Which is more profiting self trade or AI

[livingfree]

So, it's gotta be with the AI help giving the thoughts about the market sentiment in the chart. With that approach, I am optimistic with that and it is going to help a lot of trader to have insights of what's with the market currently.

If there are features like that then that's going to make the job of traders easier. But at some point, you don't always rely your trades to them and you still need to know what you're up to and what you're doing.

There's the help but with your decision making, it's going to be an important factor for your wins/losses.

[Odohu]

One of the greatest weakness of traders is emotion; human emotion always interfere with our judgement, this is why traders loose while using even a winning strategy. So I believe if AI is well trained on a proven winning strategy, the aspect of emotion will be eliminated and the result will be far better than human managing the trade.

The major challenge is that AI have not been proven to be adaptive as the market in itself changes over time. In all, suitability is the key as everyone will opt for what best work for them.

[teosanru]

Lately, there has been some development here in the integration of AI in trading on some stock assets and cryptocurrencies, and to a large instead, AI has ground in acting and executing trades and recording profits, but it has not been for long so as we can't tell what the success rate will be, but for the fact that the reality on the ground has shown and proven their existence in trading stock, so as that which one will you prefer if AI is proven to be effective.
Will you prefer to trade with AI or you prefer to do the trading yourself?

If you can create an AI tool yourself or forget AI just a bot yourself which can automatically do trades based on criteria you had fed then there is nothing better than that for sure. But if you are buying some cheap third party bot for trading or even third party AI for trading then it's definitely not worth it. Even if it gives you good profits for sometime eventual result would not be something that you would want. So obviously don't go with AI or bots.

[tvplus006]

...Will you prefer to trade with AI or you prefer to do the trading yourself?

In order for you to be able to answer your question, you should try trading with AI and already based on the result you will be able to independently conclude which type of trading is more profitable for you. As for me, I'm not ready to entrust my money to AI yet.

[abel1337]

I still haven't used any AI in doing my trades because of the reason that I don't have one or access to one. I'm also a bit skeptical with the end results that an trading focus AI can do since I'm pretty sure that developers would limit its capabilities given that it can destroy the market if the full capabilities is release in the public. As of now, I'm still confident with my skill and has no plan on using or trying to explore on how to use AI on trading but someday, there will be a time that Trading focused AI will become dominant compared to real humans on trading.

[RewFrew]

My thinking self trading is more profitable from AI trading. AI trading is just like a bot trading only follow instruction. But self trading is depend on a person decision. So i think self trading is best it can easily change decision anytime. Ai trading is new concept. Recently we are seeing this trading concept. But cryptocurrency market is always unpredictable, if any new situation were happen then AI will not able to face that situation i think because AI operate by coding and if work smoothly in familiar field. But self trading is always depend on me. So i can change my decision when which need.

[tjtonmoy]

Not having control over what you are doing is not something that I want. And what about the fact that the crypto market is unpredictable? One strategy will never work for long. AI may have self-learning technology, but you need to provide it first. If it is a new thing in the market, how will AI detect it and change its actions accordingly?

I like to have control over my own shits. So it's a no from me. Trading should be fun, not something that you just watch from afar. Do it yourself, learn it and it will be with you forever. What if you lose the AI. What if it's gone one day? Think for the future. Your success is in your hand, as well as your downfall. So if you do it yourself, you can change that outcome. Now figure it out on your own, what you want to do.

[usekevin]

Some people using the AI for the trading,it’s not a good sign for trading.Some people using the AI for the trading,but it’s automatic one.So it’s possibility of both profit and loss.Because the stop loss should be kept to avoid of loss,the automatic loss should be avoid by keep of stop loss in a trading.Manual trading is best for all the time,it help us to analysis the market at every point.Most of the experienced traders will do the analysis and do the manual trading compare to the AI.

[el kaka22]

Self trade is obviously a lot better one, if you are capable of making your own trades then you are going to end up making a profit that would be a lot better so it would be important to make money that way. If you rely on an AI to make that money then you are going to end up regretting it.

There are a lot of AI programs that people promote these days and that's not going be acceptable and that is why I suggest that it is not going to be ideal to pick one, that's not going to be acceptable at all. I think it is quite important to make sure that you are realizing what could be done with your own power and that will be much better. This way you do not rely on anyone or anything and make your own profit and that can't be taken from you.

[royalfestus]

I discovered that AI has its limitations, particularly in terms of lacking access to high-quality and up-to-date data for precise predictions. Moreover, it struggles to cope with unforeseen market manipulations and the inherent risks associated with the unpredictable behavior of traders and the cryptocurrency market as a whole.

[BD Crypto]

Will you prefer to trade with AI or you prefer to do the trading yourself?

There are really some unbeatable features which are offered by AI trading. The most effective usecase is that it helps to remove human emotions. Because every trader face this obstacle when they get panicked or fomo and can't make a proper decision.

Also AI Algorithms may not be effective in case of unexpected events or volatility. Then you may have a lose because you was totally dependent on AI trading. So there are some major obstacles to implement properly. That's why I will suggest self trading but to get more accuracy and without emotional trading AI can be used as a tool. Obviously AI Algorithms should be developed ,tested properly to get the most advantages from it.

