december short term trading part 1, page-101

I got a friend who works in the US for a hedge fund - hes a algorithmic programmer - has a PHD (hes a doctor) of PHYSICS and also Computer Science - the guys lectured in Oxford hes a complete genius.

Anyways he programmed his own genetic algorithm robot which using backtesting has returned 36%p.a every year the last century. Hes used it the last 5-6 years and has made approx 30% p.a

These programmes exist and their programmers r the ppl that make all the money

**** What these programmes do is they throw 'trends' off balance, they destroy or manipulate trends or patterns to outdo and outcompete eachother. They add to volatility on te charts and to sudden trend destruction. Once one robot does this with enuff volume the others follow, ppl get stopped out, and then some other robot tries to take the lead and outdo the others and set a new trend or destroy an existing trend.

***** U cannot compete with these robots - they even see and have all the information re your limit orders and the limit orders of every1 else individually

Some1 with a PHD in programming or physics + charting expertise knows how to beat the market

** Apparantly guys like goldmans etc make profits every year but dont report the full extent.....they know how to beat the market

My mates programme beats the market - goes long/short -algorithms check out all possibilities re bollinger bands std deviartions etc and any other parameter and buy sell according to data.

you cant beat em as a manual trader....they throw trends off