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Topic: Trading and AI - page 2. (Read 254 times)

legendary
Activity: 2338
Merit: 1084
zknodes.org
November 04, 2020, 10:11:31 AM
#14
Trading combined with AI technology is indeed a good project and is an advancement in trading science. However, some of the new platforms that carry AI technology in trading are still not successful. There are several bugs that need to be fixed to improve this AI technology. AI in trading also cannot replace the more rational human mind. Ai technology is only a helper for trading by seeing various kinds of trending on the internet and the data will be processed by AI. AI trading is a technology that we cannot refuse, however this technology will develop and become an option for us as traders, whether to use it or not.
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
November 04, 2020, 10:04:16 AM
#13
....

...

It's already here in traditional finance, why not in the crypto market?

Banks, traders, and institutional investors use artificial intelligence and High Trading frequency. (I remember a story in which the trader had stolen the algorithm from his job, and they had specified that its value was several million dollars).
JPMorgan has its own robot forex AI since 2017 as an example and in the near future, AI in forex will dominate the market.

AI+ML+Big data is now the race and will be the standard

This is something that we will see happening in crypto as well, so don't get lured about it. For us small users who don't have access to such resources, it will be impossible to fight against it, they will be the ones who will get rich from trading. It will also be the open door to anti-competitive practices and many other problems/ethics

copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
November 04, 2020, 09:19:43 AM
#12
Here from my opinion and past project about AI & Trading.

IMO, a project who offering AI was really bullshit because they can't really show up about AI Technology and almost all the projects ended with failure or maybe scam.

Not bullshit, it's just hard to attain this kind of objective. This idea seems not realistic on the current resources of anyone on crypto world but soon it will be successfully invented since most of the trading tool are coded already and can be implemented to an AI. I remember that I invested to an AI project that determines the price spread on different exchange, then you can arbitrage trade using there bot.

Sadly they decided to abandon the project because the maintenance and resources cost is too much for them to continue. But in general, This AI application on trading is a very good idea. It can save a lot of money from newbie trader.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
November 04, 2020, 09:05:51 AM
#11
Would love to find out more about your AI.

How would an AI tell when a whale will dump on the market?

I think AI can not do that in this era because AI is a new technology that is still developed unless we have a modern technology about AI like what we see in the IRobot. It still needs more time to see the AI will be like that, but I don't think that the AI can predict when the whale will pump and dump the market. The bot can gather the news, but the robot can not execute the command without giving input to the robot. I doubt that that technology can predict accurately.
sr. member
Activity: 2590
Merit: 322
SOL.BIOKRIPT.COM
November 04, 2020, 02:41:58 AM
#10
Automation of trading with the aid of AI will fail it can never be perfect, other tools like Bots, EAs failed because of some underlying factors which is incomprehensible to these tools.
 Fundamental news will always have significant impact on prices, how does AI capture and programmed it to make profits? absolutely it going to fail in the long run, trading requires human input in most cases, that is why manual trading tends to have an edge over other trading systems.
newbie
Activity: 3
Merit: 0
November 04, 2020, 02:29:06 AM
#9
Would love to find out more about your AI.

How would an AI tell when a whale will dump on the market?
hero member
Activity: 1806
Merit: 672
November 03, 2020, 06:13:09 PM
#8
By how you describe the AI technology this company has it only compiles all the financial data for the analyst and is not doing the analyst for him, basically for a trader it will only save time for what he is looking for but the AI itself won't be doing the buy and sell decisions in the market this kind of technology has been existing even in the past so I don't think it will give any kind of significant edge for any trader. Besides that if we are talking about an AI that does the buying and selling for the investor won't it just cross out the advantage if everyone is using it? It will just basically remove any kind of edge for any user if they are doing the same trades made by an AI.
hero member
Activity: 2310
Merit: 886
November 03, 2020, 06:11:41 PM
#7
Okey, let's imagine that AI can understand and analyze the news that's published on website, what kind of impact that news will have on prices, etc. Also let's imagine that it can analyze charts, financial data and many other things (these mathematical things sounds 100% real and imaginable). But AI can't understand that it's AI and human can analyze that it's AI and programmed and it's much easier to human to look at it's behaviours and analyze it's data and then make movements that will be out of logic for AI. The human brain is awesome and unique. You can't integrate dopamine, serotonin, gaba receptors and other hormones that have a huge impact on person's behaviours and emotional intelligence.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
November 03, 2020, 05:18:58 PM
#6
I want to see how it works first before giving a comment.

