Post
Topic
Board Trading Discussion
Re: How can you use ChatGPT for day trading
by
alastantiger
on 19/08/2025, 18:31:21 UTC
ChatGPT is a powerful AI which is widely discussed and used all over the world. When you give a prompt here, it will give you a prediction but I am not confident about how much it will work because I have never traded with the help of GPT. But why do you want to use GPT for day trading. If you want to use an AI bot for trading then you can use the AI bots provided by the exchangers because they are specially made for trading. But I think ChatGPT is not trained for trading. So trading with the help of ChatGPT seems to be very risky.

It's a risky thing to do, AI don't give you ideas of their own but look for the best choices already existing before giving you the suggestions. People that claim to be using AI for trading and have been profitable 100% of the time are telling lies. There are AI that can trade for you but they'll be sometimes that they'll get their predictions wrong. Trading AI are like bots, that gives you predictions of how the market might react and we know they haven't been that accurate with their predictions. Using AI to trade is also going to make you turn into a lazy trader that'll have to be depending on AI all the time without being capable of doing things on their own.