History repeats itself, most jobs cannot be automated and post dated interplanetary utopia checks are still just post dated checks. Trust no future however pleasant. I think most have been around long enough to know what comes after 'the market is screaming at you'.
most horses cannot be replaced by automobiles.... at one point people must be making comments like this.... above comment shows lack of understanding of what general AI is - it thinks like human, except can do it 24/7 without errors.. this is why I am saying it's 3rd inning, and the public has little clue what is coming, and this is why there is still time to get in, before the separation becomes permanent between the haves and the have nots. 'screaming' is different to everybody... when the smart money interprets it as 'screaming', like in the past few years, and right now.... but if the dumb money can't hear it yet, is it still screaming? furthermore, does this also apply to the wife's scream?
Intelligence - the ability to acquire and apply knowledge and skills. AI Artificial Intelligence - the theory and development of computer systems able to perform tasks that normally require human intelligence, such as visual perception, speech recognition, decision-making, and translation between languages. (wiki) Machine learning - a field of computer science that often uses statistical techniques to give computers the ability to "learn" (i.e., progressively improve performance on a specific task) with data, without being explicitly programmed (wiki) In the end ML is not general intelligence, and even other forms of AI are lacking in this. All potentially being subject to selective biases. And if finally they truly pass the Turing test... then they’ll be just as defective as humans. PS. Here is an article that sums up the haves and have nots consciousness, it is not to be aspired for. https://medium.com/search?q=survival of the richest
No, the poster above talking about "the screaming" is correct. The context is right for taking trades at 50/50 chances with 1.5-2x reward to risk ratios long-term. THAT'S WHY YOU TAKE ***ADD-ON TRADES*** IN STRONG TRENDS. They're individual positions which are ALL taken within the same context (repeating itself for each entry setup). You will either be wrong early in the trading sequence, keeping your cumulative losses low or you will be right a consecutive number of times with each REAL-TIME reward to risk ratio at wonderful levels, losing on the last trade sequence at most (given you know your sheet). Congrats to all of you successful traders who have 65-70% winning pcts with your 1:1 long term RR. I said "no thanks" to that over a decade ago That's where, predominantly, all this secret this and secret that talk comes from. You can rid youself of that world by demanding to trade only the most volatile intraday instruments you can find. When you reduce your chances to 50/50, it's another way of saying, you only have to pick the correct context (i.e. yes, I'm in a trade where my stats are known good) 50% of the time. The favorable reward to risk ratios will be on your side once you've got that part figured out. Degrees of freedom, people. The more information you need to make a decision, the more restrictive you've made the price traversal. And yes, I contend that automating trading which requires higher winning pcts for an edge IS the way to go (for that stat req)...if you're not into nervous breakdowns by long-term, manual application.
as flawed as human maybe, as compared to the perfection of god, if there is one... the point is a less flawed machine can certainly replace humans in most jobs, which was the original point of argument. alphaZero conquered the most complex game in Go, and found the truth of chess in less than 4 hours of self learning, from scratch... numerous examples in medical, transportation, pharma etc areas already.... 3rd inning.. much more to come. we can shoot breeze and argue for fun.... the smart money is already taking action... amzn is going up everyday... the data it has... the future will be order-less supply chain... it knows how you work and live and it sends stuff to your door without you even have to figure out what to buy... traditional retail has no chance. going further off the topic now... but is also on topic as this is a trading forum after all... the goal is profit... and I really think people need to work smart, need to open eyes and see what is going on.... the FAAMG machines are doing all the smart calculations as we speak to perfection... back testing, that sort of stuff, lots of hard work, sweat and blood, starting from 'hello world', then what, a few indicators, a few patterns, profit factor, sharpe, blah blah, been done by millions of people already... in this environment, pointless.
no... the problem is the barriers on the China side. yes there is demand for the drugs, hence the wall will reduce the traffic.
as flawed as human maybe, as compared to the perfection of god, if there is one... the point is a less flawed machine can certainly replace humans in most jobs, which was the original point of argument. OK I'll bite, lets shoot the breeze and argue for fun... Wouldn't the above point be refuted by the mere fact that technology is at its current zenith but unemployment is at its all time lows? The USA might want to let the world know that there are now no more jobs in the USA and as we head into inning 4 (whenever that is) there will be even less jobs in the future. Have you built a house, or hired a plumber, or electrician, or been to a mechanic for your self driving car lately? Don't think that workers cant stick it to the man/haves if they want to. alphaZero conquered the most complex game in Go, and found the truth of chess in less than 4 hours of self learning, from scratch... numerous examples in medical, transportation, pharma etc areas already.... 3rd inning.. much more to come. Awesome, can alphaZero unclog my toilet or plant a fruit tree in my garden for me or will that come in 9th inning. I can state absolutely that simple automation, AI, ML, big brother data mining and grandiose post dated checks are not going to solve the hard problems of human existence - birth, death, old age and disease, even with extra innings. I think we all would like life to have fixed rules like GO or Chess, it would make things so much easier. we can shoot breeze and argue for fun.... the smart money is already taking action... amzn is going up everyday... the data it has... the future will be order-less supply chain... it knows how you work and live and it sends stuff to your door without you even have to figure out what to buy... traditional retail has no chance. The smart money was involved with AMZN at the VC and IPO levels not at this price. Instead of giving a Gold Star to AMZN for doing what Henry Ford did hundreds of years ago I prefer to just buy something at the local farmer's market vs support invidious consumption, but that's just me. going further off the topic now... but is also on topic as this is a trading forum after all... the goal is profit... and I really think people need to work smart, need to open eyes and see what is going on.... the FAAMG machines are doing all the smart calculations as we speak to perfection... The above suggestion is for people to do fundamental analysis, which is also back-testable by the way, about companies that are doing back testing. I am not sure the OP is really concerned FA in regards to the systems he wants to get back tested. I could be wrong. back testing, that sort of stuff, lots of hard work, sweat and blood, starting from 'hello world', then what, a few indicators, a few patterns, profit factor, sharpe, blah blah, been done by millions of people already... in this environment, pointless. You do know that the statement above again kind of refutes everything you are saying about why FAANG related AI is so awesome. Because basically they are just back testing larger data sets. HEY EVERYBODY DON'T BACK TEST THE MARKET BECUASE THE AWESOME STOCKS IN THE MARKET THAT ARE DRIVING IT UP ARE ALREADY BACKTESTING OUR PERSONAL INFORMATION. SCREEEEEEEEEEEEEEEEEAM!!!!!!!!!!!!!!!!!! Just killing time and amusing myself here Dozu888. I know you've been around a long time and I know you are consistent in what matters, as you mentioned - profits. Peace
I see and get your point, I'm also an all hands on deck type of guy, But for me i would prefer to hire someone to walk me through the process. Costly maybe? But, I certainly wouldn't give everything I've learned over the years to some loser who would than sell it off for free, that's not happening. But time is of the essence and profits are there to be made. The longer i have to work at developing and learning code from cold, the more I will lose. My thinking there should be some ready made programs out there that can be re-tweaked or modified?