I think it's more about training than anything else, and if you really believe that you could train an AI to be a perfect trader then yeah there won't be any help needed afterwards, you could still make it understand what is making a loss and what is making a profit and learn from its mistakes and so forth, that's why it matters a lot. I think it should be the most important thing, and we could probably be happy about it if it learns from each move as well.
So, combined your training and also the experience it gets, and that would be something nice. I get that sometimes it is not going to be all that easy to handle, but that's what we are here to do and should be something that we could probably consider as a good income.
Topic: How much human supervision do you believe AI needs for crypto trading? (Read 471 times)
March 28, 2024, 11:42:03 AM
March 26, 2024, 10:06:59 AM
If its full on AI I think it should need much human attention. But AI cant predict the future it works on past movements.
December 26, 2023, 08:02:20 PM
An artificial intelligence is not something someone can depend on in terms of trading, so it's good for traders to trade without using an artificial intelligence because normal trading will make you to have comfort more than artificial intelligence, secondly, an artificial intelligence is a programmed machine that can disappoint at any point in time, so therefore I believe that people who using AI will not make larger profit in trading like someone using manual kind of trading.
i think AI should only be supervised at early time where there is not necessarily enough data for AI to act on its own but later on it can go full automatic with all the data and parameter supplied with AI.the thing is that currently AI is so heavily untested for trading we don't know in a year how much profit or loss the AI gonna have also along the way we can add more and more data to the AI so that it gets smarter.
the only hurdle with AI nowaday is the non deterministic result of the outcome we can be giving the same input and sometime its not gonna give the same expected output but the important thing with trading is that the AI can understand the pattern and acts upon it based on past data, its basically just the same as how human operate i believe eventually we will see AI capable of trading im sure many are still in development till these days.
for any that don't believe AI to be capable of trading on its own, you'll be surprised because it can eventually, same thing like how people underestimate ai capability to draw and create song.
December 26, 2023, 01:48:32 PM
ai trading is an ai or algorithm design themselves when to enter and trade and exit a trade, which may do not require supervision.
and other is bot trading where we write or code a both where the bot will enter a trade when some conditions will meet, bot doesn't take decision by thinking there own,
like when 50 MA crossed 200MA then the bot will take without thinking much about it. so bot needs supervision if the signal is not so strong.
That is why I think we should consider the possibility that we could make some sort of profit when the time is right, I believe that we are going to end up with some great returns if we could just focus on ourselves and not the AI or bots. I understand that some people make it their entire thing to use the highest technology that is available to make the most money because they think it will make them money, but that is just not true.and other is bot trading where we write or code a both where the bot will enter a trade when some conditions will meet, bot doesn't take decision by thinking there own,
like when 50 MA crossed 200MA then the bot will take without thinking much about it. so bot needs supervision if the signal is not so strong.
Computer was the highest form of technology for a while, did every single person who used PC made money? Of course not, that is not really the case at all times, we should consider the situation to be a bit different and we need to make sure that things could get a lot better if we do it ourselves. I personally do not like using even copy trading, I just prefer trading myself and learn how to do it myself, if I can do it then it would be a lot better for me in the future and that is what matters, we need to keep that logic going.
I am not saying AI trading will make you rich, it may not make you rich, that's true, but that doesn't mean that we are going to end up with a trouble, it has to be something that will end up being a bit more important to just learn how to use it for later purposes, even if you do not trust it, doesn't hurt to learn it.
December 25, 2023, 11:54:34 PM
ai trading is an ai or algorithm design themselves when to enter and trade and exit a trade, which may do not require supervision.
and other is bot trading where we write or code a both where the bot will enter a trade when some conditions will meet, bot doesn't take decision by thinking there own,
like when 50 MA crossed 200MA then the bot will take without thinking much about it. so bot needs supervision if the signal is not so strong.
That is why I think we should consider the possibility that we could make some sort of profit when the time is right, I believe that we are going to end up with some great returns if we could just focus on ourselves and not the AI or bots. I understand that some people make it their entire thing to use the highest technology that is available to make the most money because they think it will make them money, but that is just not true.and other is bot trading where we write or code a both where the bot will enter a trade when some conditions will meet, bot doesn't take decision by thinking there own,
like when 50 MA crossed 200MA then the bot will take without thinking much about it. so bot needs supervision if the signal is not so strong.
