How can you use ChatGPT for day trading

[uchegod-21]

AI bots are not 100% efficient. Instead learn trading, even if it will take years. At some point, you will make profit better to what an AI can do for you.

In trading, AI bot get their analysis and result from past trades from humans. Most times they are wrong and sometimes they get the trade. But if you weigh the profit and loss, you will observe they can never make your profitable in the long run.

I know using bots might not be efficient because they cannot accurately predict the market but their are some bots that are created to determine what tokens to be traded without technically analyzing the market. There are still good bots traders can use but I don't support the idea for someone that can not analyze the market to know what price what to do next to use a bot blindly. Learning how to trade should be the paramount than trying to use a bot without any trading knowledge.

A combination of both human knowledge/ skill and bot will make more sense and that is what I highly recommend. Bots should never be trusted 100%. I still have my own fair experience from using trading bots, it didn't end well for me. Relying only on bots you have mo idea how it works is like gambling.

[finaleshot2016]

AI bots are not 100% efficient. Instead learn trading, even if it will take years. At some point, you will make profit better to what an AI can do for you.

In trading, AI bot get their analysis and result from past trades from humans. Most times they are wrong and sometimes they get the trade. But if you weigh the profit and loss, you will observe they can never make your profitable in the long run.

I know using bots might not be efficient because they cannot accurately predict the market but their are some bots that are created to determine what tokens to be traded without technically analyzing the market. There are still good bots traders can use but I don't support the idea for someone that can not analyze the market to know what price what to do next to use a bot blindly. Learning how to trade should be the paramount than trying to use a bot without any trading knowledge.

A combination of both human knowledge/ skill and bot will make more sense and that is what I highly recommend. Bots should never be trusted 100%. I still have my own fair experience from using trading bots, it didn't end well for me. Relying only on bots you have mo idea how it works is like gambling.

There are some trades that the only human mind can make and sometimes those are the profitable trades of our life. Relying 100% on bots might good sometimes but of course if your input and filters aren't very specific then it might end up giving you some lose trades so it shouldn't be trusted. Relying on skills and of course having a lot of basis like global market news can outperform bots but if you really want some consistent trades based on your daily basis of trading, it's good if the bot will do those but again, human skills are built different.

[bangjoe]

A combination of both human knowledge/ skill and bot will make more sense and that is what I highly recommend. Bots should never be trusted 100%. I still have my own fair experience from using trading bots, it didn't end well for me. Relying only on bots you have mo idea how it works is like gambling.

There are some trades that the only human mind can make and sometimes those are the profitable trades of our life. Relying 100% on bots might good sometimes but of course if your input and filters aren't very specific then it might end up giving you some lose trades so it shouldn't be trusted. Relying on skills and of course having a lot of basis like global market news can outperform bots but if you really want some consistent trades based on your daily basis of trading, it's good if the bot will do those but again, human skills are built different.

It's quite simple: as long as you can use BOTs or AI for your trading, don't become dependent on them, even though they are powerful and intelligent. BOTs work with the data they can access, but we must also understand that not everything can run correctly and as expected. It is necessary to re-verify the data or calculations provided by the BOT, as errors can occur and ruin your trading.

Use bots appropriately as a reference or discussion partner when talking about trading to add information that you don't know or have forgotten. Sometimes we forget something very important before trading, whether it's data, principles, or strategies.

[AxeHunter]

I have been seeing this in many places recently, including the news.

Not only that but also I saw some ads that writes 'let AI trade for you'. Have you been seen something like this? If you are a trader, you might noticed it also.

Just be careful, AI bots can be helpful but they are not excellent and they can result to huge loss if care is not taken.

Ill tell you few things, but it wont work 100% or not even 50% sometimes.
Begin : 1st you subscribe this
Finance & Economics - Stock, Crypto, Trade, Invest
By finllms.com

Just ask your own qns or prompt
eg : Do you have any idea about prediction of movements in market? any particular coins will move more than 10% in upcoming days? List the coins and how much % it can be accurate? Days to be reached? Current price in seperate column

Result will be :
📊 Crypto Short‑Term Forecast Summary
Coin   Current Price (USD)   Expected % Gain (3–10 Days)   Days to Target   Forecast Confidence
Ethereum (ETH)   ~$3,792   +10–12%   ~3–7 days   ✅ Medium–High (60–70%)
XRP   ~$3.14   +10–14%   ~5–7 days   ✅ Medium (50–60%)
Dogecoin (DOGE)   ~$0.227   +25–30% (goal for next 7 days)   ~7 days   ⚠️ Low–Medium (~40–50%)
Shiba Inu (SHIB)   ~$0.00001342   ~12% within 7 days (target ≈0.0000151)   ~7 days   ⚠️ Low (~30–40%)

ETH coin predicted to gain 10%, but that week it dip little, but end of 15 days it raised to $4756, aproximately 25%
XRP Little dip little, after 15 days also just 1 - 2% gain

so first you analyse the data for 3 months, how much win rate etc...

