How A.I. Traders Will Dominate Hedge Fund Industry | Marshall Chang | TEDxBeaconStreetSalon

We've seen fully automated bot beats us in Go, one-on-one Poker and Dota II, now what's going to happen for trading financial markets? Listen to A.I. Capital Management sharing their research, a Deep Learning trading agent that over-performs us in trading FX markets. Marshall has been trading FX markets for 5 years. As a Master in Finance graduate from Brandeis International Business school, he combines his insight in financial markets with a passion for machine learning and expertise in programming, striving to build the first game-changing A.I. trading system to disrupt the markets.
He has a strong passion for quantitative trading and machine learning and started AI Capital Management in September 2016. His inspiration came from Google DeepMind’s AlphaGo project, which is a Deep Learning agent that beats human Go world champions. Go, as a game with complexity at a number more than the atom in the universe, is arguably as hard as or even harder than trading financial markets, which they believe is the next game to be solved with Artificial Intelligence. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at www.ted.com/tedx

Пікірлер: 335

  • @mayacho4910
    @mayacho4910 Жыл бұрын

    Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family. So in my experience and opinion, trading physically is better than A.I's.

  • @theresagarcia1218

    @theresagarcia1218

    Жыл бұрын

    Okay, you see I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks.

  • @mayacho4910

    @mayacho4910

    Жыл бұрын

    @@theresagarcia1218 Quitting may not be the best approach if you ask me. This is where an FA comes into the picture. I barely have time to trade myself as my job swallows up most of my time. 'MARGARET ANN WARNKEN", a licensed fiduciary whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help.

  • @theresagarcia1218

    @theresagarcia1218

    Жыл бұрын

    @@mayacho4910 Oh please I’d love that. Thanks!

  • @mayacho4910

    @mayacho4910

    Жыл бұрын

    @@theresagarcia1218'MARGARET ANN WARNKEN"

  • @mayacho4910

    @mayacho4910

    Жыл бұрын

    @@theresagarcia1218 Lookup with her name on the webpage.

  • @jackdavis4838
    @jackdavis48385 жыл бұрын

    The problem is here the A.I. is competing against the human traders and their algorithms that trades on risks and expectations. It is as same as putting pro trader against amateur. I want to know what will happen when the A.I. start competing against each other. Will the market stay in equilibrium all the time considering they are equally aware of the same information?

  • @netrunner2922

    @netrunner2922

    5 жыл бұрын

    I don't understand your definition of equilibrium. Isn't trading market a zero-sum game already?

  • @donbasti

    @donbasti

    5 жыл бұрын

    there will always be people with more information... :D

  • @TheNgentertainment

    @TheNgentertainment

    5 жыл бұрын

    Kind of answered your own question. Aslong as there is human evolvement they wont be equilibrium in the markets.

  • @dreamEternal

    @dreamEternal

    5 жыл бұрын

    ​@@TheNgentertainment Depends on the amount allocated to the Ai vs that overseen by direct human involvement/decision making

  • @Anil-gt2kn

    @Anil-gt2kn

    5 жыл бұрын

    @@netrunner2922 What Jack is saying ..wont supply vs demand will be same and as a result...no price fluctuation will happen. To answer Jack question...No two AI will be same as each are fed with different set of rules. Of course ...if two company uses same AI...both will have same results against other 98. Think this way....One AI will see half glass full, where as other AI might see half glass empty. Some AI will see 1 year of chart and say this is good time to turn trending algo where as on 30 mins chart...other AI will say ...this is good for range trading. Hope that helps. Variables you are feeding determines what AI output will be.

  • @SquatSimp
    @SquatSimp4 жыл бұрын

    Love the takeaway message! When AI is developed we should shift our focus to defining the problems instead of trying to compete to solve the problem.

  • @Ahmaduiam
    @Ahmaduiam Жыл бұрын

    Who’s watching this in 2023?

  • @tahadji5955

    @tahadji5955

    2 ай бұрын

    2024 xD

  • @timemoney2775
    @timemoney27755 жыл бұрын

    In trading same as in life, only the result will speak for itself.

  • @spyroskalos
    @spyroskalos5 жыл бұрын

    Renaissance has been doing it 3 decades now

  • @jackertapermater

    @jackertapermater

    4 жыл бұрын

    Crazy Huh, And they keep saying History class is useless Hahahahha

  • @polymatheace

    @polymatheace

    4 жыл бұрын

    @@JonesDTaylor So has DE Shaw.

  • @Finance527

    @Finance527

    2 жыл бұрын

    Thats why buffet is richest and not Simons lol

  • @mohaktrivedi9591
    @mohaktrivedi95915 жыл бұрын

    That final quote!💯

  • @SquatSimp
    @SquatSimp4 жыл бұрын

    Interesting. Good talk, I'm surprised more people weren't in the crowd

  • @TickeronInc
    @TickeronInc3 жыл бұрын

    This is why Tickeron started our mission to make A.I. accessible to every day traders. We simply realized that with the exponential advancement of A.I. it would inevitably beat us in trading short term in the same way that it beats us in Chess.

