MIT algorithm rubs shoulders with human intuition

[marcoPolo21]

i believe,
guessing correctly can be a big part of successful trading for many,
long & short term [not the only way, of course]


i don't know if these stories [below] are all saying the same thing,
but here are a few...

https://www.washingtonpost.com/news...rs-with-human-intuition-in-big-data-analysis/

http://www.csmonitor.com/Science/2015/1019/Is-an-MIT-algorithm-better-than-human-intuition


marc

 

[schizo]

If the damn thing can predict with 96% accuracy (as stated in the article) of what the next price bar is on the chart, I bet the big Wall Street hedge hogs are all clamoring to grab a piece of this thing.

 

[Javier]

I think that in the end, algorithm never could replace brain's creativity.

 

[gkishot]

I think that in the end, algorithm never could replace brain's creativity.

Yep, creative people make successful traders.

 

[Q3D]

Yep, creative people make successful traders.

If anything I think there is probably a negative correlation between creativity and success in trading, although that doesn't mean all eminent or successful traders are non-creative.

Cautiousness, rigidity, routine-following and adherence to a plan seem to be the main behaviors that preserve the ephemeral lifespan of the trader.

 

[Turveyd]

My intuition puts me on the wrong side of the trade, 99.7% of the time, so really hope they haven't copied mine

 

[carrer]

My intuition puts me on the wrong side of the trade, 99.7% of the time, so really hope they haven't copied mine

Let me know when you trade, I could be the best trader.

 

[Turveyd]

Let me know when you trade, I could be the best trader.

Only when I'm using that, rest of the time 99% profit, if last trade = Loser then next trade = Loser, just follow that, rich!!