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> 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 amibroker@xxxxxxxxxxxxxxx, Dennis Brown <see3d@xxx> 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.
>
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