[Project 88 Part 13] Predicting prices with supercomputers: CONFIRMED

[Project 88 Part 13] Predicting prices with supercomputers: CONFIRMED (You can catch up here with Part 1) At long last, our project is nearly complete. My team of programmers has ironed out the bugs, and for the first time, we’ve been able to prove that stock prices can be predicted using pattern recognition. Here are some more »

Come with me if you want to live

  “Come with me if you want to live.” – Arnold Schwarzenegger, Terminator 2 When I was younger, I could do anything. I could do anything because I tried nothing of significance. Everything I had done up to my early twenties had a safety net of some kind. In my twenties, I thought I would more »

Bubbles Bubbles Bubbles

   

[Part 12] First day of stock predictions with Project 88

First day of stock predictions with Project 88 Today was the first day of testing Project 88 inside Portfolio Boss. (You can catch up here with Part 1). Hip hip hooray! // Quick aside. Project 88 is our crazy venture that includes using a 2000-core supercomputer to predict stock prices. I started blogging about our trials and more »

How to Predict Bitcoin

 How to Predict Bitcoin John McAfee: “In the long term Bitcoin moves above $500,000 within three years. Bets?” McAfee tweeted on 17 July 2017. In his reply he added that if it doesn’t: “I will eat my d*ck on national television.” Bitcoin, Bitcoin, Bitcoin. Its stunning rise has grabbed investors by the eyeballs globally. Early more »

Brown Friday?

 Brown Friday? “Thanksgiving is an emotional holiday. People travel thousands of miles to be with people they only see once a year. And then discover once a year is way too often.” – Johnny Carson The day after Thanksgiving, Black Friday, is known for its holiday deals. In 2016, over $655 billion was spent on more »

[Project 88 Part 11] Deadly assumptions

Deadly assumptions It was Monday October 19th, 1987. Stock markets start falling in Hong Kong, then Europe, then the United States. Suddenly the Dow went from down a few percentage points to down a whopping 22% in one day. There were at least two suicides in the following days. The news media blames a wide more »

97 years of stats says you should do this instead

97 years of stats says you should do this instead If you zoom out on a long-term chart of the Dow, you’ll see that the uptrend has been pervasive. Buy and hold in the U.S has worked out pretty well despite some serious drawdowns over the past 100 years. But what about in the short-term? more »

[Project 88 Part 10] How to Hammer Your Way to Success

How to Hammer Your Way to Success Everyone by now has heard this story in one form or another… It’s usually a former nuclear power plant engineer…or super-mechanic that fixes the engines on cruise ships. Here’s the setup: The nuclear plant (or submarine) is about to go into melt down. The mechanic is flown out, more »

Would you continue trading this strategy?

    Do you remember the first time you tried a strategy, and it didn’t work out? I made some trades using a service that would send trades using one of the first text pagers in the 90’s. It barely fit in my pocket. I promptly lost money of course since the strategy was BS. more »

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