> I think that is what the Patent commissioner said well over 100 >years > ago. That everything has already been invented.
I am not saying that everything has been invented, only that all trading ideas are known. TA is mainly all based on 5 data points (OHLCV) and one of them I have no use for. We have terabytes, going back decades, written on the permutations. > Every trading system that is out there is out there. Of course >the > new innovative ones that nobody has thought of yet are not out >there. It wasn't a slip of the tounge ... I did say, intentionally, that all trading ideas are known, but not to all! It is only the expression of these ideas that varies. New technology, instruments etc can facilitate this e.g. AT based on enhanced computing capacities, electronic exchanges, SSF etc [I would have to go into the philosophy of ideation, to explain that point, but I doubt if anyone in the forum would appreciate the discussion :-) > But I think the only practical protection for a great trading >system > is secrecy, so you may never know about it. You posted some good points on this topic (across the threads). It took a while for the distinction between patent/copyright and also the idea of 'keepinjt secrets' to sink in ... thanks ;-) Progster: Yes, that was a Momentary Lapse Of Reason (PinkFloyd) .... a peak experience that we can sustain if we have the strength to hold to the 'flight of fantasy' (the dog is packing his bags again!). Continuing with the fiction .... the AB compiler and AFL could actually be open source but Tomasz could still sell AB could he not (I would still be a customer!) i.e. programs written using Python are for sale? Is anyone,anywhere, claiming copyright for the source code of a program written using Python? brian_z --- In [email protected], Dennis Brown <se...@...> wrote: > > Brian, > > I think that is what the Patent commissioner said well over 100 years > ago. That everything has already been invented. > > Every trading system that is out there is out there. Of course the > new innovative ones that nobody has thought of yet are not out there. > Once they are invented, you will say, that it is obvious and should > not be patentable. If it is not obvious to you today, then don't > claim it is obvious later after it is known to you. It is only a > matter of time until this takes place. > > But I think the only practical protection for a great trading system > is secrecy, so you may never know about it. > > ~Dennis > > On Dec 20, 2008, at 5:05 PM, brian_z111 wrote: > > > From my perspective I find it hard to imagine how anyone could claim > > to have an original trading idea .... every possible one seems to > > be 'out there' already. >
