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内容由Andrew Swanscott, Andrew Swanscott chats with professional traders Larry Williams, and Ernest Cha提供。所有播客内容(包括剧集、图形和播客描述)均由 Andrew Swanscott, Andrew Swanscott chats with professional traders Larry Williams, and Ernest Cha 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal
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192: “Predicting profitability using machine learning” – Ernie Chan

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Manage episode 295119340 series 2391648
内容由Andrew Swanscott, Andrew Swanscott chats with professional traders Larry Williams, and Ernest Cha提供。所有播客内容(包括剧集、图形和播客描述)均由 Andrew Swanscott, Andrew Swanscott chats with professional traders Larry Williams, and Ernest Cha 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

Quant trader Ernie Chan from PredictNow.ai joins us to discuss how to predict the profitability of trades using machine learning, including:

  • Unconditional probability and the problem with win% in backtest reports,
  • Why “conditional probability” is much more useful for a trader and how to apply conditional probabilities to capital allocation,
  • Why you should use Machine Learning for risk management and capital allocation only (and not for building trading strategies),
  • Why feature selection and feature importance ranking are so valuable,
  • Plus, the best ML techniques for prediction, how simple should trading strategies be, insights from cluster-based feature selection, do these techniques really work, ML as a crystal ball 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.

  continue reading

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icon分享
 
Manage episode 295119340 series 2391648
内容由Andrew Swanscott, Andrew Swanscott chats with professional traders Larry Williams, and Ernest Cha提供。所有播客内容(包括剧集、图形和播客描述)均由 Andrew Swanscott, Andrew Swanscott chats with professional traders Larry Williams, and Ernest Cha 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

Quant trader Ernie Chan from PredictNow.ai joins us to discuss how to predict the profitability of trades using machine learning, including:

  • Unconditional probability and the problem with win% in backtest reports,
  • Why “conditional probability” is much more useful for a trader and how to apply conditional probabilities to capital allocation,
  • Why you should use Machine Learning for risk management and capital allocation only (and not for building trading strategies),
  • Why feature selection and feature importance ranking are so valuable,
  • Plus, the best ML techniques for prediction, how simple should trading strategies be, insights from cluster-based feature selection, do these techniques really work, ML as a crystal ball 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.

  continue reading

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