System Development Using Artificial Intelligence by Domenico DErrico & Giovanni Trombetta
Are humans or computers better at trading? This question has been around on many fronts since the era of punch cards, and as technology advances, you question whether machines have limits. Its the same with trading, and heres an algorithm that may shed some light on which performs better.
Many money managers and financial professionals profess that the best traders are born with an inherent sixth sense of the markets that becomes more refined through experience; most of them believe that algorithmic strategies cannot hold up over time and on multiple financial instruments ...