Are there any "technical analysis" traders out there who currently use AI in their trading strategy? And if so, any tips for getting started as someone not fluent in AI?
30% of all my algorithms are trained based on various deep learning models. But it's certainly not chatgpt. If you understood what data it was trained on you would understand. What you are asking for is for tools and opinions without having done the slightest homework on your end. How to get started? Like with everything in life: the boring, tiring, time consuming grunt work to familiarize yourself with the basics of the trade. In this case linear algebra, data science, basic ML, then deep learning models, and concepts of data engineering. 1 to 2 years to get up and running if you put a lot of effort into it and allocate a sizable chunk of free time. Are you willing to do that? Then I can guide you to suitable material. Any off the shelf tool that you can use after 15 minutes of trial and error has the exact value added of ZERO.
Good Morning SelfMadeDude, Please stick to what you are doing with the CHATGPT. The CHATGPT will give you something noone will give you, and that is quantified (no guessing, no hoping, etc.) results for what you are doing. You do not need resources, CHATGPT will work just fine. Keep on going.
Thanks SimpleMeLike. I will keep exploring AI and Technical Analysis. I have not done much vis-a-vis my own trading but I've been using CHATGPT for other things and it is truly a game changer, so I'm hoping to give myself another tool to combine with my arsenal. Not really sure where to begin but I'm sure other people will also chime in with their questions and tips/feedback.
Hello SelfMadeDude, Well, this is just my opinion only, and I am not profitable trader, so do not take my opinion as gold. But I believe this is best way. Begin with the following: 1. Program and back test every trading idea you think will make money in the future. The cost is $0.00, the reward is +$XX,XXX to +$X,XXX,XXXX per year
Have you seen the other convo's through search or here? Knowledge graphs and ontologies would be a good place to start.
I would not trust chatGPT to trade, I asked it some pretty basic math questions it messed up on. I would only trust an AI actually trained for trading, not this thing
Years ago I looked at hardware for some of this stuff and the training idea, all it was doing was creating a matched filter physically. Not sure if that pertains to your endeavors but I was kind of dissapointed.
Why not head over to YouTube? There are many trading videos involving machine learning. Don't get your hopes up too much though. AI, at the current juncture in time, is really nothing other than training a model on large data sets (although that might change in the future).