使用Player FM应用程序离线!
169: Will AI replace the human trader – Bob Pardo
Manage episode 274948442 series 2391648
Are our roles as traders coming to an end soon?
Is AI and ML (that’s Machine Learning, not Money Laundering or Meat Loaf…) going to take over the trading world?
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,
- Modeling 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!
Disclaimer: Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.
234集单集
Manage episode 274948442 series 2391648
Are our roles as traders coming to an end soon?
Is AI and ML (that’s Machine Learning, not Money Laundering or Meat Loaf…) going to take over the trading world?
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,
- Modeling 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!
Disclaimer: Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.
234集单集
所有剧集
×欢迎使用Player FM
Player FM正在网上搜索高质量的播客,以便您现在享受。它是最好的播客应用程序,适用于安卓、iPhone和网络。注册以跨设备同步订阅。