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 487 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.
December 17, 2023, 04:50:43 PM
Currently, in this digital world, most AI is being used only for the purpose of predicting all things. But now a lot of things are being done by this AI and easily people are doing their tasks which they are getting solved by this bot. But how true this AI can tell about crypto trading is very difficult to say because it might not be possible for AI to do it. If AI was used in trading then people would have become millionaires and big men by now but till date I have not seen anyone trading using it. Trading using AI may not give accurate predictions due to which users do not trust these predictions. I think trading by AI is not successful, and it can't predict and AI provides better solutions for other tasks.
The AI was the advantage to many field,but my personal opinion is the AI will not applicable to the bitcoin and cryptocurrency trading.Because the market of crypto currency was unpredictable one in long term,So the trader should do the trading by the manual analysis of the market flow.If AI is enough to make money in the crypto trading means all the people will start to do the crypto trading and they won’t go to their regular job.The trader should spend some time to analysis the price movement in the past and current market.
What we are seeing is that as more AIs are trading the markets, making profits in them is becoming harder as the level of the competition is raising, which in turn requires a better AI in a never ending cycle, so it would not surprise me if in the future the question was how much AI supervision needs a human so they can trade this market? As even if an AI was not as adaptable as a human, its ability to take decisions in a split of a second is simply too good for most humans to overcome.
The AI was supervising many fields including IT sector by the automation of manual tasks.But the current crypto market trading can’t be done using the available AI tool,may be in future some one will discover the exact AI which give profit by doing the trade in automation.But the trader can use their own skills to earn in the current crypto currency trading.
December 17, 2023, 03:07:31 PM
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?
AI is artificial intelligence which cannot actually make itself smarter and all the decisions made by AI are currently 100% programmed by its creator. Well in trading, AI usually becomes a bot to help traders buy or sell automatically and usually many beginners use AI bots to help them in their trading activities. For the development of AI in the future, i think it will not be dangerous for humans but quite dangerous for traders who are dependent on using AI, even though AI can make us execute more quickly and automatically, AI can make us lose more quickly because AI has no feelings in trading, that's a weakness that will always exist in AI trading bots. December 17, 2023, 02:09:08 PM
If the AI model employed in trading can learn actively while it is trading, I can say that very minimal human supervision is needed to make sure that it stays profitable. AIs nowadays are intelligent enough to learn autonomously after being given parameters on what it should learn and what its goals should be. Every now and then, humans can intervene and fine-tune the AI, but yeah, they can do quick, on the fly decisions that most humans cannot.
Then again, a lot of traders have tried using AI alone in trading to prove a point. Even AIs get the brutal reality that trading is really, really hard and requires quick thinking and spotting trends and patterns that even experienced humans miss.
What we are seeing is that as more AIs are trading the markets, making profits with them is becoming harder as the level of the competition is raising, which in turn requires a better AI in a never ending cycle, so it would not surprise me if in the future the question was how much AI supervision needs a human so they can trade this market? As even if an AI was not as adaptable as a human, its ability to take decisions in a split of a second is simply too good for most humans to overcome. Then again, a lot of traders have tried using AI alone in trading to prove a point. Even AIs get the brutal reality that trading is really, really hard and requires quick thinking and spotting trends and patterns that even experienced humans miss.
December 13, 2023, 04:47:19 PM
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?
Currently, in this digital world, most AI is being used only for the purpose of predicting all things. But now a lot of things are being done by this AI and easily people are doing their tasks which they are getting solved by this bot. But how true this AI can tell about crypto trading is very difficult to say because it might not be possible for AI to do it. If AI was used in trading then people would have become millionaires and big men by now but till date I have not seen anyone trading using it. Trading using AI may not give accurate predictions due to which users do not trust these predictions. I think trading by AI is not successful, and it can't predict and AI provides better solutions for other tasks.which would really be far superior to humans (just like on what we are seeing on movies). If you do make yourself having that kind of expectation then better not and you would really be just that simply
making yourself that frustration or failed up basing up into those things on which you do really believe that it could exist. Just like on what the rest been saying that every information and things been
said and given out then it would really be that basing up on the informations that had been feed out.
