When it comes to risking money whether it’s in trading or gambling, it’s never a good idea to fully rely on AI to make decisions for you. That approach just doesn’t work long term. You can definitely use AI as a tool, for research, answering questions, maybe spotting patterns but that’s only around 10% of what really matters. the other 90% comes from your own analysis, experience, and judgment.
Always remember: AI might do the math, but it’ll never think the way a human does.
AI is simply a tool, primarily for gathering data that can be used as indicators for analysis, but traders are the ones who make the trading decisions. Even if AI is helpful, traders must be able to analyze independently and trade according to their own strategies. They should not completely trust and rely on tools; AI is not designed to replace humans.
Traders can rely on tools like bots to assist them in trading or execute trades according to instructions. I don't rely on tools for trading, but AI can help me in certain situations. I don't use it to predict prices, but I can still use it to gather data or study indicators.