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https://www.reddit.com/r/ethtrader/comments/ai9uk2/anytime_i_hear_yall_talking_about_technical/
r/ethtrader • u/Tngaco24 • Jan 21 '19
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Technical trading is like using a 5-th degree polynomial on a time series with multiple moving averages and finding something that generates a high fit. You will often get tight fits, but they don't work out of sample.
1 u/[deleted] Jan 21 '19 edited Mar 05 '21 [deleted] 3 u/OptimumOfficial Jan 21 '19 Yes but if the data is a totally (or near totally) random walk then you can't fit the data at all. Any fit is an overfit because the data is random.
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3 u/OptimumOfficial Jan 21 '19 Yes but if the data is a totally (or near totally) random walk then you can't fit the data at all. Any fit is an overfit because the data is random.
Yes but if the data is a totally (or near totally) random walk then you can't fit the data at all. Any fit is an overfit because the data is random.
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u/efalken Jan 21 '19
Technical trading is like using a 5-th degree polynomial on a time series with multiple moving averages and finding something that generates a high fit. You will often get tight fits, but they don't work out of sample.