  • @Roberto-kv1ls
    @Roberto-kv1ls5 жыл бұрын

    Muito bom. Vale a pena assistir!

  • @jamesjordan4306
    @jamesjordan43062 жыл бұрын

    great presentation, youre a fine speaker. thanks.

  • @MikeLocke
    @MikeLocke Жыл бұрын

    So this is the Algo's that people talk about... fascinating stuff.

  • @SirSelfunk
    @SirSelfunk4 жыл бұрын

    I've done the math enough to know, he is the Terminator.

  • @zachm5136

    @zachm5136

    3 жыл бұрын

    Quote from Schism by Tool?

  • @lasredchris
    @lasredchris4 жыл бұрын

    Maximize objective Deep learn Economics. Politics

  • @MakeWealthRealWithBrianKBailey
    @MakeWealthRealWithBrianKBailey5 жыл бұрын

    This makes perfect dollars and cents!

  • @mcoyid
    @mcoyid5 жыл бұрын

    SKYNET is already watching this Video & Reading all your Comments. Its Learning you all!!!

  • @mysteriousboi1019
    @mysteriousboi10194 жыл бұрын

    This is amazing

  • @Pmz604
    @Pmz6045 жыл бұрын

    A. I. is still under shareholders ownership...Own those companys / A.I and you leverage A.I. work to for you.

  • @Sam-zu6wy
    @Sam-zu6wy5 жыл бұрын

    can I do a TED TALK ? yo i wanna do a ted talk about benefits of memes

  • @kishansinhsarvaiya1156

    @kishansinhsarvaiya1156

    3 жыл бұрын

    Lull

  • @me-myself-i787
    @me-myself-i7873 күн бұрын

    The problem with AI trading is that it requires data, and exchanges such as the Nasdaq and the New York Stock Exchange charge a ton of money for data. If companies were allowed to list on Ethereum, this wouldn't be an issue, but the government made it illegal to operate on any exchange other than SEC-approved exchanges.

  • @SeanBlaque
    @SeanBlaque5 жыл бұрын

    Great Ted X Chat

  • @MikeLoveThyself
    @MikeLoveThyself5 жыл бұрын

    The secret is not the trading, it is the marketing of the software that will make you real $

  • @axecapital1

    @axecapital1

    5 жыл бұрын

    true , selling the software and signals is big shady business. unfortunately , bad name for industry.

  • @JstJaybeingJay

    @JstJaybeingJay

    2 жыл бұрын

    @@axecapital1 what kind of software are we talking about

  • @JstJaybeingJay

    @JstJaybeingJay

    2 жыл бұрын

    What do you mean by software, or do you mean algorithm...

  • @axecapital1

    @axecapital1

    2 жыл бұрын

    @@JstJaybeingJay i mean 100% of any signals , software that trade , Algo , nothing works I am 100% sure . There is no room for discussion . Some idea works for a while than fail , it’s quite easy to understand why . But I am not here to explain basics of it . Only thing that works , is to be market maker (get paid from exchange ) , or sell dreams (FX courses , signals ) , or collect fees (be a broker )

  • @Nishkarsh24

    @Nishkarsh24

    2 жыл бұрын

    @@axecapital1 AI trading is not what you are thinking man. They don't work on any kind of technical indicators or signals.

  • @JoreyBernstein
    @JoreyBernstein2 жыл бұрын

    Excellent

  • @sapitron
    @sapitron3 жыл бұрын

    I think that AI trading and human traders can coexist peacefully without hurting each other feelings.

  • @Julius-dl2ze

    @Julius-dl2ze

    2 жыл бұрын

    In 20 years, software engineers will replace most human stock traders, and as the tech gets cheaper, more people with less experience will be able to make a living on the stock market.

  • @dantheman991million

    @dantheman991million

    2 жыл бұрын

    Can this not cause the whole thing to collapes

  • @adolphgracius9996
    @adolphgracius99963 жыл бұрын

    Simple, make them train on demo and then give them some small balances

  • @KP-dd2ci
    @KP-dd2ci5 жыл бұрын

    Wouldn't be hard to make a robot out of this guy. Everything from facial feature to physique..would be an easy copy.

  • @lasredchris
    @lasredchris4 жыл бұрын

    Where to buy. Where to sell 100-> 374. Almost 1000 Marshall Chang Coexisting Define the problem

  • @JohnSmith-pl4sf
    @JohnSmith-pl4sf3 жыл бұрын

    It makes sense,

  • @caesar03
    @caesar033 жыл бұрын

    I believe there will be some good ai funds, some good human funds, a lot of bad ai funds and a lot of bad human funds.

