These days, we've been seeing a lot of AI assistants in trading — tools that can analyze the market in seconds, place trades, and even advise on stop-loss and sell orders, just like the one mentioned by this Twitter KOL:
http://Https://x.com/Jeyyderh/status/1940176605030027517?t=WGs6aphBu\_mW42M39F8NZw\&s=19](
https://x.com/Jeyyderh/status/1940176605030027517?t=WGs6aphBu_mW42M39F8NZw&s=19My question is: how efficient are these AIs really? Do they significantly improve a trader's overall profit and loss ratio, or is the improvement only marginal?
Regarding the KOL, the AI he showcased analyzed the market, placed the trade, and sold it. Not gonna lie, I’m impressed. I’ve even applied for the referral code to try it myself, so expect a detailed review from me soon.
Has anyone else here used a similar AI for trading? What was your experience like?
AI trading tools can simply our trading for us no doubt, by giving us market insights and helping us take trades which are base on a predefined strategies, in as much as Al can do all this for us with tools like pattern recognition and data provided to them, The trading principles should be well understood and expectations should be managed by traders. But the changing market dynamics can become a challenge for these AI tools on the long run, because of geopolitical events, wars and natural disasters are not managed by this AI tools, and here is where I'm worried about the long term reliance on AI tools. Because I have seen AI tools that worked when it was newly developed, but couldn't stand the test of time.