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by this_user 37 days ago
Trying to trade with generalist LLMs is just an exercise in futility, because none of these models have ever seen the inside of a real trading firm. None of that knowledge is in their training sets.
3 comments

It's worse. The special lingo doesn't make a good trader.

You can be certain the firms looked ahead and had specialized ML tools built and ready to go. And yet, none of them stand out for success, over the past decades and into this LLM bloom.

The way to riches there is just like during the gold rush: The people making money are the ones selling shovels and canteens and wheat, not the ones running sluice boxes.

AI is no panacea.

Didn’t DeepSeek originate from a HedgeFund model?

https://en.wikipedia.org/wiki/DeepSeek

They are quants with a deep experience in trading that started to develop general LLMs as a side business, that does not mean their experience is baked into their models.
hey, could you please give some idea about those quant bots a little bit? I'd appreciate if you leave some reference links to get an idea. Thanks
also, the bulk of literature is indistinguishable from bunkum