Market GPT for a trading edge?

Discussion in 'Trading' started by kmiklas, Jun 16, 2023.

  1. kmiklas

    kmiklas

    Then how would you use GPT to gain an edge?
     
    #11     Jun 16, 2023
  2. I'd use it to find the most erroneous but among retailers popular indicators, then trade against it. (Just jokes).
     
    #12     Jun 16, 2023
  3. M.W.

    M.W.

    You don't, gpt does not provide any benefit to financial trading. Different use case.

     
    #13     Jun 16, 2023
  4. 2rosy

    2rosy

    best to think of LLM (ie. chatGPT) as a plagiarist. Good for student term papers, "journalists", legal contracts, ...
     
    #14     Jun 16, 2023
    d08 likes this.
  5. M.W.

    M.W.

    It's good for a whole lot more. It will replace many more jobs, order entry at any goods and service front store can be replaced. Text generation, art, journalism all are on the chopping board. What it can't do is making inferences about the relationship between data that enables financial pricing forecasting with positive expectancy.

     
    #15     Jun 16, 2023
  6. Hello kmiklas,

    Everytime I see the word GPT, I think of bitcoin.
     
    #16     Jun 16, 2023
  7. Businessman

    Businessman

    Bitcoin is just a waste of electricity.

    AI is the real deal and we are all seriously fucked.

    Computer hardware is going to get 10,000x faster over the next 25 years. If the software (neural net) algo's that do AI get just 100x more efficient/faster. Combined together means we are looking at AI that is 1million times more powerful than current GPT.

    If the AI can itself come up with better neural net algos for improving itself. Then by 2050 or even earlier we could be looking at AI that are billions of times more powerful than todays AI.

    Artificial Super Intelligence.
     
    Last edited: Jun 16, 2023
    #17     Jun 16, 2023
    kmiklas and SimpleMeLike like this.
  8. M.W.

    M.W.

    Those estimates sound about right.

     
    #18     Jun 16, 2023
    kmiklas likes this.
  9. Hello Businessman,

    As long as NT8 have a sell and buy button on their platform in the next 25 years where I can manually trade the ES future market, i can care less about AI.

    I can care less about a damn AI. Means nothing to me.
     
    #19     Jun 17, 2023
    kmiklas likes this.
  10. themickey

    themickey

    2Q==.jpg
    "Giddyup!"
     
    #20     Jun 17, 2023