Tag Archives: black box

Accountable machine learning algo black box accountable?

Make machine learning algo black box accountable?

This Bloomberg news story got me thinking about how one day a government or regulator could start punishing black box technology that go against retail traders. Do you think this should be done? I am hearing American regulators like SEC or CTFA already started by forcing owners to register their trading system. .
Let me know what you think by looking at this article.

Complete demo of powerful Dukascopy Visual Jforex for algo forex trading
Also, did I tell you about this latest sales I just announced?

Overview of Your Python Infrastructure Building Blocks

It is only half price right now.

 

Thanks Bryan

Sample store product including a sample from my Python course:
Python Algo Trading Course LIVE Workshop
Python Algo Trading Course LIVE Workshop
$30.00
View
Interative Brokers 4.5 hour Workshop Bootcamp
Interative Brokers 4.5 hour Workshop Bootcamp
$49.00
View

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NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Make machine learning algo black box accountable?

Make machine learning algo black box accountable?

 

How would they enforce it?

https://www.bloomberg.com/view/articles/2017-08-30/look-who-s-fighting-our-algorithmic-overlords

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NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Trade chatter videos on 7 figures HFT black box

Trading chat videos on 7 figures HFT black box

If you have not heard of “Chat with Traders”, you’re really missing out on learning about some of the best traders in the world. It is quite the neat concept of a young Australian learning about trading through interviews with some of the best on the planet. For those that may have missed some of the highlights that may help you in automated trading, I’ve batched a bunch for you in this next posting.

Watch all of these most helpful video interviews here

Let’s analyze 165 trading pairs for arbitrage

I’m hoping that everyone has downloaded the necessary data as we go into a discussion of the 165 trading pairs that my latest script has discovered. For those that don’t know, I will be hosting a brainstorming event tonight at 6 PM on this live. Here are the GoToMeeting login info details:

Let’s analyze 165 trading pairs for arbitrage
Mon, Dec 5, 2016 6:00 PM – 7:00 PM EST

Please join my meeting from your computer, tablet or smartphone.
https://global.gotomeeting.com/join/251665485

You can also dial in using your phone.
Canada +1 (647) 497-9372

Access Code: 251-665-485

First GoToMeeting? Try a test session:   http://help.citrix.com/getready 

(note this has been updated from the original)

Watch my video analysis and download the trading data files here

We can of course talk about what indicators you use for your pair trading/arbitrage.

New Quant Elite dashboards to learn live futures options trading

I just previewed the new Dashboard of my upcoming new Quant Analytics service which will replace the Quant ELITE membership in coming weeks. Note that I have said weeks not months now! Time is definitely running out for this membership. All my current members will be rolled into this new service.

 

Check out this video of the dashboard

 

On the weekend, my new Interactive Brokers API Q&A was messed since some glitch where all the courseware access got screwed up. Happy days are here again as it has been fixed. So here is the new updated schedule:

 

NEW Interactive Brokers API Q&A LIVE on Dec 10 at 10 AM EDT

 

Removal of Interactive Brokers API Workshop content Dec 17. As said, this will be turned into a standalone product in the range of $500+ with no bundling to any membership.

 

So if you want to get access to the last remaining days of both product, you should join now for obvious reasons!

 

Go here for this limited access before it turns into the new Analytics service

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Trading chat videos on 7 figures HFT black box

Trading chat videos on 7 figures HFT black box

Man, this is another set of genius trading series you should know about

Join my FREE newsletter to learn more about how I learn about automated trading

Here is the genius behind Chatting with Traders

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Quant HFT Black Box

Quant HFT Black Box

Another book recommended for any one new who wants to read something worthy

Inside the Black Box: A Simple Guide to Quantitative and High Frequency Trading (Wiley Finance)

http://www.amazon.com.br/Inside-Black-Box-Quantitative-Frequency-ebook/dp/B00BZ9WAVW/ref=sr_1_1?ie=UTF8&qid=1456257927&sr=8-1&keywords=Inside+the+Black+Box%3A+A+Simple+Guide+to+Quantitative+and+High+Frequency+Trading+%28Wiley+Finance%29%C2%A0[EBook+Kindle]

 

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NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Black Box: The Alchemy of Finance new book from quant researcher Paul Cottrell

Hey Friend,

As usual, many fronts are being worked on:

Here is a new book to be on the look out for:

Black Box: The Alchemy of Finance new book from Paul Cottrell – See more

Our NYC Contact has said this could be an issue with Bayesian Analysis but as always, I want to hear your feedback:

Is regime change a big problems for those who want to use Bayesian analysis for quant trading and research? – See more
This is an exciting piece of news about FIX8. There will be a Visual Studio NuGet version for easy FIX8 project builds so I am hoping we can implement a use for it. I want this to be a success instead of the legacy QuickFIX!

QuickFIX vs Fix8 after 2.5 webinar | Technical forum | Forum – See more 

Lastly, all these results will get posted in my membership for all to see. This includes all private results I am finding with the popular model forecasting types I am seeing. This also includes code generated C++ from Matlab that can be deployed into an environment like our ‘custom trading platform.’ Check it out here.

