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A lot of people claim to have models that can predict stock prices accurately, but I haven’t seen any that hold up under real market conditions.
I recently came across a 2024 research paper reporting over 90% accuracy using an LSTM model on daily VN-30 index data.
The setup included:
• Indicators: SMA, MACD, RSI
• 60-day sliding window
• Four LSTM layers (30–60 units each)
• ReLU activation, 0.1 dropout
• 1,000 training epochs in TensorFlow and Keras
The paper doesn’t say if that 90%+ figure came from the training set, test set, or true forward predictions.
With only a few months of test data, that number might not hold up once market volatility kicks in.
I’m planning to replicate the setup using daily data to see how it performs in real conditions.
Will compare training and test accuracy against actual market prices.
Should be an interesting little side project.
Source: Nguyen et al. (2024), Humanities and Social Sciences Communications.
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