Quote from: Xeeycoin01 on Today at 04:03:32 PM

I'm curious - what's your take on AI trading bots? Are they the future of trading, or just a fancy tool?
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Theres a place for trading bots - they can be a helpful tools. But they will never match humans for the essential emotional aspects like intuition adaptability and the nerve to bet big when your analysis says the time is right. They are lacking the human touch. Sure, they can process data rapidly, but dont have the intuition or adaptability that comes from experience. Ive experimented with a few bots myself to middling success. They might turn minor profits, but struggle to react to shifts or take risks that pay off big. Bots follow algorithms, while us flesh-and-blood folks trust instincts honed over years and i dont think any amount of computing power can replicate that raw feel for the markets and confidence to act decisively. The huge wins come from bold conviction plays, not just number-crunching.