Computer was the highest form of technology for a while, did every single person who used PC made money? Of course not, that is not really the case at all times, we should consider the situation to be a bit different and we need to make sure that things could get a lot better if we do it ourselves. I personally do not like using even copy trading, I just prefer trading myself and learn how to do it myself, if I can do it then it would be a lot better for me in the future and that is what matters, we need to keep that logic going.
December 25, 2023, 07:51:07 PM
They need a lot of human supervision because trading today is becoming more complicated and expensive especially using all this third-party network, swapping network, for example: when you want to swap a particular AI coin or tokens, they will show you the transaction fee but by the time you complete the transaction you will see that they charge more than they show you.
December 25, 2023, 04:17:55 PM
An artificial intelligence is not something someone can depend on in terms of trading, so it's good for traders to trade without using an artificial intelligence because normal trading will make you to have comfort more than artificial intelligence, secondly, an artificial intelligence is a programmed machine that can disappoint at any point in time, so therefore I believe that people who using AI will not make larger profit in trading like someone using manual kind of trading.
December 25, 2023, 12:47:47 PM
ai trading is an ai or algorithm design themselves when to enter and trade and exit a trade, which may do not require supervision.
and other is bot trading where we write or code a both where the bot will enter a trade when some conditions will meet, bot doesn't take decision by thinking there own,
like when 50 MA crossed 200MA then the bot will take without thinking much about it. so bot needs supervision if the signal is not so strong.
and other is bot trading where we write or code a both where the bot will enter a trade when some conditions will meet, bot doesn't take decision by thinking there own,
like when 50 MA crossed 200MA then the bot will take without thinking much about it. so bot needs supervision if the signal is not so strong.
December 25, 2023, 12:32:36 PM
The moment you give AI the information to process, it already becomes outdated or old. You can create multiple strategies using multiple data but applying that strategy to trading in order to make the right decision can never be that much accurate. The moment you dive into crypto trading, there is no escape. You keep on going down. And the phase becomes harder and harder. In order for an AI to fully operate on its own will take a lot of work and in the end it may not be 100% accurate.
I get the idea of everyone using AI bots for trading and then it will become a race between machines. The one who can create the fastest one will be on top. It will become machine versus machine war. The one who can calculate it faster will win the race. But for that to happen it will take a lot of time. We are still not there yet.
I get the idea of everyone using AI bots for trading and then it will become a race between machines. The one who can create the fastest one will be on top. It will become machine versus machine war. The one who can calculate it faster will win the race. But for that to happen it will take a lot of time. We are still not there yet.
December 24, 2023, 03:57:15 PM
I expect that it will take more time, at least 10 years, for humans to be able to create AI capable of making trading decisions with great effectiveness and close to accuracy.
Although I personally do not believe that there can be 100% accurate trading decisions, whether from humans or AI, because there are many factors that can suddenly change the market and mix the cards so that it becomes very difficult to predict the market accurately.
However, AI is developing so rapidly that it will become a great competitor to humans and may surpass it by several stages.
For now, I see AI still unreliable when it comes to trading decisions and accurate predictions, but we don't know in the future what AI maybe capable of doing. When that happens that AI may already surpass our expectations on humans, well probably that could be the end for human's roles in trading. Although we always believe that human intelligence is better than AI or any trading bots, but we really don't know what they are capable in the future. AI's development is in progress and we are all aware about that.Although I personally do not believe that there can be 100% accurate trading decisions, whether from humans or AI, because there are many factors that can suddenly change the market and mix the cards so that it becomes very difficult to predict the market accurately.
However, AI is developing so rapidly that it will become a great competitor to humans and may surpass it by several stages.
December 22, 2023, 02:45:30 PM
For now, I see AI still unreliable when it comes to trading decisions and accurate predictions, but we don't know in the future what AI maybe capable of doing. When that happens that AI may already surpass our expectations on humans, well probably that could be the end for human's roles in trading. Although we always believe that human intelligence is better than AI or any trading bots, but we really don't know what they are capable in the future. AI's development is in progress and we are all aware about that.
AI bots are meant for business and we should be very careful not interfere with anything that will complicate matters on our end. We're aware of the system and we should be ready to take things rashy or slowly because we can be vulnerable to the system and at the end of the day, we can not stand out to become the amazing person we use to be. AI bots will keep increasing and developing to their best version in every given chance but we shouldn't get too dependent on the project because it's technology and can fail in any given point in time. December 19, 2023, 12:01:06 AM
Actually, AI will just do what you program on it which is efficient imho because your feelings will not be a hindrance on the decision making for trade but rather jsut rely on the given rules set on the AI.
