Keep in mind that this is from the perspective of someone who mainly invests long-term (i.e. Roths and CDs), and only occasionally trades individual stocks.
As far as I can tell, day trading essentially comes down to analysis of past data and observation of trends/fluctuations, both of which AI is generally very good at. However, I can't find a consumer-level system that automates the process to create passive income. Why is that?
In theory, an AI system should be able to make the exact same trade decisions using the same logic as people if trained properly. What's the fatal flaw here? Why isn't the market flooded with systems that automate day trading?
Why Hasn't AI Changed Day Trading?
byu/ColesWork ininvesting
Posted by ColesWork
1 Comment
Ultimately, future price movements are not baked into past price movements waiting for someone smart enough to crack the code. TA people cannot accept this.