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=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?
If I observe it from a general point of view then I have to say that since Artificial Intelligence is contributing to all other sectors to make things easier, I would say that it will help in the world of trading as well. However, this help cannot be expected in such a way that it will analyze and make predictions completely so that you will have no more responsibilities.
Rather, I will say here that AI will only make the work easy for those who basically know about trading analysis and have experience. AI will be scary for those who will go to trade with AI with zero analysis knowledge.