one does not need knowledge of C++ or Black-Scholes equation for that.
BTW have u read Naseem Taleb?
Hmm... whats scientific and whats not scientific can be a philosophical debate.
Anyways, cant understand that. Do you question the validity of technical analysis?
Who the **** listens to such people? it cannot be someone who seeks a career in the markets. Others who seek spoon feeding are gonna be a looser in any case.
BTW have u read Naseem Taleb?
Hmm... whats scientific and whats not scientific can be a philosophical debate.
Anyways, cant understand that. Do you question the validity of technical analysis?
Who the **** listens to such people? it cannot be someone who seeks a career in the markets. Others who seek spoon feeding are gonna be a looser in any case.
As a corollary to your last point, if you don't believe what others are saying, why should you believe in what you are saying without verification?
C++ is just a language. If you don't have knowledge of C++ or rather the internals of the market microstructure represented in a computer program, you have to believe what the programmer vendor has canned for you, without much care about the accuracy of the same.
Because I know Black Scholes or rather Cox Rub eqns, I know the deficits and have been exploiting that to trade options for a living for the last 5+ years. You may not need to know BS or CR models, but you have to know something else where you operate.
Thats all for now,
Later