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Trading VS CHATGPT
Member Since Jul 09, 2023
13 posts
Sep 12, 2023 at 05:00
Member Since Jul 09, 2023
13 posts
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.
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
Member Since Jun 03, 2023
1 posts
Member Since Mar 14, 2019
11 posts
Member Since Jul 09, 2023
13 posts
Sep 25, 2023 at 15:22
Member Since Jul 09, 2023
13 posts
fluterman posted:I know how to do that. i have done that already. and have successful results.
Absolutely, it's crucial to thoroughly test any trading strategy or trading bot before using real funds.
Empowering traders with knowledge for profitable futures
Member Since Jan 17, 2021
8 posts
Member Since Jan 18, 2021
18 posts
Member Since Oct 10, 2019
3 posts
Jan 30 at 14:37
Member Since Oct 10, 2019
3 posts
seepanmol786 posted: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.
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.
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
Member Since Oct 10, 2019
3 posts
Jan 30 at 14:38
Member Since Oct 10, 2019
3 posts
kurtbernier posted: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.
Chatgpt bots dont compile in most cases. Ive tried and failed many times. Maybe there was an error in my code.
Slow and steady
Member Since Jan 25, 2022
165 posts
Jan 31 at 06:31
Member Since Jan 25, 2022
165 posts
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!
Jan 31 at 10:55
Member Since Feb 12, 2016
124 posts
seepanmol786 posted: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?
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.
Member Since Jul 09, 2023
13 posts
Feb 02 at 12:36
Member Since Jul 09, 2023
13 posts
princesajir posted:Yes. I have succeed this way only. you can check my stats on my portfolio.
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!
Empowering traders with knowledge for profitable futures
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