Post
Topic
Board Trading Discussion
Re: How can you use ChatGPT for day trading
by
Mahanton
on 23/07/2025, 21:59:01 UTC
I have been seeing this in many places recently, including the news.

Not only that but also I saw some ads that writes 'let AI trade for you'. Have you been seen something like this? If you are a trader, you might noticed it also.

Just be careful, AI bots can be helpful but they are not excellent and they can result to huge loss if care is not taken.
People need to understand that ChatGPT is not the solution for everything. Just like in trading, ChatGPT is not a tool to rely on because it is programmed by human knowledge. Therefore, depending on ChatGPT is similar to relying on someone else in trading.

 One of the worst things that can happen to a trader is to depend on a tool or other people for trading, because you cannot assess the level of understanding that anyone has about trading. You can only trust yourself in trading, and if you are not good enough to give yourself the best, you can work towards improving your knowledge in trading.
People are now highly reliant with AI on which in every move and action they are making then they would be that having that kind of approach that making use of AI. We cant be able to deny that when it comes to overall purpose and utility then AI is helpful but there are things on which that AI cant be able to resolve or would be having sense on trying out to make some trading and making use of AI on which there are tons of factors on which you would be needing up to consider before you would be that making up such position. Not everything could be read up or could be that written or searched by AI and even if you do have those statistics and information but still it would be that depending into your decision making.