AI Forex 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?

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

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.

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.

khalidkhan82118 posted:
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.

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.

RogerRick posted:

khalidkhan82118 posted:
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.

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.

How do you use AI, where can you see the statistics?

RogerRick posted:

khalidkhan82118 posted:
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.

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.

I want to see statistic too.