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Re: hankmanhub post# 593654

Tuesday, 05/16/2023 11:14:50 AM

Tuesday, May 16, 2023 11:14:50 AM

Post# of 704237
Hankmanhub, these artificial intelligence predictions based on TA and market data already exists on some level at some of the large hedge funds and remain proprietary.These algorithm trading bots have been developed since the 80's/90's and are probably more sophisticated and powerful now. If ChatGPT were able to provide predictions and every man in the street could use it then the "predictions" could render it useless if everyone acted on the same info. It may be successful for a short time. JMO

Here's an interesting read:

https://shell-capital.com/asymmetric-investment-returns/renaissance-technologies-described-as-the-uses-technical-indicators-to-drive-its-automated-trading-systems

Pedal to the Metal

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