ChatGPT AI Made Me A $100,000 TRADING STRATEGY

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  • Опубліковано 15 чер 2024
  • Day Trading with me: bit.ly/3nWMv9l
    TradingView: bit.ly/3kqJjkN
    ChatGPT: chat.openai.com/chat
    -----------
    Today, we’ll be using ChatGPT to generate a trading bot and testing out various strategies with ChatGPT and Tradingview.
    Creating a trading strategy with ChatGPT seems interesting, and as a day trader, of course, I cannot miss out on these potential profits! I want to know if ChatGPT can generate the best trading strategy using $100K capital.
    We’ll be covering:
    1. How to use ChatGPT to create a trading bot using Pinescript code with indicators for entries and exits.
    2. How to backtest the AI bot trading strategies step by step.
    3. If the ChatGPT bot was profitable… or not.
    4. The advantages and disadvantages of using ChatGPT as a trading bot.
    I spent the whole day trying to figure out how to train the bot to give you the proper answers you want and, of course, implement the Pinescript code to create a working trading bot. Yes... I even upgraded to pay $20 a month to Open AI to create this video.
    As always, ask me your questions in the comments section below, and I hope you enjoy this video!
    #daytrading #chatgpt #ai #algotrading #quanttrading
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КОМЕНТАРІ • 1,4 тис.

  • @HumbledTraderOfficial
    @HumbledTraderOfficial  Рік тому +298

    What do you think about ChatGPT? 🤖 Do you use it every day? Or are you kinda freaked out?
    Part two of my ChatGPT trading strategy 👉🏼 ua-cam.com/video/4Ii7OR8-DLs/v-deo.html

    • @JediStockTrader
      @JediStockTrader Рік тому +40

      Im freaked out by click bait youtube videos. You knew damn well your doing that by making it appear like you made a ship load of money on the stock. Your title in the snap shot is deceptive.Stop doing that. Change it! Why do you do these videos.. ?Must be a source of income to cover the losses and for taxes.

    • @rk4l497
      @rk4l497 Рік тому +18

      @@JediStockTrader who hurt u lmao

    • @Juhsga
      @Juhsga Рік тому +3

      Not freaked out at all. Because my experience was it didn't give me results as good I could get my self for a very specific set of data. And as it suggests, being AI, it didn't learn or interpret what I was trying to accomplish even after hours of trying to fine tune it to tell me what I require. It was roughly 60 -90% getting me new data I wanted but not 100% at anytime.

    • @kbaykov
      @kbaykov Рік тому +4

      It is not something to worry about, at least with the current state of the technology which is officially presented, let`s hope there isn`t a dark version. It is just a very complicated data model which changes its behaviour based on the results it gets each time when going through a data, but the models are still static and need improvements on a daily basis, so Skynet is not yet here :)

    • @stevenwilliams9383
      @stevenwilliams9383 Рік тому

      I could never trust that lol

  • @chungdorothy
    @chungdorothy День тому +623

    I am sure that AMS94X will go 100x just like you said

  • @petervaidehi
    @petervaidehi День тому +293

    Why everyone is talking about AMS94X?

  • @leeleighanne
    @leeleighanne День тому +587

    Thanks for sharing PEPE and AMS94X. 💯

  • @davidworden1466
    @davidworden1466 Рік тому +383

    I've spent 100s of hours building indicator based straregies in python and a few did ok, but after all that, I think the best strategies do not rely on indicators but price action and volume. But its very interesting!

    • @TikMojTube
      @TikMojTube Рік тому +8

      Have you ever tried somehow incorporating market news

    • @davidworden1466
      @davidworden1466 Рік тому +3

      @@TikMojTube no I havent, I trade strictly technicals. Have you tried using market news?

    • @fabiajero
      @fabiajero Рік тому +2

      Have you incorporated price action and volumen to your scripts? which platforms do you use to test it?

    • @davidworden1466
      @davidworden1466 Рік тому +1

      @@fabiajero I haven't used strictly price action and volume for back testing, the issue is trying to code the logic for the way that I actually use it. I use a combination of price action, volume, and standard deviations. And I'm generally trading from a zone. If you're interested in back testing, I used python and a library called 'backtrader'. You can get stock datasets from yahoo finance to use.

    • @davidworden1466
      @davidworden1466 Рік тому

      @@midnightsxtc I used python and pycharm, anaconda isn't going to make logic any easier to design.

  • @mikedok1
    @mikedok1 Рік тому +11

    Way ahead of you Shay. I always hit the like button before I hit play. Your content is that good 😊

  • @ThomasHeintz
    @ThomasHeintz 10 місяців тому +105

    The market continues to decline; I've been exploring strategies; it appears that both bull and bear market periods give equal possibility to make big profits. In one news item, a 54-year-old man made $280,000 in five weeks. How can I learn these strategies? My portfolio has been dormant for several months.

