Post
Topic
Board Trading Discussion
Re: How can you use ChatGPT for day trading
by
bangjoe
on 09/09/2025, 21:40:23 UTC
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.

It's quite simple: as long as you can use BOTs or AI for your trading, don't become dependent on them, even though they are powerful and intelligent. BOTs work with the data they can access, but we must also understand that not everything can run correctly and as expected. It is necessary to re-verify the data or calculations provided by the BOT, as errors can occur and ruin your trading.

Use bots appropriately as a reference or discussion partner when talking about trading to add information that you don't know or have forgotten. Sometimes we forget something very important before trading, whether it's data, principles, or strategies.