Good Luck...

I have developed AutoBot - and its working fine, if you want ill show my trades, you can see directly via binance Smart Money - No SCAM northing, you just need to provide me API to run the script.

[Lida93]

AI bots are not 100% efficient. Instead learn trading, even if it will take years. At some point, you will make profit better to what an AI can do for you.

In trading, AI bot get their analysis and result from past trades from humans. Most times they are wrong and sometimes they get the trade. But if you weigh the profit and loss, you will observe they can never make your profitable in the long run.

I know using bots might not be efficient because they cannot accurately predict the market but their are some bots that are created to determine what tokens to be traded without technically analyzing the market. There are still good bots traders can use but I don't support the idea for someone that can not analyze the market to know what price what to do next to use a bot blindly. Learning how to trade should be the paramount than trying to use a bot without any trading knowledge.

The market despite the manipulations that can be said to exist it's still runs on demand and supply which AI bot would find difficulty in making accurate useful future price prediction for the trader. Trading is said to be time sensitive and most of the ai powered trading bot that are built to mange and execute your trading time has to work on your prompts and if you're a newbie trader who has no basic knowledge of trading but wants to rely mainly on AI  entirely, you probably will not escape making huge losses.

[Wakate]

AI bots are not 100% efficient. Instead learn trading, even if it will take years. At some point, you will make profit better to what an AI can do for you.

In trading, AI bot get their analysis and result from past trades from humans. Most times they are wrong and sometimes they get the trade. But if you weigh the profit and loss, you will observe they can never make your profitable in the long run.

I know using bots might not be efficient because they cannot accurately predict the market but their are some bots that are created to determine what tokens to be traded without technically analyzing the market. There are still good bots traders can use but I don't support the idea for someone that can not analyze the market to know what price what to do next to use a bot blindly. Learning how to trade should be the paramount than trying to use a bot without any trading knowledge.

The market despite the manipulations that can be said to exist it's still runs on demand and supply which AI bot would find difficulty in making accurate useful future price prediction for the trader. Trading is said to be time sensitive and most of the ai powered trading bot that are built to mange and execute your trading time has to work on your prompts and if you're a newbie trader who has no basic knowledge of trading but wants to rely mainly on AI  entirely, you probably will not escape making huge losses.

I have not seen a bot that is used to trade the future market and I will not be willing to use it due to the loses one can incur when used. I have not seen someone that is using a bot successfully without incuring any loses which is why we need to learn how to analyze the market ourselves without depending too much on indicators and the use of bots.

There are many ways to stay profitable in the market and all do not depend on the technical analysis only. We can still make use of the fundamental aspects of trading to make money for ourselves by taking a close eye to the news and what's happening.

[Agbamoni]

AI bots are not 100% efficient. Instead learn trading, even if it will take years. At some point, you will make profit better to what an AI can do for you.

In trading, AI bot get their analysis and result from past trades from humans. Most times they are wrong and sometimes they get the trade. But if you weigh the profit and loss, you will observe they can never make your profitable in the long run.

I know using bots might not be efficient because they cannot accurately predict the market but their are some bots that are created to determine what tokens to be traded without technically analyzing the market. There are still good bots traders can use but I don't support the idea for someone that can not analyze the market to know what price what to do next to use a bot blindly. Learning how to trade should be the paramount than trying to use a bot without any trading knowledge.

The market despite the manipulations that can be said to exist it's still runs on demand and supply which AI bot would find difficulty in making accurate useful future price prediction for the trader. Trading is said to be time sensitive and most of the ai powered trading bot that are built to mange and execute your trading time has to work on your prompts and if you're a newbie trader who has no basic knowledge of trading but wants to rely mainly on AI  entirely, you probably will not escape making huge losses.

I have not seen a bot that is used to trade the future market and I will not be willing to use it due to the loses one can incur when used. I have not seen someone that is using a bot successfully without incuring any loses which is why we need to learn how to analyze the market ourselves without depending too much on indicators and the use of bots.

There are many ways to stay profitable in the market and all do not depend on the technical analysis only. We can still make use of the fundamental aspects of trading to make money for ourselves by taking a close eye to the news and what's happening.