    • @Adukwulukman859
      @Adukwulukman859 10 місяців тому

      The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.

    • @talented009
      @talented009 10 місяців тому

      Had a good run during my first year in the fin-market, I assumed I had a hang on it. However, things changed during the pandemic, and I needed to diversify into safe assets, so I approached a coach who devised a structure that matched my annual goal of 200k

    • @DarleneMurphy774
      @DarleneMurphy774 10 місяців тому

      @@talented009 that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you.

    • @talented009
      @talented009 10 місяців тому

      Elise Marie Terry is my portfolio-coach, I found her on Bloomberg where she was featured, I looked up her name on the internet. Fortunately I came across her site and reached out to her, you can verify her yourself.

    • @esther.74
      @esther.74 10 місяців тому

      @@talented009 Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

  • @123mirc
    @123mirc Рік тому +2

    Lovely video and a nice showcase of what this AI can do. I was looking mesmerized at the screen while the bot was writing the code. Thank you for sharing!

  • @ibcrypto6139
    @ibcrypto6139 Рік тому +19

    This is 100% very timely and has been on my mind as of late! Looking forward to this!

    • @tradingnews-fb9sv
      @tradingnews-fb9sv Рік тому

      Gptrader is the reason why I make an impressive amount in futures every week.

  • @whatdoufeel
    @whatdoufeel Рік тому +42

    You're awesome! Thank you for all that you do to help others.

    • @Malibu-gq3yn
      @Malibu-gq3yn Рік тому

      Gptrader has been instrumental in my success in trading.

    • @tradingnews-fb9sv
      @tradingnews-fb9sv Рік тому

      @@Malibu-gq3yn I use it, it is very good to start learning about trading

  • @BorisToscani
    @BorisToscani Рік тому +38

    ChatGPT is based on OLD data, even its strategies use old codes as a reference, and if you are a day trader .. in fact, any type of trading at all then you would that it is a bad idea. based on this video, you can see many errors in the code like the stop-lose and the short, it does very badly at does. that's basically how all indicators are. so not bad. haha

    • @thenaughtybear2742
      @thenaughtybear2742 Рік тому

      what is mean by using old data ? doesn't it keep updating data everyday since everyday the AI keep learning

    • @JolieJodion
      @JolieJodion Рік тому +3

      birizon uses high language which is what traders really need.

    • @michaelagustin4527
      @michaelagustin4527 4 місяці тому

      noo if u using free chat gpt that's data only last on 2022 @@thenaughtybear2742

  • @healthfullivingify
    @healthfullivingify Рік тому +25

    Great job sharing with us the AI trading, Shay. I love this idea and would love to see your adding a range of indicators you like and give it a go. It doesn't have to be with real money-- just choose a handful of Trading View's or your other best ideas and combine them. That would be extremely interesting. Thanks, Shay.

  • @ca-parker
    @ca-parker Рік тому +13

    Shay, thank you for this video! Only when you begin to understand the mechanics and psychology of trading will you really begin to have consistent success. It appears even ChatGPT needs to be trained how to make the best decisions and that comes from the person informing it and asking the right questions. It too will eventually learn and become consistent and successful.

  • @MarioGrasso-vy9hn
    @MarioGrasso-vy9hn 3 місяці тому +32

    I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.

    • @LindaDell-lf6ku
      @LindaDell-lf6ku 3 місяці тому

      Nathan James stands out because he keeps it real. Unlike some brokers with unrealistic goals, he delivers on what he promises.

    • @JackMichelle-sx4tk
      @JackMichelle-sx4tk 3 місяці тому

      Investing is not trading and has a vastly different goal, like trading, when done well, is about taking measured risks for discrete periods of time at sufficient volume as to generate profits, and typically involves wild swings in profitability. Investing is about minimizing risk to generate wealth over the long term, not generating short-term profits.

    • @user-bi8ge3em9i
      @user-bi8ge3em9i 3 місяці тому

      I am 17 started trading 5 months ago studied day and night read books and journal got frustrated so many times after lossing too much but this is my 5th months and right now I have made back 80% of my losses with consistent profit could have made a lot but I am trying to stick to my rules I have mastered my strategy and risk management I just need to fix my emotions😢

  • @martinettenes1789
    @martinettenes1789 Рік тому +1

    You doing an amazing job and deserve a BIG THANK YOU!! i will try to follow your video's and learn as much as possible.

  • @philgarrison4507
    @philgarrison4507 Рік тому

    That's Amazing!!! Thank you for sharing. What I love about you, You are always on the cutting edge. Please continue I would love to see what you come up with.

