My question is: how efficient are these AIs really?
The use of AI in trading can be efficient if used intelligently or in other words not always relying on AI completely but using it as a complementary tool for manual analysis because we also certainly understand that behind the advantages shown by AI there must also be disadvantages, if you want to try using it better with a small capital first to reduce unwanted things.
There’s no such thing as efficient trading if done through AI, as you have to trade following your own acquired knowledge and understanding on how to navigate your trades, that way you can assure higher chances of making your trades successful rather than relying completely on AI which we all know is nothing but computer programmed.
And to be honest, if all these trading assistants are actually helpful and profitable, then we would have seen majority of traders are getting wealthy, but I don’t see it happening today.