This article I just found on Bloomberg entitled ‘World’s First AI-Run Global ETF Makes Its Own Managers Nervous’. This ETF is put out by a company called Horizons out of Toronto, Canada. And they’re being listed on the TSX Bourse.
As a result, my opinion on machine learning is quite vague right now. When I look at how I felt with Python about three years ago, I sort of questioned it, but here I am now programming with it as my primary language. So, I’m kind of on board with cryptocurrency and Bitcoin. If you’ve not been watching the rise of Bitcoin, it’s quite incredible. I really don’t think there is any other asset out there in history that has risen that much. In just two weeks it’s gone from $5,000 to $7,000, it’s pretty incredible.
But back to this artificial intelligence, and/or machine learning, and/or deep learning topic, what I find very fascinating is I do think there is enormous potential with this application in algorithm /automated trading. As it stands right now, AI is not quite there to take over the entire workflow of automated trading. I do believe that there are certain types of frameworks that you can apply in let’s say, applying maybe stop losses, or doing risk management. I firmly believe that there is application uses for that without a doubt. In fact, when I look at my quantitative techniques, I am now using my portfolio optimizer to do just that quant-based. But I’m also using fundamental and technical analysis for various reasons.
So, at the end of the day, where I do think machine learning will come into play is when it needs to be used under certain conditions. I would not give machine learning or artificial intelligence the entire enchilada of running a trading operation, but I would definitely have no problems with it running certain functions within the operation. Just my thoughts on that, let me know what you think.
Also, I just wanted to mention about my Telegram private messenger group, which will be massively pruned tonight. It will be pretty well reduced to about five high quality trading personalities I guess you could call it, where everybody’s learning. And as a result, more confidential information will be shared among us, instead of having the tire kickers and those that lurk in the group. As a result, the dead weight will be removed in coming hours.
What does that mean for you? Well, it means that I’ll be able to implement smarter trading technology and ideas into my own implementations. For instance, one that just was learned last night on how to find highly liquid trading pairs or currency pairs was learned. I might reveal those some time in a video or private video for my Quant Analytic members. But for now, I’m not gonna say anything. And moving forward, I will be not publicly talking about what is discussed in this telegram private chat group. In actual fact, it reminds me and puts me at the same level of learning from the legendary ‘London Quant’ a few years ago. So if you’ve been following me for a while, you know exactly what I mean.
Lastly, I just wanted to mention that I have my entire three-set course available with an annual membership for my Quant Elite, it’s pretty well all the same access, all for the price of a measly $800, which will take you up for one year. I’m actually thinking of some other exclusive bonuses as well down the line, but as it stands, this is the best deal I can give you. So if you’re interested, just head on over to my product page at Quantlabs.net. All right, hopefully you have a good trading day, and I will report back in the next few hours on my testing.
All right, hopefully you have a good trading day, and I will report back in the next few hours on my testing.
Talk to you later,