  • @marcussosa9474
    @marcussosa9474 11 місяців тому +14

    Hello😄I really like the fact that you show ACTUAL proof by going through everything live, makes it interactive and very interesting and more entertaining while you explain what's happening as the bot performs. Very good for a beginner like me. Thank you for creating such an awesome video! 👍

  • @yujial.3557
    @yujial.3557 Рік тому +11

    Thank you for this video. I would say that if the code can be more refined with your personal strategy, I would say this is the real 'scary' as it has no emotion to trade and just implements what your personal strategy asks to do/

  • @oneil780
    @oneil780 5 днів тому

    Love your open and honest video, keep up the great work

  • @talenap
    @talenap Рік тому +1

    I was just thinking something similar to this the other day. This is awesome! Thanks for posting this.

  • @christelsoetekouw3407
    @christelsoetekouw3407 10 місяців тому +3

    Very nice. I already used AI chat to ask questions about the firms but this is refreshing. Thanks for diving in the deep and finding out. I learned a lot, because I see you do settings I didn't use before. I just started 1,5 month ago an still finding out what all the info is telling me. Learning every day.

    • @W_I_I_N
      @W_I_I_N 3 місяці тому

      Mind to give us a 9 months update ??? Just starting myself, trying to do some research!

  • @OnSchranz
    @OnSchranz Рік тому +80

    While the title says ChatGPT made you a strategy, it was really you that made the strategy and just let ChatGPT write the code to execute it. So the title should be 'ChatGPT wrote some programming code for me' ;)

    • @Parmoz97
      @Parmoz97 3 місяці тому

      👍👍👍👍👍

    • @blanedoe4683
      @blanedoe4683 Місяць тому +1

      I think you are missing the real strategy, It's not the trading strat it's obviously us clicking on the video. It's marketing for the AI

  • @jedi1872
    @jedi1872 5 місяців тому

    I am loving your channel. Thank you for your lessons.

  • @romeindara3625
    @romeindara3625 Рік тому +2

    Thank you for the video I really appreciate you ❤

  • @minorsituation1363
    @minorsituation1363 11 місяців тому +5

    Dear Shay,
    Thankyou for the info on chat gpt. I have only used the chap gpt coding in pinescript in back testing. But chat gpt is only programmed to use pinezcript 4,although 5 exists. I also altered not only the time period but the % or contracts. This also improves things but not used for real yet.Thankyou for all you do.

  • @felixandrew1781
    @felixandrew1781 5 місяців тому +27

    Anyone else ever go through weeks and all you think of is quitting trading? That's been me recently

    • @MirabelAnderson522
      @MirabelAnderson522 5 місяців тому +2

      I totally understand how you feel. I've been there too, but Wealthwise Capital turned things around for me. I went from averaging $500 every month with a 200K portfolio to averaging over $5000. Right now all i can say is, i'm glad i didn't quit. And now, i'm in a much better place.

    • @m.fuzailbandarkar7023
      @m.fuzailbandarkar7023 4 місяці тому +1

      Don't quit
      Keep persevering and eventually it will all click.
      Your journey might be taking longer than others but you are definitely better now than where you were 2 years ago.

    • @Personwithquestions
      @Personwithquestions 4 місяці тому

      Hey Felix, I've been in your shoes but trust me keep going! Like the others say, it will click to you, never give up.

    • @jimallen-nx8hz
      @jimallen-nx8hz 2 місяці тому

      What I do when I get the trading shits as I call it is to step away. Become a audience member. Start seeing what changed and make notes. Then back test. Sounds stupid but keep it simple stupid

    • @AdamSmith-qe7ot
      @AdamSmith-qe7ot 2 місяці тому

      If you want to quit, you’re a loser making nothing. Don’t pussy out. Keep going. Failure is not an option

  • @gregpopek6212
    @gregpopek6212 Рік тому

    Wow! Shay, very interesting. Would love to see more. Thank you for all your help.

  • @davidav3980
    @davidav3980 Рік тому +10

    great video. I wish the AI could predict also the decisions of the people who control the FED, ECB etc...in order to know where the Interest Rate they want and what money supply they want.

    • @adriangarza3920
      @adriangarza3920 Рік тому

      Thanks to gptrader, I make a considerable amount weekly in futures.

  • @michaelmurphy4765
    @michaelmurphy4765 Рік тому +8

    Looking forward to this. I am very interested!! Keep them coming Shay!!

    • @HumbledTraderOfficial
      @HumbledTraderOfficial  Рік тому +1

      Thanks 🙏🏼

    • @michaelmurphy4765
      @michaelmurphy4765 Рік тому

      @@HumbledTraderOfficial For $hits and giggles are you going to try other indicators? That was very interesting Shay. Thank you!!

