Respect

Respect as trader? That you won't get until you finally figure out how to make money trading. So instead of showing off the intellect, why not figure out a way to harness that mental prowess by coming up with a plan that uses your full brainpower while blocking out your personality elements that are stopping you from being profitable? If what you're doing now isn't working, change it somehow so that your mental talents are applied, but your defects blocked. Then you'll get the monetary satisfaction that is worth a thousand times more than all the intellectual gratification in the world! You need to dumb yourself down just to be able to communicate with any of the normal non-genius people that surround you. Well, how about also trying to dumb yourself down when talking (trading) with the market? The market isn't as smart as you think, simply because 99.99% of the participants that make the prices move aren't as smart. So dumb it down a bit when thinking about price! The price movements of indices and other trading vehicles aren't as sophisticated. It's just people buying and selling stuff, and the prices changing due to varying supply and demand... that's all it is. It's not Einstein's Fifth Movement or any fancy intellectual thing like that; it's just a bunch of guys buying and selling stuff to each other!

Simplify your mission! All you need to do is figure out where the price of anything is most likely to be after any set amount of time you choose passes. That's it! Is the price of Stocks or Euros or Debt or Corn likely to be higher or lower than now in a month's time (or a week, or a day, etc.), and why should it move there? Will people want to pay more or less for SPX in two hours from now, and why? Data mining can tell you that, if you figure out what you're looking for. Mine more data, find repeating patterns, and only then will you be ready to program anything. Steaming forward on a hunch and your wild optimism alone isn't going to cut it. The market has no 'fair value'. Forget any notion of a 'fair value' that doesn't exist, dumb yourself down to the market's level, and figure out where future prices are most likely to be. That's all. Then you'll have what you're looking for.

Don’t give the market godlike quality in your search for the Holy Grail. Ironically the Holy Grail in literary terms being the cup Christ drank from at the Last Supper. What the market really is though is just people buying and selling stuff. That's all. And for all we know, the holy chalice may just be that, an ordinary cup. Your refusal to acknowledge this may well prove to be your doom. Because if the market is just ordinary people buying and selling stuff, then the further you go into this quant land, the further you remove yourself from these ordinary market participants. It's generally not wise for one to follow someone else's system unless they understand it forward and backwards. The reason for this is twofold. One, they will abandon it as soon as it falters. And two, they will never be able to trade with size and conviction with something they don't understand.