  • @nimya962
    @nimya9625 жыл бұрын

    Hahaha, I hope they be on the market as soon as possible it's gone be so funny :P Let bot control are economic system such a great idea!!!

  • @kennethsinger561

    @kennethsinger561

    5 жыл бұрын

    What?

  • @jeffreyrodriguez1913

    @jeffreyrodriguez1913

    4 жыл бұрын

    Alpha Bond i agree, i trust a robot more than a human, a robot can keep its promise.

  • @tjdunham9016

    @tjdunham9016

    3 жыл бұрын

    @@jeffreyrodriguez1913 lmao humans control robots

  • @yewpohoh
    @yewpohoh5 жыл бұрын

    most people forgot this " Quantum mechanics In physics, the observer effect is the theory that simply observing a situation or phenomenon inevitably changes that phenomenon. ex ante vs ex post

  • @kennethsinger561

    @kennethsinger561

    5 жыл бұрын

    Elaborate?

  • @dean8147

    @dean8147

    5 жыл бұрын

    do elaborate, put some perspective on this thought.

  • @SgtRevan

    @SgtRevan

    5 жыл бұрын

    He's bullshitting. You can't take the observer effect (which is a purely physical process at the sub-/atomic level) and apply that to macroscopic things.

  • @AJ-kv1po

    @AJ-kv1po

    5 жыл бұрын

    @@SgtRevan you can if your entering the market has an effect on the outcome, especially in more illiquid markets.

  • @SgtRevan

    @SgtRevan

    5 жыл бұрын

    @@AJ-kv1po Very true. But I wouldn't be going around calling that quantum mechanics :D

  • @capochconsultinggrowth
    @capochconsultinggrowth5 жыл бұрын

    of course we will dominate.

  • @Sorel366
    @Sorel3665 жыл бұрын

    The Terminator does not rule over people. Skynet does.

  • @shejadajmeri4891
    @shejadajmeri48913 жыл бұрын

    What is your thoughts on numeraire crypto currency

  • @mustaqh
    @mustaqh5 жыл бұрын

    @Marshall Chang What AI packages are available for public?

  • @noekahn2073

    @noekahn2073

    5 жыл бұрын

    the google deep mind is to be messed around with

  • @luckyinvestor1036
    @luckyinvestor10364 жыл бұрын

    There are few men who are expert in trading i count Mr Francis as one because of his unique trading strategy

  • @Miki736
    @Miki7365 жыл бұрын

    great talk ;)

  • @thabangmoatshe2732
    @thabangmoatshe27323 жыл бұрын

    Where can I find Marshall Chang

  • @badanimations3187
    @badanimations31872 ай бұрын

    My best video in you tube

  • @s.l.8221
    @s.l.82215 жыл бұрын

    will be difficult to get a profitable AI for stocks trading, since it can't learn from papertrading, because its missing out the HFTs which donly start to react when you enter. But forex seems doable

  • @JstJaybeingJay

    @JstJaybeingJay

    2 жыл бұрын

    What do you mean by HFTS, how can it work in forex...

  • @007srikanth
    @007srikanth5 жыл бұрын

    Tedx if you add English subtitles it is more helpful

  • @M.G.R...
    @M.G.R...4 жыл бұрын

    *5:50**, **6:06*

  • @liyuling1984
    @liyuling19844 жыл бұрын

    Most of time the profits in forex trading would been eaten up by spreads/fees

  • @njabulomasina4180
    @njabulomasina41804 жыл бұрын

    What about companies like Renaissance Capital, 2Sigma and DE Shaw? Certainly these companies employ some variant of AI that they use in their trading/Money Management. The truth is that if you found an AI strategy that worked for you in the Financial Markets, you would not come out and announce it. Rather this is you comparative advantage and therefore you'd like to keep it a secret

  • @RaviGupta-iz6uc

    @RaviGupta-iz6uc

    3 жыл бұрын

    Excellent response. I do agree to you. I think it all depends on variability of information we feed into it. Same like a Filter option in Excel sheet choose or filter whatever you feel like. Can someone connect me to Marshall Chang I have designed my own statistical models that predict/ forecast really well but for few external factors that we can add on a projection or forecast trend such as (apart from mere basic projections from SMA Simple Moving Average, 3months moving average, time series forecasting, regression testing, etc) but even my projections which I designed statistical model do not have all factors such as some might project based on number of days in a months vs some other person might compare this April to previous years April and make forecast projections. So could you please guide me as to how we could reduce forecasted error. To answer to few who think that no 2 persons analysis would be same vs some saying what if 2 people have same factors considered in the projections. I have something to add to both of these analysis. Third type is reaching upto that level before we decide the third option. Let us first reach to that when 2 people projections and analysis will bring us to exact same solution or answer. For any type of smart peoples synergies in this industry let us all unite and collaborate and atleast take our advantage before the world knows about it in next 10 years. Let us first make millions or billions $ with using this techniques to trade.

