Author Topic: Will Artificial Intelligence replace the human trader?  (Read 300 times)

PipMeHappy

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Will Artificial Intelligence replace the human trader?
« on: October 23, 2020, 12:38:55 AM »
http://bettersystemtrader.com/169-will-ai-replace-the-human-trader-bob-pardo

Andrew Swanscott talks to Bob Pardo:

"Trading veteran Bob Pardo from Pardo Capital joins us to discuss these topics plus much more, including:

How AI is missing common inputs used by human traders,
Modelling the expertise of human traders using Expert Systems,
The dangers of using computers to blindly create strategies,
Retail edges vs Institutional edges and how private traders can compete,
The lifespans of edges (are they getting shorter?),
The Dynamic Statistical Profile of strategies and taking strategies offline,
Correlations (and how correlation can be a 2-edge sword),
Objective functions and when it doesn’t matter which one you choose,
Using performance feedback and indicators on equity curves,
Adaptive trading systems, fitting your process to your objective and much more!"


A really interesting chat...take time to listen to all of it (if you can).

PipMe
« Last Edit: October 23, 2020, 12:43:06 AM by PipMeHappy »

Caesar

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Re: Will Artificial Intelligence replace the human trader?
« Reply #1 on: October 23, 2020, 08:00:41 AM »
I'll  have a listen over the weekend, I just don't have time today.
Certainly a good subject, AI in general is fascinating. I'm sure as it evolves it will get closer to how humans think, how close is anyones guess.
Hail Caesar.
No, just a bit of rain

PipMeHappy

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Re: Will Artificial Intelligence replace the human trader?
« Reply #2 on: October 24, 2020, 03:00:23 PM »
What are weekends for  ;D