There are lots of blog posts out there claiming to teach you how to use deep learning (typically RNNs) to predict stock prices, FX rates, BTC price, from past price data. Is it actually possible? Well, mostly not. A thread.
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That doesn't mean that price data doesn't contain information. Only that this information doesn't convert to successful strategies for an average player. It's possible to show models that look like they would be successful, in theory. But you can't deploy them.
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Remember, you need an advantage no one else has (usually a new dataset). It's purely a game of information arbitrage. You can't recycle the same information and models everyone has access to. Unless you know you're special, don't even try. And if you have to ask, you're not.
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End of conversation
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The issue with this is that there is a number of consistently successful traders at a reasonable scale. The models are unable to capture their expertise as is.
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