Topic: Would you use AI trading assisting tools? (Read 351 times)
If you are using an AI for bots purpose such as AI bot trading to make your daily trading easier then it should be okay since you are actually put some parameters into that bot depends on your trading style and stuff, but if you are just using AI to rely to them for their picks because they don't have "emotions" then I think you are doing something wrong. I would prefer to use my own skills instead of relying on AI.
I have confidence in my own trading experience so I’ve decided not to use bots or AI trading. Although they can be effective for some most particularly for those who have high experience in trading but certainly not for beginners or those who are still focus on their self-trading. However, they can be effective but not in a sustainable and reliable means because we know probably how the trading market changes its condition. Because of its highly volatile feature, it’s best to learn and focus on self-trading so that whatever the market condition will be, you will still be capable make your trades favorable and profitable in the end.
Maybe I'll try to trade using the AI mentioned by @OP. But if after trying out the AI, I see similarities to using bots as we know them, I'd still prefer to trade manually.
Using AI is fine if you know how to run AI, bots, or other tools. And before you can master it well, you must practice using the AI or bot properly. For now, the forms of AI that we encounter may still be like bots, where we have to enter commands so that AI or bots can execute them.
But AI itself means artificial intelligence. And that means the AI can trade without any complicated orders that we give and the AI can look for coins that have the opportunity to go up in the short, medium, or long term. But the development of AI has not reached that stage yet.
Using AI is fine if you know how to run AI, bots, or other tools. And before you can master it well, you must practice using the AI or bot properly. For now, the forms of AI that we encounter may still be like bots, where we have to enter commands so that AI or bots can execute them.
But AI itself means artificial intelligence. And that means the AI can trade without any complicated orders that we give and the AI can look for coins that have the opportunity to go up in the short, medium, or long term. But the development of AI has not reached that stage yet.
TBH, I'm one of the many traders out there who end up losing their money in trading.
Now with regards to AI assisting tools, I might give it a try, and if I see that I'm profiting while using it then why not. I mean it lessens your stress, it would be easier for you to trade because there is somebody that will help you. The question is, is there some AI tools out there who can assist those traders, and transform them from unprofitable traders to a profitable one? If there is, maybe you can share it here, so we can benefit from it.
On the other hand, I'm pretty sure there are some that will say here that they don't need AI because they can be profitable in trading without using it. It's fine, and congratulations to you because you are profiting without the use of AI, but there are many including me who can't be. I don't know what's the problem within me, but AI certainly helps me with my trading decisions "IF THERE IS ONE." With AI growing, and evolving at such a rapid pace, I will not be surprised if there will be AI tools out there who can be better than trading bots that we are using right now, and just let them trade for you. I know it might sound impossible, but nobody foreshadowed a few years ago that a thing called "ChatGPT" will be created.
Now with regards to AI assisting tools, I might give it a try, and if I see that I'm profiting while using it then why not. I mean it lessens your stress, it would be easier for you to trade because there is somebody that will help you. The question is, is there some AI tools out there who can assist those traders, and transform them from unprofitable traders to a profitable one? If there is, maybe you can share it here, so we can benefit from it.
On the other hand, I'm pretty sure there are some that will say here that they don't need AI because they can be profitable in trading without using it. It's fine, and congratulations to you because you are profiting without the use of AI, but there are many including me who can't be. I don't know what's the problem within me, but AI certainly helps me with my trading decisions "IF THERE IS ONE." With AI growing, and evolving at such a rapid pace, I will not be surprised if there will be AI tools out there who can be better than trading bots that we are using right now, and just let them trade for you. I know it might sound impossible, but nobody foreshadowed a few years ago that a thing called "ChatGPT" will be created.
Increased adoption of crypto has given way to more investors and traders trooping into the space to explore the vast opportunities. While crypto trading may be lucrative, only a few section of traders record significant profit consistently, largely because of the ambiguous nature of analysing charts and keeping tabs on cryptocurrencies.
In recent times we’ve seen traders opt for different trading tools and bots to raise their efficiencies and maximise their profits, but are they really effective compared to self-trading? I recently got wind of Aimbot as Bitget announced its listing, seeing it is one of those projects that promises to aid traders achieve improved results I decided to research and learn from the more experienced traders if they’ve researched this project, and their bias on AI trading assisting tools like this one.
In recent times we’ve seen traders opt for different trading tools and bots to raise their efficiencies and maximise their profits, but are they really effective compared to self-trading? I recently got wind of Aimbot as Bitget announced its listing, seeing it is one of those projects that promises to aid traders achieve improved results I decided to research and learn from the more experienced traders if they’ve researched this project, and their bias on AI trading assisting tools like this one.
