Thursday, April 12, 2012

Clemson Students are Wicked Smart with Radian6

So, a group of my kids in creative inquiry just rocked my world.  They're beating the snot out of the market using Radian6 to predict Forex.  Here is the abstract from their project!

Kudos to the kids.  I need to turn over my retirement account to them!

Here is their abstract for the project:

Forex, the foreign currency exchange market, is very similar to Wall
Street’s stock market, except instead of measuring the health of
corporations, Forex gauges the welfare of countries and their
respective units of currency. Through the broker, Forex.com, an
American adult (i.e. an 18-year-old college freshman) can run some
day-trading experiments with real money on a 50:1 leverage. By
observing the graphs of the currency value fluctuations, one can
conjecture as to which currency in a pair will dominate in the near
future and attempt to profit on it. After some intense research and
crude experiments in 2011, a practice account was opened with TD
Ameritrade in order to dissect the trend between the Forex market and
Twitter posts. In particular, the fluctuations of the EUR/USD pair
were scrutinized, and models were fabricated in order to turn the
Twitter feed into a consistent profit.

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