Editing Talk:2101: Technical Analysis
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:Keybounce, do you have any thoughts on how to share some of that with the layperson? The cryptocurrency markets are highly volatile and worth many billions of dollars. People with little resources are getting involved and either going bust or becoming millionaires. The trading history makes it clear there is a lot of automated trading for a long time, but I'm not sure many people really know what they are doing, and the publically available code appears pretty weak. There is a lot of opportunity here to make huge impacts on major economic and social groups in ways that could really help problems in the world. [[Special:Contributions/172.68.65.228|172.68.65.228]] 03:32, 22 January 2019 (UTC) | :Keybounce, do you have any thoughts on how to share some of that with the layperson? The cryptocurrency markets are highly volatile and worth many billions of dollars. People with little resources are getting involved and either going bust or becoming millionaires. The trading history makes it clear there is a lot of automated trading for a long time, but I'm not sure many people really know what they are doing, and the publically available code appears pretty weak. There is a lot of opportunity here to make huge impacts on major economic and social groups in ways that could really help problems in the world. [[Special:Contributions/172.68.65.228|172.68.65.228]] 03:32, 22 January 2019 (UTC) | ||
− | True that computerized arbitrage/high frequency trading occurs at speeds which leave zero room for human reaction times (see the $$$ made by shaving only 3 milliseconds’ | + | True that computerized arbitrage/high frequency trading occurs at speeds which leave zero room for human reaction times (see the $$$ made by shaving only 3 milliseconds’ (!!) from the transmission delay, when Jim Barksdale built a new straight-path fiber optic line from Chicago Mercantile to NASDAQ in NJ in 2010, and by McKay and Tradeworx using microwave tower relays since then), but computerized arbitrage is, broadly, not the same as technical analysis of markets. Arbitrage takes immediate advantage of brief pricing trends and inefficiencies, while analysis seeks to predict pricing. Of course, technical analysis is also computerized at inhuman speeds, and its algorithms are used in arbitrage, but seems to me the comic isn’t about arbitrage, as such.[[User:Miamiclay|Miamiclay]] ([[User talk:Miamiclay|talk]]) 20:03, 22 January 2019 (UTC) |
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