I tend to agree with Lida93 here. Bot can be tagged to be useful, despite bein inaccurate and impossible to predict the future. Any successful trade gotten from a bot was simply a lucky trade just like any other expert would've predicted it. Trading is 50/50, no matter the knowledge one has in trading, they can never be 100% sure not even 83% sure of their trade.

You said there are many ways to profit from trading. Except from following news and looking at chart. I would love to know other ways of profiting in trading?

[Y3shot]

I have not seen a bot that is used to trade the future market and I will not be willing to use it due to the loses one can incur when used. I have not seen someone that is using a bot successfully without incuring any loses which is why we need to learn how to analyze the market ourselves without depending too much on indicators and the use of bots.

There are many ways to stay profitable in the market and all do not depend on the technical analysis only. We can still make use of the fundamental aspects of trading to make money for ourselves by taking a close eye to the news and what's happening.

People are so greedy and desperate, and they do not want to go through the right process of learning how to trade. There are things ChatGPT can help with in different careers; there are good ideas and problems that ChatGPT can assist with, but not in trading.

ChatGPT can't tell what will happen in the future; it only has information about things that have occurred and things that remain permanently. It is very funny to rely on AI for trading when you can't even predict the future of the market. The market has nothing to do with AI, and therefore AI can't tell what the market will be like.

Depending on AI to trade is just a complete loss. It is better to use this money for charity organizations than to waste precious time trying to make it in trading.

[Zenin Fu]

Nowadays, training has become such a thing that people have made it a way of income. And people think that if this training is done through AI, then I will be more profitable, but in fact, we have to remember that AI is a software, it can only guide us, nothing more. I have seen many people who use software like training for AI. In fact, using such software is completely stupid because you have to learn trading through practice. You have to have an idea about the market. You have to give time and pay attention to the market situation. Then you have to learn your trading. You can get some ideas from different bots like AI, but you cannot apply them 100%.

[Wakate]

I have not seen a bot that is used to trade the future market and I will not be willing to use it due to the loses one can incur when used. I have not seen someone that is using a bot successfully without incuring any loses which is why we need to learn how to analyze the market ourselves without depending too much on indicators and the use of bots.

There are many ways to stay profitable in the market and all do not depend on the technical analysis only. We can still make use of the fundamental aspects of trading to make money for ourselves by taking a close eye to the news and what's happening.

People are so greedy and desperate, and they do not want to go through the right process of learning how to trade. There are things ChatGPT can help with in different careers; there are good ideas and problems that ChatGPT can assist with, but not in trading.

ChatGPT can't tell what will happen in the future; it only has information about things that have occurred and things that remain permanently. It is very funny to rely on AI for trading when you can't even predict the future of the market. The market has nothing to do with AI, and therefore AI can't tell what the market will be like.

Depending on AI to trade is just a complete loss. It is better to use this money for charity organizations than to waste precious time trying to make it in trading.

You don't have to look at it from that direction because this is investment and nobody expect to invest in something and later lost the money due to so many reasons. How would a trader know that the money he is using to trade will be lost? Every trader want to be profitable whether they are good at market analysis or not. Investing money ought to be profitable except when we are doing it at the wrong time or using inadequate funds that cannot summarize the investment.
Whether you use an artificial intelligence to trade or trade with market analysis, we can still lose money as traders.

[Issa56]

Just be careful, AI bots can be helpful but they are not excellent and they can result to huge loss if care is not taken.

I don’t know why people just want to make money, and they are not ready to work for the money. If you want to make money from trading, it’s better you learn how to do analysis yourself, and make sure you do your analysis yourself before you enter a trade, you don’t have to depend on any bots, because it won’t really end well, bots will definitely fail you, and you going to end up losing your money, it’s better you do your analysis yourself before entering a trade. If bots are so reliable, then that’s what everyone will be using, but for as long as people are not really making use of it, then you should know it’s not really effective.

[Dogedegen]

I have developed AutoBot - and its working fine, if you want ill show my trades, you can see directly via binance Smart Money - No SCAM northing, you just need to provide me API to run the script.

Never give your API to anyone, never use any random bots like this. This is a known scam method, there are many ways they can steal your funds. Buy trading tools is one way how fools are parted with their money.

I don’t know why people just want to make money, and they are not ready to work for the money. If you want to make money from trading, it’s better you learn how to do analysis yourself, and make sure you do your analysis yourself before you enter a trade, you don’t have to depend on any bots, because it won’t really end well, bots will definitely fail you, and you going to end up losing your money, it’s better you do your analysis yourself before entering a trade. If bots are so reliable, then that’s what everyone will be using, but for as long as people are not really making use of it, then you should know it’s not really effective.

