Has anyone every heard of this? The idea of this sort of adaptive software is interesting, and from my research Mendelsohn seems legit. The obvious question is "does it work," and the derivative question is; if it does work, then why is it selling for a measly $3000? http://www.tradertech.com/secrets-revealed/technology
People have been toying with neural networks for decades. So far, nobody has come out with a fund that uses that technology. I think the hot area right now is Bayesian Machine Learning. Somehow related.... There might even be a cheaper and more established implementation listed under ibkr vendors list.
Yea, only $3000. Because if it works, like xandman alluded to, why would they not be starting a hedge fund which uses this tech? That would make a lot more than peddling software. Or market the tech to existing hedge funds and trading firms? They would pay more. 3K is infinitesimally small in context of the financial markets.
Bah! That's nothing. You can get this sweet deal for ONLY $245 !!! :eek: http://www.jurikres.com/catalog/ms_bcel.htm
this is so fishy.. but great marketing i know a good deal about these nets, and the concept is amazingly beautiful....to sell
Run before they are out of neurons NN is a method of curve-fitting. If you like to trade a curve-fitted algo then you use NN. Simple.
TradersStudio as a neural network addin , we currently have the multicore version addin in beta. You can develop ,test and deploy trading systems using these technologies. Recently I have been doing a lot of work with SVM , support vector machines. I will be doing some articles and white papers on the topic over the next few months. This is a link to an article I did on the topic http://www.futuresmagdigital.com/futuresmag/julyaugust_2013?pg=48#pg48
lol , if you cant figure out how to make money, a Neural Net will defenetly find a way SkyNet Hedge Fund.. trust us, weve got computers!