Machine Learning has incessantly changed markets

Discussion in 'Trading' started by Pips2morePips, May 26, 2019.

Do you think manual traders have much of a future?

  1. Yes!!! I am always betting on humans.

    74.2%
  2. No, the future seems limited for manual traders.

    25.8%
  1. Nooby Cayman is good, they have a wide representation of International banks there.
     
    #31     May 26, 2019
    nooby_mcnoob likes this.
  2. One of the most eye opening things I saw was once my kids started going to elite schools, that there was a high correlation of the number of families who could afford to go there and those that were set up outside the USA in one way or another. Cayman is popular, even one of my dumbass friends locally has a setup out of Cayman.
     
    #32     May 26, 2019
  3. Nooby,

    If you are thinking to setup in Cayman just make sure to seek proper legal council, a bad setup could comeback to bite you. Tax efficiency is the way you want to go, not evasion.
     
    #33     May 26, 2019
  4. I hear ya.
     
    #34     May 26, 2019
  5. Turveyd

    Turveyd

    ML is always and I mean always fake same as AI is never really AI, clever code that appears to be ML/AI nothing more sadly.

    And how much processor power do you need, even my 10year old possibly Core 2 Duo can do enough calcs in MT4 to make trades on a few index's at once.
     
    #35     May 26, 2019
  6. IAS_LLC

    IAS_LLC

    I tried that email, but apparently spaces aren't allowed in email addresses...news to me!...pm me please! I want to get a piece of the action on nueromorphic computing!
     
    #36     May 26, 2019
    nooby_mcnoob likes this.
  7. Turveyd Yes it is possible that your 10 year old computer could process few indices at once on Mt4.

    However the only thing we use MT4, for is trade execution. Our Algo's run in different environments and processes a basket of instrument per tick against each timeframe, it does this to decipher trends in real time as they develop. We are currently using 5 Gig processors and this is still not enough for our operations.

    While many think that ML/AI is all bull ask yourself this question, doesn't it seem that your Gmail, Google or Bing search engine is getting smarter and more accurate with word prediction? Why is that? I can assure you that its not because they are using 10 year old processors and think ML/AI is fake.
     
    Last edited: May 26, 2019
    #37     May 26, 2019
  8. This thread is hilarious on so many levels. Perfect example of the blind assassinating the blind. This is what makes this site such good entertainment sometimes

    :D:D:D
     
    #38     May 26, 2019
  9. GRULSTMRNN It's so funny these guys are investing vast amounts of capital in the tech.
     
    #39     May 27, 2019
  10. xavik

    xavik

    There will always be exploitable niches, whether from market inefficiencies or taking advantage of recurring activity patterns.

    ML/AI makes some type of trades unprofitable for a human, but creates new opportunities if the human can learn to take advantage of the algo behaviour. Later new algos will replace these humans at taking advantage of the previous algos and the human traders will have to evolve again. The old algos will have to change to become profitable again.

    It's a never ending cycle.
     
    #40     May 27, 2019
    beginner66 likes this.