[Cling18]

AIs can't exceed beyond what human intelligence can do. They still have limitations and they can't also provide a 100% reliable and accurate result though we can't deny the fact that they could be a big help in trading. However, if we are being analytically strategic, it will be better to do trading on our own.
We can make better decisions based on our situation if we will do trading ourselves. We will also be able to put limitations and proper control on what we do. It will be wiser if we will be fully equipped with knowledge about trading so we can trade with confdence and without too much fear.

[Natalim]

Lately, there has been some development here in the integration of AI in trading on some stock assets and cryptocurrencies, and to a large instead, AI has ground in acting and executing trades and recording profits, but it has not been for long so as we can't tell what the success rate will be, but for the fact that the reality on the ground has shown and proven their existence in trading stock, so as that which one will you prefer if AI is proven to be effective.
Will you prefer to trade with AI or you prefer to do the trading yourself?

If that is PROVEN, then I would choose it as this could help us to maximize our time as this can work 24/7. While resting, someone does the job for us. Yet, it was just hearsay for now, I'd think there is a technology designed to perform such a task perfectly knowing that it was made and programmed by human beings. Because if does work great, it means that person is a good trader and predictor but of course, it won't as the market is unpredictable, and that is the reason that we can't just rely on AI to do trade. It looks more profitable if we did it personally than relying on them.

[nelson4lov]

@OP, AI exists to automate some of the repetitive tasks that usually occurs in our workflows, it doesn't do so much when it comes to predicting events especially events that are not powered by mathematics alone such as trading or gambling. It might be right sometimes but I'd say it's just being lucky. Where today's AI technologies would really excel is journal documenting, analysis based on past trades but the trader itself should have the final say on which direction of the market the trade should be.

Personally, I would still trade on my own but would automate most part of the trading process (like journaling etc, backtesting, etc).

[taufik123]

Personally, I love technology and AI is the technology that almost beats all technology today.
AI is developing rapidly and almost in all sectors including trading.

But is it very ethical to entrust everything to AI including the management of your money when trading?
It's good that we as users have full control and not AI piloting.

AI is used only as an assistant or reminder of how the market is going.
Selt Trade should still be done and AI becomes a good assistant.
This will provide more benefits, because we will also have full control.

[DoublerHunter]

^  The ethical aspect of entrusting everything, including managing our finances, solely to AI is a valid concern. While AI can be a powerful tool, complete reliance might pose risks and uncertainties. It is important to retain human control and decision-making in trading processes.
In my own opinion, AI should serve as an assistant or a reliable source of market insights and trends. Probably by utilizing AI in this manner, we can benefit from its efficiency and accuracy while maintaining full control over our trading strategies. It could be striking the right balance between human expertise and AI assistance will likely lead to more successful outcomes and a greater sense of security in our trading endeavors.

[mvdheuvel1983]

Self trade - nothing beats it or comes close.
I keep telling people that not all trades follow the rules of the books..for some trades, you specifically have to follow your intuition, your instincts and go against everything you have know about trading beyond every reasonable doubt. AI can do this. AI is just a bunch of garbage in garbage out tied together with ifs and where statements just as we already know. But nothing stops a trader from combining both of them. Sort of like human controlled but machine assisted trading. Yes. This is possible.

[malcovi2]

^  The ethical aspect of entrusting everything, including managing our finances, solely to AI is a valid concern. While AI can be a powerful tool, complete reliance might pose risks and uncertainties. It is important to retain human control and decision-making in trading processes.
In my own opinion, AI should serve as an assistant or a reliable source of market insights and trends. Probably by utilizing AI in this manner, we can benefit from its efficiency and accuracy while maintaining full control over our trading strategies. It could be striking the right balance between human expertise and AI assistance will likely lead to more successful outcomes and a greater sense of security in our trading endeavors.

AI or bots to me can be more reliable than to a human because it removes emotional and biased factors when it executes the trades or trading strategy. It also operates 24/7 which gives you free time to read or predict your next move on the current market

[tvplus006]

Not having control over what you are doing is not something that I want. And what about the fact that the crypto market is unpredictable? One strategy will never work for long. AI may have self-learning technology, but you need to provide it first. If it is a new thing in the market, how will AI detect it and change its actions accordingly? ..

As I understand it, AI is constantly developing and, accordingly, its skills are being improved, which may relate to decision-making for trading. But definitely, by transferring control over your finances, it will be like giving your money into trust management.

[Litzki1990]

My thinking self trading is more profitable from AI trading. AI trading is just like a bot trading only follow instruction. But self trading is depend on a person decision. So i think self trading is best it can easily change decision anytime.

Technology can take the steps you can take manually in trading but you can never take those steps in trading. Trading through this AI technology will only work in certain systems but when you do your own trading, you will be able to master various trading strategies within yourself, which will increase the chances of being profitable in the field of trading. Relying on yourself is the most important thing in trading. You can take help of technology but don't rely on technology directly especially in trading, if technology is responsible for trading, technology will not understand the importance of your money as a result of which there is a possibility of losing your money so it is always wise to trade by yourself.