Prep-Scholes

aka Quantomas.

You’re living in potholes, you’ve got to come to know the truth. This is not it, then what is it?

Here’s where Veri Confusium makes a connection between Jim Simons and the Black-Scholes model.

To my knowledge the Medallion Fund does not engage in a lot of options trading.

The Black-Scholes model was so good, that when Jelcin decided on not paying back the debt, LTCM was loosing hundreds of millions of dollars per day.

Jim Simons is a Mathematician known for the invention of the Chern-Simons forms that deal with 3D geometric shapes.

He recruited an army of PHDs and successfully implemented Markov models to grnerate 66% average yearly returns trading various markets.

Achilles Dent / Macdulio / Gábor Szentes is a poet with some programming skills.

He successfully invented and applied his own market models, coded automated rouitnes that could generate 358,000% plus returns in a 2-year span. No one ever gave a hoot about him.

I believe that the right associations worth more -even in trading – than all the algebra in the world. No other conclusions.

Turbo charging your future

My Municipal Trader / Longs Only run from 10/22 to today with allowance up to 2000 lots:

…down to fluoride-free toothpaste now.

The questions that I have to be facing right now headed down the path of hybrid trading are:

– how much better spread would I get with a PRO ECN account

– how do I make my Windows 11 Home restart proof, or do I have to burden my old Windows 7 Pro comp with having to run the two auto trading routines on top of the trail stop / targeter EA as well as 3 different hedger routines?

I have been waiting for this day to close out all positions since the first of November. Yesterday I made a mistake and today I escalated the problem, so now I’m stuck for however much longer. On the plus side I managed to pay off two personal loans and two credit cards and put aside holiday budget for 2024 thanks to this year’s good trading results.