How is AI changing the way trading works?
Given that fundamental analysis often means going through loads of data like spreadsheets and SEC filings, is it possible that AI could trade so accurately that it makes human decision-making unnecessary? Also, how has AI already become a crucial part of advanced trading methods? And if I'm just an individual trader, how can I start using AI in my trading, and what could trading look like in the future if AI becomes a must-have tool?
Ask for advice on how to manage trading positions in order to achieve long-term stable profits?
If you want to make money in trading, what principles do you need to understand?
What is the essential difference between a good analyst and a good trader?
There is a huge difference between a good analyst and a good trader. Many analysts analyze the market and talk about theories in a clear and logical way, with a high accuracy rate.But once on the battlefield, the real gold and silver were slaughtered in the market, and most of them returned in defeat. The truly powerful masters are consistent in analysis and transaction execution, which is what we often say is the unity of knowledge and action.To become an excellent trader who combines analysis and actual combat, obviously, this goal is not easy. This also confirms the reason why there are so many callers who are quite accurate when you look at them, but you will lose money if you follow them.[Image]Most theorists end up being a one-man, the kind who don't do it themselves.What do you think?
Why do many people in trading study Taoist or Buddhist theories?