Post
Topic
Board Trading Discussion
Re: Did you know about AI trading bot?
by
BenCodie
on 06/08/2023, 07:51:59 UTC
snip.

It was only a matter of time...but what should be done, is the conditions that the AI bot is using should be open-sourced...otherwise, how do we know what exactly the AI is programmed to do? If you aren't controlling it either, then what is the actual action for the user - just investing in the AI bot pool? I have to read more about this...

Yea that’s actually a good view, have tried it couple of time and I believe the AI work with the normal technical analysis of the market, once the market do not change direction as a result of news, rumors, human actions generally, that means the AI will be on good profit side. I might get you some link if you wish. Also you can check on Bitget website.

Well, in that case it should save a lot of time for day-traders and those who actually T.A./trade to-date. I don't think many are left. Though you are right that of news, rumors, human actions (and manipulation) did not exist, then this would thrive (if AI is only using T.A.). A good AI would be one that verifies news flow for authenticity/factual legitimacy and prices in news events as they are released, while conducting T.A.

If you have links to the AI open-source code I'm interested, otherwise I won't bother looking at what a centralized exchange is claiming to be AI trading for you. No code proof = can't be sure that it's even AI.