Sunday, 26 July 2015

Streetwise quants

08:53 Posted by The Thalesians (@thalesians) No comments
Who is an expert on Greece? Me? No. You? You can answer that, rather than me. Economists covering Greece? Yes (although admittedly not all of them). The market as a whole? Probably not, judging by all the volatility around recent events. However, if you traded any sort of macro asset class in recent...

Friday, 17 July 2015

Listening is better than hearing

15:37 Posted by The Thalesians (@thalesians) No comments
We all know the difference between listening and hearing. You can hear what someone says, yet can understand comparatively little. If I attend a lecture on a subject I know nothing about, I might be able to make out the words, yet ask me about the narrative of the presentation, and I'll be absolutely...

Saturday, 11 July 2015

Follow the leader & CTAs

15:51 Posted by The Thalesians (@thalesians) No comments
When everything is going well, who doesn't like to bask in all the glory? When stuff is maybe not going quite as well, it's easier to hide and avoid comment. The difficulty with trading, is that you'll be wrong a lot of the time, no matter how successful you might be in the long term. With strategies...

Sunday, 5 July 2015

It's here... PyThalesians open source library!

16:33 Posted by The Thalesians (@thalesians) No comments
Just imagine if everything in life were proprietary? You want to speak a language? Pay a licence fee to the company who owns the language. You want to walk through on a street? Pay a toll based on the number of steps you take. Want to see street art, like the above photo? That won't be free. Ludicrous?...