  • @syep7915
    @syep79155 жыл бұрын

    Just another example of a smart man not understanding markets. There have been people making algorithms or holy grails since the start of time, this man will end up like they all did - broke.

  • @Nishkarsh24

    @Nishkarsh24

    2 жыл бұрын

    Ever heard of Renaissance Technologies??

  • @matheusdal8110
    @matheusdal81105 жыл бұрын

    The problem is that the hedge fund industry is already a failure without the assistance of robots. Mediocre annual returns, risks and draw down out of control during tightening of monetary policies.

  • @kennethsinger561

    @kennethsinger561

    5 жыл бұрын

    It's not really an industry...

  • @ManPursueExcellence

    @ManPursueExcellence

    4 жыл бұрын

    Matheus Dal And what is this “mediocre annual return?”

  • @RaviGupta-iz6uc

    @RaviGupta-iz6uc

    3 жыл бұрын

    Excellent response. I do agree to you. I think it all depends on variability of information we feed into it. Same like a Filter option in Excel sheet choose or filter whatever you feel like. Can someone connect me to Marshall Chang I have designed my own statistical models that predict/ forecast really well but for few external factors that we can add on a projection or forecast trend such as (apart from mere basic projections from SMA Simple Moving Average, 3months moving average, time series forecasting, regression testing, etc) but even my projections which I designed statistical model do not have all factors such as some might project based on number of days in a months vs some other person might compare this April to previous years April and make forecast projections. So could you please guide me as to how we could reduce forecasted error. To answer to few who think that no 2 persons analysis would be same vs some saying what if 2 people have same factors considered in the projections. I have something to add to both of these analysis. Third type is reaching upto that level before we decide the third option. Let us first reach to that when 2 people projections and analysis will bring us to exact same solution or answer. For any type of smart peoples synergies in this industry let us all unite and collaborate and atleast take our advantage before the world knows about it in next 10 years. Let us first make millions or billions $ with using this techniques to trade.

  • @wojciechkapera9597
    @wojciechkapera95975 жыл бұрын

    a over 500% annual return in forex would make you a legend.

  • @jkfoltz0224
    @jkfoltz02245 жыл бұрын

    AI is dominating MY account!

  • @lifewithplugfx8769

    @lifewithplugfx8769

    5 жыл бұрын

    John Foltz you trade with an expert advisor?

  • @WealthKre8r

    @WealthKre8r

    5 жыл бұрын

    lol. you had the same idea John.

  • @jkfoltz0224

    @jkfoltz0224

    5 жыл бұрын

    @@lifewithplugfx8769 yes I do.

  • @Manuel-bo8wj
    @Manuel-bo8wj5 жыл бұрын

    nice

  • @WealthKre8r
    @WealthKre8r5 жыл бұрын

    I'm using the only AI software I know of that actually works.

  • @NutHouseProductionz

    @NutHouseProductionz

    5 жыл бұрын

    Whats that?

  • @santihenrysf

    @santihenrysf

    5 жыл бұрын

    ?

  • @kotare86

    @kotare86

    4 жыл бұрын

    Art Fisher Your brain?

  • @user-jb3ht1wq5l
    @user-jb3ht1wq5l16 күн бұрын

    Code for this model?

  • @Mlogan11
    @Mlogan115 жыл бұрын

    Until AI develops a better Sharp Ratio, humans have nothing to fear. Not many will want to invest in a program that has 50%+ draw downs.

  • @kevalan1042

    @kevalan1042

    5 жыл бұрын

    what is a "draw down"?

  • @Mlogan11

    @Mlogan11

    5 жыл бұрын

    @@kevalan1042 The amount of losses you can have in your system. A 50% draw down means your system can lose as much as 50 percent of the account before it starts making profits.

  • @kevalan1042

    @kevalan1042

    5 жыл бұрын

    @@Mlogan11 I see -- thanks!

  • @netrunner2922

    @netrunner2922

    5 жыл бұрын

    Some big companies like 2Sigma already developed AI that can achieve 2.0 Sharpe ratio.

  • @kennethsinger561

    @kennethsinger561

    5 жыл бұрын

    2.0?

  • @calvinle9009
    @calvinle90094 жыл бұрын

    Isn't the algo already considered the machine

  • @drakelessner3981
    @drakelessner39815 жыл бұрын

    I’m using this A.I. Software now, hundreds of trades taken 100$ in a week, my friend grew his account 5% in a night while he slept. Ai is absolutely crushing it!!

  • @ashaygomashe7187

    @ashaygomashe7187

    5 жыл бұрын

    Omg.....your friend is the next billionaire........then i think if a retail thing is making billions then why google facebook microsft & morgan Stanley havent come up with some respectable revenue from trading....????

