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seems u recommend fl as a tool to improve trading?
vk
>>>-----Ursprungliche Nachricht-----
>>>Von: Allan Kaminsky [mailto:allan@xxxxxxxx]
>>>Gesendet: Freitag, 18. August 2000 18:16
>>>An: Bob Fulks; Mark Jurik
>>>Cc: 'Omega List'
>>>Betreff: RE: Neural Networks for trading
>>>
>>>
>>>Bob:
>>>
>>>I'm responding to the list with this, having seen your posting about
>>>intending it to be a private conversation. My feeling is this
>>>thread might
>>>be beneficial for the list membership.
>>>
>>>I second Mark's comments about Fuzzy Logic. Interestingly,
>>>although it was
>>>developed in this country in the '60's (Lotfi Zadeh at UC
>>>Berkeley), it has
>>>only started to be popular here in the recent past. However, the
>>>Japanese
>>>have exploited the concepts quite successfully: Auto-focus
>>>cameras, smart
>>>washing machines and other household appliances, the automatic Sendai
>>>subway system.
>>>
>>>I know of no commercially available packages that use these
>>>concepts other
>>>than Pierre's, and I've never been able to get past his too-busy
>>>web page
>>>and Franglais to proceed (unquestionably, one of my countless personal
>>>failings).
>>>
>>>However, I do use FL in my own proprietary trading system. The system is
>>>written in C++ and there is freeware C++ source code available (although
>>>I've written my own routines for FL).
>>>
>>>The advantages of FL for decision making are robustness,
>>>ease-of-implementation of complex systems, remarkable insensitivity to
>>>noise and imprecision. Also, the ability to produce non-linear decision
>>>surfaces without extraordinary mathematics is very nice. I also
>>>calculate
>>>Fuzzy Trends, which I've only seen a couple of recent papers on.
>>>
>>>Anyone interested in learning more about FL in general gets the
>>>following
>>>recommendation:
>>>
>>>"The Fuzzy Future. From Society and Science to Heaven in a Chip," Bart
>>>Kosko, Random House, 1999. ISBN 0-609-60446-5. Kosko is one of
>>>the gurus of
>>>FL (he's a EE prof at USC), but this book is intended for a popular
>>>audience. Available at the usual places, such as:
>>>
>>>http://www.amazon.com/
>>>
>>>and
>>>
>>>http://www.booksamillion.com/
>>>
>>>BTW, Booksmillion is a discount bookseller that I use frequently
>>>and recommend.
>>>
>>>Allan
>>>
>>>At 10:36 AM 8/18/2000, Bob Fulks wrote:
>>>>At 12:08 AM -0600 8/13/00, Mark Jurik wrote:
>>>> > >>
>>>> >however i wholeheartedly endorse fuzzy logic concepts. too
>>>bad there are no
>>>> >clean FL trading products out there. FL is an extremely valuable tool.
>>>> ><<
>>>> >
>>>> >Have you played with SAFIR-X by Jewelsoft?
http://www.sirtrade.com )
>
>Hi Mark:
>
>I see you have moved to Colorado. Maybe you were tired of the California
>congestion... For five years I "commuted" to San Jose (from Boston) every
>two weeks and got pretty tire of the congestion.
>
>Your comment above about Pierre's product has just about tempted me to
>spend some time playing with his demo version. It has been on my list of
>things to look at for some time.
>
>I wondered if you have looked at it and if you have found it useful in
>developing trading systems. On course Pierre thinks it is wonderful but I
>thought I would try to get a less biased opinion before investing time in
it.
>
>Thanks for any input you can give me. It will remain confidential.
>
>Bob
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