Has anyone used machine learning to trade?
dpapathanasiou: I have friends who do this, and they told me, anecdotally, that for every 10 trades they do, 8 or 9 lose money.While they do make it up on the rest, you have to ask yourself if you can afford the costs (brokerage commissions and fees) of executing your strategy in that context (they all work for banks and hedge funds).If you really want to get into this, you might be better off applying to a quant-based hedge fund.A firm like that will have the capital and brokerage connections to make the game profitable.Also, take a look at Ed Thorp's web site (http://edwardothorp.com/index.html).He was one of the original quants and has many interesting articles on the industry.