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  1. darthtraderbeta

    5 Harsh Truths No Crypto Investor Wants to Hear

    lol are you kidding me? Everyone believes this. The second industrial revolution is almost becoming its own category on Amazon there are so many books being wrote about it. 5 years is the difference between the Iphone 6 and Iphone X. 128 gig vs 256 gig. Peter Thiel (who also believes...
  2. darthtraderbeta

    A real edge hardly requires any testing

    I think you are confusing hardly requires any testing with don't test at all. IMO the process should be: 1. you have a model that everything about it says it should work. 2. you test it on data a. it works and gives reasonable results inline with expectations before the test...
  3. darthtraderbeta

    A real edge hardly requires any testing

    Well I don't know how you can disagree with something you haven't read and what you said about ML is just not correct. What you are describing is actually what people are doing who do not use ML because you can't measure what is actually contributing to the prediction like you can with ML. The...
  4. darthtraderbeta

    Buffett has given up ...

    Only thing I am really finding is this paper Warren Buffett Value Indicator vs. GDP Size ─ Is the Relationship Superlinear? https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2897317 Buffet did say this at 2900 S&P in Jun 2019 “I think stocks are ridiculously cheap if you believe ... that 3%...
  5. darthtraderbeta

    Buffett has given up ...

    I think interest rates have to distort this quite a bit though. The 10 year on 1/1/2000 was at 6% and 04/01/07 at 5%. It still feels to me that the dot com bubble has a higher valuation when you had a 6% alternative. I don't know how you would properly scale this to interest rates though. I...
  6. darthtraderbeta

    Late tech titan's Silicon Valley home sells for $35.25 million

    At least have some balls and say black people like what you really mean you racist little bitch. You are probably still mad about getting picked last in gym class.
  7. darthtraderbeta

    Why has the turtle trend-following system stop working?

    We are twice as far removed in time from the turtles as the turtles were from the NYSE being closed on Wednesdays to process paperwork.
  8. darthtraderbeta

    Price Action With Python?

    If you have predictive features and the neural network is doing a supervised learning classification task then it just a classification task. To say the neural network is figuring out price action is disingenuous and a highly distorted view to someone who doesn't have any experience in ML.
  9. darthtraderbeta

    After how many losses do you decide you are not following your system?

    To me a first principle of the market is that market regimes will change so you first have to be testing for regime change/structural breaks. To me any run of 3+ loss needs to be scrutinized that we don't have faulty assumptions in the strategy. All these statistical concepts from ergodic...
  10. darthtraderbeta

    Why do traders fail?

    https://en.wikipedia.org/wiki/El_Farol_Bar_problem IMO it is actually a first principal of the market that most have to fail at trading in order for a small minority to gain a large profit. This is exactly what motivates trading to start with. If profit is uniformly distributed there would be...
  11. darthtraderbeta

    Tesla 2020

    Interesting enough, this is exactly what George Hotz on the AI podcast points out as the hardest part to getting to level 5 automation, all the counter factuals involved in the decision process. I would suspect for true level 5 automation we will need a network protocol that broadcast each...
  12. darthtraderbeta

    Silicon Valley’s favorite doomsayer

    How the fuck can someone digest Yuval's work and come away with the idea he his a doomsayer? That is a ridiculous characterization.
  13. darthtraderbeta

    5 Harsh Truths No Crypto Investor Wants to Hear

    I wouldn't put a huge bet on it but I could see close to the day of reckoning USDT market cap pushing ETH market cap for #2.
  14. darthtraderbeta

    5 Harsh Truths No Crypto Investor Wants to Hear

    I actually have very little interest in RL and neural networks although my avatar was made by a GAN. mondrian random forest, causal forests, ensemble methods in general for regression are what interest me.
  15. darthtraderbeta

    looking for software

    There is a huge difference between learning to be a software engineer vs learning data science. Data science is pretty easy. I personally hate code and want to write as little as I can. I am interested in results and analysis, not code. Learning to use pandas in a jupyter notebook is not...
  16. darthtraderbeta

    The future looks bleak

    It mostly just points out the stupidity of asking children this question. Not to mention that an astronaut is arguably a more ridiculous response given the number of astronauts compared to youtubers.
  17. darthtraderbeta

    What's Next?

    Have you never changed gyms before? I have been going to gyms for 40 years now and nothing adds stimulus like a new gym. I have probably been a member of about 20 gyms in my life and every gym has a few pieces of gear that are awesome. Even the variability in squat racks, dumbbells, bar types...
  18. darthtraderbeta

    Bitcoin Price Thread

    I am not a chartist but it would be nice to not see liquidation above $10k. I suspect what goes on right now is a kind of crypto syndicate that drives the market cap with one hand and then liquidates illiquid positions with the other hand into the suckers that get pulled in by the move. If...
  19. darthtraderbeta

    5 Harsh Truths No Crypto Investor Wants to Hear

    If anything we are at the peak of a hype cycle or over the current peak after deep learning. This is just how it always goes. No matter what advances we make in AI, it is never good enough short of completely changing the world in 5 years. That is obviously not a realistic view but these crazy...
  20. darthtraderbeta

    Bernie Sanders...Is this a case for buying and holding quality stocks??

    For the average person they are much better off if they break their arm in Canada. If you are talking about something life threatening like a heart attack though? Only those with a death wish would pick Canada over the US. Canada looks much better when you are young and not so worried about...
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