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Author Topic: Will AI Replace the Traditional Trader by 2020?  (Read 94 times)
jagdeepjd
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May 22, 2018, 02:18:05 PM
 #21

With bitcoin and crypto involving many people to get into trading, do you guys forsee that  AI will Replace the Traditional Trader by 2020? There are lot of experiments for an automated trading world... What do you guys think about that future - where your robot will collect data from past and execute a trade for you using machine learning and data science ? Would you rather have 50 employees working for you at a trading desk OR 50 robots interpreting different insights to execute a trade using the same data set ?


What do you think is the future? Only thing that I am certain about is that I will not continue to look at bitcoin price every day for next 1,000 days (till 2020 or beyond) !

we don't have to wait for 2020 for trading bots they are available at present times too but not many of the traders use the same. Though AI is a new thing with improved accuracy and other features I don't think traders will allow bots to handle their money to trade.



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May 22, 2018, 04:31:30 PM
 #22

If it is not, then the behavior of information science-based people can be predicted compared to robots. Maybe they will try to win the trade on each other. Using machine learning, we run a trade. They are relied on issues such as news around the world. It really is possible. We believe in all the use of the world around the world. By 2020 will all change the trader? If every trader is a bot then what is a bit key then what is the point?
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May 22, 2018, 04:57:46 PM
 #23

I think that AI will become powerful tools/weapons for traders by 2020,but won't really replace them yet. Anyway we need to be extra-cautious as AI is developing at a very fast rate in many industries and we must not mishandle this technology as it can become catastrophic for human race..

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May 22, 2018, 05:11:14 PM
 #24

I'm pretty sure that AI wont be able to crack the crypto markets volatility as it hasn't been much time for the crypto market and the data is too low for the AI bots to analyze the markets completely. Also technical analysis doesn't usually works in the crypto markets. Although the AI bot would work fine in the stock markets.
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August 18, 2018, 07:23:09 AM
 #25

Maybe it could happen but all of them don't know when it will happen.

And artificial intelligence is dangerous to trade because trading plays money.
The capital of your money is played by a robot and if there is a mistake, your money will be lost.

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September 16, 2018, 06:07:20 PM
 #26

Maybe, we don't know but if it that will happen it will be used for privacy purposes of a particular crypto or rather coin or token in both wallet of the owner and of the company. Great way now to restore and store crypto anywhere by using AI technologies. Future tech is now very fast what we expect on this. More project to come though.
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