Hello to all,
Recently I have been exploring machine learning, linear regression models and data analysis in python for predicting forex prices...On paper it seems like a holy grail but it reality it isn't. Or at least maybe I am still a noob when it comes to machine learning and statistics...Take for example the r correlation coefficient of todays closing price to tomorrows closing price: 0.98. So in theory you should be able to predict tomorrows closing price pretty accuratly using todays closing price however this is not the case in reality. Does anyone know why?
Thanks
Recently I have been exploring machine learning, linear regression models and data analysis in python for predicting forex prices...On paper it seems like a holy grail but it reality it isn't. Or at least maybe I am still a noob when it comes to machine learning and statistics...Take for example the r correlation coefficient of todays closing price to tomorrows closing price: 0.98. So in theory you should be able to predict tomorrows closing price pretty accuratly using todays closing price however this is not the case in reality. Does anyone know why?
Thanks