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Man vs. Machine

  #8 (permalink)

Posts: 30 since Aug 2015

MatthewD View Post
I'm confident that there's no software/script/indicator etc. in the world that can do technical analysis with the precision of an experienced trader. In theory, I suppose technology could come sort of close, but there's a lot of things that a formula alone cannot accurately evaluate.

"You insist that there is something a machine cannot do. If you will tell me precisely what it is that a machine cannot do, then I can always make a machine which will do just that!"

-John Von Neummann

When everything is trending like crazy this situation should not be a surprise. If you run a hedge fund with a defined algorithmic strategy in the prospectus you can't just all the sudden change the strategy to "go long".

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