AI For Trading?

Discussion in 'Trading' started by SelfMadeDude, Mar 7, 2023.

  1. Thanks to all who posted helpful comments.

    I guess I need to do more behind the scenes research on my own since incorporating AI into my trading strategy will entail more than I anticipated.

    I will keep my eye out for more comments, and head over to Youtube University for additional self-learning.
     
    #21     Mar 8, 2023
  2. Sprout

    Sprout

    Follow Open.ai on twitter and follow choice followers for tip-of-the-spear. It can easily get over-whelming so building lists is supportive as well as pruning/muting copypasta posters.
     
    #22     Mar 8, 2023
  3. endless

    endless

    I've created an AI system for currency trading. It took thousands of hours of learning, research and many late nights to make it work just for this one purpose. I've done some exploration of semantic AI systems, some overlap with CHATGPT, and from my experience i don't think it's anywhere close to usable in trading environment.
    Also you're looking at years before reaching meaningful results with whatever you come up with.
     
    #23     Mar 8, 2023
    trismes, SelfMadeDude and themickey like this.
  4. traider

    traider

    If it's not general purpose then isn't it more like a NN trained to very specific inputs and outputs
     
    #24     Mar 8, 2023
  5. endless

    endless

    Correct, if you view CHATGPT or other hot in the news model (commercially promoted) as somewhat generally competent, trading AI would/should be equipped with single talent.
     
    #25     Mar 8, 2023
  6. Yeah, I agree with you.
     
    #26     Mar 10, 2023
  7. Sprout

    Sprout

    Citadel recognizes the possibilities. While they already use ML, they are making moves to be masters of the financial universe (if they aren't already.)
     
    #27     Mar 10, 2023
    bitcuration likes this.
  8. Businessman

    Businessman

    I guess they can train and run AI on all the order flow data they are seeing before it hits the market.
     
    #28     Mar 13, 2023
  9. endless

    endless

    That is called front running orders, it gives some edge, but you can achieve 80% win rate on just retail data.
     
    #29     Mar 13, 2023
  10. trismes

    trismes

    Yep, consider it your coding friend - literally anything you're doing that's repetitive and clearly defined should be coded up. In doing so, it'll help you narrow down what's discretionary or not, and if it really should be discretionary.

    I knew zero coding to start with, and now a few months in, I've automated a good 80% of analysis and it's a game-changer. Break down the whole coding task into the smallest steps possible, get each working, start stitching together. It's way simpler than it sounds.

    Just don't ask GPT for any trading ideas else you'll get a culmination of youtube's worst trading strategies mish-mashed into a guaranteed clusterfuck.
     
    #30     Aug 1, 2023