In that trial and actual demo, we can have a thought of which is and which is not to be added as a feature. It's undeniable that we're in a modern-day and with technology, anything can happen.

But to see the real operation of that AI will make us think if it's plausible, good or not.
sr. member
Activity: 2226
Merit: 347
November 03, 2020, 02:06:01 PM
#5
Here from my opinion and past project about AI & Trading.

IMO, a project who offering AI was really bullshit because they can't really show up about AI Technology and almost all the projects ended with failure or maybe scam. Even there still has some project who offering an AI for helping you trading, its doesn't really help at all the worst scenario makes you lose on the trade. And guss whats? they still ask you to pay for their service even you are losing a lot, because of that's my self not really believe in AI.

You are definitely right on this one thats why majority of them do really failed up and being ignored once a new projects do pop out and just offering the same thing.
If those AI's do really work then they wont really be ending up on offering it to public and asking for some sub fees or whatsoever but instead they would just make
use of those and make theirselves profitable in the first place.With simple logic you had then you would really realize on that it isnt really worth for ourselves
to take up some consideration on dealing with these things but for automation purposes then there are lots which are totally free of charge.
full member
Activity: 798
Merit: 116
November 03, 2020, 01:52:58 PM
#4
It seems to me that trading using artificial intelligence is not something that can completely replace a person. I am still sure that artificial intelligence in trading at the moment is the same bots that were used for trading earlier, but more advanced.

Now they have grown a little wiser. But not enough to completely replace a human - control is still needed over them. Although the idea itself, I certainly like it, and I think that over time, AI algorithms will become much more perfect.
hero member
Activity: 2086
Merit: 603
November 03, 2020, 11:19:05 AM
#3
I don't believe in the idea of AI playing trading tricks for the humans.

First thing and most important:- Managing an AI comes with a cost of big stash of green bill! It's just impossible to dedicate an AI computer just for the purpose of making prediction over trading.

There is no summation here about the fees and maintenance cost that would be required by AI.

If you talking about the Bot Trading, then that would be completely different structure. It's NOT an AI. Bots are foolish in making decisions since they only rely on one fact and that's volume, past and present trends but with poor functionality of course.

It's a vague idea to develop an AI for this purpose. If a computer starts playing the game then what the heck humans would do?  Grin Tongue

legendary
Activity: 2450
Merit: 1225
November 03, 2020, 08:29:03 AM
#2
Here from my opinion and past project about AI & Trading.

IMO, a project who offering AI was really bullshit because they can't really show up about AI Technology and almost all the projects ended with failure or maybe scam. Even there still has some project who offering an AI for helping you trading, its doesn't really help at all the worst scenario makes you lose on the trade. And guss whats? they still ask you to pay for their service even you are losing a lot, because of that's my self not really believe in AI.
newbie
Activity: 28
Merit: 0
November 03, 2020, 07:44:50 AM
#1

Through its acquisition of Neurensic, Trading Technologies now has an AI platform that identifies complex trading patterns on a massive scale across multiple markets in real time. Combining machine learning technology with high-speed, big data processing power, the company provides clients with an ongoing assessment of compliance risk.
AI for trading uses speech recognition and natural language processing technology to save traders time searching through conversions, financial data and notes. With the company’s platform, financial professionals are using AI to sift through, and access, notes, market insights and trending companies in real-time
Another method of AI trading II has three “engines”: a strategy engine that observes and analyses potential trades; an order engine that creates orders and performs operational actions; and a logical engine that handles active orders and uses machine learning to improve its performance.۱۴:۳۰

what is your Idea on this? Do you agree?
waiting to hear from you
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