Quote:
Originally Posted by QXP
I suggest you not generalise the whole industry and pontificate beyond your scope of expertise.
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Hello QXP, I made it quite clear and consistent in my post that hedge funds do indeed vary over a wide spectrum in terms of strategies and trading patterns and that algorithmic trading is neither the exclusive nor superior way of trading. Here of phrases as quoted in my earlier post that shows I was very careful in not making that generalization.
Quote:
Originally Posted by Donny
Not to say that those who use an intermediate level of math imply that they weaker performers. No, because they employ more fundamental analysis.
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and
Quote:
Originally Posted by Donny
No assumption is made on whether the need of a human trader is beneficial or detrimental.
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We are on the same page here. I do agree with you that not all hedge funds employ algorithmic based strategies and definite agree with you that those doing so certainly does not imply them being the superior ones.