AI Trading are you already doing it?

[lory]

Hey everyone,

I’ve been following a few videos from MoonDevon on YouTube, and I’ve got to admit, the way he’s using AI trained trading bots to generate income is pretty fascinating.
It almost looks too good to be true at times, but it definitely piqued my interest.

I’m curious if anyone here has tried something similar in real world trading not just backtesting or theory, but actual live execution.
Have you trained your own models, or used ready made systems and fine tuned them to work with your strategy?

Also, I wonder how these bots actually handle volatile conditions, like sudden news drops or high impact days.
Are they reliable long term, or do they fall apart outside of ideal conditions?
And from a practical side: do you host them yourself, or run them in the cloud somewhere?

Lastly, if anyone has recommendations on platforms, frameworks, or services that are worth testing out for building or experimenting with this kind of thing, I’d really appreciate it.

Would love to hear your thoughts or real experiences if you’ve tried anything in this space.

 

[void]

exactly

how likely it is that you can buy a piece of software that makes money without you bringing the edge? it's as likely as buying sports betting tips or a shovel in the middle of the golden hoping it will find and dig the golden nugget itself

one can get rich without proof of work only by accident and temporarily

 

[lory]

I get that it sounds unusual and yeah, you can’t just buy software that prints money for you. But let’s be honest, a lot of tools and platforms can generate serious income indirectly, if you actually know how to use them properly.

AI is no different in that sense. It's not about letting it do everything for you, but more about how you leverage it to assist your decision making.
Sometimes it gives you insights or ideas you wouldn’t have come up with on your own and that can be worth a lot in the right hands.
Just look at BlackRock and their use of AI through Aladdin. They’ve integrated advanced analytics and machine learning into their portfolio management on a massive scale and it’s clearly working for them.

So while the idea of an “AI money bot” might sound too good to be true at first glance, the core concept of using intelligent automation to gain an edge is already very real and already making people (and institutions) a lot of money.

 

[void]

cargo cult is a real thing
if supported by massive modern marketing then it becomes even easier to fall for it

AI is first and foremost a buzzword not any different from GREEN or CLOUD or "E-" or ".com" or SUSTAINABLE
it's a label put on whatever software one has because it's a marketing mistake not to do so

 

[dnb]

word haha

 

[Davis123]

I only believe in manual trading. Tried many bots with massive failures.

 

[shimo]

Its just marketing bait dressed up with buzzwords. They show flashy results to hook you in, but rarely hold up in real market conditions.
In fact, there are cases that can yield positive results, and you can earn 300% per year, but this is an exception. More than 90%+ of traders lose their money, just like in a casino, and the only consistent winners are brokers and ‘experts’ who sell you signals or bots.

I was also interested in AI trading and tried to collaborate with one of the top ‘bot writers’ to create my own project, and here's the long story short: Apart of automation, to survive, you need to manoeuvre carefully in the market, using the minimum lot size on volatile days to reduce drawdowns, and increasing the lot size only when the market is calm and there is no important news. The reality is: even with a professional team and 15 years of experience, there are still ~100 days a year when the balance gets wiped out, forcing new deposits. In the end, profits might balance out, but it’s a constant cycle of recovery rather than easy money.(Just to keep picture positive and continue selling your bot)

Theoretically, yes, you could develop algorithms that scan all the news, track thousands of market indicators and strategies, and dynamically adjust risk management. But such systems will never be available to the general public - they will cost a fortune(right now), and only a few people will be able to afford them. And for sellers, the profit from these few serious buyers is much less than the money they make by attracting the masses who succumb to the glittering promises of ‘easy’ money.