ChatGPT and Trading

[tjtonmoy]

Has anyone used ChatGPT for trading?

No, it can't help you in trading or give you any suggestion on that matter. Although you can find and learn information from this, it can't do the work for you. You have to do it on your own, pal. There are many people trying to make a code to create a trading bot. ChatGPT can help you do that, but you will have to do some of your own works too in order to make it perfect and suites your desire. If you don't have any knowledge about coding, then you can learn it from ChatGPT too but to apply it in action, you will have to do the job by yourself.
Don't just copy-paste everything it shows you. Learn about it first, do your research and then compare.

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[carlfebz2]

Has anyone used ChatGPT for trading?

No, it can't help you in trading or give you any suggestion on that matter. Although you can find and learn information from this, it can't do the work for you. You have to do it on your own, pal. There are many people trying to make a code to create a trading bot. ChatGPT can help you do that, but you will have to do some of your own works too in order to make it perfect and suites your desire. If you don't have any knowledge about coding, then you can learn it from ChatGPT too but to apply it in action, you will have to do the job by yourself.
Don't just copy-paste everything it shows you. Learn about it first, do your research and then compare.

There's always a limitation on where ChatGpt would be helpful or something that you could apply on but not on the things which are really that needing that speculative approach.We've seen similar questions which

is really that pertaining about in gambling too on which trying to ask out an AI in basing on what are the game results or simply dealing on things which cant really be known whether by human or an AI.

This is why its never been that recommendable on having this kind of consideration on making use of it on something like this.Nothing beats out with your own personal approach and mold up
your own analysis basing up with your intelligence and experience.

[Smack That Ace]

I have not tried Chatgpt with trading, but I have some experience with Chatgpt and my opinion. Chatgpt works best when we are looking for work related knowledge, and it is suitable for people with marketing jobs that need to write content and programmers. For trading, trading means we need to make predictions about the future, and I think Chatgpt is not a crystal ball, so it cannot replace us trading.

[doomloop]

I have not tried Chatgpt with trading, but I have some experience with Chatgpt and my opinion. Chatgpt works best when we are looking for work related knowledge, and it is suitable for people with marketing jobs that need to write content and programmers. For trading, trading means we need to make predictions about the future, and I think Chatgpt is not a crystal ball, so it cannot replace us trading.

So why not try it and see for yourself if it works or not? Because you know, there are so many people who are curious how it works in trading and even in betting. Some feedbacks that I read are great but some says that it doesn't work really well. Maybe it also depends on the timing and our luck, as results can differ sometimes if you will use ChatGpt in different times in regards to trading and in sports betting because their market is also changing from time to time.

What I know is that the main use of ChatGpt is to help programmers with the codes but I never hear that it works well in marketing related stuffs but I think it's not that hard so it can always be done manually.

[tygeade]

Hello,
Has anyone used ChatGPT for trading?


Thank you so much.

I would guess that "chat"gpt is basically just a primitive form of what we can see in the future and that is what being discussed right now. Not exactly the same thing, not openai and chatgpt being able to trade, but basically AI that comes out of that.

I know it is open source if I am not wrong, or at least replicated a few times already, and even painting related stuff are done with midjourney, so we should be able to say how much it can do and how much it can't do and what is the power of it. Will it be able to help you trade? Well in a sense it could, because it can learn from other people what to do and how to do it, that's what machine learning is all about.

[sujonali1819]

Hello,
Has anyone used ChatGPT for trading?


Thank you so much.

What, is really chat GPT can help you to do trade? I don't think so. It’s a text based bot that can help you to learn anything, but I don't think it can help you to do trade or buy sell any crypto.

If you want you can learn from it that how to do a trade or a complete guidline of crypto trading. But don't expect this will help you to do trade like a Trading bot.

[Fivestar4everMVP]

I have not tried Chatgpt with trading, but I have some experience with Chatgpt and my opinion. Chatgpt works best when we are looking for work related knowledge, and it is suitable for people with marketing jobs that need to write content and programmers. For trading, trading means we need to make predictions about the future, and I think Chatgpt is not a crystal ball, so it cannot replace us trading.

Like you, I have not tried ChatGPT for trading, or anything else actually, but like I read and have understood, ChatGPT is an Ai bot which one can learn a lot from, including how to trade, OP probably didn't phrase his question properly, I think what he should have been asking is whether anyone have tried learning how to trade the market by asking questions through the bot, as we all know and some have mentioned, ChatGPT is not a trading bot, but an artificial intelligence bot through which a lot can be learnt from with proper application.

