Comment

Comment by darksaints

The finance industry loves deep neural networks because it provides them a way to extract money from all of the naive tech engineers who took a deep learning class on Coursera and thought they could apply neural networks to trading. The general consensus is that deep learning for general trading purposes is complete bullshit because it unavoidably overfits.

There are some quality uses for NN, but price or volatility prediction is not one of them.

parent darksaints 7 years ago

No comments yet

Be the first to share your thoughts.

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton