New to AI trading? Check out our glossary to better understand the essential terms and concepts used in the world of AI and financial trading:
π Machine Learning β A type of artificial intelligence that allows systems to learn and improve from experience without being explicitly programmed.
π Neural Networks β A series of algorithms that attempt to recognize underlying relationships in a set of data through a process that mimics the way the human brain operates.
π Algorithmic Trading β The use of computer algorithms to automatically execute trading strategies at speeds and volumes impossible for human traders.
π Backtesting β The process of testing a trading strategy or model using historical data to evaluate its potential effectiveness before applying it to real market conditions.
π Deep Learningβ A subset of machine learning where artificial neural networks (ANNs) with many layers process data, enabling the model to learn more complex patterns and features.
π And more...