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Re: The Grabber post# 23813

Thursday, 07/05/2007 11:34:08 AM

Thursday, July 05, 2007 11:34:08 AM

Post# of 47133
Is 1% worth the time or effort? Yes if it's 1% of 1 million! ($10,000). That ain't chicken feed to me.

Point taken. Though, of course, that presumes that one has $1 million in the first place. Small detail there. Though we're all working on it.

As for self directed systems, I think Mark Hing (Automatic Investor) has mentioned Neural Network approaches to this. I believe there may be other products out there that purport to use NN. I don't know of any specifics, because the concept is beyond me other than I think that the software 'learns' and 'adapts'.

Ive seen some websites and like any other piece of technology it has it's own nomenclature and jargon, fine if you're versed in the concepts, I suppose - I guess what we need is "Neural Networks for Dummies."

In a somewhat humorous note, there's the NeuroShell trader program, with the company based in Maryland. I've often thought that their product's name would lend itself such for them to be located instead in New Rochelle, NY! (narf!) And for as low as a mere pittance (cough, cough) of $795 you too can join their "revolution" http://www.neuroshell.com/ in using AI technology for picking stocks, forex, and other such sundry financial instruments.

The also offer a free e-book explaining how AI can be applied to trading systems - link here: http://www.neuroshell.com/Successful%20Trading%20Using%20Artificial%20Intelligence.pdf

With Mr. Lichello's paperback going for $6.99 new I'd have to be demonstrated the ease-of-use and performance of such a system as this for me to fork over that kind of money into a software product. Now if any of us is affluent enogh and has time enough to investigate this sort of product and is willing to report back to the board on the efficacy of such - perhaps the company would be willing to give a discount based on referral sales - ha - but seriously - might be worth pondering...

Onward!!

AIMster

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