Post
Topic
Board Trading Discussion
Re: Which is more profiting self trade or AI
by
tygeade
on 05/08/2023, 08:44:11 UTC
A trader always tries to find out how they can profit from trading. But which one is good self-trading or AI trading those completely depends on various factors. By analyzing different situations, I think that both are suitable. AI usually gets quick signals about market trends and can analyze data quickly which is not possible in short time by humans. Emotions do not work in AI so they can trade in the market with disciplinary manner. Since trading sometimes involves geopolitical and economic issues, a human can analyze that which is not possible with AI. In any complex trading activity, a human trader can exercise caution and make sound decisions. Such decision cannot be taken by AI trading.
I think taking advantage of the improving technologies is not that terrible, just do not let it be the only thing that you try to make a profit from. Just to give an example, tradingview is a tool you can use to make a profit, you use the charts and make lines and you try to make as much profit as you can.

However, if you just go there, pick one indicator, and trade based on that forever, you are going to end up losing money. If you end up learning how to use it though, learn how to trade, then that tool becomes a thing you could profit a lot from as well. I believe that it would be smart idea to keep doing it that way instead of just letting it be. Use it, but also learn how to trade to use it better as well.