Interesting read on black boxes. I get the idea that someone (a person) turns it on and then just leaves it to make its own decisions from thereon...scary but seems to be reality.
http://www.bloomberg.com/news/artic...calls-on-quants-to-revamp-firm-hurt-by-losses
I'm with Bullant on this one.
Need a trading halt while in downward trend and while the boxes "think" it's still very much "coining" time... T/H with significant news should then see the boxes being blown apart.
Interesting read on black boxes. I get the idea that someone (a...
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