AI is a fancy algorithm. That is it, really. It is not real human intelligence, it just mimics human intelligence. Why would I want to trust something like that with my money? And if it was as profitable as some people imagine, where are all the AI-trading billionaires?
From my own subjective point of view, for the maximum profits, there is no best software to look after your trades, but rather you should be trusting your wetware (Brain) to do that for you.
Sure there might be AI tools which are helpful and maybe even generate a steady small profit over time, but the human brain is something that will beat that AI every time. I do agree that not everyone wants to learn how to trade or spend their time on trading, so those kind of people might be the ones who see such tools as most helpful.
I will use these kinds of tools as long as they will make my life easier but will not eat the opportunity of me learning.
There are some tools these days that will be 100% automated but you don't have any more room to learn especially in trading, I really want to learn trading while using this automation.
Having AI to assist you in trading, will help your decisions and could help reduce risk.
There are some tools these days that will be 100% automated but you don't have any more room to learn especially in trading, I really want to learn trading while using this automation.
Having AI to assist you in trading, will help your decisions and could help reduce risk.
Giving an exact answer as to whether a technology in its use is more effective, only depends on a serious and highly reliable study, if it does not exist it is to fall into conjecture.
How they always mention "a vast majority lose money..." ok a vast majority make profits.
Everyone must use these tools and draw their own conclusions, it is as easy as what you mention, growth or access to crypto trading.
How they always mention "a vast majority lose money..." ok a vast majority make profits.
Everyone must use these tools and draw their own conclusions, it is as easy as what you mention, growth or access to crypto trading.
I think it sounds modern to me unless it is not just some random bot that is going to use stop loss with its logic and drain out all the money from my wallet. Hopefully if it is some High tech shit like AI projecting all the possibilities of trade can make me to use it more.
For example, it should be able to project the possibility of bull or bear trend, it’s accurate Timeline, affecting factors and some high edge levels of responses to the on going trading volume.
If it is able to project those trends then that is something AI. I highly doubt we have anything like that.
For example, it should be able to project the possibility of bull or bear trend, it’s accurate Timeline, affecting factors and some high edge levels of responses to the on going trading volume.
If it is able to project those trends then that is something AI. I highly doubt we have anything like that.
The only advantage of an AI to humans is that they don't have emotions. Emotional instability is one of the main reason why a trader lose a lot of money.
The time that you don't have to spend looking at charts and making decisions whether to buy or sell is also an advantage, time is a currency that not many care about until it finally runs out on them, if I'm being honest people underestimate the convenience that some stuff provide, I mean if AI can do a good margin while I'm out there partying or going on a hiking still making money from that AI trading tool, I would consider it a good thing and I would support people using it to make their life convenient and have their own passive income.I believe that there are still traders who rely their trades to AI but I think it's best only when you want to trade but you don't have time for it. If you're a disciplined person who has patience, you have a huge potential in trading. You need to have a strong mindset in trading to be profitable because your good analysis will be useless without it.
Of course there are those who still do that but that's no reason to exclude those who want to use AI or even disregard them as something beneath those who trade in a traditional way, kind of pathetic that people still think that AI is a devolution to trading when we all know the capabilities it's got and that it will only continue to improve in the future. hero member
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Would you use AI trading assisting tools?
No, I will not, but if there are any AI trading tools that have been texted and proven to do 90% better than humans, then I'd gladly use such AI; otherwise, it will just make one forget about the trading strategy that they are trying to develop. The reason why some traders end up with severe losses in trading is because of how they handle their trading decisions and management of their assets, but although the AI cannot go into a very high-risk trade the way some traders can with their emotions leading them, If it's to decide whether a trade will be successful, even the bot cannot tell.
Increased adoption of crypto has given way to more investors and traders trooping into the space to explore the vast opportunities. While crypto trading may be lucrative, only a few section of traders record significant profit consistently, largely because of the ambiguous nature of analysing charts and keeping tabs on cryptocurrencies.
In recent times we’ve seen traders opt for different trading tools and bots to raise their efficiencies and maximise their profits, but are they really effective compared to self-trading? I recently got wind of Aimbot as Bitget announced its listing, seeing it is one of those projects that promises to aid traders achieve improved results I decided to research and learn from the more experienced traders if they’ve researched this project, and their bias on AI trading assisting tools like this one.
In recent times we’ve seen traders opt for different trading tools and bots to raise their efficiencies and maximise their profits, but are they really effective compared to self-trading? I recently got wind of Aimbot as Bitget announced its listing, seeing it is one of those projects that promises to aid traders achieve improved results I decided to research and learn from the more experienced traders if they’ve researched this project, and their bias on AI trading assisting tools like this one.
