Can AI Excel in Trading? Expert Weighs In

[tabas]

There are a lot of AI projects that are being made and to answer this easily. If someone is able to develop and AI to do all of the trades and analyses then we'd all be rich. But then, I am thinking that those developers won't sell those AI that they have developed but if they do. It only means one thing then there's really no AI that can be used for trading. But automated trading is there but for things like analyis and chart reading for making one's trade profitable, that's almost but not gonna happen.

What you said is very true. If indeed there is someone who is able to develop AI to do trading and analysis, of course, many will be rich if what is predicted is true. I agree. Clearly, the developer if he knows that it is useful, then he will use it himself and will not give it to others, because who doesn't want to be rich from the results.
I think it will not be possible to be able to read and analyze well so that it can be profitable, and it can be said to be almost impossible.

That's exactly the point and that's why if there are developers out there that are able to print them more money through trading or any means, they're the first one to use it and won't be too noisy to share.

There are a lot of AI projects that are being made and to answer this easily. If someone is able to develop and AI to do all of the trades and analyses then we'd all be rich. But then, I am thinking that those developers won't sell those AI that they have developed but if they do. It only means one thing then there's really no AI that can be used for trading. But automated trading is there but for things like analyis and chart reading for making one's trade profitable, that's almost but not gonna happen.

Isn't it we already have trading Bots for that? But maybe AI could really be the next iteration as it will surely automate everything and there are gong to be no emotions and it will just base on what the graph are saying.

As compare to us when we have emotions and maybe there is something wrong and so we will not trade at all but in the end, the price of that particular goes up, making us regret our decisions.

Yeah. we have trading bots already but I think that everyone has that different thought and meaning for this and actual AI bots. Everyone is praising AIs for how productive they are and that's why they're being thought to be useful and being tandem to trading to make money easily. It can automate things but we don't know if it can really work for someone who'll trade and able to read the market through its analysis and make 100% money from within.

[Crypto Library]

Some people want AI to do everything for them, it is making so many people lazy and they don't want to put their brains to work. AI is great and it is here to stay, but it should be utilized in the right way, don't put your brain to rest and hope it does all the work for you.

You are right. I think they also need to know that the world is not that easy, you cannot just sit here and earn money without using your brain at all, to earn money here, you must work hard, be it with your physical or mental labor. It can be in the field of trading or in other sectors.

[lepbagong]

Some people want AI to do everything for them, it is making so many people lazy and they don't want to put their brains to work. AI is great and it is here to stay, but it should be utilized in the right way, don't put your brain to rest and hope it does all the work for you.

You are right. I think they also need to know that the world is not that easy, you cannot just sit here and earn money without using your brain at all, to earn money here, you must work hard, be it with your physical or mental labor. It can be in the field of trading or in other sectors.

Something natural if someone is used to using AI and trying everything that is done is only needed through AI, not using what they have to be applied to all the work that should be done.
I agree with you that it is not right to just sit here to get something without doing it with the mind that it is done by yourself, to earn money without working hard even though the opportunity can be done, because later you will get used to everything being done with AI.

[Crypto Library]

Something natural if someone is used to using AI and trying everything that is done is only needed through AI, not using what they have to be applied to all the work that should be done.
I agree with you that it is not right to just sit here to get something without doing it with the mind that it is done by yourself, to earn money without working hard even though the opportunity can be done, because later you will get used to everything being done with AI.

To be honest like this thread title some people whom I know personally they even ask me that if they could do profit with the AI bot and funny thing is they see some fake promotions of a telegram channel.
I gave them the same answer as I gave them here. Moreover, I told them why don't you ask this question to the Artificial Intelligent, I mean I told them to ask chatgpt. And I was saying that read the last message of chatgpt very carefully. It will be like this that of course only professional traders will succeed in trading with AI bot.

[lepbagong]

Something natural if someone is used to using AI and trying everything that is done is only needed through AI, not using what they have to be applied to all the work that should be done.
I agree with you that it is not right to just sit here to get something without doing it with the mind that it is done by yourself, to earn money without working hard even though the opportunity can be done, because later you will get used to everything being done with AI.

To be honest like this thread title some people whom I know personally they even ask me that if they could do profit with the AI bot and funny thing is they see some fake promotions of a telegram channel.
I gave them the same answer as I gave them here. Moreover, I told them why don't you ask this question to the Artificial Intelligent, I mean I told them to ask chatgpt. And I was saying that read the last message of chatgpt very carefully. It will be like this that of course only professional traders will succeed in trading with AI bot.

