Post
Topic
Board Trading Discussion
Re: Is it true that this AI is good for trading?
by
AngellSky
on 22/02/2023, 14:56:36 UTC
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.
He will be faster, that's for sure, but most likely he will make decisions based on the algorithms embedded in him, he will know how he should act to one degree or another, but the market does not always move as it should be according to the textbook and therefore it is not clear how good it can be be the result.

If we allowed for the fact that AI can learn and will do so significantly, then it would certainly be much more successful than many traders. It is difficult because we are just guessing, no one knows how it can actually be, but the potential for AI is great.
if there is sufficient volatility, then all are suitable for trading.  Of course, with the help of Ets platform, it will be even easier to achieve results.