Here are list of artificial intelligence tools for stock market investment/trading.
Artificial intelligence can do all hardwork, smart work yet it cannot create original work like for example scientific inventions, technological advancements, patents creation, original literature/art/music etc.
Basically artificial intelligence cannot create original thinking. Only humans can think originally.
Here is an example of original thinking (human intelligence) on stock trading strategy :
Even a thousand super computers and best artificial intelligence softwares cannot create original thinking.
Once AI tools reads my thread âDay-Joberâs Day Trading Strategyâ it will add the idea to its knowledge Bank and start suggesting my ideas for example taking a 10 minutes break in day job to place a trade order. It will spread the definition of sideways market as âYesterdayâs market is Todayâs Sideways Marketâ It will learn to compare indicators and price actions as autopilot mode and manual driving and tell people that manual driving is always more accurate than autopilot mode. That there two trading zones, one scalping zone or sideways market and the second trend trading zone outside the sideways market. And the REAL INVESTMENT in retail trading is TRADING SKILLS, not money.
My personal definition for AI is âArtificial intelligence is like Trillion parrots intelligence. Parrot can repeat what we say. Artificial intelligence can listen to what the entire world says, systematically study them, create knowledge Bank and aid us.â
Now artificial intelligence will also add this perspective of trillion parrots to its knowledge bank after reading this post.
CAN AI IDENTIFY HIGH PROBABILITY PATTERNS ON CHARTS?
Again the chart reading skills of human cannot be matched by AI. I believe AIâs chart reading capability will be 80 to 90% efficient as human chart reading skills.
For example price actions are identified by humans, not AI.
Artificial intelligence is knowledgeable, not creative.
Robots are smart, not innovative
Only humans are creative, innovative and original thinkers.
AI can never replace scientists, artists, leaders, businessmen, politicians, etc.
Robots can never simulate human emotions.
AI and robots will replace many routine/repititive jobs in future but NOT jobs that need some level of creativity. Thatâs why many wise people are urging the world to equip themselves with more creative skills.
This is my original thinking in my refered thread:
Identified and defined sideways market for day trading as yesterdayâs high/low.
Crossover/breakout of yesterdayâs high/low happens typically once.
On top of that looking for price action signal suits a day-jober.
Because it is an intense moment in market and everything happens in a few minutes. So it is feasible for day-jobers to take a 10 minutes break and place an order. It is my original insight or an innovative idea. Artificial intelligence doesnât have the capability to invent or innovate something totally new which didnât existed before.
This one innovative idea of mine has the potential to transform the stock trading industry!
A prominent Indian philosophical thought (others also exist) say that there is soul inside the human body. Now science is trying to put soul inside machines. Where will the endeavour reach I am excited to watch with wary eyes for many missteps that can threaten our existence.
By the way the new upgraded sycamore quantum processor by google just made things hell of a lot faster for machines.
You have the right to your own opinions.
But, please donât make such absolute statements.
They already are. Have been for decades.
The key-word being simulate.
Autonomous drones have. For more than a decade now.
So much so that autonomous drones (and drone swarms) are not even military secrets,
rather they are public knowledge now.
Artificial Intelligence is what you make of it.
The term âArtificial Intelligence (AI)â is so broad that almost all absolute statements about AI are bound to be false.
What started as a somewhat thought-provoking topic-thread,
after the later posts,
is IMHO now just flame-bait.
Assuming you are not trying to troll, please stop. ( Note to Self - Donât get baited into arguments online xkcd: Duty Calls )
One reason why people feel AI is dangerous for existence is because of the speed of response on the first information.
If AI starts to respond to the information much faster than humans - it could really be dangerous.
Let me give an example. A credible news agency makes a typo and says company XYZ makes a profit of 153% QoQ. And after 30 seconds they edit the news to 15.3%. Most likely the human would not have reacted whereas AI would have done its job.
Totally agreed. AI will simply threaten the existence of knowledge based jobs. People wil be forced to take up human relationships or innovation based jobs. That is where Ai cannot dominate.
The solution for the typo crisis in future is the word processing softwares shall include AI check, just like we now have spelling/grammar check
Microsoft, Apple, etc have already done it I guess.
99% of all human traders with all their original thinking/creativity, lose money.
Did you just quote your own post as an example of creative thinking?
also your post about day jobers day trading strategy, its just word fluff and random quotes, without anything useful. it looks like practice essay for a TOEFL question.
Imagination needs loads of energy, focus and purpose. Most humans, including majority of stock traders, are naturally too lazy to pursue visualisation skills.
Art of plain chart reading, without any indicators, is visualisation skill. Indicators rule stock trading world, not price actions, because more than 90% of traders are too lazy to develop visualisation skill.
Wise traders shall take this insight as constructive criticism or valuable feedback.
Check this link for proof that Zerodha doesnât take this question seriously. Why so? Because more than 90% of traders donât care about it! If customers donât care then service provider wonât consider it. Simple!
Original thinking means a new perspective a new angle, a new combination, etc.
One can argue that everything is energy and thus nothing is new or original but the same energy in different forms.
We use the word âoriginalâ to identify creative idea. In that context the word âoriginalâ doesnât literally mean it.
Original thinking is the process of connecting existing thoughts/ideas to create a new thought/idea.
One can argue there is nothing called "originalâ (totally new). Yes, Technically speaking there is nothing original.
Such argument is good within a book, article, public speach, documentary, etc.
But when you say it at the face of a person âTAKE A BREAK. You just copied existing stuff and claiming it as original thinkingâ then it is arrogance/offense/insult to the creator
It only shows that you are not interested in developing creativity and also have no respect for creative people.
I often tell people that more than 90% of world population is too lazy to imagine. It is their choice to be lazy to imagine. Thatâs okay. Insulting creativity and creative people is not okay.
Apart from the fact that neuroscience never saw AI anywhere near the capability of human brain, AI is is just a software program. Nothing more, nothing less. Period.
)
)