  • @drakelessner3981

    @drakelessner3981

    5 жыл бұрын

    Ashay Gomashe Believe me they have their money being traded by the best traders in the world at hedge funds. Regular people don’t have access to these people. That’s why there’s a software for it now

  • @NurburgringTrack

    @NurburgringTrack

    5 жыл бұрын

    Elijah Masick what’s the software ?

  • @R18matt
    @R18matt3 жыл бұрын

    Systems work too well in the favour of a few more than the many now in the communications age we live in. People will find new ideas to shake the systems that be and work them to our favour. Never under-estimate the power of people... we can change the systems that shape the world and bend and forge new ideas to our favour. A.I in the markets WILL force a financial system shake up, and with more and more speculators entering the market in droves, a new era of trade may be apon us. (just my opinion)

  • @niyajm.prodhan7525

    @niyajm.prodhan7525

    Жыл бұрын

    Agree with you.

  • @lasredchris
    @lasredchris4 жыл бұрын

    Ai capital management 3.5 trillion managed by hedge funds Powerful learning ai

  • @optionsociety
    @optionsociety3 жыл бұрын

    Wow

  • @f3nomeleven434
    @f3nomeleven4345 жыл бұрын

    Hamilton and Benjamin??

  • @MikeLoveThyself

    @MikeLoveThyself

    5 жыл бұрын

    F3nom Eleven yup

  • @samario_torres

    @samario_torres

    5 жыл бұрын

    @@MikeLoveThyself yeah..lmk if you want more info

  • @ADITEAYA

    @ADITEAYA

    5 жыл бұрын

    What is it?

  • @ddt1877
    @ddt1877 Жыл бұрын

    What if AI teaches itself hacking, lying, data manipulation & news control? The market will be irrelevant at this point.

  • @zoltanl8056
    @zoltanl80565 жыл бұрын

    in the end, if your vision is coming to be reality, human vs AI will evolve to AI vs AI, then one super AI vs nothing, bcos it will beat all others....and then the markets/funds stop to exits...for a trade someone need to be taking the other side, and there wont be anyone or anything left to rationally do that. in effect the super AI will kell the market, and thus self destruct itself, with no market its use is over.

  • @kennethsinger561

    @kennethsinger561

    5 жыл бұрын

    That would take over a hundred years, no?

  • @ThomasFoolery8

    @ThomasFoolery8

    5 жыл бұрын

    You don’t really get trading. There are different players in the market for different reasons. They aren’t all directly competing with each other in the same competitive space. There’s HFT, stat arb, swing traders, technicians, fundamentals traders, etc. They’re all scraping crumbs off bigger institutional players and money managers and mom and pops who are making longer term investments.

  • @kennethsinger561

    @kennethsinger561

    5 жыл бұрын

    @@ThomasFoolery8 Yeah...

  • @abrahamarbores3135

    @abrahamarbores3135

    4 жыл бұрын

    @@ThomasFoolery8 Plus there are liquidity players who need money out of the markets to meet obligations. Insurance companies park money in the financial markets and sell some of their positions to pay out claims.

  • @norbertasmarcinkevicius4933

    @norbertasmarcinkevicius4933

    3 жыл бұрын

    @@kennethsinger561 That AI. Beat the starcraft 2 PRO players... Why it did beat them? Because Humans can only learn at a same pace, while AI can learn at 1000000x faster pace than humans can. If you say its gonna take hundred years for AI to do that, I think its gonna take much less time than that. Think about it. An AI can run algorithms 10000x per day, while human trader can do 2-3 trades per day? see the difference?

  • @user-mh6kl6bg7e
    @user-mh6kl6bg7e5 жыл бұрын

    Trading is so easy

  • @schrodingerscat3912

    @schrodingerscat3912

    4 жыл бұрын

    Don't curse your luck kid

  • @manojtripathi7221
    @manojtripathi7221 Жыл бұрын

    The thing here is the whole game changes when the capital deployed is raised to 100dollar to million then the real problem will start and ai is not a best technology when u really know how the market works in nut shell

  • @muciiiciciciciic
    @muciiiciciciciic3 жыл бұрын

    I wonder how will AI deal at the time of crisis. Will it hold untill the company is no more or will it take the loss early

  • @ducky_boss

    @ducky_boss

    2 жыл бұрын

    That's the issue for ai imo is going to have a problem find info what is wrong with the company and how big of an issue it is.

  • @kamalahmed-ub5ig

    @kamalahmed-ub5ig

    2 жыл бұрын

    It’s math! It does calculate risk-reward ratio and opt for decision

  • @Nishkarsh24

    @Nishkarsh24

    2 жыл бұрын

    What you are talking about is basically Fundamental Analysis. In this video he is talking about Technical Analysis, AI won't care if company will survive tomorrow or not, all it care about the price movement that is happening right now. Machine Learning Algorithms are considered really good at understanding non-linear patterns and daily market movement is nothing just a non-linear pattern.

