Would this New deep learning Nvidia CUDA neural network be really useful for trading and quant research?
After talking with friends from London, we kind of came to the conlusion that machine learning can be applied to certain types of applications like visual recognition but not specific in trading. Machine learning/neural network would be useful for this: http://www.jdl.ac.cn/doc/2011/201312270171091269_neurocomputing.pdf
It seems forecasting really works off of purely stats and probability from my POV.
Well at the end of day, play with this Nvidia CUDA library if you want. I know Dr Ernie Chan has no faith in this stuff. Sorry to burst any bubbles out there.