Artificial intelligence are limited in structures to things they can do and the least thing you will want to use it for is trading. Let's bring in some event that happened in 2021 and 2022, if you want to use any AI, they will have all of the past history manipulated into it's inform of algorithm but what is the probability of them reoccurring again. 2018/19 crash was different from 2021 and 2022 and so does the bull run as well. If new bullrun should come, we it will be different from the previous ones and if we are going to see market corrections as usual, they might not come as the previous ones, so be guided.
I wouldn't use AI for trading, I don't think it will profitable because if it were, the founders will never make it public for the traders to use. They are going to form a large empire of market makers and used AI to drain all the money we have in the market, stress your brain a little and profit will be made and stop this dependency of artificial intelligence.
Increased adoption of crypto has given way to more investors and traders trooping into the space to explore the vast opportunities. While crypto trading may be lucrative, only a few section of traders record significant profit consistently, largely because of the ambiguous nature of analysing charts and keeping tabs on cryptocurrencies.
In recent times we’ve seen traders opt for different trading tools and bots to raise their efficiencies and maximise their profits, but are they really effective compared to self-trading? I recently got wind of Aimbot as Bitget announced its listing, seeing it is one of those projects that promises to aid traders achieve improved results I decided to research and learn from the more experienced traders if they’ve researched this project, and their bias on AI trading assisting tools like this one.
Maybe yes, but I would rather learn it by myself. I can use AI in different things but for trading I will make sure that there is no 3rd party involve, I would rather learn on yt, to trade read charts etc. AI has some flaws as well, market is volatile and very uncertain. Ai needs to be updated regularly, all in all I will not use it, better to learn different indicators. In recent times we’ve seen traders opt for different trading tools and bots to raise their efficiencies and maximise their profits, but are they really effective compared to self-trading? I recently got wind of Aimbot as Bitget announced its listing, seeing it is one of those projects that promises to aid traders achieve improved results I decided to research and learn from the more experienced traders if they’ve researched this project, and their bias on AI trading assisting tools like this one.
In recent times we’ve seen traders opt for different trading tools and bots to raise their efficiencies and maximise their profits, but are they really effective compared to self-trading? I recently got wind of Aimbot as Bitget announced its listing, seeing it is one of those projects that promises to aid traders achieve improved results I decided to research and learn from the more experienced traders if they’ve researched this project, and their bias on AI trading assisting tools like this one.
Until I see a person who has actually made a profit trading using AI assistance, then I would actually believe that this works. There are many influencers online who are being sponsored by trading companies just to say that their AI will make ordinary traders make money, when in actual fact this is incorrect. Anyways, anyone who wants to try it out should use a simulation before live trading. Never.
See AI is just if and else. So I don't think it can help you with trading. Yeah it can help you avoid noise and filter out news for you but not good enough for dependable trading.
AI is in fact way beyond that, if anything AI is used precisely on the problems in which a human would have no idea how to solve on their own, one example of this is how to make a computer recognize a face, how we could do something like that? Faces are different for each person, even twins are not exactly alike and they have some small differences, so how could you code that? You cannot which is why we use AI and we give it millions of faces as data which the AI then uses to create a model of what a face is supposed to be and what is not supposed to be. See AI is just if and else. So I don't think it can help you with trading. Yeah it can help you avoid noise and filter out news for you but not good enough for dependable trading.
In recent times we’ve seen traders opt for different trading tools and bots to raise their efficiencies and maximise their profits, but are they really effective compared to self-trading? I recently got wind of Aimbot as Bitget announced its listing, seeing it is one of those projects that promises to aid traders achieve improved results I decided to research and learn from the more experienced traders if they’ve researched this project, and their bias on AI trading assisting tools like this one.
The importance of bots or AI in the field of trading has increased tremendously these days. Moreover, businessmen are also benefiting from the use of AI. Continuously people are getting more trust in AI and they are starting to depend on it. Before creating an AI tool, various factors are taken into consideration to make it suitable for trading.AI tool is created by combining data analysis, security, application of different strategies, risk appetite etc. for AI trading. People sometimes prefer emotion in trading but there is nothing emotional in AI tool. So, after analyzing from various aspects, people have now found a lot of comfort in AI trading.
If something that is actually benefiting happens then I will definitely use it, but for that to happen we first need to see something that will profit us both at the same time, otherwise why would people create an AI tool that would make me money? Imagine a world where you create an AI that makes you millions, would you sell that AI? I wouldn't, I would keep it to all myself and maybe there is one that we didn2t even hear about that makes a lot of money to the owner, how would we know.
