Quote from: jokers10 on February 22, 2023, 04:37:34 AM

Quote from: tygeade on February 21, 2023, 11:54:40 AM

That is all it can do anyway, and yes it could be wrong. It will have all the data that you could have, of course it can process it a lot better and give a much better result, so the answer could be "it can be better trader than I could be" is true, that's not really wrong, but the fact that people expect it to be right all the time is just not understanding the market.

If you know about the market, you know that even the most likely things may fail and when you expect something, just the opposite could happen. Even if we are talking about just a bad news which could change everything. Which is why AI could be better than me, but not without its faults.

When you use a calculator does it count better than you? May be for some people it does so, but it doesn't count better than a human being, it does it faster and for that was invented. But wait, abacus was invented for the same and it is a good helper in counting as well! AI is a good tool also but expecting it will be better than a human... hardly! Than some people... may be... and may be these people should not play in trading at all not to lose nor with a help of AI nor themselves, right?

First of all, you are ignoring the fact that there are sooooo many people who are so bad at math that they would have hard time doing additions, let alone anything else, I have seen people who failed in math multiple times, and never really understood it and didn't even really have any intend on getting any better neither.

So yeah, calculator calculates better than a human, faster and more precise, 99% of the population would fail getting the right answer, let alone be any faster, 99.9999% of the population would be either slower or wrong. Hence, yeah, I would say calculator is better, and with this regard, if done properly and used correctly, an AI trading bot could be better than 99.9999% of the traders as well.