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Ira,
Today "neural nets" are the lowest form of adaptive
trading.
What we learned from them and how unadaptive and
unanticipatory they were
has been the basis of a whole new generation of
adaptive methods.
I fully agree that neural nets are very limited in
their application to trading.
Clyde
- - - - - - - - - - - - - - - - - - - - - - - - - - - -Clyde
Lee
Chairman/CEO (Home of
SwingMachine)SYTECH
Corporation email: <A
href="mailto:clydelee@xxxxxxxxxxxx";>clydelee@xxxxxxxxxxxx 7910
Westglen, Suite 105
Office: (713) 783-9540Houston, TX
77063
Fax: (713) 783-1092Details
at:
www.theswingmachine.com- - - -
- - - - - - - - - - - - - - - - - - - - - - - -
<BLOCKQUOTE dir=ltr
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Ira Tunik
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Monday, February 25, 2002 4:25
PM
Subject: Re: [RT] Vegas Anyone?
I don't think that there is any neural net that can out perform
a real trader. Of course the quality of the trader has to be good.
Clyde Lee wrote:
Ira, <FONT
face=Arial>I hate to bust your bubble but in today's
environment of computer logic it is<FONT
size=-1>a fact that computers are programming themselves based on
observedphenomena. And if
we admit that all human emotion is wrapped up in the<FONT
face=Arial>price changes we see then the computers that
program themselves will<FONT
size=-1>EVENTUALLY overwhelm us in their trading. <FONT
face=Arial>Clyde - - - - - - - - - - - - -
- - - - - - - - - - - - - - - Clyde Lee
Chairman/CEO (Home of
SwingMachine) SYTECH
Corporation email: <A
href="mailto:clydelee@xxxxxxxxxxxx";>clydelee@xxxxxxxxxxxx 7910
Westglen, Suite 105
Office: (713) 783-9540 Houston, TX
77063
Fax: (713) 783-1092 Details
at:
www.theswingmachine.com - -
- - - - - - - - - - - - - - - - - - - - - - - - - -
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Ira Tunik
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Monday, February 25, 2002 11:45
AM
Subject: Re: [RT] Vegas
Anyone? Who was it that programed the computer?
Certainly not another computer. So the computer has a
greater degree of error probability when the answer to a
problem is partially visual and partially mechanical as
trading is. Also, who is it that sets the parameters
for the computer to act? Another computer? I
don't think so. Ira.
TheQuant wrote:
> Hello Ira, > > IT> What
about the skilled gambler or trader? > >
Honestly, I do not belive that
their are any skilled traders or > gamblers who
could possibly keep up with a computer. Remember when Big
> Blue beat that guy at chess? How many more games
in a row around the > clock could that guy play as
compared to the computer. Furthermore how > many more
times would the computer win and with what consistency rate?
> Consistency is the name of the game and man is not.
> > -- > Best regards,
>
TheQuant
mailto:thequant@xxxxxxxxx
> > > To unsubscribe from this
group, send an email to: >
realtraders-unsubscribe@xxxxxxxxxxxxxxx >
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