AI is good tool on trading because it can monitor your trade 24/7 unlike you doing it manually looking on the chart waiting for price action. I’m using bot trading right mow for DCA purposes to purchase whenever a token drop a certain percentage. I think AI will be better in the future if it can be program like peo that depends on technical and fundamental analysis.
That's really not the ideal way though, I mean doing what I tell it to do means I can do it myself as well and as long as there isn't something that trades better than I do, I am not going to use it, why would I? I am just creating another me that would be non-stop 24/7 trading, that may sound great if you are a great trader that made a lot of profit, but I am not a great trader and I do not make all that much profit.AI is good tool on trading because it can monitor your trade 24/7 unlike you doing it manually looking on the chart waiting for price action. I’m using bot trading right mow for DCA purposes to purchase whenever a token drop a certain percentage. I think AI will be better in the future if it can be program like peo that depends on technical and fundamental analysis.
I personally would prefer a situation that would be a little bit different and could end up with something that will benefit me better than I can do it. If there is a bot that does something without I tell it to do, like just "here is my money, go make me more" and I do nothing else, then I will start reconsidering it. AI is not AI, artificial intelligence is something that can think for itself, whereas we are talking about machine learning, you feed it some data, and it will do what it must based on the data you provide, nothing more, it s*cks.
December 18, 2023, 02:16:36 PM
I expect that it will take more time, at least 10 years, for humans to be able to create AI capable of making trading decisions with great effectiveness and close to accuracy.
Although I personally do not believe that there can be 100% accurate trading decisions, whether from humans or AI, because there are many factors that can suddenly change the market and mix the cards so that it becomes very difficult to predict the market accurately.
However, AI is developing so rapidly that it will become a great competitor to humans and may surpass it by several stages.
For now, I see AI still unreliable when it comes to trading decisions and accurate predictions, but we don't know in the future what AI maybe capable of doing. When that happens that AI may already surpass our expectations on humans, well probably that could be the end for human's roles in trading. Although we always believe that human intelligence is better than AI or any trading bots, but we really don't know what they are capable in the future. AI's development is in progress and we are all aware about that. Although I personally do not believe that there can be 100% accurate trading decisions, whether from humans or AI, because there are many factors that can suddenly change the market and mix the cards so that it becomes very difficult to predict the market accurately.
However, AI is developing so rapidly that it will become a great competitor to humans and may surpass it by several stages.
December 18, 2023, 11:52:01 AM
But how much supervision do you think sophisticated bots require to make trading decisions effectively?
AI and bots are meant to automate the process of trading and help a trader spend lesser time trading or monitoring charts because a bot or AI has eased up the process for them, so not so much supervision will be required. And how long do you think it'll take to get to the point where AI doesn't need that supervision?
It may never get to this, it is something meant to make you money, so it cannot go unsupervised or unmonitored. If you do not supervise or monitor your trading bots or AI, you will never know when they start having errors and making mistakes.
December 18, 2023, 11:47:28 AM
I know my answer but I'm just trying to figure out where you guys stand on AI and crypto trading. The usual argument against AI is it can't make nuanced decisions - at least for now. But how much supervision do you think sophisticated bots require to make trading decisions effectively? And how long do you think it'll take to get to the point where AI doesn't need that supervision?
I don’t think we should completely allow AI to trade on behalf of us. After all it’s a bot/machine. We can’t just leave our all hard earned money relying on an AI. Yes we can use AI to do analysis of the market and to do calculations or projections. But completely relying on it, and allowing it to trade is still very risky. I think human interaction is necessary when you do a trade in the market.Actually, AI will just do what you program on it which is efficient imho because your feelings will not be a hindrance on the decision making for trade but rather jsut rely on the given rules set on the AI.
AI is good tool on trading because it can monitor your trade 24/7 unlike you doing it manually looking on the chart waiting for price action. I’m using bot trading right mow for DCA purposes to purchase whenever a token drop a certain percentage. I think AI will be better in the future if it can be program like peo that depends on technical and fundamental analysis.
December 18, 2023, 11:36:35 AM
I know my answer but I'm just trying to figure out where you guys stand on AI and crypto trading. The usual argument against AI is it can't make nuanced decisions - at least for now. But how much supervision do you think sophisticated bots require to make trading decisions effectively? And how long do you think it'll take to get to the point where AI doesn't need that supervision?