[tjtonmoy]

Nothing beats out with your own personal approach and mold up
your own analysis basing up with your intelligence and experience.

Yeah totally agree with you. But if you are looking for a quick way to find something, and you want it in your way, AI could definitely help in that case. But in the end, you are the one who will be putting that in action with your own approach to the matter. No matter how powerful the AI get's, there will always be some knowledge hidden from humans. And as humans who created AI, it will also won't have the knowledge too. And where's the fun and joy of trading and gambling if you are using an AI to do the job for you?

[Wind_FURY]

I have not tried Chatgpt with trading, but I have some experience with Chatgpt and my opinion. Chatgpt works best when we are looking for work related knowledge, and it is suitable for people with marketing jobs that need to write content and programmers. For trading, trading means we need to make predictions about the future, and I think Chatgpt is not a crystal ball, so it cannot replace us trading.

Like you, I have not tried ChatGPT for trading, or anything else actually, but like I read and have understood, ChatGPT is an Ai bot which one can learn a lot from, including how to trade, OP probably didn't phrase his question properly, I think what he should have been asking is whether anyone have tried learning how to trade the market by asking questions through the bot, as we all know and some have mentioned, ChatGPT is not a trading bot, but an artificial intelligence bot through which a lot can be learnt from with proper application.

Because you can't use it for trading. ChatGPT is a layer around the actual A.I., the source from which ChatGPT gets output from user input. It functions more like a search engine, which makes this topic a little stupid. Mods should probably lock the topic, or OP should probably change "ChatGPT" to "A.I.".

[hugeblack]

Personally, I began to see that all that was happening was promoting that application. It was just an application that used artificial intelligence in the background to enhance search results, and not a miraculous tool to solve all your problems. Likewise, if you were so desperate to believe that an application would help you be rich, you are scamming yourself.

Therefore, trying to use it for other than what was allocated for it and promoting it as an effective tool is a waste of time.

[virasog]

Hello,
Has anyone used ChatGPT for trading?


Thank you so much.

What, is really chat GPT can help you to do trade? I don't think so. It’s a text based bot that can help you to learn anything, but I don't think it can help you to do trade or buy sell any crypto.

If you want you can learn from it that how to do a trade or a complete guidline of crypto trading. But don't expect this will help you to do trade like a Trading bot.

ChatGPT cannot help in doing trading although if anyone wants to learn about trading, he may use the chatGPT to get answers to some generic questions such as what are different type of indicators, how to use trading view, what the are platforms to trade etc etc.

ChatGPT cannot do technical or fundamental analysis for us, because it does not have the current market data and news to consider in its analysis.

However, i see many people on social media spreading this thing that they will teach how to do trading with the help of ChatGPT and they are getting money from innocent people for this training. Whenever a new tool comes in the market, some people only try to scam others and those who have less knowledge become their victim.

[BitcoinGirl.Club]

ChatGPT cannot help in doing trading although if anyone wants to learn about trading, he may use the chatGPT to get answers to some generic questions such as what are different type of indicators, how to use trading view, what the are platforms to trade etc etc.

It surprised me yesterday. I was just messing around. So I wanted to know how ChatGPT mess with me. I gave it my name, things I like, my professional information and then asked it to tell about me in a long article format.

It was doing it things, writing paragraphs after paragraphs. All made sense, all general things but you get a format and edit things to make some tweaks. What surprised me is, it somehow managed to know my personal domain name. The domain was never ranked to any search engine even the robots.txt disabled not to rank the pages but still it's a mystery for me how the F**K ChatGPT found my exact URL of my domain?

I would had a heart attack if it new what is my wife's name, how many children I have etc as these are the information I never gave anywhere too. But one thing is clear to me, it reads everything you do on your browser. Not sure in the future if you will be able to keep your private key private anymore.

[m2017]

Hello,
Has anyone used ChatGPT for trading?


Thank you so much.

What, is really chat GPT can help you to do trade? I don't think so. It’s a text based bot that can help you to learn anything, but I don't think it can help you to do trade or buy sell any crypto.

If you want you can learn from it that how to do a trade or a complete guidline of crypto trading. But don't expect this will help you to do trade like a Trading bot.

ChatGPT cannot help in doing trading although if anyone wants to learn about trading, he may use the chatGPT to get answers to some generic questions such as what are different type of indicators, how to use trading view, what the are platforms to trade etc etc.

