But can it out perform Congress? 😅
I hope everyone remembers Long Term Capital. Everything worked great - until it didn’t.
Quite a few years ago some clever guy set up an internet stock picking contest.
Jim Cramer’s picks were compared to those of “Leonard the Wonder Monkey”. Leonard was actually a computer program that picked stocks completely at random.
Leonard won. He didn’t win by much. But he won.
Hurray for Leonard! Hurray for random AI!
👍🏻🐒
It’s AI why does it need to be paid ? LOL
I looked at the site. They want my email address to continue...
“The robot uses AI to track market trends and trade automatically.”
so it utilizes the herd principle instead of fundamental analysis of value and projected growth ...
the minute too many people jump on that particular AI bandwagon, it’ll collapse ...
AI is not artificial or intelligent
Is it Legal ?
With AI, I am able to do the work of a team of human analysts and I don't have to pay them.
I am a long-term investor and, using AI, I am seeing returns way above 50% per annum. Your mileage may vary depending on how stupid your questions are.
Last year, one Freeper's question was, "Just make me rich."
That prompt didn't work out.;-)
Automated trading is the future - problem is we will never get access to the kind of predictive power the big institutions will have. I’ll give MetaTrader a shot, why not?
I see this as the way people step into an AI job market. Instead of working, we become shareholders of robots and robot companies.
What could go wrong when a hundred AI data centers dominate the stock, bond, and commodity markets?
Systems like this end up trading on their own data as they become the larger part of the system. That’s when they go kerblooey..
thank you for the post
Automated computer trades is what gave us Black Monday 1987.
Just sayin.’
Some people have the skills to make steady money in Forex. It makes sense that AI could learn these skills even better.
You might move to Puerto Rico to make it tax-free.
If any of you try it, come back and tell us about it.
For trading, I use a bot called “Black Swan”.
Something I’ve been noticing while researching Galileo FX is that the author of this article - Jeanne P. Frahm - seems to be responsible for pretty much every positive press article about the software over the last two years. Does that mean it’s not for real? No, but buyer beware - it’s over $2k for the unlimited version.