The Accuracy with using AI to trade
The Accuracy with using AI to trade
Futures trading has undergone a transformation, with technological advancements making the way for a more accessible and efficient experience. One notable development is the emergence of products that allow individuals to trade, copy trade, and bot trade futures contracts, such as those based on the DCMI30 index. These products have democratized futures trading, making it easier for a wider range of investors to participate in this market for me i think accuracy is around 90% success from my DYOR.
what do you think about AI Accuracy in trading ?
Whenever it comes to trading, I always tell people that I know in trading to focus on becoming independent traders on their own from daily practice and consistency with following up the market rather than planning to start trading depending on AI or bots to make your trading experience easier or better. AI or bots should not be depended on because they can also make errors that can lead to massive losses in trading by a trader whose entire dependence has been laid on it’s use. You can still become a very profitable and successful trader from practice.
Asking what the accuracy of AI in trading is like asking what the accuracy of a pro trader is in trading.
- What data is the AI trained on? and from where?
- What indicators is the AI using?
- How much data is actually fed to the AI?
- etc.