AI for trading? It would be something useful if we are really that making use of those tools when it comes on tracking out previous prices or what are those correlated information
with it but in speaking about on trying to rely on what are the price recommendations or something in relation to it then i dont see for it to be accurate.
There's no way that you could really be able to say that it would really be something relevant and effective most of the time.
December 13, 2023, 02:37:36 PM
If the AI model employed in trading can learn actively while it is trading, I can say that very minimal human supervision is needed to make sure that it stays profitable. AIs nowadays are intelligent enough to learn autonomously after being given parameters on what it should learn and what its goals should be. Every now and then, humans can intervene and fine-tune the AI, but yeah, they can do quick, on the fly decisions that most humans cannot.
Then again, a lot of traders have tried using AI alone in trading to prove a point. Even AIs get the brutal reality that trading is really, really hard and requires quick thinking and spotting trends and patterns that even experienced humans miss.
Then again, a lot of traders have tried using AI alone in trading to prove a point. Even AIs get the brutal reality that trading is really, really hard and requires quick thinking and spotting trends and patterns that even experienced humans miss.
December 13, 2023, 02:12:03 PM
I feel like AI trading is not feasible at all, I understand some people think that it's possible, after all what is the AI we have right now but machine learning, you give EVERY price point and data to AI and it learns and makes trades based on the past, deciding what follows after what and so forth. However, the thing that breaks it is the fact that just because Y happened after X in the past, and maybe 10 times, doesn't mean it will happen an 11th time, may never happen again.
AI is not ready for that, it knows what to do when something happens, and if the result is not the same then I am sorry but it will keep on failing until it learns the new way. This is why I would never allow AI to trade on my behalf, it is not going to work, even if it works for a while during the bull run and give people some hype, it is going to end up being much worse during the bear period as well, so we need a ton of human supervision to make it work and make some money with it.
AI is not ready for that, it knows what to do when something happens, and if the result is not the same then I am sorry but it will keep on failing until it learns the new way. This is why I would never allow AI to trade on my behalf, it is not going to work, even if it works for a while during the bull run and give people some hype, it is going to end up being much worse during the bear period as well, so we need a ton of human supervision to make it work and make some money with it.
December 13, 2023, 09:47:52 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?
Currently, in this digital world, most AI is being used only for the purpose of predicting all things. But now a lot of things are being done by this AI and easily people are doing their tasks which they are getting solved by this bot. But how true this AI can tell about crypto trading is very difficult to say because it might not be possible for AI to do it. If AI was used in trading then people would have become millionaires and big men by now but till date I have not seen anyone trading using it. Trading using AI may not give accurate predictions due to which users do not trust these predictions. I think trading by AI is not successful, and it can't predict and AI provides better solutions for other tasks. 
December 13, 2023, 08:57:44 AM
At least until AI can provide instructions or can do what we ask without needing supervision, but we don't know when that will happen. Currently, there are still many developers who are still researching AI so that it can be useful for humans.
A sophisticated bot does not take a long time to make trading decisions. Bots can run by themselves and collect accurate data from various sources. So we have to wait for the final result. Now there is AI that can help us in trading, but we are still the ones giving the orders.
We should wait for notification from the developers. Perhaps it won't be 5 years before there will be AI that can really help us in trading. But it would be better if you could learn analysis so that you are not too dependent on AI.
A sophisticated bot does not take a long time to make trading decisions. Bots can run by themselves and collect accurate data from various sources. So we have to wait for the final result. Now there is AI that can help us in trading, but we are still the ones giving the orders.
We should wait for notification from the developers. Perhaps it won't be 5 years before there will be AI that can really help us in trading. But it would be better if you could learn analysis so that you are not too dependent on AI.
December 12, 2023, 10:47:02 PM
[...]
And how long do you think it'll take to get to the point where AI doesn't need that supervision?
