{"id":17487,"date":"2011-02-19T15:13:50","date_gmt":"2011-02-19T20:13:50","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=17487"},"modified":"2011-02-19T15:13:50","modified_gmt":"2011-02-19T20:13:50","slug":"neural-nets-a-new-frontier-in-automated-fx-trading","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/02\/19\/neural-nets-a-new-frontier-in-automated-fx-trading\/","title":{"rendered":"Neural Nets &#8211; A New Frontier In Automated FX Trading!"},"content":{"rendered":"<p>Where did you first hear about Neural Nets?<\/p>\n<p>The first time I heard about a Neural Net, believe it or not, it had nothing to do with computer software or using it to trade any market&#8230; it was in the MOVIES!<\/p>\n<p>In 1984, James Cameron, the director of &#8220;Avatar&#8221;, made a movie called &#8220;The Terminator&#8221;&#8230;it was Arnold Schwarzenegger&#8217;s breakthrough role. They didn&#8217;t explain too much about the terminator though, because at that point, computers were still young and they had no idea how to actually conceive of something that sophisticated.<br \/>\nIt wasn&#8217;t until the sequel came out in 1991 that the terminator in THAT movie revealed that his &#8220;CPU&#8221; was a Neural Net&#8230;&#8221;A learning computer&#8221;.<\/p>\n<p>Strangely enough, the terminator actually comes back from the future somewhere around 2011 to 2020&#8230; which is pretty spot on it terms of where Neural Nets would start to blossom.<\/p>\n<p>It&#8217;s quite amazing to see how science fiction often sets a timeline for REAL science to catch up with. It&#8217;s pretty much the same thing with Moore&#8217;s law &#8211; it&#8217;s a self fulfilling prophecy because knowing the future often creates that paradoxical loop that sets it in motion in the first place.<\/p>\n<p>By the way Moore&#8217;s law states that the number of transistors that can be inexpensively placed on an integrated circuit will double every two years. That&#8217;s how computers keep getting faster and faster!<\/p>\n<p>So&#8230; getting back to the present, it shouldn&#8217;t come as SUCH a surprise that the sharpest minds in the business have realized the applications of the Neural Net for analyzing and speculating on financial markets.<\/p>\n<p>You could say it was inevitable&#8230;<\/p>\n<p>A computer that can LEARN&#8230; that can THINK and can spot all the myriad similarities in charts (past and present) would obviously be the ultimate trading mind.<br \/>\nNot surprising then that FX trading software like Leo Trader Pro has come around.<\/p>\n<p>Where did you first hear about Neural Nets?<\/p>\n<p>The first time I heard about a Neural Net, believe it or not, it had nothing to do with computer software or using it to trade any market&#8230; it was in the MOVIES!<\/p>\n<p>In 1984, James Cameron, the director of &#8220;Avatar&#8221;, made a movie called &#8220;The Terminator&#8221;&#8230;it was Arnold Schwarzenegger&#8217;s breakthrough role. They didn&#8217;t explain too much about the terminator though, because at that point, computers were still young and they had no idea how to actually conceive of something that sophisticated.<\/p>\n<p>It wasn&#8217;t until the sequel came out in 1991 that the terminator in THAT movie revealed that his &#8220;CPU&#8221; was a Neural Net&#8230;&#8221;A learning computer&#8221;.<\/p>\n<p>Strangely enough, the terminator actually comes back from the future somewhere around 2011 to 2020&#8230; which is pretty spot on it terms of where Neural Nets would start to blossom.<\/p>\n<p>It&#8217;s quite amazing to see how science fiction often sets a timeline for REAL science to catch up with. It&#8217;s pretty much the same thing with Moore&#8217;s law &#8211; it&#8217;s a self fulfilling prophecy because knowing the future often creates that paradoxical loop that sets it in motion in the first place.<\/p>\n<p>By the way Moore&#8217;s law states that the number of transistors that can be inexpensively placed on an integrated circuit will double every two years. That&#8217;s how computers keep getting faster and faster!<\/p>\n<p>So&#8230; getting back to the present, it shouldn&#8217;t come as SUCH a surprise that the sharpest minds in the business have realized the applications of the Neural Net for analyzing and speculating on financial markets.<\/p>\n<p>You could say it was inevitable&#8230;<\/p>\n<p>A computer that can LEARN&#8230; that can THINK and can spot all the myriad similarities in charts (past and present) would obviously be the ultimate trading mind.<br \/>\nNot surprising then that FX trading software like Leo Trader Pro has come around.<\/p>\n<p>It doubles your account every month (you can actually log into their account with an investor password which is provided on their website!) and has such a high degree of precision that the drawdown is less than 1%.<\/p>\n<p>Once again, reality has caught up with science fiction.<\/p>\n<p>Check it out here:<\/p>\n<p><a href=\"http:\/\/fxforexsoftware.com\/leo.html\" target=\"_blank\">http:\/\/fxforexsoftware.com\/leo.html<\/a><\/p>\n<p>And, hey&#8230; it was good enough for James Cameron and the Governator!<\/p>\n<p><em>About the Author<\/em><\/p>\n<p>Article submitted by Gary Swanson<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Where did you first hear about Neural Nets? The first time I heard about a Neural Net, believe it or not, it had nothing to do with computer software or using it to trade any market&#8230; it was in the MOVIES! In 1984, James Cameron, the director of &#8220;Avatar&#8221;, made a movie called &#8220;The Terminator&#8221;&#8230;it &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2011\/02\/19\/neural-nets-a-new-frontier-in-automated-fx-trading\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Neural Nets &#8211; A New Frontier In Automated FX Trading!&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-17487","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/17487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=17487"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/17487\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=17487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=17487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=17487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}