Hi: FA = Fundamental Analysis. > "Econophysics" is not my invention, is just a common term used among > physics community Indeed. We need to thank HE Stanley and folks like him for that splendid gift. Econophysics is not physics: Titles like http://www.amazon.com/Quantitative-Finance-Physicists-Introduction- Advanced/dp/product-description/012088464X should read as 'Basic Finance for Physicists who could not find a faculty job and want to join Wall Street'. If someone can draw useful analogies with math used in physics, that's fine, but this is not physics. Since there is a statistical interpretation of quantum mechanics, some folks would be talking about QM in trading. There seems to be no such discipline in physics that cannot be successfully applied to trading:) I think the success of physicists who joined the Street is related to their excellent education and smarts in creative solving of complex problems, more than their particular knowledge of e.g. QM.
> Market manipulation is what really governs the market This is unfortunate. --- In [email protected], "loveyourenemynow" <[EMAIL PROTECTED]> wrote: > > Hi, > > Can you specify what do you mean by FA? > ARIMA etc is time series analysis, and TA is primitive linear version > of it, mixed with some superstition > > Economists do not understand physic language, and they are upset > physicists can do their job better without a PhD in finance or knowing > what macroeconomics is > It is not a scientific matter, but corporative interest, whey want to > keep the control of the financial world > > Walls street quant are physicists not economy major as far as I know > and they use time series as you mentioned not TA > > "Econophysics" is not my invention, is just a common term used among > physics community > > My view about this entire subject is very simple: opportunities > disappear when a lot of people realize them so you always have to find > something new, and TA is not so new ... and people like Gann ended up > living writing books rather than trading. > It is good to give a lot of illusions to a lot of small investors so > they can waste their money (as 90% of traders do) and give it to banks > and brokers > > In this regard TA is really successful > Market manipulation is what really governs the market > > > Thanks > Ly >
