I'm just getting into learning more about and utilizing my CHATGPT for all variety of things in my life. I want to learn how to use AI for my trading. Any good resources? Tips? Advice? Thanks, as always!
My advise. The lazier you are, the more you lose. So be hard working. Stop using those AI chatbot thing. Work very very hard to develop your holy grail.
Apologies. I should've been more specific. I'm not trying to use AI to trade. I already have my strategy and edge. I'm trying to figure out how to incorporate AI into my trading to sharpen my edge. I'm just beginning to learn about AI, and it seems like with most things in life....either learn and adapt or die. I'm not even sure how AI could be used for technical trading but I'm seeing quite a few articles about other professions learning how to use it to their advantage.
You can just get into conversations about economics and finance. An example of a topic and then picking aspects of the response for more information: "hey chatGPT, can you tell me about stochastic volatility?" then "Can you tell me more about stochastic processes?" then "Can you expand on Markov processes?" then "Are you able to write a very simple python script that demonstrates Markov processes?" Then it wrote a very simple Markov chain in python for rainy vs sunny. I find saying hi to chatGPT gets me in more of a conversational mindset. You can go down crazy rabbit holes with asking it to explain things further and further like talking to some economics professor with infinite patience. Of course it might bullshit you and make things up exactly like an economics professors too. Another I just tried as an example "hey chatGPT, can you tell me what are some methods for discounted cash flow valuation?" Economic Value Added (EVA) is something I had never previously heard of. "Can you tell me more about Economic Value Added?"
If you have to ask this then ai is not the right tool for you and won't ever help you in trading. You gotta be self driven to explore and if you were you would not ask this question in the first place.
Chatgpt presents a rock solid linguistic language model that gets the grammar and semantics right. But it's at this juncture an embellished search tool. It has nothing whatsoever to do with trading. Anyone who wants you to believe otherwise is a shill and has hidden agendas.
Put me on ignore because someone disagreed with you? Dude I committed code to the OpenAI code base, perhaps you want to heed the advice from those who better understand this tool. Don't just take it from me of course, but it sounds like you have insecurity issues reading content that may not lead to your preconceived beliefs.