She didn't make that claim. That strat she was using made about 300 bux net profit.
AI and Trading
- Thread starter KGTrader4
- Start date
She didn't make that claim. That strat she was using made about 300 bux net profit.
I've watched few of her videos,although not that particular one,and she just doesn't in general strike me as a profitable trader.She never post trades in real time with entries and exits,everything is always hindsight,she doesn't seem to have any edge,at least not discernable,and she never mentions her P/L. She's cute and just regurgitates trading cliches and doing such she probably does indeed make a buttload of money from subscribers,ad revenue,selling training,and God knows what other means youtubers use to make money. So much in fact she was able to quit her day job. She probably has an entire marketing team like Cameron does.
Making a lot of assumptions... Those content creators who can make money on YouTube are people whose content people like. I remember watching her content in 2019, at that time YouTube clearly was a new medium to her and trading was her conduit. She's not over the top like so many American CCs and talks to the newbies. I recall she did quite well in 2020 trading TSLA and then I kind of moved away from her stuff, but I'm glad to see she's still around and looks far more comfortable in front of an audience than she did then.
AI making life or death decisions for general population ... probably bad.
AI making life or death decisions in war ... probably necessary.
AI making automation more efficient ... good for share holders, mostly good for customers, bad for employees.
AI for trading ... waiting to see its track record vs self-learning algos that have been around for awhile.
AI making life or death decisions in war ... probably necessary.
AI making automation more efficient ... good for share holders, mostly good for customers, bad for employees.
AI for trading ... waiting to see its track record vs self-learning algos that have been around for awhile.
I don't think AI will change much.
Reason being trading is a marathon a long game and very vast, different kind of markets. AI is also programmed by humans and humans have emotions too. If AI is on a losing streak humans will tweak the parameters negating the AI or completely pull the plug for fear of losing.
Hedge funds have been using ML for decades at this point. AI already disrupted trading a long time ago.
Language models just don't have much to do with trading. Trading just isn't using that much language.
I have done some project management in the past and in contrast, I can already picture everything I did being done better by a language model. There are so many knowledge work jobs that the people doing them are just shitty language models but trading is just not one of them.
Language models just don't have much to do with trading. Trading just isn't using that much language.
I have done some project management in the past and in contrast, I can already picture everything I did being done better by a language model. There are so many knowledge work jobs that the people doing them are just shitty language models but trading is just not one of them.
Even with AI and "perfect play" there is still room for human traders. Let's say the AI buys stock XYZ at $2 and sells at $10. A human trader can identify the signals buy a bit later at $3 and sell later at $9. Therefore, still making a sizable profit.
In games like chess, just following move by move won't work but in trading it does work.
In games like chess, just following move by move won't work but in trading it does work.