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Re:Algorithms take control of Wall Street by chrisaycock on Sunday January 09, 2011 @11:02PM (#2087405)
And in trading applications (as with many other domains), GAs can lead to fitting if the quant isn't careful. What looks like a great strategy in a back-test suddenly blows-up in production. I worked at one hedge fund whose safe-guard against GAs was to make traders submit their algos a month before production so they could be tested again out-of-sample.

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