.60 to current levels). That ...
USDCAD trend reversal?
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HalifaxCB replied Jul 18, 2007Lol - the irony of it all is that it was the Chinese who invented paper currency

Hypothetical China crash
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HalifaxCB replied Jul 18, 2007I would say no (to whether independent traders are lonely), they just tend to be self directed, which makes it hard to get along with the majority of people, who tend to more "group-think" perceptions. I know I tend to get along much better with ...
Are Trader Lonely people??
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HalifaxCB replied Jul 18, 2007Go to the source at StatsCan: url If you look at the bottom of the release, you'll see links to various cansim tables. You can probably get what you need by poking around through there.
CAD CPI-Core y/y Calendar
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HalifaxCB replied Jul 18, 2007No, it's just a reaction to the CPI numbers, plus recent news perhaps of heavy shorting in uranium.
USDCAD trend reversal?
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HalifaxCB replied Jul 17, 2007I dunno, seems to me emotions should be better saved for things that really matter, like the kids... Certainly I find it intellectually stimulating (win or lose), but it's just money; and I would never judge myself (or anyone else for that matter) ...
Lack of emotions?
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HalifaxCB replied Jul 17, 2007I'm just using the information from their website. Their specialty is trade placement; its their clients that are deciding the direction. They were formed in response to the market meltdown of '87, which was largely caused by inefficient market ...
The future effect of banks using AI software
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HalifaxCB replied Jul 17, 2007Very true - in fact one might be tempted to say being bought by Citi is a KoD for good ideas. Poking through the atd website, it looks mostly to be designed for efficient trade placement. This is really useful for large funds that want to move ...
The future effect of banks using AI software
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HalifaxCB replied Jul 17, 2007I dunno Kudzu, seems to me that one of the joys of FX is that it is really one of the most fixed games in town. I mean, suppose the comptrollers of the big companies got together periodically to talk about what their stock values should be, everyone ...
The future effect of banks using AI software
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HalifaxCB replied Jul 17, 2007Lol, thanks (I think
). FWIW, I do agree with you on AI especially - I had a good deal of experience working with it, particularly in the 90's when it was really a hot item - though there I was working in signal analysis for several (non-FX) ...The future effect of banks using AI software
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HalifaxCB replied Jul 17, 2007Not really. What many traders see as significant moves are - for larger amounts of money - simply risk adjustment effects. Something like a new US carrier group in the Gulf could imply an increased risk of US action against Iran (for example) which ...
The future effect of banks using AI software
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HalifaxCB replied Jul 17, 2007There's a move to make all financial news releases machine intelligble, which means that any statistically useful information can be extracted and acted on much faster than the average trader can react. The process doesn't supply the statistics - ...
The future effect of banks using AI software
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HalifaxCB replied Jul 17, 2007Like megadave points out, stagflation is inflation without growth - or even negative grwoth (i.e. recession). Most of us post-50's are well aware of the process (thanks to Jimminny Carter). OTOH, inflation though not necessarily required for growth ...
Inflation: What is it and it's causes
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HalifaxCB replied Jul 17, 2007Excellent example of where math goes wrong (BTW, an excellent postmortem of LTCM's approach in Bookstader's book).
The future effect of banks using AI software
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HalifaxCB replied Jul 17, 2007I find the speculative sentiment index is quite enlightening.
FXCM Discussion
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HalifaxCB replied Jul 17, 2007Re games - last time I checked, computer smarts were only good enough to play at the mid-level in more complex games, like Go. Chess is just too easy

The future effect of banks using AI software
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HalifaxCB replied Jul 17, 2007Tons can go wrong. Good introductions to the problem are in Nassim Taleb's books "Fooled by Randomness" and "The Black Swan"; for wonderful examples of how mathematically perfect systems go wrong, try "A Demon of Our Own Design", by Richard ...
The future effect of banks using AI software
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HalifaxCB replied Jul 17, 2007Mine aren't. While China may not be a free market economy, what happens to it has profound impact on countries that do have such. Therefore "N/A" is N/A

Hypothetical China crash
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HalifaxCB replied Jul 17, 2007Here's a simple formula (works for me): Entry - clear expectation of gain; Exit - holding the position has no clear expectation of gain. Stop and Reverse - holding the position has a clear expectation of loss (= a clear expectation of gain by going ...
Exits: Our worst enemy