  • @Nishkarsh24

    @Nishkarsh24

    2 жыл бұрын

    You won't trade a stock that is not going to be there tomorrow then why would you start your trading bot to trade that stock.

  • @WeilongYou
    @WeilongYou4 жыл бұрын

    If Al is so good, why let it trade just $100, let it trade all the money you can move!

  • @uservemewell
    @uservemewell5 жыл бұрын

    A.I. is already here and it will be as revolutionary as the Internet itself.

  • @kennethsinger561

    @kennethsinger561

    5 жыл бұрын

    Finally someone that gets it!

  • @paulnyagini
    @paulnyagini11 ай бұрын

    There is no way AI will beat the markets because the markets is pure zero sum game.

  • @RaviGupta-iz6uc
    @RaviGupta-iz6uc3 жыл бұрын

    ​Excellent response. I do agree to you. I think it all depends on variability of information we feed into it. Same like a Filter option in Excel sheet choose or filter whatever you feel like. Can someone connect me to Marshall Chang I have designed my own statistical models that predict/ forecast really well but for few external factors that we can add on a projection or forecast trend such as (apart from mere basic projections from SMA Simple Moving Average, 3months moving average, time series forecasting, regression testing, etc) but even my projections which I designed statistical model do not have all factors such as some might project based on number of days in a months vs some other person might compare this April to previous years April and make forecast projections. So could you please guide me as to how we could reduce forecasted error. To answer to few who think that no 2 persons analysis would be same vs some saying what if 2 people have same factors considered in the projections. I have something to add to both of these analysis. Third type is reaching upto that level before we decide the third option. Let us first reach to that when 2 people projections and analysis will bring us to exact same solution or answer. For any type of smart peoples synergies in this industry let us all unite and collaborate and atleast take our advantage before the world knows about it in next 10 years. Let us first make millions or billions $ with using this techniques to trade.

  • @dreamer6775

    @dreamer6775

    3 жыл бұрын

    great stuff. what's your email?

  • @rektdepartment5891
    @rektdepartment58913 жыл бұрын

    I believe in AI Numeraire

  • @MrCrunchyLolipop
    @MrCrunchyLolipop5 жыл бұрын

    06:50, because the chart pattern hasn't occurred yet, the face is basically the same every time... Just a bad comparison imo

  • @FreePalestine8096

    @FreePalestine8096

    5 жыл бұрын

    Maybe, but his point still stands- that trading is basically just pattern recognition and AI is better at doing that than the best human beings (or will be in the very near future).

  • @schrodingerscat3912

    @schrodingerscat3912

    4 жыл бұрын

    this is the difference between inference and prediction

  • @patrickstar6921
    @patrickstar69213 жыл бұрын

    People who are saying Renaissance Technology has been using AI are ridiculous, Jim Simons in his interviews has mentioned machine learning, something that’s different than AI although used interchangeably, there are differences. They looked at subtle anomalies in the market, not trends.

  • @RaviGupta-iz6uc

    @RaviGupta-iz6uc

    3 жыл бұрын

    Excellent response. I do agree to you. I think it all depends on variability of information we feed into it. Same like a Filter option in Excel sheet choose or filter whatever you feel like. Can someone connect me to Marshall Chang I have designed my own statistical models that predict/ forecast really well but for few external factors that we can add on a projection or forecast trend such as (apart from mere basic projections from SMA Simple Moving Average, 3months moving average, time series forecasting, regression testing, etc) but even my projections which I designed statistical model do not have all factors such as some might project based on number of days in a months vs some other person might compare this April to previous years April and make forecast projections. So could you please guide me as to how we could reduce forecasted error. To answer to few who think that no 2 persons analysis would be same vs some saying what if 2 people have same factors considered in the projections. I have something to add to both of these analysis. Third type is reaching upto that level before we decide the third option. Let us first reach to that when 2 people projections and analysis will bring us to exact same solution or answer. For any type of smart peoples synergies in this industry let us all unite and collaborate and atleast take our advantage before the world knows about it in next 10 years. Let us first make millions or billions $ with using this techniques to trade.

  • @Nishkarsh24

    @Nishkarsh24

    2 жыл бұрын

    Machine Learning Algorithms are just a part of AI only.

  • @parthmadan671

    @parthmadan671

    2 жыл бұрын

    @@RaviGupta-iz6uc excellent

  • @parthmadan671

    @parthmadan671

    2 жыл бұрын

    @@RaviGupta-iz6uc can we connect? I have something similar in my mind.

