Are there any city traders on here?
Discussion
ShadownINja said:
okgo said:
Where's Scotland?
It's a made up place that people from the north end of England like to think they live in. I mean, if it were a real place, then we wouldn't be sending our tax payers' money that far north to pay for s
t.Edited by ShadownINja on Sunday 26th December 16:48
matthewg said:
ShadownINja said:
okgo said:
Where's Scotland?
It's a made up place that people from the north end of England like to think they live in. I mean, if it were a real place, then we wouldn't be sending our tax payers' money that far north to pay for st.Edited by ShadownINja on Sunday 26th December 16:48
But how much are they taking back in everything else?
Hey Noel, is it true some of the guys on this thread clubbed together and got you a Xmas present? I hear that it is a voucher for one of those "adventure days" which involves crossing the North Sea in a hot air balloon from near Great Yarmouth over to Esbjerg in Denmark. I hear it is valid for any day in January or February 2011. I think 1st to 5th February might be the best days for you to choose from.... 
Mystic said:
Hey Noel, is it true some of the guys on this thread clubbed together and got you a Xmas present? I hear that it is a voucher for one of those "adventure days" which involves crossing the North Sea in a hot air balloon from near Great Yarmouth over to Esbjerg in Denmark. I hear it is valid for any day in January or February 2011. I think 1st to 5th February might be the best days for you to choose from....
NoelWatson said:
Now that's just a shameless bump Well, surely that article is misleading. Theoretically, it's possible to predict everything precisely if you have the starting information and the right mathematical models; there's probably a lonely PhD sitting in his office in Warwick Mathematics Institute right now trying to figure it out.
You can't. You would need to know the position, attitude and velocity vectors for every molecule in the system to an infinite accuracy. As few as 2 bodies can themselves generate a chaotic system, and for 3 all bets are off.
Even for a system as simple as a double pendulum whose mathematics seem to be trivial, a tiny difference in starting conditions means that within only a few seconds the actual behaviours diverge.
http://www.youtube.com/watch?v=Uzlccwt5SKc
Even for a system as simple as a double pendulum whose mathematics seem to be trivial, a tiny difference in starting conditions means that within only a few seconds the actual behaviours diverge.
http://www.youtube.com/watch?v=Uzlccwt5SKc
RemainAllHoof said:
Well, it's down to how far you're willing to go to get the relevant information.
Even with increasingly precise measurement you are up against the thermal noise floor which places a physical limit on what resolution you can measure down to. Thermal noise is non deterministic so can't be filtered out. The only way to measure such a system would be to reduce it all to absolute zero and (unfortunately) keep it there whilst taking infinitely long integrated measurements.DonkeyApple said:
No but you can generate enough exciting spin to be able to sell courses, seminars and books to pathetic, desperate mug punters and make a fortune.
Baffle them with technical terms, promise riches beyond their wildest dreams (and hot girls) and flash complex charts before their eyes? I like it.RemainAllHoof said:
Baffle them with technical terms, promise riches beyond their wildest dreams (and hot girls) and flash complex charts before their eyes? I like it.
Indeed. And because it is not regulated you can't tell punters that they'll make hundreds of percent in returns. You could even show them a photo of a cheque made out to you from a spread betting firm confirming your winnings. Obviously you wouldn't show the corresponding losses on your other account you used to run the opposing positions.
The real bonus is once you've got as much money as you can directly from your user base you sell it on to someone offering fine wine invesents, land parcelling or penny shares so they can milk them more with a new and exciting way to make millions.
DonkeyApple said:
Indeed. And because it is not regulated you can't tell punters that they'll make hundreds of percent in returns.
You could even show them a photo of a cheque made out to you from a spread betting firm confirming your winnings. Obviously you wouldn't show the corresponding losses on your other account you used to run the opposing positions.
The real bonus is once you've got as much money as you can directly from your user base you sell it on to someone offering fine wine invesents, land parcelling or penny shares so they can milk them more with a new and exciting way to make millions.
Sounds conVinceing. You could even show them a photo of a cheque made out to you from a spread betting firm confirming your winnings. Obviously you wouldn't show the corresponding losses on your other account you used to run the opposing positions.
The real bonus is once you've got as much money as you can directly from your user base you sell it on to someone offering fine wine invesents, land parcelling or penny shares so they can milk them more with a new and exciting way to make millions.
Is this stuff not regulated at all? I see those disclaimers on various websites but are they free from lawsuits? I've toyed with the idea of running one of these and then admitting at the end it was a "scam" and giving all profits to charity.
RemainAllHoof said:
Sounds conVinceing.
Is this stuff not regulated at all? I see those disclaimers on various websites but are they free from lawsuits? I've toyed with the idea of running one of these and then admitting at the end it was a "scam" and giving all profits to charity.
I'm conVinced you know the sort of thing I am talking about. Is this stuff not regulated at all? I see those disclaimers on various websites but are they free from lawsuits? I've toyed with the idea of running one of these and then admitting at the end it was a "scam" and giving all profits to charity.
There's no regulation. Anything that publishes openly a return cannot be regulated as that is not permitted.
The joys of not being regulated is that even if the FSA gave a flying f
k, which they don't, it's only a £5k fine. When you can sell a thousand systems at a grand each that fine is cheaper than your stationary costs. I would hazard that there are only a small handful of people in the UK who can design and run 'systems' that can make good returns without taking on comedy risk for retail traders. And interestingly they are nearly all under contract to one person
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