We should ask ChatGPT to build a profitable trading system

Discussion in 'Artificial Intelligence' started by Pekelo, Feb 16, 2023.

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  1. 777

    777


    The most successful hedge fund of all time has been one hundred percent automated for decades: Medallion Fund from Renaissance Technologies.

    Medallion has earned well over sixty percent a year for over thirty years with only one losing year. The fund size is capped at ten billion as it can bot find enough large edges to hold more money. Medallion threw out outside money many years ago.
     
    #31     Feb 18, 2023
  2. Pekelo

    Pekelo

    I am sure they didn't type into Altavista: "profitable trading system" :p
     
    #32     Feb 18, 2023
    schizo and virtusa like this.
  3. virtusa

    virtusa

    But that has nothing to do with chatGPT. Many people have fully automated systems.

    PS: How do you know that they have been one hundred percent automated for decades? Did they tell it to you?
     
    #33     Feb 18, 2023
    Nobert likes this.
  4. upload_2023-2-18_21-34-16.png

    keep in mind, chatgpt has a hardstop for new data from september 2021.
     
    #34     Feb 18, 2023
  5. upload_2023-2-18_21-35-42.png
     
    #35     Feb 18, 2023
  6. Nobert

    Nobert

    Good luck to the retail folk following it's guidance, they will need it.
     
    #36     Feb 18, 2023
  7. Sprout

    Sprout

    One can use chatGPT to diagram and build system components...
     
    #37     Feb 18, 2023
  8. Sprout

    Sprout

    It might not matter. A noob here, and have been researching more deeply how it works.


    expand see more for the timestamps


    One can feed it gists or knowledge graphs a la the matrix "downloads" "...I know kung fu"

    https://neo4j.com/graphgists/modelling-the-top5s-securities-of-the-stock-market/

    These are some of the types of knowledge graphs that it can access. Knowledge Graphs2.png

    tbh, many of the comments on this thread are in the class of not knowing which questions to ask.
     
    Last edited: Feb 20, 2023
    #38     Feb 20, 2023
    airtoday likes this.
  9. Sprout

    Sprout

    Screenshot 2023-02-20 133212.jpg
     
    #39     Feb 20, 2023
  10. Sprout

    Sprout

    While already rung up, I gave extra change to a cashier to get less change in return. She froze and could not process what just happened.

    However, there will be those that recognize the opportunity. I've been stimulated to ask questions I've never asked before in domains that I did not know existed.

    This reminds me of a blurb; Lex Fridman had a great interview with Neal Stephenson author of Snow Crash, Cryptonomicon et al. Neal was also the first employee of Blue Origin and was tasked to develop alternative propulsion systems. He quickly discovered that he could spend much mental capital "inventing" or he could poke around and discover someone else had already invented it and "did all the math."

    In was an epiphany for me.
     
    #40     Feb 20, 2023