This is why it's important to realize that AI tool that makes us all profit is a very difficult thing to see. Like I said, I would totally use it if there was one, but that's not an easy thing to handle and would definitely be a hard job.
This is why it's important to realize that AI tool that makes us all profit is a very difficult thing to see. Like I said, I would totally use it if there was one, but that's not an easy thing to handle and would definitely be a hard job.
Increased adoption of crypto has given way to more investors and traders trooping into the space to explore the vast opportunities. While crypto trading may be lucrative, only a few section of traders record significant profit consistently, largely because of the ambiguous nature of analysing charts and keeping tabs on cryptocurrencies.
In recent times we’ve seen traders opt for different trading tools and bots to raise their efficiencies and maximise their profits, but are they really effective compared to self-trading? I recently got wind of Aimbot as Bitget announced its listing, seeing it is one of those projects that promises to aid traders achieve improved results I decided to research and learn from the more experienced traders if they’ve researched this project, and their bias on AI trading assisting tools like this one.
In recent times we’ve seen traders opt for different trading tools and bots to raise their efficiencies and maximise their profits, but are they really effective compared to self-trading? I recently got wind of Aimbot as Bitget announced its listing, seeing it is one of those projects that promises to aid traders achieve improved results I decided to research and learn from the more experienced traders if they’ve researched this project, and their bias on AI trading assisting tools like this one.
If AI is connected to crypto trading these are the trading bots before actually, because AI has been trending recently the trading bot owners thought to use it and released Ai in short they changed the name of rading bot which did not become popular before.
That's why in this opportunity they are taking advantage because they think that many people believe in AI, this is the only observation that I have noticed and seen and I just don't know if others like me in the crypto space also notice it.
If that can actually help us on our trades then why not? We should take all the advantage on what things can make our job easy on trading since it can lessen up our streas if we have AI working tool that we can use. But don't expect that it can generate passive profit since there's nothing like this exist yet but if you want to seek information or to automate it maybe AI is perfect tool for that.
Also don't rely to much on trading bots if you want to grab it since you also need to learn and learning many things about trading is rewarding in long run.
Also don't rely to much on trading bots if you want to grab it since you also need to learn and learning many things about trading is rewarding in long run.
It is really indeed an innovation; before, we just used keypad phones for calls and texts, but right now we are using touch screens because it is easier and more efficient. We really need to adopt innovation because we will be left behind. Though you are right, you don't expect that you'll generate more income on it or that you'll get rich and your trades will always be winners; it just makes us more confident in our trades and minimizes losses due to poor decisions.
In recent times we’ve seen traders opt for different trading tools and bots to raise their efficiencies and maximise their profits, but are they really effective compared to self-trading? I recently got wind of Aimbot as Bitget announced its listing, seeing it is one of those projects that promises to aid traders achieve improved results I decided to research and learn from the more experienced traders if they’ve researched this project, and their bias on AI trading assisting tools like this one.
Well trading signals have been there already, not sure how trading bots would be different from this but you get the idea anyway that it does some part of the job for ya if not replacing you in doing trades..Not sure about the trading bot you just mentioned in the post, but surely it has its own logics and algorithm and therefore has its own limitation as well. It could help, but I won't rely too much on bots.
Never.
See AI is just if and else. So I don't think it can help you with trading. Yeah it can help you avoid noise and filter out news for you but not good enough for dependable trading.
Not really just full of what ifs. People think that AI are full of nested if and else. There are still if and else, but usually those are coded for the worst case scenario. It will be a pain in the ass to maintain a software full of if/case statements. See AI is just if and else. So I don't think it can help you with trading. Yeah it can help you avoid noise and filter out news for you but not good enough for dependable trading.
AI training can actually help us carry out crypto trading activities. Even more so if it is a paid professional AI trading. This will help us much when we want to trade quite effectively. Provided that we really understand how the performance of the AI trading bot is so that we can optimize its performance properly.
Apart from having to recognize the performance of AI Bots, we also need to know what is needed to make AI Bots work well. Basic knowledge such as technical analysis, and fundamental analysis is needed.
As well as knowing the various tools used to create powerful command prompts that can be integrated with AI.
Many AI developers for trading make trading easier by optimizing the use of existing tools.
However, AI trading is an assist for us. So, this is a tool for us to trade. That means it's completely 100% dependent on this AI. And to be sure, using AI trading does not mean that we will not have the risk of loss, there is still, and this also does not guarantee 100% that they will always help us take profits.
Risk is certainly bound to occur, no one can trade 100% profitably, AI also has limits and also depends on how it is trained to understand the type and style of trading you use.
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