This post is the first in a series that will explore the forecasting of stock prices using machine learning (ML) methods (for a quick intro to ML see my previous post).
Price prediction or, more generally, models for generating alpha are not the best use of ML in the quantitative trading process.data equity ML model paper performance post prediction system trading
Even amongst practitioners, there is no truly well accepted definition for machine learning.
Pioneer machine learning researcher Arthur Samuel defined machine learning as: “the field of study that gives computers the ability to learn without being explicitly programmed”.algorithm car data learning performance predict species speed stopping task
It’s been a *long* time since I last wrote a post and that’s mainly because I’ve been frantically writing my thesis. It’s tedious but fear not, I’ve since grown tired and (like a good little computer scientist) managed to automate the process using a tool called latexmk to dramatically improve my latex workflow.editor Fear grown latex latexmk pdf save simply tedious tex
In a CDA a seller may announce an offer or accept a bid at any time and a buyer may announce a bid or accept an offer at any time. In modern financial markets, this function is performed by a uniform trading protocol known as the limit order book (LOB), whose universal adoption was a major factor in the transformation of financial exchanges.arrive bid book limit LOB market offers trade trader type
Those of us working in academia have a tendency to try and do everything ourselves, often reinventing the wheel in the process. Their job is to generate models and ideas that systematically capture investment opportunities and to develop algorithms based on these ideas.algorithm fund generate ideas job programmers quantitative quants traders trading
At least once a week, a Google Scholar Alert pops into my inbox featuring another bored academic that though they’d try using their “expertise” to “predict the stock market”.
Some (usually 5) simple technical analysis indicators are used on unprocessed daily price data to create some features for the new super-algo.binary classification hypothesis learning machine market predict strategy testing trading
Like many people, I’m sure, when I get home after a long day’s work I often find it hard to switch off. It’s hardly surprising that after nine hours or so of programming, pondering and problem solving we find it hard to relax.calendar Fast find hard hours pondering programming relax solving surprising
So back in September, along with a few good friends, I took trip down to Mupe Bay to escape work and get a final session of spearfishing in before the season ended.
In case you don’t know, Mupe bay is about a half hour walk east from Lulworth cove (which is about 8km SW of Poole).beat beautiful gosh jollity laughs night sea sunrise swim tales