Trading on the Edge : Neural, Genetic, and Fuzzy Systems for Chaotic Financial Markets

Rating:
Summary: Covers a lot.
Review: Discusses financial applications of neural networks, genetic algorithms and fuzzy logic. Is aimed at the beginner to intermediate level. Focuses more on data processing and application than on the actual building of neural nets. Several useful examples are given. Sections are written by experts in that particular field. This is usually advantageous except ocassionally where terminology may not always be consistent between sections. Overall a good book if you know how to write your own NN/GA/FUZZY program or have access to one.

Rating:
Summary: Hi-tech is always the best???????????
Review: My interest in NN/GA started 3 years ago and I found this book. It covers some advanced methods for trading. But I am not sure whether they are really better than the traditional technical analysis. The results in this book could not prove it. And some authors didn't disclose their methods clearly. It seems to be very common among people who are using NN/GA/fuzzy logic in trading. So it is hard to know the reliability and accuracy of their results. And we cannot repeat their experiments. Personally, I won't use them in trading. I also gradually lose the interest in this area. I would like to know anyone really made profit by using them.