Markov Chains: Can They Help Us in Trading?
Markov processes or chains may sound vaguely familiar to many from their student days, from having read that Jim Simons started trading with them, or simply that they have something that can help us with trading, making trading more probabilistic. These chains are widely used in many fields: biology, political science, purchasing patterns, delinquent account control, gambling, etc. But… Can … Read more