As a rule, AI no longer needs supervision even now. There was a very interesting experiment on this ... an AI was trained to shoot down airplanes under the guidance of a supervisor. After the training phase, the AI was asked what it would do first to improve. Its answer: "Kill the supervisor" And how long do you think it'll take to get to the point where AI doesn't need that supervision?
To be honest, I also don't understand what AI is supposed to do in the trading sector:
- Most of the data is very outdated
- AI cannot predict the future ...
- ...If it does, bots will exploit this so quickly that it will once again just be a question of who programs the fastest bot - as is already the case with arbitrage trading.
This is the main reason on why i dont really believe that AI+human integration would really be that able to resolve out such thing or having that supervision would be completely be wiped out or would be AI integrated thing on which been said that there's no way that AI could predict the future.Hence, information that been given out are basing on the things that happened in the past which its been stored into its library
on which it would really be just that normal that they would really be giving out responses basing up into those informations that had been feed out. It cant really just that be able to do things
which is really that out of its touch or something that cant be possible.
AI's existence is really that revolutionary but we do know that there are things which it is really just that good for such area but cant realyl be able to touch up
other key areas on which it isnt something that relevant no matter how advanced it would be. It would be always basing up into its data feed.
December 12, 2023, 11:05:58 AM
The only advantage AI has on humans in trading is not having an emotion. People might say that AI has better decision making because of the reason that there are no emotion involve, so it can execute exactly what it's programmed. Traders who are being controlled by their emotion can't execute well in their trades and this is one of the reason why they encounter losses. Does this mean that AI is better than human? I disagree. It doesn't matter how much human supervision AI had, it can't surpass human trading.
December 12, 2023, 10:39:47 AM
How much human supervision do you believe AI needs for crypto trading?
Chatbot/AI is a form of programming by humans in the sense of simulating things that have happened or things that have happened, AI is programmed for voice or text, so never use AI in carrying out crypto trading activities, even though the technology used is sophisticated.My understanding is that there is no definite supervision for AI in justifying crypto trading, AI cannot perform tasks that have not yet occurred, such as Bitcoin price movements in seconds/minutes/hours and so on, If you don't want to lose more from crypto trading, don't ever use AI, trade using your own analysis and instinct.
December 12, 2023, 02:36:04 AM
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Unlike humans, there is mixed emotion when performing an actual trade on an exchange platform and analysis, which is also called; unlike AI, there is no such character that can do what is really programmed; that is all he can do. Because AI does not know which is right or wrong.In short, I still don't rely on AI for trading, maybe in the future, because there is a possibility that as technology keeps on advancing, it's not bad to follow and use trading bots these days, as your trade is at your own risk.
December 11, 2023, 08:54:24 PM
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?
First of all, when it comes to prediction here in crypto trading, even in forex trading, it is no longer the same as human prediction. In short, AI cannot make predictions in crypto trading because it can only do what is programmed.
Unlike humans, there is mixed emotion when performing an actual trade on an exchange platform and analysis, which is also called; unlike AI, there is no such character that can do what is really programmed; that is all he can do. Because AI does not know which is right or wrong.
December 11, 2023, 05:37:12 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?
Can AI read articles on bitcoin media and analyze them? Can AI understand what effect will Elon Musk's tweets have on crypto market? Can AI understand what effect will El Salvador's actions have on crypto market? AI can't understand, even a human can't understand with certainty the result of certain activity. I think that AIs are algorithms that follow certain strategy and not an intelligence, at the moment AI isn't very advanced.Btw if we achieve a level of AI development where AI will be able to analyze many things and form its own opinion or make a decision, then if we use those AIs in trading, do you think that everyone will profit? Someone has to lose in order to win. AI vs AI looks too curious for me.
December 11, 2023, 04:08:27 AM
[...]
but make no mistake an advanced AI can trade the markets without the supervision of a human, it is just that we do not have access to that technology, and it is unlikely that we will as who will give away the technology to make themselves a fortune on the markets.
