• helenslunch@feddit.nl
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    10 months ago

    Yeah I don’t buy it. People have been trying to create such algorithms for decades. Problem is no algorithm can account for the complexity and completely illogical decisions of humans.

    • jj4211@lemmy.world
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      9 months ago

      Also, stock prediction can change the thing being predicted. Once a critucal mass of people believe in a certain prediction strategy, then their own actions screw up the prediction. It’s not like predicting some natural or external thing.

    • 520@kbin.social
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      10 months ago

      Oh yeah, this thing will never be able to predict events like GME or that kind of thing.

      The thing is though, I don’t have to beat the first couple or even the first 50 trades. I just have to beat the babdwagoning masses by detecting upticks and downward trends, something my software can do and act upon faster than any human.