Very Important Question, need answer immediately

[Lesgoooo]

I run a mutual fund house and I am looking into AI based trading. I saw the video Linus made a while ago on the ASUS AI Accelerator Pcie Card and I was wondering if this can be coded in some way to execute trades using algorithms on its own, like without my input using AI. So if there is a way I can do this or if there are alternate solutions, please reply.

[whispous]

No.

 

You don't just plug this card in and it starts doing your job for you. At all.

 

And you need an answer "IMMEDIATELY"? Calm down.

[Jurrunio]

You run a mutual funds house? If I know the name I'll tell everyone I know (with friendly relations ofc) to pull out. You're too reckless to handle someone else's money.

 

1 hour ago, Lesgoooo said:

I was wondering if this can be coded in some way to execute trades using algorithms on its own, like without my input using AI

Yes AI based trading is a thing, that's what big companies like Google are developing if not making use of them already. We have bots do similar jobs for a long time, just that these days bots improve way quicker than before.

 

That said, you'll have to code for the whole basis, various trade behaviors and machine learning stuff. I bet you can't because anyone capable of doing so would have known the answer without having to ask others.

 

1 hour ago, Lesgoooo said:

So if there is a way I can do this or if there are alternate solutions, please reply.

I doubt anyone sells good forms of AI based trading software, this is THE trade secret among trade secrets.

[cgavaller]

What you want simply is not possible. That card can accelerate AI training performance, but you need to guide it in the direction of what you want to do. Train it on data, give it certain scenarios etc. It is for developers, not the end user. If you want to hire an AI / ML developer to do this for you, go ahead, but you won't get anywhere by yourself. 

[tkitch]

You realize that your amazballz brainstorm is really not a new concept, right?

 

And if it was that easy to do, companies with way more funding than you've got would have put it to use already to make even more money?

[Svek]

9 hours ago, Lesgoooo said:

I run a mutual fund house and I am looking into AI based trading.

What is the data you are looking to feed your AI? It will highly depend on that.

 

If you are looking for trends in online mediums of social content, images of technical charts that "gurus" post, memes, etc. --- or are you feeding direct market data?

 

Each source of information will come with it's own set of complexity when modelling your algorithms and then again, with the AI learning process(es).

 

The hardware you are interested in is certainly capable of doing some of these tasks, albeit not the most optimal. Your best bet is to talk to software engineers before you commit to a hardware for your solution.

[Heliian]

AI would probably not work as well in the markets as a lot of the time values are artificially inflated or based solely on sentiment.  

Just make a bot that buys low, sells high.  Easy. 

[Svek]

The stochastic nature of free markets and pour gasoline all over that with advances and speed of technology, then light the match with "new ideas" on how to beat it. You got yourself the a "big explosion" formula. This is why threads like this one exist.

 

I'm surprised to see this come up in Linus Tech Tips forums --- as this is a pretty big departure from what the video LTT had put together.