AI is becoming a big part of our everyday lives, and as a trader, I think that's a great thing. It makes so many tasks faster and easier. For example, instead of spending time drawing trend lines, looking for bullish news, or checking market sentiment, you can now get all that information just by using a simple prompt with the latest tools on trading exchanges. I can count a few I've seen.
Some people may see it differently, but I believe AI helps take a lot of the hard work out of trading. It lets you focus more on making smart decisions instead of doing the same tasks over and over again.
If you feel the same way or have had good experiences using AI in trading or in other parts of life, feel free to share. It’s interesting to see how others are using it and what kind of results they’re getting. Later in the thread, I'll share a detailed experience of mine.
When it comes to succeeding in trading there are somethings that are required without these things you can't survive In the market and they are: PATIENCE, DISCIPLINE, RISK MANAGEMENT and EXPERIENCE.These are features that an artificial intelligence doesn't have and as a result of this it would not give you the profits you need in the long run. I prefer to analyze the trades myself, it makes me more confident of what I'm doing