  • @Moyopheus
    @Moyopheus5 жыл бұрын

    Its going to be an arms race to have the biggest and best chips and robo traders, humans making trades will lose and be evolved out of existence. But how will machines compete? whence will arbitrage come ?

  • @jholid6y
    @jholid6y5 жыл бұрын

    This guy sounds like AI

  • @RichieCampano

    @RichieCampano

    4 жыл бұрын

    JB Smoov 🤣 facts

  • @aidan8631

    @aidan8631

    4 жыл бұрын

    And So the plot thickens

  • @asianboss6355

    @asianboss6355

    4 жыл бұрын

    He has a strong accent and its mandarin

  • @trannynanny5440

    @trannynanny5440

    4 жыл бұрын

    Damn underrated comment

  • @jackpaperhands
    @jackpaperhands4 жыл бұрын

    Breathe...

  • @carloselizondo1758
    @carloselizondo17585 жыл бұрын

    “If your phone right now can understand your face and recognize who you are why couldn’t it recognize the FX market” I was unsure before but he really lost me there.

  • @garrettparnold

    @garrettparnold

    2 жыл бұрын

    He’s saying that deep neural networks (deep learning), whose original purpose was based on image recognition, can be repurposed to classify complex data patterns. I work at NVIDIA and we help companies do exactly that.

  • @RealVillaintrader
    @RealVillaintrader5 жыл бұрын

    Brokers are screwed. But thats good for the overall market.

  • @timothyplatt3300

    @timothyplatt3300

    5 жыл бұрын

    Brokers are generally salespeople.... I think you mean analyst... In reality, anaylyst, traders and portfolio managers need to just adjust...since when is technology advancement new? Its fhe same as it always has been, those who don't adapt are screwed

  • @Wakkks

    @Wakkks

    5 жыл бұрын

    @@timothyplatt3300 Go ahead and try adapting to AI doing a better job that you would ever do. By adapt you mean change career right?

  • @timothyplatt3300

    @timothyplatt3300

    5 жыл бұрын

    @@Wakkks lol... Yea you want me to get into a debate with you huh... You'd like that huh???

  • @chaseramos4865
    @chaseramos48654 жыл бұрын

    Just take the first beginner AI and flip the chart

  • @mitchellstubbs8781
    @mitchellstubbs87815 жыл бұрын

    Where can I learn to make an A.I trading system

  • @kotare86

    @kotare86

    4 жыл бұрын

    Mitchell Stubbs learn Python

  • @amenostalgique
    @amenostalgique4 жыл бұрын

    Hybrids systems are far superior to 100% A.I driven systems.

  • @aleksmartini4

    @aleksmartini4

    4 жыл бұрын

    Castorp Z. Could you pls elaborate on hybrid system? Thx

  • @MrCrunchyLolipop
    @MrCrunchyLolipop5 жыл бұрын

    There is a huge dilemma I would like to bring up when it comes to "AI taking over trading in financial markets". Lets imagine this AI works well, now imagine how many people will try and get a hold of these. Imagine a stock being traded with only AI placing buy and sell orders, what will happen? Will the AI predict what humans would have done or what AI does? Will they cause all stocks to get "perfect prices"? How will they then make a profit, when all traders are made of almost equal AI's?

  • @arjunmohbe5396

    @arjunmohbe5396

    5 жыл бұрын

    Whoever has better model !

  • @yewpohoh

    @yewpohoh

    5 жыл бұрын

    you know what the AI are looking for and game them. hunt the hunters

  • @Pavuk112

    @Pavuk112

    4 жыл бұрын

    Ais fooling other ais, that happened already in 2012. just search for another tedex vid about ai trading. also look on the charts how messed they are.

  • @monanica7331
    @monanica73312 жыл бұрын

    BTC for $75K by end of this year& Control of The Currency is already Decentralised And now the China disruption would simply Decentralise the Mining setup for the better

  • @ericpham8205
    @ericpham82053 жыл бұрын

    if we use AI social security fund can never run out

  • @leethana6474
    @leethana64745 жыл бұрын

    scam are coming here.

  • @adamsrj1999
    @adamsrj19995 жыл бұрын

    He sounds like a robot

  • @thePronto

    @thePronto

    4 жыл бұрын

    OK, you do a presentation...in Mandarin.

  • @samario_torres
    @samario_torres5 жыл бұрын

    This is essentially what benjamin does...lmk if you're interested

  • @runthomas
    @runthomas5 жыл бұрын

    yes ...but did he take into account transactional costs.

  • @HowToFitness

    @HowToFitness

    5 жыл бұрын

    obviously, do you think people who's smart enough to build an AI trading bot are not aware of such obvious parameters.

  • @runthomas

    @runthomas

    5 жыл бұрын

    @@HowToFitness never assume my friend....assumption is the mother of all you know whats.

