AI Forex Trading
Apr 18 at 05:08
645 Angesehen
19 Replies
Mitglied seit Aug 04, 2014
66 Posts
Apr 18 at 16:38
When most market decisions are made outside of it, I don't think AI can perform successfully.
Because there is no processable data for it
Because there is no processable data for it
Apr 19 at 08:53
I believe AI is already performing well. I have been trading for the past 8 years which has been very lucrative for me. Recently came across a platform which uses AI to trade. They dont give you promises of the moon and stars but logical profits. I have been in it for over a year now. And I can say that it is as promised. I placed $5000 to copy the AI Trading and received a fair profit. If many more come up in the future this would a great passive income opportunity. I saw the opportunity and grabbed it.
The data is definitely not processable but there is algorithm in AI which can be used to analyze indicators.
The data is definitely not processable but there is algorithm in AI which can be used to analyze indicators.
Mitglied seit Apr 08, 2024
46 Posts
Apr 19 at 10:22
AI can be a powerful tool for forex trading, but it's not a guaranteed money machine. AI can analyze vast amounts of data and identify patterns, but market sentiment and unexpected events can still cause losses. The key is using AI as a tool within a sound trading strategy, not a replacement for human oversight.
Apr 22 at 03:28
khalidkhan82118 posted:Would agree with you on this. But I believe AI can be fully be used for trades without guarantee of 100% profit. Maybe around 70% profit is safe to say it is possible. AI analyze vast amounts of data and identify patterns way faster than any human can. Which means in case of an unexpected event, losses can be minimized and the profit trade can be placed to cover the losses. It is a lot to discuss. But I would say high chances are AI will make better trades than Humans.
AI can be a powerful tool for forex trading, but it's not a guaranteed money machine. AI can analyze vast amounts of data and identify patterns, but market sentiment and unexpected events can still cause losses. The key is using AI as a tool within a sound trading strategy, not a replacement for human oversight.
Mitglied seit Dec 06, 2020
1 Posts
Apr 22 at 09:06
RogerRick posted:How do you use AI, where can you see the statistics?khalidkhan82118 posted:Would agree with you on this. But I believe AI can be fully be used for trades without guarantee of 100% profit. Maybe around 70% profit is safe to say it is possible. AI analyze vast amounts of data and identify patterns way faster than any human can. Which means in case of an unexpected event, losses can be minimized and the profit trade can be placed to cover the losses. It is a lot to discuss. But I would say high chances are AI will make better trades than Humans.
AI can be a powerful tool for forex trading, but it's not a guaranteed money machine. AI can analyze vast amounts of data and identify patterns, but market sentiment and unexpected events can still cause losses. The key is using AI as a tool within a sound trading strategy, not a replacement for human oversight.
Apr 22 at 10:44
RogerRick posted:I want to see statistic too.khalidkhan82118 posted:Would agree with you on this. But I believe AI can be fully be used for trades without guarantee of 100% profit. Maybe around 70% profit is safe to say it is possible. AI analyze vast amounts of data and identify patterns way faster than any human can. Which means in case of an unexpected event, losses can be minimized and the profit trade can be placed to cover the losses. It is a lot to discuss. But I would say high chances are AI will make better trades than Humans.
AI can be a powerful tool for forex trading, but it's not a guaranteed money machine. AI can analyze vast amounts of data and identify patterns, but market sentiment and unexpected events can still cause losses. The key is using AI as a tool within a sound trading strategy, not a replacement for human oversight.
Mitglied seit Apr 08, 2024
46 Posts
Apr 23 at 08:47
RogerRick posted:You make some valid points about AI's capabilities in forex trading. Indeed, AI can process data at speeds far beyond human capability and identify patterns that might be missed otherwise. Minimizing losses during unexpected events is certainly a benefit of using AI, and it can enhance overall trading efficiency. However, it's crucial to remember that even with advanced AI, there's still inherent risk in trading, and no strategy can guarantee 100% profit. Balancing AI's strengths with human judgment and risk management remains essential for successful trading.khalidkhan82118 posted:Would agree with you on this. But I believe AI can be fully be used for trades without guarantee of 100% profit. Maybe around 70% profit is safe to say it is possible. AI analyze vast amounts of data and identify patterns way faster than any human can. Which means in case of an unexpected event, losses can be minimized and the profit trade can be placed to cover the losses. It is a lot to discuss. But I would say high chances are AI will make better trades than Humans.
AI can be a powerful tool for forex trading, but it's not a guaranteed money machine. AI can analyze vast amounts of data and identify patterns, but market sentiment and unexpected events can still cause losses. The key is using AI as a tool within a sound trading strategy, not a replacement for human oversight.
May 08 at 06:34
khalidkhan82118 posted:Not wrong on your side. 100% profit is just unreal. I am using an AI which gives a logical 70% profit per annum. So there will be a loss as well but main thing is there is sustainable profits.RogerRick posted:You make some valid points about AI's capabilities in forex trading. Indeed, AI can process data at speeds far beyond human capability and identify patterns that might be missed otherwise. Minimizing losses during unexpected events is certainly a benefit of using AI, and it can enhance overall trading efficiency. However, it's crucial to remember that even with advanced AI, there's still inherent risk in trading, and no strategy can guarantee 100% profit. Balancing AI's strengths with human judgment and risk management remains essential for successful trading.khalidkhan82118 posted:Would agree with you on this. But I believe AI can be fully be used for trades without guarantee of 100% profit. Maybe around 70% profit is safe to say it is possible. AI analyze vast amounts of data and identify patterns way faster than any human can. Which means in case of an unexpected event, losses can be minimized and the profit trade can be placed to cover the losses. It is a lot to discuss. But I would say high chances are AI will make better trades than Humans.