I don’t think we should completely allow AI to trade on behalf of us. After all it’s a bot/machine. We can’t just leave our all hard earned money relying on an AI. Yes we can use AI to do analysis of the market and to do calculations or projections. But completely relying on it, and allowing it to trade is still very risky. I think human interaction is necessary when you do a trade in the market. 
December 18, 2023, 09:09:45 AM
I don't know why people want to make AI the one controlling their trading. Because as far as I know, AI is not as intelligent as people say, it is just code written by intelligent people who can process information and provide results according to their analysis. So the results offered by AI are based on the limited information it receives. While not all information is available online, there are sources of information that cannot be accessed by AI, trader experience, technical analysis, and other factors that make individual trading much better than what AI can offer.
But maybe it would be no problem to use AI as a trading assistant, either to remind you to enter the market, to make deposits, and other things related to trading.
If you can integrate part of AI in your trading activity, that would be better. But never completely rely on AI alone as its still unreliable when it comes to future predictions and decision making. Human intelligence is still at its utmost importance, while AI can only be useful in some aspects in trading.But maybe it would be no problem to use AI as a trading assistant, either to remind you to enter the market, to make deposits, and other things related to trading.
However, we still don't know what will be the future capabilities of using AI into trading, but for now using AI creates some risk, so you need to apply human intelligence in most of your trades to increase rate of positive outcome.
December 18, 2023, 08:58:24 AM
Using AI to predict the crypto price for trading isn't an ideal one.
But if you say AI can be used as a tool in trading might sound good.
In predicting the crypto price, there are too many factors to consider for us as a trader, using FA and TA would be the very common ones.
But AI relies only on historical data for training and has a limited dataset. So, I don't believe or use AI in predicting price but as a tool in trading, it would be.
It's not ideal for us who think that we are better than those AI's, but ideal for those who don't believe on their selves. AI being a tool in trading is I think possible and in fact it might have been invented long time ago and we are already using it, but we don't know because makers of it didn't also tell us.But if you say AI can be used as a tool in trading might sound good.
In predicting the crypto price, there are too many factors to consider for us as a trader, using FA and TA would be the very common ones.
But AI relies only on historical data for training and has a limited dataset. So, I don't believe or use AI in predicting price but as a tool in trading, it would be.
We only started to get aware of it during the hype of AI's. Apart from the historical data, the AI's can also scan the people's prediction that are posted online. AI's are being updated from time to time, so that their data set will not be limited. I'm not encouraging you or anyone here to use it for predicting, but just continue if where you think you are comfortable with.
December 17, 2023, 08:23:17 PM
Using AI to predict the crypto price for trading isn't an ideal one.
But if you say AI can be used as a tool in trading might sound good.
In predicting the crypto price, there are too many factors to consider for us as a trader, using FA and TA would be the very common ones.
But AI relies only on historical data for training and has a limited dataset. So, I don't believe or use AI in predicting price but as a tool in trading, it would be.
I think in my opinion AI can be used to learn TA and use it to analyse current chart, therefore it more or less helps in doing the heavy workload that many trader are currently doing and whether to proceed with the result of analysis or not it all depends on the one that trades, some might even try to totally automate the AI for trading regardless of the result because we will find out the result of using AI after doing some serious amount of trades with the AI itself, considering that TA chart and pattern reading aren't that dynamically changing I believe this could be done.But if you say AI can be used as a tool in trading might sound good.
In predicting the crypto price, there are too many factors to consider for us as a trader, using FA and TA would be the very common ones.
But AI relies only on historical data for training and has a limited dataset. So, I don't believe or use AI in predicting price but as a tool in trading, it would be.
regardless though what important in trading is the profit and right now we don't even know how these AI can contend against sudden market manipulation of pump and dump group because if this can't make decision that a human can make, then it'd instead gonna make the one that runs the AI for trading experience huge amount of losses.
December 17, 2023, 07:00:01 PM
Using AI to predict the crypto price for trading isn't an ideal one.
But if you say AI can be used as a tool in trading might sound good.
In predicting the crypto price, there are too many factors to consider for us as a trader, using FA and TA would be the very common ones.
But AI relies only on historical data for training and has a limited dataset. So, I don't believe or use AI in predicting price but as a tool in trading, it would be.
But if you say AI can be used as a tool in trading might sound good.
In predicting the crypto price, there are too many factors to consider for us as a trader, using FA and TA would be the very common ones.
But AI relies only on historical data for training and has a limited dataset. So, I don't believe or use AI in predicting price but as a tool in trading, it would be.
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