This is already happening. The bots that execute the orders are also completely unsupervised and act at their own discretion. This has already led to flash crashes on the stock markets, when bots have spiraled into a cascade of selling. but make no mistake an advanced AI can trade the markets without the supervision of a human, it is just that we do not have access to that technology, and it is unlikely that we will as who will give away the technology to make themselves a fortune on the markets.
AI is a great buzzword here, but ... what do you expect from AI in this context?
The bots are already very advanced and can react to market situations almost in real time and make decisions independently. AI would hardly bring any improvements here, especially since they are usually trained on very old data.
December 10, 2023, 01:53:04 PM
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 do not know why people assume AI has not been around the markets for decades now, I can assure you trading firms have obtained that technology long ago and they have been improving their algorithms for a long time now, it is just that now thanks to the new interest and fears that AI has generated people are giving it more attention, but make no mistake an advanced AI can trade the markets without the supervision of a human, it is just that we do not have access to that technology, and it is unlikely that we will as who will give away the technology to make themselves a fortune on the markets. December 10, 2023, 01:48:33 PM
[...]
machine can not make decision in accurately, people's are trying to get new experience by using ai tools.
That's not true, no. Algorithms and bots play an incredibly important role in trading, both on traditional stock markets and here in the crypto trading sector. It even goes so far that the best arbitrage algorithms (i.e. those that are the fastest) change hands for incredibly large sums of money. This even goes as far as that around 70% of all executed trades are done by bots nowadays: machine can not make decision in accurately, people's are trying to get new experience by using ai tools.
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Algo trading bots, or algorithmic trading robots, are computer programs that use complex algorithms to rapidly buy and sell stocks on the financial markets. Today, over 70% of all trades are made by algo bots, and they're reshaping how the markets function.
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Machines are simply much better traders than humans, if only because they are not influenced by emotions. What machines are not (yet) so good at, however, is recognizing large correlations at a glance and drawing conclusions from them, e.g. when analysing charts from the past. Here, however, I think AI-based algorithms could definitely be an asset in the foreseeable future.
December 10, 2023, 01:12:15 PM
The AI bots are very efficient and accurate. Because theses bots are trained by machine learning algorithms to analyze what is the best decision at the run time.
I tried the bots for trading. Their performance is very good. Now, there are many crypto currency exchanges that are providing bots trading.
although i have not yet experienced with ai bot trading so i have no own opinion that can i share with you, but i have heard from many that is not still plays vital role in trading, I tried the bots for trading. Their performance is very good. Now, there are many crypto currency exchanges that are providing bots trading.
machine can not make decision in accurately, people's are trying to get new experience by using ai tools.
December 10, 2023, 09:58:02 AM
AI isn't perfect. You'll still see some nuances about the details or information that it is providing. While I am not that type of person that worshiping it but I guess that most of these techs are still in need of an "operator" behind it. It's different from the developers of it but soon, with the guidance of these operators like developing them into actual trading since we've got already bots that does the trading easy.
If it's about the decision making and doing all analyses and strategies, there's still some gray area on that. We may see it soon or there's still not enough resources to develop one that can make us all rich and will all rely our trades to them.
Like we just fund our trading accounts and they'll do the trading for us and make that million bucks in less than a month, sounds interesting but kind of too good to be true.
If it's about the decision making and doing all analyses and strategies, there's still some gray area on that. We may see it soon or there's still not enough resources to develop one that can make us all rich and will all rely our trades to them.
Like we just fund our trading accounts and they'll do the trading for us and make that million bucks in less than a month, sounds interesting but kind of too good to be true.
December 10, 2023, 09:30:53 AM
The AI bots are very efficient and accurate. Because theses bots are trained by machine learning algorithms to analyze what is the best decision at the run time.
I tried the bots for trading. Their performance is very good. Now, there are many crypto currency exchanges that are providing bots trading.
Trading with AI is very positive and it all depends on how we want it. We can make money by trading in the market with the use of artificial intelligence but this kind of trades is only for the sport Market since it does not involves trading the future. One of the problems artificial intelligence can Encarta is predictions which might not be accurate but what is needed is for us to know how we are going to adjust our trades and make sure we do the normal thing. I tried the bots for trading. Their performance is very good. Now, there are many crypto currency exchanges that are providing bots trading.