This is also most likely going to end up badly. Probably not as badly as using ChatGPT for trading but it will end up badly. Most people do not make money trading, especially not amateur traders.

[Oluwa-btc]

I agree,it possibly can't guarantee all that we ask for or expect but it's a very supportive tool for learning, analysing and organizing data and trading procedures/strategies.Over reliance on AI/Chatgpt ruins productive and fundamental analysis.Chatgpt assistance is real but it doesn't stream data on its own and accuracy is not guaranteed.

[HashGhost]

We're still in the AI-phase of language models.

They are not designed to tell you the truth, they are designed to talk to you as if they were humans.

At this point, asking ChatGPT is not more or less reliable than walking up to a random stranger on the street and asking them. Could be true, could be entirely made up, you just have no way of knowing.

[Alone055]

Nowadays, training has become such a thing that people have made it a way of income. And people think that if this training is done through AI, then I will be more profitable, but in fact, we have to remember that AI is a software, it can only guide us, nothing more. I have seen many people who use software like training for AI. In fact, using such software is completely stupid because you have to learn trading through practice. You have to have an idea about the market. You have to give time and pay attention to the market situation. Then you have to learn your trading. You can get some ideas from different bots like AI, but you cannot apply them 100%.

First of all, it's called "trading" and not "training", and you used that term every single time in your post, which shouldn't happen because a mistake made once should be enough if it's a spelling error.

That being said, I would say that those who develop these bots are not stupid to spend so much time and money to develop software that aren't useful at all. When a company or even an individual decides to create an app, they usually do it because they see a general demand for it, so if there are trading bots in the market, it means that there is demand for them, and those who create them and those who use them are not stupid but they know they can be useful.

Trading bots are generally created to automate your trading process, which means that if you have a strategy that you want to apply, you can use the bot, set your strategy, and let it trade for you when you are away because this way, you won't need to sit in front of your computer at all times only to find the correct times for your trades because the bot you've set will do it for you. Of course, it doesn't mean it's free of risks, but those who use them understand this very well.

[MarjorieZimmermanGinger]

Not only that but also I saw some ads that writes 'let AI trade for you'. Have you been seen something like this? If you are a trader, you might noticed it also.

I often see influencers claiming to trade using ChatGPT, but so far I've never used it. Many social media platforms mention profitable trading with ChatGPT, but I prefer to consider my own trading abilities. Nothing sophisticated is perfect; sometimes it doesn't work well, and if used incorrectly, it can actually result in losses in trading. I've also read reviews of ChatGPT in several media outlets, but they generally only collect historical data on analysis and fundamental aspects, and accuracy guarantees don't guarantee 100% accuracy.

[Olamidetechie]

I don't think Ai can do the job of trading, it could work as an assistant, but not trading, for example imagine i wanted to trade RWA Futures and i decided to used AI to trade for me including the leverage and everything, it will be a loss at the end of the day, see this one that i traded by myself, you can't use human knowledge to match AI.

[TESY]

I also used ChatGPT for my forex where I send few pics of tradingview with different time frame and asked to do some analysis with support and resistance
it helps a lot if you are disciplined but it don't makes trades for you

[Wakate]

~snip~

A combination of both human knowledge/ skill and bot will make more sense and that is what I highly recommend. Bots should never be trusted 100%. I still have my own fair experience from using trading bots, it didn't end well for me. Relying only on bots you have mo idea how it works is like gambling.

Bots can make more accurate decisions when it comes to the market analysis but it can still lag and make wrong decisions at times. If human can make mistakes, why not bots that are created by humans. It will make sense just like you have explained for traders to use bots and their own analysis coupled together to make market decisions. This is going to give a more accurate market analysis.

[2Pizza410000BTC]

I have been seeing this in many places recently, including the news.

Not only that but also I saw some ads that writes 'let AI trade for you'. Have you been seen something like this? If you are a trader, you might noticed it also.

Just be careful, AI bots can be helpful but they are not excellent and they can result to huge loss if care is not taken.

AI Trade for You I have never seen anything like this, but recently when I look at the exchange, I see AI systems. Although I have never believed in AI and I have never traded using AI, I have heard from many people that AI is helping people in many ways, but I do not believe it very much and how can I believe it? Because in my opinion, AI can never make correct predictions. If it cannot predict in advance, in that case, people would directly rely on the AI's tricks and trade. Not only trading, I think people would gamble using AI. However, I do not believe in AI and the reason I do not believe in AI is that this AI can never make correct predictions.