It seems that if you really believe, of course, what you said must also be done by them by asking chatgpt whether, indeed, what AI bots will indeed provide valid information, because, if it is true, it is certain that many people will want to try AI Bots although from my own side I still doubt it will be true because it is not as crowded as it seems that many have used it, and you also said that there are fake promotions from telegram channels, and it is certain that it is a scam that always happens today.

[Crypto Library]

It seems that if you really believe, of course, what you said must also be done by them by asking chatgpt whether, indeed, what AI bots will indeed provide valid information, because, if it is true, it is certain that many people will want to try AI Bots although from my own side I still doubt it will be true because it is not as crowded as it seems that many have used it, and you also said that there are fake promotions from telegram channels, and it is certain that it is a scam that always happens today.

Yeap, we can use artificial intelligence in trading only when we already know about trading and are experts in trading analysis.
Moreover, if we think that using artificial intelligence we will always make profit in trading, then it will be a wrong idea in my opinion. Because if we think about one thing in general knowledge, if everyone makes profits by using artificial intelligence on trading, then who will suffer the loss? And if there is no loss, will the market actually continue?

[lepbagong]

It seems that if you really believe, of course, what you said must also be done by them by asking chatgpt whether, indeed, what AI bots will indeed provide valid information, because, if it is true, it is certain that many people will want to try AI Bots although from my own side I still doubt it will be true because it is not as crowded as it seems that many have used it, and you also said that there are fake promotions from telegram channels, and it is certain that it is a scam that always happens today.

Yeap, we can use artificial intelligence in trading only when we already know about trading and are experts in trading analysis.
Moreover, if we think that using artificial intelligence we will always make profit in trading, then it will be a wrong idea in my opinion. Because if we think about one thing in general knowledge, if everyone makes profits by using artificial intelligence on trading, then who will suffer the loss? And if there is no loss, will the market actually continue?

I agree with your thinking that it is okay to use artificial intelligence as long as we also understand and know the trading analysis, because without it, we are only fixated on the analysis of artificial intelligence, which may not be in accordance with what we think.
Of course, it is wrong if we can use artificial intelligence, then we can be sure that we will make a profit in trading, and it is not that easy to get and we can be successful.
Yes ...... a very right analysis that you said if you get profit by using artificial intelligence, who will suffer the loss and, of course, no one wants to experience that?

[Crwth]

With the OP being AI detected, it's possible that AI would excel in trading as well. Lol.

Anyway, from a group that I have. We have an "intern AI" that analyzes different coins based on what is available in the market. It would talk about the different possibilities on what's going to happen with the current market.

It's a good tool to have as well.

[Crypto Library]

I agree with your thinking that it is okay to use artificial intelligence as long as we also understand and know the trading analysis, because without it, we are only fixated on the analysis of artificial intelligence, which may not be in accordance with what we think.
Of course, it is wrong if we can use artificial intelligence, then we can be sure that we will make a profit in trading, and it is not that easy to get and we can be successful.
Yes ...... a very right analysis that you said if you get profit by using artificial intelligence, who will suffer the loss and, of course, no one wants to experience that?

That's what I want to also said that if anyone without any knowledge generator profit from by artificial intelligence on trading then everyone will do the same thing and at the mean time if everyone generate profit only then who will face the losses?
So definitely without any analysis knowledge in trading no one can have profit by only using AI on trading yes some of them will do profit but that will never sustain.

[lepbagong]

I agree with your thinking that it is okay to use artificial intelligence as long as we also understand and know the trading analysis, because without it, we are only fixated on the analysis of artificial intelligence, which may not be in accordance with what we think.
Of course, it is wrong if we can use artificial intelligence, then we can be sure that we will make a profit in trading, and it is not that easy to get and we can be successful.
Yes ...... a very right analysis that you said if you get profit by using artificial intelligence, who will suffer the loss and, of course, no one wants to experience that?

That's what I want to also said that if anyone without any knowledge generator profit from by artificial intelligence on trading then everyone will do the same thing and at the mean time if everyone generate profit only then who will face the losses?
So definitely without any analysis knowledge in trading no one can have profit by only using AI on trading yes some of them will do profit but that will never sustain.

Is it possible that everyone will do the same thing and get according to what is done with artificial intelligence? Then it is certain that some will make money and some will lose. Who will lose? Of course, no one wants to lose. Then it is certain that artificial intelligence will not be able to fulfill all the desires that are together, and the impossible can happen.
Agree, without the right analytical knowledge, then it can be said that trading will be difficult to do well, especially with artificial intelligence.