Friday, January 29, 2016

Getting Hit by a Bus or how not to!


Here is another truism I heard today, “There is so much money in finance today, that it doesn’t pay to be smart.  Just don’t get hit by a bus!”  Now site back and give that some deeper thought.  It shouldn’t take too long before you realize the reality in those words as it relates to the markets. You don’t need to be the smartest, most talented and have developed all your skills, to be successful in finance. You do however need to be smart, with talent and have developed skills in numbers, correlations, statistics and probabilities.  The aforementioned skills are invaluable in determining the over/under value, but it is the coders the algorithmic developers that can operate at the speed of light turning transmitted bits of data into actionable generated automatic responses.  These are the folks that really do command our attention due to their abilities to implement those algorithms in the financial markets. Back to the first truism from above – that it doesn’t pa
https://www.indicatorwarehouse.com/getting-hit-by-a-bus-or-how-not-to/

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