Curious to know if anyone uses AI tools to generate trading strategies, analyze financial data and market trends. If so, what tools do you use?

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Following. Anyone find perplexity pro to be useful?

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Y’all all going to be using the same pumping Strat until the house pulls the rug up under you 😂

This is going to end up bad.

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Sometimes I’ll use the to test my thinking on risk/reward or interpret a chart or explain specifics to me on the Greeks. Never for a trading idea. Def never on financials, chat will make sh’t up. However the question you posed would be a good one for CGPT, give it a whirl and post.

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Whenever I feed ChatGpt a ton of information and ask it to come up with a strategy, predict an outcome, estimate the future or current value of something it’s wildly wrong. It’s about as accurate as a magic 8 ball. I also find it horribly inaccurate on architecture, strategy. It gives me pause to use it because when I know a topic well, it seems dumb. So when it seems smart and I don’t know a topic well it might be sending me down the wrong path with an overly confident answer.

Where it did help me was programming a dashboard that tracks the velocity of capital, where it’s heading, the risk appetite of the market. I can basically see in real time where markets are headed and predict with a fair amount of certainty into the future for a short period of time. I can use that information in the prediction markets, or in trading.

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Market is fearful. I can see it based on where capital is shifting to. Small steady outflows to cash. No steady inflows to high, medium or low risk assets. It’s been mostly negative or flat since inauguration.

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only buy VIX if you think the market plumbing systems are clogged.

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Maybe that's ok.

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