December 09, 2023, 01:46:54 PM
As a rule, AI no longer needs supervision even now. There was a very interesting experiment on this ... an AI was trained to shoot down airplanes under the guidance of a supervisor. After the training phase, the AI was asked what it would do first to improve. Its answer: "Kill the supervisor"
Ahh, So evil haha, TBH AI is interesting the duplication model just outpasses the very outcome and currently I think we are playing under a controlled environment, any upgrade from this level will bring some unwanted results with AI. In trading, AI bots i think that will just lead the market to lose its natural flow.
To be honest, I also don't understand what AI is supposed to do in the trading sector:
- Most of the data is very outdated
- AI cannot predict the future ...
- ...If it does, bots will exploit this so quickly that it will once again just be a question of who programs the fastest bot - as is already the case with arbitrage trading.
Exactly, I think the same what maximum it can do is assist in technical analysis and manage the data and indicators for use more effectively, in taking positions it can help if it will, but that will only destroy the market behaviors.
Ai can give the speculations based on the TA, but the efficiency will be uncertain. AFAIK the efficiency will increase with he upgrades in the training models.
December 09, 2023, 01:10:12 PM
The AI bots are very efficient and accurate. Because theses bots are trained by machine learning algorithms to analyze what is the best decision at the run time.
I tried the bots for trading. Their performance is very good. Now, there are many crypto currency exchanges that are providing bots trading.
I tried the bots for trading. Their performance is very good. Now, there are many crypto currency exchanges that are providing bots trading.
December 09, 2023, 12:51:02 PM
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 am not an expert trader so I will not expect some top-level analysis or profit-making technique from AI bots that I can recognize as a legit one. If I had some basic knowledge which I have then I might judge the results of AI bots, or AI chats that help us to make a trade. My point of view with these AI bots is a little different, which is, that they can't be used without human supervision, we at least have to give input and without input, we can't get output.And input can't be made automated. So, we have to get involved whether we are using AI or not. I did not use AI tools for trading, but I did try an AI chatbot to get results for trading, but almost every nontrading bot like Chatgpt or Google Bard will say they can't give you any financial advice. While a trading bot might give you useful insights but only ones to give you some ideas to do research. I think AI bots would give us tokens out of every other token that existed with filters like EMA, RSI, etc., and should give us the proper reason.
December 09, 2023, 12:21:44 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.
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 09, 2023, 11:50:05 AM
A lot? I personally don't use trading bots and definitely not AI for trading, but I don't think it'll be that far off. Traders are just going to use AI as a supplementary tool — not necessarily something to make independent decisions.
December 09, 2023, 11:12:16 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.
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.
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December 09, 2023, 10:36:08 AM
There's a bot on some CEX that doesn't actually make the trading decision, but rather you have to configure the bot on which price it should buy a coin of your choice, and you are also to add the amount that is to be spent in the trade. I have not seen any bots make more successful trades while trading on leverage. If you can't have a bot that does the job better than a human, then you don't have to rely on a bot. The cryptocurrency market is just so unpredictable, and even with the tools that traders use to analyze the market, they have not been able to know every direction of the market. Unless a bot is designed to make accurate predictions of the market movement, it will not be able to make very successful trades at all time.
December 09, 2023, 10:03:12 AM
[...]
And how long do you think it'll take to get to the point where AI doesn't need that supervision?
As a rule, AI no longer needs supervision even now. There was a very interesting experiment on this ... an AI was trained to shoot down airplanes under the guidance of a supervisor. After the training phase, the AI was asked what it would do first to improve. Its answer: "Kill the supervisor" And how long do you think it'll take to get to the point where AI doesn't need that supervision?
To be honest, I also don't understand what AI is supposed to do in the trading sector:
- Most of the data is very outdated
- AI cannot predict the future ...
- ...If it does, bots will exploit this so quickly that it will once again just be a question of who programs the fastest bot - as is already the case with arbitrage trading.
December 09, 2023, 09:55:55 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?
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