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AI Forex Trading
Členom od Apr 18, 2024
3 príspevkov
Apr 18 at 05:08
Členom od Apr 18, 2024
3 príspevkov
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?
Členom od Aug 04, 2014
64 príspevkov
Apr 18 at 16:38
Členom od Aug 04, 2014
64 príspevkov
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
Členom od Apr 18, 2024
3 príspevkov
Apr 19 at 08:53
Členom od Apr 18, 2024
3 príspevkov
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.
Členom od Apr 08, 2024
32 príspevkov
Apr 19 at 10:22
Členom od Apr 08, 2024
32 príspevkov
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.
Členom od Apr 18, 2024
3 príspevkov
Apr 22 at 03:28
Členom od Apr 18, 2024
3 príspevkov
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.
Členom od Dec 06, 2020
1 príspevkov
Apr 22 at 09:06
Členom od Dec 06, 2020
1 príspevkov
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.
Členom od Jan 15, 2024
28 príspevkov
Apr 22 at 10:44
Členom od Jan 15, 2024
28 príspevkov
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.
Členom od Apr 08, 2024
32 príspevkov
Apr 23 at 08:47
Členom od Apr 08, 2024
32 príspevkov
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.
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