Does Nueral Networks Software Work?

[jb1220jb]

Computers has some advantages over humens in trading like:
They have no emotions
never get bored, Dedicated as hell.
0 time reaction.

Neural network is just a technology. It might be usefull if used right.
it is very good in patren recognition, humans are better, but it can deal with much more data.

[Pathfinder]

Human can operate not more than 7 variables at one time. Neural network can do that with many more variables and comes to conclusion. It is a powerful tool for analysis of complex tasks. More information can be found at http://avis-c.gluk.org

[jlpi]

It remembers me the discussion there was 20 years ago about chess. People said that it would be impossible for a computer to beat the world champion. They were playing so badly at that time. Now that the world champion has been beaten by a computer people have change their mind.

If you read the book "The New Market Wizards" you will see that many top traders uses mechanical systems either 100% of the time or 95% of the time leaving some discretion in exceptional situations.

[cicero]

Just go to Championship 2007.
"Better" is using NN.
He is in first place with over $100,000 in profit for only 2 months.
cicero