Improve Your Trading Process with ChatGPT

[@TxRedMan]

If you don’t have the discipline and patience to be a break even poker player, you’re likely not going to fare well in trading. I spent 11 months on a desk and the observation I made was good traders make the lion’s share of their money in 1-2-3 opportunities a month or quarter; they are wrong about 50% of the time but their winning trades are double or triple digit and their losers are single (%) digit losers. The most common characteristic of each was their indifference towards pnl and their ability to execute on their specific setups. I’d say it’s probably a 1 in 500 chance of success over > 5 years, but I’d also point out that the education transfers to many other areas of life, business and decision making in general. Understanding risk must be learned it cannot be taught.

[@stephenharvey-k2e]

The future has arrived. This is an excellent presentation of a highly topical yet little-understood application of AI to Technical Analysis and Trading. Alan Clement’s presentation is concise, measured, clear, and simple, yet it comprehensively analyses how to benefit from AI. It breaks down the complexity of the issues into bite-sized chunks, gives practical examples of each step in the process, and demonstrates how to use AI to support and improve your Trading performance. The presentation is not just about Trading - it includes an insightful application of AI as a psychological coach. The transformative impact of AI is truly revolutionary. Undoubtedly, cyborg and hybrid Trading will be the new norm shortly. Relevant risks are given due consideration - one being that you can’t afford to be left behind.

[@bazs7669]

Excellent presentation of a fascinating topic

[@germank7924]

no alpha in first 20 minutes, don't know if I can keep on keeping on

[@MesutMilleliri]

AI stocks will dominate 2024. Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA. I'll also take these other recommendations you made.

[@NoahNollens]

If you lack knowledge about market investing tactics, get advice from a financial counselor.

[@BrigetGstar]

Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advsor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.

[@OyunBabus]

I could really use the expertise of this advsors.

[@BrigetGstar]

My CFA *Julianne Iwersen-Niemann* a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..

[@OyunBabus]

She appears to be well-educated and well-read. I ran a Google search on her name and came across her website… thank you for sharing.

[@russellschaeffler]

Or this prompt: During bullish trends in the GBPUSD what is the percentage of weeks that the lows of the week form during the Tuesday London session and the high form during the Thursday London session. And visa versa during bearish conditions... High forming Tuesday London session and low forming Thursday London session.

[@tedxharry9601]

any promt will work as long as you provide the data and ask what you want..!! If this is what you want, yes it will work.

[@Twjc12]

humm, call me a dinosaur but price will always be price right?

[@sillymesilly]

correct

[@frantzherr4452]

The audio quality isn’t the greatest, fortunately there’s a transcript to follow along with

[@russellschaeffler]

Would this prompt work: Give the percentage of weeks that the weekly high or low form on the GBPUSD during the London session over the last 10 years. And of that percentage what was the percentage of weeks that the opposite of the high or low form on Thursday London session.

[@tedxharry9601]

I didnt wacth the video completely but saw your comment. Are you asking or telling?

[@fasteddiepool2717]

👍

[@bobbybabsonjr787]

Then it trades against you. For the person who programmed it .

[@yesorno4147]

So if we all us AI, where’s the edge?

[@smartdata4109]

Not using it ? maybe :D

[@brianeminicrude60]

The Dark Pools

[@shad0801]

@@brianeminicrude60 what is the dark pools?

[@CHAMBVRS]

knowing how to use AI for your benefit is the edge.

[@pondurosa3792]

It doesn’t give you an edge necessarily, only enhances you current edge via automation and more data

[@hopetoretire]

No black guys in the development teams.

[@РодионЧаускин]

Garcia Karen Williams Susan Johnson Cynthia

[@tedxharry9601]

Nellore Pedha Reddy