Post
Topic
Board Trading Discussion
Re: How can you use ChatGPT for day trading
by
finaleshot2016
on 09/09/2025, 20:19:17 UTC
AI bots are not 100% efficient. Instead learn trading, even if it will take years. At some point, you will make profit better to what an AI can do for you.

In trading, AI bot get their analysis and result from past trades from humans. Most times they are wrong and sometimes they get the trade. But if you weigh the profit and loss, you will observe they can never make your profitable in the long run.
I know using bots might not be efficient because they cannot accurately predict the market but their are some bots that are created to determine what tokens to be traded without technically analyzing the market. There are still good bots traders can use but I don't support the idea for someone that can not analyze the market to know what price what to do next to use a bot blindly. Learning how to trade should be the paramount than trying to use a bot without any trading knowledge.

A combination of both human knowledge/ skill and bot will make more sense and that is what I highly recommend. Bots should never be trusted 100%. I still have my own fair experience from using trading bots, it didn't end well for me. Relying only on bots you have mo idea how it works is like gambling.
There are some trades that the only human mind can make and sometimes those are the profitable trades of our life. Relying 100% on bots might good sometimes but of course if your input and filters aren't very specific then it might end up giving you some lose trades so it shouldn't be trusted. Relying on skills and of course having a lot of basis like global market news can outperform bots but if you really want some consistent trades based on your daily basis of trading, it's good if the bot will do those but again, human skills are built different.