Trading VS CHATGPT

Sep 12, 2023 at 05:00
Vues 562
13 Replies
Membre depuis Jul 09, 2023   posts 13
Sep 12, 2023 at 05:00
MAKE A STRATEGY FIRST. THEN PUT THAT STRATEGY IN THE CHATGPT TO MAKE A BOT, THEN TEST THAT BOT ON YOUR DEMO ACCOUNT. THEN TEST THAT BOT ON THE PAST DATA. THEN PUT 100$ FOR REAL TRADING.

NEVER EVER GO LIVE WITH THE REAL BALANCE UNLESS YOU HAVE TESTED THE STRATEGY/BOT/INDICATOR ALREADY ON THE DEMO.
Empowering traders with knowledge for profitable futures
Membre depuis Jun 03, 2023   posts 1
Sep 19, 2023 at 20:21
What's the detailed explanation of how it can be done?
Membre depuis Sep 21, 2023   posts 2
Sep 21, 2023 at 15:49
Absolutely, it's crucial to thoroughly test any trading strategy or trading bot before using real funds.
Membre depuis Mar 14, 2019   posts 11
Sep 25, 2023 at 13:29
Using chat gpt to design a bit is possible but you need to be very specific about what you want. So much so that you may as well design it yourself
Membre depuis Jul 09, 2023   posts 13
Sep 25, 2023 at 15:22
fluterman posted:
Absolutely, it's crucial to thoroughly test any trading strategy or trading bot before using real funds.
I know how to do that. i have done that already. and have successful results.
Empowering traders with knowledge for profitable futures
Membre depuis Oct 18, 2021   posts 93
Oct 02, 2023 at 12:02
Dude is it real?? Does Chat GPT may create something really good??
Membre depuis Jan 17, 2021   posts 8
Oct 02, 2023 at 14:16
I must give this a try this weekend. Is there anywhere online that gives good detailed instructions on how to? Also how can you back test an AI?
Membre depuis Jan 18, 2021   posts 18
Oct 03, 2023 at 09:14 (édité Oct 03, 2023 at 09:15)
There are lots of websites you can build EA if you know what your strategy is based on indicators.
Google: EA maker

many good and free and paid services

we've built some and some work out very well
Membre depuis Oct 10, 2019   posts 3
Jan 30 at 14:37
seepanmol786 posted:
MAKE A STRATEGY FIRST. THEN PUT THAT STRATEGY IN THE CHATGPT TO MAKE A BOT, THEN TEST THAT BOT ON YOUR DEMO ACCOUNT. THEN TEST THAT BOT ON THE PAST DATA. THEN PUT 100$ FOR REAL TRADING.

NEVER EVER GO LIVE WITH THE REAL BALANCE UNLESS YOU HAVE TESTED THE STRATEGY/BOT/INDICATOR ALREADY ON THE DEMO.
Agree on everything except backtesting. I have seen 1000 bots that on backtest are doing great and on real accounts are trash. And i also saw/used bots that on backtest performed very poorly and in real life market conditions made steady and logical trades.
SO if you have strategy in mind, and you know how to use ChatGPT to code it for you, try it on demo. It will still take a long long time until you finish
Slow and steady
Membre depuis Oct 10, 2019   posts 3
Jan 30 at 14:38
kurtbernier posted:
Chatgpt bots dont compile in most cases. Ive tried and failed many times. Maybe there was an error in my code.
I said it before, it takes a long time until you perfect it and get rid of any errors. But slowly you can do it but be prepared to use documenation too.
Slow and steady
Membre depuis Jan 25, 2022   posts 165
Jan 31 at 06:31
Great advice! Developing a trading strategy is crucial. Testing it on a demo account and historical data using ChatGPT to create a bot is a smart approach. Only when it proves successful in simulations should one consider live trading with a small balance. Patience and thorough testing pay off!
Membre depuis Feb 12, 2016   posts 65
Jan 31 at 10:55
seepanmol786 posted:
MAKE A STRATEGY FIRST. THEN PUT THAT STRATEGY IN THE CHATGPT TO MAKE A BOT, THEN TEST THAT BOT ON YOUR DEMO ACCOUNT. THEN TEST THAT BOT ON THE PAST DATA. THEN PUT 100$ FOR REAL TRADING.

NEVER EVER GO LIVE WITH THE REAL BALANCE UNLESS YOU HAVE TESTED THE STRATEGY/BOT/INDICATOR ALREADY ON THE DEMO.
Do you have any template for making request or maybe you can explain how to craft it to receive working code? Should I request the code to be written in MQL language or in Python?
Membre depuis Jul 09, 2023   posts 13
Feb 02 at 12:36
princesajir posted:
Great advice! Developing a trading strategy is crucial. Testing it on a demo account and historical data using ChatGPT to create a bot is a smart approach. Only when it proves successful in simulations should one consider live trading with a small balance. Patience and thorough testing pay off!
Yes. I have succeed this way only. you can check my stats on my portfolio.
Empowering traders with knowledge for profitable futures
Se connecter / S’inscrire to comment
You must be connected to Myfxbook in order to leave a comment
*Lutilisation commerciale et le spam ne seront pas tolérés et peuvent entraîner la fermeture du compte.
Conseil : Poster une image/une url YouTube sera automatiquement intégrée dans votre message!
Conseil : Tapez le signe @ pour compléter automatiquement un nom dutilisateur participant à cette discussion.