AI can be a powerful tool for forex trading, but it's not a guaranteed money machine. AI can analyze vast amounts of data and identify patterns, but market sentiment and unexpected events can still cause losses. The key is using AI as a tool within a sound trading strategy, not a replacement for human oversight.
Mitglied seit Aug 11, 2023
14 Posts
May 08 at 09:09
RogerRick posted:not really, i use a robot i coded myself and got 5400% in abs. gain, and 900% in gain, in only 5 monthskhalidkhan82118 posted:Not wrong on your side. 100% profit is just unreal. I am using an AI which gives a logical 70% profit per annum. So there will be a loss as well but main thing is there is sustainable profits.RogerRick posted:You make some valid points about AI's capabilities in forex trading. Indeed, AI can process data at speeds far beyond human capability and identify patterns that might be missed otherwise. Minimizing losses during unexpected events is certainly a benefit of using AI, and it can enhance overall trading efficiency. However, it's crucial to remember that even with advanced AI, there's still inherent risk in trading, and no strategy can guarantee 100% profit. Balancing AI's strengths with human judgment and risk management remains essential for successful trading.khalidkhan82118 posted:Would agree with you on this. But I believe AI can be fully be used for trades without guarantee of 100% profit. Maybe around 70% profit is safe to say it is possible. AI analyze vast amounts of data and identify patterns way faster than any human can. Which means in case of an unexpected event, losses can be minimized and the profit trade can be placed to cover the losses. It is a lot to discuss. But I would say high chances are AI will make better trades than Humans.
AI can be a powerful tool for forex trading, but it's not a guaranteed money machine. AI can analyze vast amounts of data and identify patterns, but market sentiment and unexpected events can still cause losses. The key is using AI as a tool within a sound trading strategy, not a replacement for human oversight.
May 08 at 09:27
(bearbeitet May 08 at 09:28)
I pretty much use AI to generate strategies; the success of it depends on whose hands it is in. There's a myriad amount of features that need to be considered when going down this path that require a human input, you can't simply tell AI to generate strategies on 'x' symbol. There's a significant learning curve to getting it right.
Mottos are corny. Just find an edge, test it rigorously and trade it.
Mitglied seit Apr 08, 2024
46 Posts
May 08 at 10:25
Gwydaer posted:It emphasizes the crucial role of human input in guiding the process and highlights the significant learning curve involved. It reminds us that while AI can assist, it's ultimately humans' expertise and decision-making that determine success.
I pretty much use AI to generate strategies; the success of it depends on whose hands it is in. There's a myriad amount of features that need to be considered when going down this path that require a human input, you can't simply tell AI to generate strategies on 'x' symbol. There's a significant learning curve to getting it right.
May 09 at 04:22
khalidkhan82118 posted:I am currently using AI to make my trades while I trade myself on the side. It is just for passive income. Has been lucrative so far.Gwydaer posted:It emphasizes the crucial role of human input in guiding the process and highlights the significant learning curve involved. It reminds us that while AI can assist, it's ultimately humans' expertise and decision-making that determine success.
I pretty much use AI to generate strategies; the success of it depends on whose hands it is in. There's a myriad amount of features that need to be considered when going down this path that require a human input, you can't simply tell AI to generate strategies on 'x' symbol. There's a significant learning curve to getting it right.
May 13 at 08:56
RogerRick posted:Would mind to share this platform you are using?
I believe AI is already performing well. I have been trading for the past 8 years which has been very lucrative for me. Recently came across a platform which uses AI to trade. They dont give you promises of the moon and stars but logical profits. I have been in it for over a year now. And I can say that it is as promised. I placed $5000 to copy the AI Trading and received a fair profit. If many more come up in the future this would a great passive income opportunity. I saw the opportunity and grabbed it.
The data is definitely not processable but there is algorithm in AI which can be used to analyze indicators.
tnx
May 14 at 12:31
RogerRick posted:While AI has shown promise in various fields, including forex trading, it's important to recognize that trading always involves risks. AI can indeed enhance trading strategies, providing opportunities for potentially higher profits and lower risks through advanced data analysis and automation. However, successful trading still requires careful strategy development, ongoing monitoring, and adaptability to market conditions. AI can be a valuable tool, but it's not a guaranteed pathway to low-risk, high-reward trading.
AI has been taking over everything and it has done it exceptionally well. I believe with AI trading in Forex will increase chances of earning profits. It will be more of low risk high rewards. What are your thoughts on this?
Mitglied seit Aug 13, 2024
34 Posts
Sep 20 at 05:49
AI in trading definitely has huge potential. It can process tons of data way faster than any human and make decisions based on that, which is great for risk management. But I think it’s important to remember that AI isn't foolproof—it’s still influenced by market conditions and needs a good strategy behind it. Speaking of which, I noticed Pocket Option just launched AI-based trading recently. Could be worth checking out if you’re curious about how AI can actually work in the field.
Oct 21 at 08:22
(bearbeitet Oct 21 at 08:22)
I agree with you, AI is definitely helpful in forex trading, but it’s not a guaranteed profit machine. AI can analyze vast data, but unexpected market events can always disrupt things. Just like removing watermarks from photos using AI tools like https://dewatermark.ai, the key in forex trading is using AI wisely as part of a broader strategy. It’s a tool that supports decision-making, but human oversight is still crucial to navigate unpredictable situations.
Oct 21 at 10:26
I get where you're coming from, but AI in trading isn’t all sunshine and rainbows. It can help automate decisions, sure, but it’s not a magic bullet. Markets are unpredictable, and AI can still struggle with unexpected events or black swan moments. Plus, relying too much on it can lead to overconfidence.
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