As personal computers go, the Commodore 64 appears to be a commercial “hit”. It is a reasonably powerful machine with plenty of memory and unique graphic and sound features. Its quick acceptance by consumers should not be a surprise, since it is a bargain. (In December, 1982, the 64 sold for $595 and there was almost no discounting of prices.) In fact, the complaint about the 64 has often been that its power is difficult…
Yes James Simons… I have been referring to him on different occasions. This math lover, who earned his PhD from the University of California, is known for founding and creating Renaissance Technologies Chern-Simons formwith a technical analysis style in its trading activities. Reported revenue reached $18.5 billion in 2018. Although James Simons was included in Bloomberg’s 2011 list of the 50 most influential people and was named “the world’s smartest billionaire” by the Financial Times…
“…In his latest presentation at BTC Prague, Michael Saylor presented “his bitcoin prophecy”, predicting that bitcoin will reach a price of USD 21 million per coin by 2046 (21 years from now). While USD 21 million sounds crazy right now, it is important to put this into perspective. This price would imply an annual return of 28.5% over the next 21 years. If we consider that over the last 21 years, Apple’s stock has returned…
Lets Assume we bet 100 USD on Each signal. and I would stop trading the signal at 25% DD.156 x 100 = 15,600 Total First Selection of Signals: 156 (I counted them wrong as 157) 33 :Exploded 🙂 – account closed. We do not know the exact reason for stopping but we assume they blow the account up. We would have stopped at 25% DD and we have 75 USD after stoploss. 70 of them…
Month 03-2025 03/2025 TCBridgeNew PDF Report Link Monthly % Returns Cumulative Return % https://docs.google.com/spreadsheets/d/e/2PACX-1vT9i9SSkydmxyFM5AGBaF-IeMCutKAhR8llrg5ZTb1gbd_Lzq7dyKsGHFoc9D4Xf25EK9h-zkIej55J/pubhtml https://ugurcandan.com/wp-content/uploads/2025/03/Tcbridgenew032025_drowdowns.pdf As you can see we had 25 active strategies working on the account. Total Return: 96.8% with -3%DD on the last day of March. The Graphs are active Graphs – I copied the results on a static google sheet. You never know brokers sometimes delete the past history logs. I have unfortunately lost some of my account history. This time…
VWAP: Volume weighted average priceTWAP: Time weighted average pricePOV/Volume: These strategies are referred to volume inline, percentage of volume (POV), of participation rate algorithmsArrival Price: The arrival price algorithm has different meanings across different brokers and vendorsImplementation Shortfall: The IS algorithm is like the arrival price algorithm in many waysBasket Algorithms: Basket algorithms also known as portfolio algorithms are algorithms that manage the trade-off between cost and total basket risk based on a user specified…
The “efficient markets” theory is half right. The market’s mechanism for allocating prices is extremely fair. It’s a simple two-way auction process by which price moves over time to facilitate trade either up or down-an extremely rational, efficient process. The other half of the efficient market equation, however, is often wrong; people are seldom rational when they make financial decisions. The first step toward more profitable investing is to accept that market irrationality is due…
Nassim Nicholas Talep “Statistical Consequences of Fat Tails” Published in 2020. A recent read compared to Markowitz “Portfolio Selection” published in “The Journal of Finance”, Vol. 7, No. 1. (Mar., 1952), pp. 77-91. Both of them are must reads. Markowitz passed away on 2023. I wonder if those two guys ever meet each other. If they ever did I wonder if they discussed their own approaches. I will search for it and let you know…
Why a vector Database is a must?A vector search engine is a type of search engine that uses vector representations, also knownas embeddings, to search for relevant information. Unlike traditional keyword-based search engines, vector search engines use mathematical techniques to represent and process the meaning of words, phrases, sentences, or documents in a high-dimensional vector space. The key idea is that semantically similar items have similar vector representations. Vector search engines are particularly useful for…
Benoit Mandelbrot and Richard L. Hudson spend good amount of time for making it understandable in the book “The (Mis)Behavior of Markets” “Markets are much riskier than we have been led to believe. They are prone to violent, unpredictable swings, and these swings are not mere anomalies but part of the natural order of things.” This quote highlights Mandelbrot’s critique of traditional models that underestimate market risk and fail to account for extreme events. “The…