4min chapter

Better System Trader cover image

192: “Predicting profitability using machine learning” – Ernie Chan

Better System Trader

CHAPTER

Is There a Sweet Spot for Machine Learning?

The idea is that we don't actually advise people to use macine learning to giveout the base trailing tgy, because it's a very easy to overfit. We ask them to use this for plice management and capital evocation. So in owords, everybody will have their own cres of wor. And you know, i can give you my craspor won't do you any good, because i'm not taing yours y. The process of feature selection will automatically eliminate thought fundamentalsif they find out that you are trading a fore mor, it will not be useful. I wil automatically eliminate. It's easier to narrow it down than to build it up.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode