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The future of Alternative Intelligence in trading

NewCityTrader
Apr 18 at 13:27
48 posts
AI solutions will continue to mature. They will become more efficient and faster. At the beginning they will surely support us in various ways, providing knowledge, tips, automating tasks and processes.

This will be the time when the best results will be achieved by mixed teams (I would call them hybrid teams) composed of traders and AI.

An article on this topic is already in preparation, I will show in it the right direction of development, the next step of AI solutions adoption by funds. So far it is not well understood and I want to change that.

Ultimately, Super AI will be created, which will collect data on its own, analyze them and make investment decisions. I will anticipate a possible question – the AI I have in mind will work like an excellent trader, the best of the best in the field.

And the cost (variable) of creating and testing the new system will be equal to the price of electricity used by the computer.

The time to build a valuable strategy for using AI in funds is today.

The next important step is not to bet on a “standalone AI machine” (as many fund managers believe) but on a hybrid team of well-prepared and trained humans (including necessarily traders) and evolving AI.
Huge Changes, New Ideas & Decline Of Traditional Investing
Marcel Durham (MarcellusLux)
Apr 21 at 10:37
191 posts
I saw a similar discussion here and you just wrote the right thing, in my opinion. Artificial intelligence will be effective in mixed applications where there is human control and a robot is used to calculate probabilities, risks, stakes more accurately and faster...
If we talk about Super AI, then I do not believe in its application in market conditions, in conditions that are created due to the human factor and decisions that are made by traders, not a computer. The market is interdependent, and full automation will lead to stabilization of processes and lack of liquidity.
These are just my thoughts and I do not claim to be an authoritative expert opinion.
BrienBooker
Apr 27 at 10:46
32 posts
AI will surely have a significant role to play in the future of trading. Probably, advanced versions of trading platforms would create and augment themselves. So the question isn't whether man or machine will triumph. I believe the answer is neither; the future belongs to a man with a machine.

tatteredhope
Apr 27 at 11:00
9 posts
I would just like to add that AI does not stand for 'Alternative intelligence'. AI is an acronym for 'Artificial intelligence'
CraigMcG2020
Apr 27 at 16:44
395 posts
BrienBooker posted:
AI will surely have a significant role to play in the future of trading. Probably, advanced versions of trading platforms would create and augment themselves. So the question isn't whether man or machine will triumph. I believe the answer is neither; the future belongs to a man with a machine.


Very clever and to be honest true. EAs are machines and are not really successful and lots of traders fail trading but putting the two together can definitely be interesting. I use a trade manager to manage my trades and i think it helps a lot
Crotchet
May 02 at 05:51
24 posts
AI is going to play a major role in all fields including trading in future. As it is already seen that AI led robot trading has brought significant changes in the way we do trading. So the future of AI in trading seems to be bright.
davemack
May 03 at 06:35
78 posts
tatteredhope posted:
I would just like to add that AI does not stand for 'Alternative intelligence'. AI is an acronym for 'Artificial intelligence'
AI is Artificial Intelligence which is a kind of software that analyses the situation and responds on its own according to the programming done. In trading also these AI are known as Expert Advisors or EA. They Identify the potential trading opportunity, does market analysis; both technical and fundamental, place the order and execute the trade.
Rejigger
Jun 27 at 04:59
25 posts
Yes, artificial intelligence has changed the situation in the market. Many newbies take the help of EA and often, most of them fail because even when they do help analyse data and make decisions for you, it may not always work out. AI will continue to evolve future trading techniques.
NewCityTrader
Jun 28 at 09:23
48 posts
Rejigger posted:
AI will continue to evolve future trading techniques.

Oh yes, and it's happening pretty quickly. Soon, hybrid systems and hybrid teams become a standard for funds. It's interesting how the retail traders market will develop.
Huge Changes, New Ideas & Decline Of Traditional Investing
Marcolis
Jun 28 at 14:36
175 posts
NewCityTrader posted:
AI solutions will continue to mature. They will become more efficient and faster. At the beginning they will surely support us in various ways, providing knowledge, tips, automating tasks and processes.

This will be the time when the best results will be achieved by mixed teams (I would call them hybrid teams) composed of traders and AI.

An article on this topic is already in preparation, I will show in it the right direction of development, the next step of AI solutions adoption by funds. So far it is not well understood and I want to change that.

Ultimately, Super AI will be created, which will collect data on its own, analyze them and make investment decisions. I will anticipate a possible question – the AI I have in mind will work like an excellent trader, the best of the best in the field.

And the cost (variable) of creating and testing the new system will be equal to the price of electricity used by the computer.

The time to build a valuable strategy for using AI in funds is today.

The next important step is not to bet on a “standalone AI machine” (as many fund managers believe) but on a hybrid team of well-prepared and trained humans (including necessarily traders) and evolving AI.


I don’t agree with your assumption; AI based trading wouldn’t be easy or profitable! Manual trading is the only one solution!
NewCityTrader
Jul 01 at 13:01
48 posts
I don’t agree with your assumption; AI based trading wouldn’t be easy or profitable! Manual trading is the only one solution!

Manual trading has been a thing of the past for years. Especially in large funds. It is based on automats, robots etc, and hybrid systems (not necessarily AI-based).

But please explain why you think that AI systems will not be profitable?
Huge Changes, New Ideas & Decline Of Traditional Investing
Pendular
Jul 05 at 05:21
16 posts
In the future, AI will have a significant impact on all industries, including trading. As is evident, robot trading driven by AI has fundamentally altered how we conduct business. Therefore, it appears that trading AI has a promising future.
Marcolis
Jul 05 at 11:01
175 posts


Win Forex trading with good tactics and so you need passion and investment of time. Forex offers you a great opportunity for building your career. You must start trading with such a broker that offers you a very good environment for trading.
LabuyaChicay
Jul 06 at 07:36
93 posts
Whenever a trader makes entry to the market, he or she never cares about what approach to follow. But, I think it is the most important thing to determine the right trading approach because otherwise traders trade haphazardly without any direction
Rococo_XVII
Jul 26 at 13:28
70 posts
Artificial intelligence is an important aspect in the development of mankind. And the fact that AI will take an important part in trading cannot be denied. This is already happening. New Expert Advisors for trading are created every day. New robots that replace and facilitate the work of a trader. Whether this is correct, time will tell. I am for new technologies to appear and AI to work as it should. But I still do not rule out mistakes. Since even AI is created by man. And a man can be wrong.
Think thrice before opening an order
Mnern
Aug 31 at 15:18
23 posts
It seems to me that more professional traders are still of the opinion that everything needs to be kept under personal control.
There is some truth in it.
Most of the businesses are under full control.
It's all about money, personal wealth.
SteveFx11
Sep 04 at 13:07
145 posts
Traders have to learn from the market reality because learning will remain incomplete otherwise.
electrica333
Sep 08 at 11:40
53 posts
Trading will become highly automated when AI steps in, users will lack personal control and in some way I feel the growth of understanding the trades might also get decreased because then we will rely on system to conduct the major portion of trade by themselves with us having little authority over trades, although we can save great time with AI’s in trading. Everything has its pros and cons and alternative intelligence would surely have a huge impact on the trading industry.
HeavenLeighGill (HeavLeighGill26)
Oct 21 at 16:35
377 posts
I think it's very interesting to see how technology advances in the future and how it will affect so many different things about our lives, especially when it comes to trading.
leon90
Oct 28 at 11:39
40 posts
In my opinion, Artificial Intelligence will bring about so many changes in the trading industry, but watching this advancement closely will be an exciting experience since manual trading already gives us a grasp of how trading works, so it would be such a great learning experience for us.
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