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Re:How I made $500k with machine learning and high frequency... by motters on Tuesday November 06, 2012 @11:19AM (#4749042)
Correct. The far more common story is "how I lost $Xk on the stock market". Probably most people with programming/AI skills have tried their luck with the stock picking problem at one time or another. I have a few times, but only in simulation. Even using very elaborate machine learning methods and a lot of training data, making money from automated trades is a difficult problem, and my impression is that it's very much like betting on horses or football games.
Re:How I made $500k with machine learning and high frequency... by agilebyte on Tuesday November 06, 2012 @11:52AM (#4749240)
How is it like horses and football games? Don't the latter have a lot more people playing with their emotion rather than utilizing an algorithm? Something that you can take advantage of?