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Old 11-14-2012, 01:06 PM   #28
cowmoo32
drunken science
 
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Join Date: Jul 2003
Location: Raleigh, NC
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Quote:
Originally Posted by Drex View Post
I trade stock for a private firm

I actually found this video on one of the trading blogs I follow.

http://www.zentrader.ca/blog/?p=15836

But I guess if wall st. traders watch this stuff it must be totally bunk...
A lot of commodities traders have zero formal education, so yeah, I would be quick to disregard anything they have to say regarding the sciences. Just because a person trades stocks and writes a blog does not mean they have even the slightest insight to any formal science. And even if it was someone with formal math training such as a quant, I would still take what they have to say with a HUGE grain of salt. They may understand some higher level math but that doesn't qualify them to speak on physics. Finance is not a science, and if you've read any history of financial analytics then you'll know that some very intelligent people failed at attempting to treat it as such.
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Last edited by cowmoo32; 11-14-2012 at 01:09 PM.
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