In the previous post we started talking about Algorithm Aversion and here we continue that discussion. Interestingly, last week I had my own experience with Algorithm Aversion. I was headed to a location on a highway with no street address just a house number. Since I didn’t know where I was going, I plugged it […]
Even though many studies show that models beat experts in almost everything from determining cancers to the longevity of the fat, green-toed sloth those same studies show we have algorithm aversion. This is very relevant to quants (traders who use algorithms to trade). Following and maintaining confidence in the model is the foundation of quantifiable […]
I blather a lot about circuit breakers and I’m sure many of you wonder why I talk about them so much. To tell you the truth I had even started to ponder that myself. Just the other day I was talking to my marketing contractor Eric Wolf about the S&P 500 Margin portfolio because I […]
This week I am going to take you for a walk down a path some may find rather boring. Just saying, be fair warned. I’m going to have a heart-to-heart about transparency and, hopefully, it will not put into a stupor. Being as transparent as possible without overloading members with data is a tightrope a service […]
My discussion today, although it is about Slots, is not about the one-armed bandits in Las Vegas, it’s about OiT’s Advanced Slot Technology.
Finding the right algorithmic trading system is a process. Before diving into it, I just want to know how much I enjoy talking with you through these blogs. When I miss a week, I get emails asking me why. This tickles me to no end because that means some have come to expect my attempts […]