  • @HowToFitness

    @HowToFitness

    5 жыл бұрын

    @@runthomas I don't assume, I know it as a fact, I'm an engineer and I do this myself.

  • @runthomas

    @runthomas

    5 жыл бұрын

    @@HowToFitness no you are assuming...i am a software developer, developing products that sell to market...and nothing better for a sales promotion than blasting out your most fantastic figures....eg..the trades on simulation made xyz...and its not exactly lying, the fact you didnt include transactional costs...doesnt affect the fact that you bought for x and sold for y.

  • @runthomas

    @runthomas

    5 жыл бұрын

    so unless you have the source code...its an assumption...you may be an engineer, but most certainly NOT A SOFTWARE ENGINEER..AS WE ASSUME NOTHING.

  • @rmark1986
    @rmark19865 жыл бұрын

    A.I. MADE ME A MULTI BILLIONAIRE.........I LOVE IT THANKS U THE BEST

  • @meeravalinawab9372

    @meeravalinawab9372

    5 жыл бұрын

    Lol

  • @kennethsinger561

    @kennethsinger561

    5 жыл бұрын

    Really, now?

  • @ericpham8205
    @ericpham82053 жыл бұрын

    human don't change because we are not making mistakes, we are being oppressed then why should we changed. but Oppressor shall meet their match sooner or later because human have divinity that evolution do not have

  • @radicalis88
    @radicalis885 жыл бұрын

    Wasn’t very informative at all

  • @mcoyid
    @mcoyid5 жыл бұрын

    Can you recall that Scene, from Avengers Age of Ultron, Where ULTRON easily transfers the Money to Ones Account is in an Sec, for buying Uranium.

  • @nomadx3313

    @nomadx3313

    3 жыл бұрын

    Google pay

  • @mcoyid
    @mcoyid5 жыл бұрын

    DisEngage all those people, who are building AI. All Big Tech Giants, Google Apple Facebook Alphabet Tesla

  • @ajpope2010
    @ajpope20104 жыл бұрын

    Someone give that poor guy a tictac

  • @bw5187
    @bw51872 жыл бұрын

    institutions will migrate to AI investing

  • @Good.Idea.Zlovakia
    @Good.Idea.Zlovakia4 жыл бұрын

    Detroit Become Human

  • @danielsckarin574
    @danielsckarin5745 жыл бұрын

    50% drawdown! LOL! Obviously, AI wouldn't conquer the market.

  • @NutHouseProductionz

    @NutHouseProductionz

    5 жыл бұрын

    Silly Ai

  • @schrodingerscat3912

    @schrodingerscat3912

    4 жыл бұрын

    and then there is Renaissance whose been conquering the market all along with this technology

  • @johnmadsen37

    @johnmadsen37

    4 жыл бұрын

    In hft, you need to be right 51%. It’s simple statistics.

  • @johnmadsen37

    @johnmadsen37

    4 жыл бұрын

    @French Fry hehe no. high frequency is (well, look it up) millions of transactions - it is quantitive - meaning a small percentage profit X millions of transactions -- which 51% is only needed -- meaning profit more than loss. you spout profit ratio when 51 49% is the ratio ... i realized you must be joking as no one s that dense. lol funny. you got me! (but there are some real idiots on youtube)

  • @tonyunsworth9909

    @tonyunsworth9909

    4 жыл бұрын

    @@johnmadsen37 .. What he is saying is correct, profit to loss ratio is seperate to your winning percentage and you need to know both. The 51% win ratio your citing is only profitable when profit to loss ratio is 1:1. So you win and lose the same amount each time you trade. If you win 4 times what you lose when you win, or a profit to loss ratio of 4:1 then your winning percentage only needs to be 25% to be profitable.

  • @hyouzanren1846
    @hyouzanren18464 жыл бұрын

    No more wall Street's human trader jobs in the future for sure.. .. Just make sure we didn't accidentally create AI owners/masters!! !

  • @apurva1589
    @apurva1589 Жыл бұрын

    Yeah, now BOTS rule the markets.

  • @amoykeishing6663
    @amoykeishing66635 жыл бұрын

    Ai is just starting so its a baby. Remember phone, computer,cars,technology when it started all of them were not as good as it is today so I'm afraid AI will be far far more powerful than its today.

  • @kennethsinger561

    @kennethsinger561

    5 жыл бұрын

    Yep!

  • @kotare86

    @kotare86

    4 жыл бұрын

    Yes, I think machine learning is in its infancy. AI is just a buzz word, there is no intelligence (yet?)

  • @pn840
    @pn8402 жыл бұрын

    So gorgeous 😍

  • @yovanymoreno3126
    @yovanymoreno31262 жыл бұрын

    Humans creating their own demise

  • @Max-ot8vy
    @Max-ot8vy4 жыл бұрын

    hmmmmm trading is not easy, neither for an AI

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