ChatGPT cannot do technical or fundamental analysis for us, because it does not have the current market data and news to consider in its analysis.

However, i see many people on social media spreading this thing that they will teach how to do trading with the help of ChatGPT and they are getting money from innocent people for this training. Whenever a new tool comes in the market, some people only try to scam others and those who have less knowledge become their victim.

Then it's better to guess on the coffee grounds than to use ChatGPT for trading. This tool was created for other purposes and is completely unsuitable for trading crypto currencies. I have big doubts even about trading bots and other similar tools that supposedly help trading and allow everyone to become a millionaire. In this scheme, only the seller of bots is 100% likely to make a profit.

ChatGPT is the current hype topic and everyone is looking to use it as a quick money making opportunity. It is enough to promise people the opportunity to earn and use a new hype topic (technology), as a queue of simpletons immediately builds up. Of course, this is a fraudulent method that gullible people should better avoid.

For trading, it is desirable to use traditional methods, and not try to apply every technology that was not created for this. For any job, you need only one properly selected tool.

[Smack That Ace]

I have not tried Chatgpt with trading, but I have some experience with Chatgpt and my opinion. Chatgpt works best when we are looking for work related knowledge, and it is suitable for people with marketing jobs that need to write content and programmers. For trading, trading means we need to make predictions about the future, and I think Chatgpt is not a crystal ball, so it cannot replace us trading.

So why not try it and see for yourself if it works or not? Because you know, there are so many people who are curious how it works in trading and even in betting. Some feedbacks that I read are great but some says that it doesn't work really well. Maybe it also depends on the timing and our luck, as results can differ sometimes if you will use ChatGpt in different times in regards to trading and in sports betting because their market is also changing from time to time.

What I know is that the main use of ChatGpt is to help programmers with the codes but I never hear that it works well in marketing related stuffs but I think it's not that hard so it can always be done manually.

As I said, the reason I don't want to try it with trading is because trading is about analyzing and making predictions about the future. While ChatGPT is a parrot, it can't think, it only knows what happened in the past and is constantly updated by us. I find it a waste of time to use it in trading, I still trust myself more than AI products in trading. If it is possible to apply AI to predict the future, I believe it will not be free or only cost 20$/month for the pro version.

[Oshosondy]

As I said, the reason I don't want to try it with trading is because trading is about analyzing and making predictions about the future. While ChatGPT is a parrot, it can't think, it only knows what happened in the past and is constantly updated by us. I find it a waste of time to use it in trading, I still trust myself more than AI products in trading. If it is possible to apply AI to predict the future, I believe it will not be free or only cost 20$/month for the pro version.

You may not want to try it if you are no more a beginner, but beginners can try it to learn trading, it will really be helpful as it will bring out useful information needed in trading, what to know and what to avoid, how to have good management risk and many other information like how trading is very risky and how the future can be hard to predict. But for trader that have known all those information, you do not need ChatGPT, but if you are a programmer, you can still use it and see it easy to write some codes for you which can be helping to create some bots that can be used in trading.

[Wind_FURY]

Personally, I began to see that all that was happening was promoting that application. It was just an application that used artificial intelligence in the background to enhance search results, and not a miraculous tool to solve all your problems. Likewise, if you were so desperate to believe that an application would help you be rich, you are scamming yourself.

Therefore, trying to use it for other than what was allocated for it and promoting it as an effective tool is a waste of time.

It's actually just like a search result. ChatGPT is also used by bloggers to produce those generic blogs that no one reads, but could earn them some ad revenue. It could also be used to produce forum posts as well. Look for those forum topics that have generic information posted by the OP. There's some probability that it might be made by using some kind of A.I. program, or an article generator.

We're off-topic, plus most of the posts look like they don't know, or haven't researched, what ChatGPT is.

[_BlackStar]

I'll be honest that I don't know if the variables under discussion are good for trading, but like what means ^{[artificial intelligence]} this tool helps only partly without guaranteeing profit. We have to really rely on the natural intelligence that we have in the market even though AI can help in some parts but when we have to rely on it then we really have to be ready to take big risks.

I mean that natural intelligence does not have the same pattern every time, whereas someone or other tools can record the same pattern from this artificial intelligence in the long term so there is a possibility that manipulation can occur in the future. If they expect profit, traders must be smart enough to take advantage of opportunities in the market regardless some of them use AI to predict.