what yall think about the built in AI hardware in the new devices. is it being used to help with trading for retail traders or will it be adapted by trading platforms in the near future i started doing some research into AI and didnt realize how much AI actually advanced in last few years quietly
There really isn’t any specific “ai hardware” in new devices. We have always had this hardware. It is just getting better and more powerful. It is a fancy way of saying it has some type of GPU in it (which are getting cheaper and better everyday, see NVDA recent releases) To answer your question, it’s helpful if you are running certain libraries to train/test an a strat locally. But nowadays you can just rent a GPU for a little while, spin it up, and shut it down when done.
i get up every morning and go to sleep every night using ai all day. about 90% of my time is wasted on it but the other 10% is astounding. i do mean astounding, ai by itself is not going to do anything for you. you have to learn how to approach it and understand how to present projects to it.
My AI neural net algo can now predict if the next bar will be up or down with 95% accuracy It has been trained on millions of previous bars charts going back a 100 years and 10,000 different stocks and markets
i have a bunch of patterns and i told it to find pairs of patterns that would return at least a $xxx profit if i enter the open of the bar after the pattern confirmation. it was driving me crazy i could not figure out how it was getting the results so i told it to print out a verbose print log of all trades and it did. duh - i realized i should have said find me a "sequential pair of patterns" now it made sense. humans leave details out that you take for granted all the time, that's why its hard for a discretionary trader to program a method, you do things you don't think about.
I asked AI: how many kinds of AI are there? Answer: three, those that provide correct information and those that don't.