Also, this going to be the most exciting phase I have entered yet with a complete end to end quant trading solution with real working strategies. Did I say this includes the many hours of video source walkthoughs with yes, source code:

–> I WANT THE SOURCE CODE NOW <–

Further details here

Bryan

P.S. More full source code demos of how to save time with Matlab and Simulink coming sooner than you know.

 

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Black Box: The Alchemy of Finance new book from Paul Cottrell

Black Box: The Alchemy of Finance new book from Paul Cottrell

Coming soon.

My book will be released in 3 days for $9.99 on Amazon, Barnes & Noble, and iBooks,  This book is on statistical and research methods in finance.

http://the-studio-reykjavik.com/shop/black-box-the-alchemy-of-finance

Join my FREE newsletter once I get more info on this book 

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NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

NEW Paul Cottrell book BLACK BOX The Alchemy of Finance book cover revealed for March release

NEW Paul Cottrell book BLACK BOX The Alchemy of Finance book cover revealed for March release

 

photo

Join my FREE newsletter to let you know when his comes out

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

So what is the basic difference between a quant algo, model, NNs, and a black box?

So what is the basic difference between a quant algo, model, NNs, and a black box?

I found this on Linked In. It basically describe the differences between all these confusing quant terms.
then an important clarification: I don’t do algos, I do predictive analytics or models. The two are not related, except in the minds of those who understand neither.

Algos are a human creation that are written by Quants based on concepts, ideas, theories, statistical studies or observations and employ advanced math.

Models are encapsulated knowledge automatically discovered by the modeling application and automatically turned into executable code. There is no human intervention once setup is completed and a data file plugged in.

A skilled person could read the code for a Algo based trading application and explain what is happening and why.

A model automatically generated by a machine driven analytics can be used by a human but not understood by them. They are “black boxes”

A NN creates a model. The distinction being that an algo has meaning to a human, while the connections, weights and activation factors between the nodes in an NN are not understandable or useful to humans.

That’s the fundamental strength of NN: they discover what is currently unknown and unknowable to human mathematicians while algos require human understanding to create. So the capacity of algos are limited by the capacity and ability of their human creators. NNs are only limited by the data given to them in training and the architecture of the dependant variables. The later are traditionally human designed and created but in more advanced work, they too are automatically machine generated.

Also, you can make an argument that most successfully traded strategies traded are “in the public domain” as people move from one shop to another and disseminate the strategies. Very few strategies are indeed kept secret.

In these cases the creator likely concluded that they could make more money selling their book than using their invention in the market. It’s a bit like in California Gold Rush of 1849 and finding a guy at the docks in San Francisco selling a map to the location of the best unclaimed gold deposits. Human nature and greed being what they are I suspect there were some doing the map selling and others doing the buying but only the map seller made any money on the deal.

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Linked In: Another quant black box strategy now on our platform

Linked In: Another black box strategy now on our platform

As you know, I like being part of Linked In. Some of the groups I am part of are inspiring and most of all a hot bed of learning. Here is another one of those pitches I see on Linked In. This is from a group called Israel Quant Group out of New York City.
Here was the pitch:

Another black box strategy now on our platform
We’re very excited about our latest signing, a former Smith Barney quant who has devised an arbitrage strategy that utilizes exchange listed options and generates significant alpha (around 3% a month) with very strong risk controls. It has averaged approximately 30% per year and has generated positive returns in almost 84% of the months. This system is based on the identification and instantaneous trading of mispriced options among correlated assets. Contact us for more details about forming a partnership around this or other strategies.

Here is the summary of the Group:

Summary
IQ-G is a quantitative trading group which owns, develops, administers, and executes a diverse set of fully systematic algorithmic IP’s (strategies) which are currently running separately in multiple markets including FX, equities and ETFs, commodity and index futures.

IQ-G’s mission has been to build a portfolio of quantitative, systematic trading strategies based on rigorous R&D in order to provide our partners/clients with reliable and strong Risk-Focused Returns that are fully systematic strategies.

The goal is to continue making our hedge fund, bank, and prop desk clients’ business life easier and that much more profitable by becoming an extension of their quantitative trading desks.

We do so by leveraging off the largest pool of quantitative talent per capita in the world, in Israel, and do it in a way that makes it seamless for our clients with no strings attached.

This is achieved by allowing our clients to select trading strategies that best suit their requirements and benefit from our algorithmic trading strategies in three different ways:

1. Licensing the signals on an exclusive basis or on a non-exclusive basis
.
2. Bringing, the developer of the strategy trade in-house (in certain cases only).
OR

3. Creating a managed account where the manager will act as the power of attorney for the client.

If you feel it appropriate please don’t hesitate to contact us.
And even more info:
November 2008 – Present (1 year 10 months)
Israel Quant Group is a quantitative trading group which owns, develops, administers, and executes a diverse set of fully systematic algorithmic IP’s (strategies) which are currently running separately in multiple markets including FX, equities and ETFs, commodity and index futures.
Our mission has been to build a portfolio of quantitative, systematic trading strategies based on rigorous R&D in order to provide our partners/clients with reliable and strong Risk-Focused Returns that are fully systematic strategies

Let me know what you think.

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!