Information Arbitrage takes in depth reviews of the hard-core wonders of Wall Street -- things like derivatives, economics, sell-side organizations, as well as taking on some of the main stream topics like the "Jobs Put Option" bit.
On November 26, 2006, he wrote an article called "Black Box Trading: Panacea or
Promotion". He is saying I'm on a hopeless cause. Why should I succeed when big guys like
Ray Kurzweil throw millions of dollars at developing Block Box Trading Systems.
I'm slowly acquiring a perspective on how markets behave. And they certainly aren't well
behaved. The randomness is random, after a fashion. I'm impressed by how various simple
strategies I've come up with can reach a zero result, before commissions. But there has to
be an edge somewhere.
Hence, I'm proceeding along two avenues. One is continuing the development of an
Automated Strategy, just to see what I can do and what I can learn. The other is to resuse
some Darvas strategies I successfully used last year before getting too busy with other
stuff.
This is the reason for posting the Darvas stuff. I know it was successful before, and I
need to do a little paper trading to prove my techniques, before I jump in once again with
real money.
By tomorrow, I'll be behind by two days in posting the various results. I'll get caught
soon.