  • @user-ny5xe2hx7t
    @user-ny5xe2hx7t 11 місяців тому +629

    GPT always has a nice strategy to present for trade, but I haven’t seen any trade strategy as good as that of Shanita Creswell, she absolutely made a fortune out of the little amount I started trading with and she was the best teacher and mentor I’ve ever met all my period of trading

    • @DeborahPearson-ng2cs
      @DeborahPearson-ng2cs 11 місяців тому

      Shanita has changed my financial status for the best.!

    • @DeborahPearson-ng2cs
      @DeborahPearson-ng2cs 11 місяців тому

      All thanks to my aunty who introduced her to me.!

    • @LarsVanVeen
      @LarsVanVeen 11 місяців тому

      Her successful story is everywhere

    • @KadreYilmaz
      @KadreYilmaz 11 місяців тому +3

      Help me connect with Shanita Creswell

    • @KadreYilmaz
      @KadreYilmaz 11 місяців тому +1

      🙏🏻

  • @hstrinzel
    @hstrinzel Рік тому

    FABULOUS VIDEO! Great work! Thank You!

  • @tyleryard176
    @tyleryard176 Рік тому +2

    Awesome video keep tweaking, this is very entertaining

  • @johnvonsauers8867
    @johnvonsauers8867 Рік тому +3

    I'm kinda freaked out, but i picked up a few points. I'll watch the video a few more times. Thank you Shay, I love to watch all your videos.❤👍👍👍

  • @Ponchivaais
    @Ponchivaais Рік тому +7

    I love this! Can you make a similar video on Thinkorswim? And, how do you execute the trading script afterwards?

    • @HumbledTraderOfficial
      @HumbledTraderOfficial  Рік тому +6

      Sounds like a great idea

    • @ronyorobio7096
      @ronyorobio7096 Рік тому +4

      Oh yes, please! Make Part II with Thinkorswim and some twicks to the strategy!! That would make an awesome video

    • @davidabushnell
      @davidabushnell 10 місяців тому

      Unfortunately Trading View strategies run only in the tester. They cannot enter live trades on paper or at a broker. I’m thinking of asking an AI bot to convert a good strategy to MetaTrader 4 or 5 which it can code extremely well

  • @timst4543
    @timst4543 Рік тому +1

    Great video. Can you do a video on how to plan for trades for the day? If we focus on only 1 or 2 setups sometimes there’s no candidates for the day so if we had nothing else then it would be a wasted trading day. Are we always looking for the stocks that are running in the premarket? Even some Day 2 Consolidation stocks that had a big move on Day 1 will have little to no volume in premarket on Day 2 to trade the continuation. With so many strategies to look at and whether to decide to go long or short, it can be confusing sometimes what to look at for the day especially if it doesn’t fit your 1 or 2 strategies. Thanks!

  • @andyho2059
    @andyho2059 Рік тому +167

    I feel that no matter the results, AI trading will gain popularity among the retail investors looking for shortcuts and this wave could create more volatility and distractions for existing real day traders. I’m a full time day trader as well.

    • @BrownSpiderAdventures
      @BrownSpiderAdventures Рік тому +6

      It’s the end of the world as we know it.

    • @genjimccorkle5518
      @genjimccorkle5518 Рік тому +15

      Don't worry, when they start having $10,000 drawdowns, their Algo trading careers will be short-lived.

    • @TazaHLoGiiCaL
      @TazaHLoGiiCaL Рік тому +6

      @@genjimccorkle5518 I’m sorry, so people losing money isn’t something to worry about?

    • @pj5328
      @pj5328 Рік тому +20

      ​@@TazaHLoGiiCaL People will ALWAYS try to create shortcuts to become an overnight millionaire. I'm afraid, there is no fix for stupid.

    • @wilyamdein1359
      @wilyamdein1359 Рік тому +1

      People will still do what they feel good for them even without technology. Chart patterns still the same

  • @Dolomite141
    @Dolomite141 Рік тому +8

    Can you show how to actually have the CHatGPT generated code make real time trades automatically on your platform? It would be great to just set it and forget it :) Great video btw Shay !

    • @davidabushnell
      @davidabushnell 10 місяців тому

      Unfortunately Trading View strategies can be used only in the Tester. They do not generate actual order entries. I’m thinking of taking a successful strategy and asking an AI bot to convert it to MetaTrader 4 or 5, which it can easily do

  • @tonybreugem
    @tonybreugem Рік тому +1

    I am a recent fan of yours. Loving the videos and your fun style. Re AI strategy, pretty cool. Would love if you continue to refine. Cheers, your new Aussie fan . Tony.

  • @user-eu9hh4jt8c
    @user-eu9hh4jt8c Рік тому +1

    I love your enthusiasm. How do you stay so lifted and keen with trading for so many years?

  • @abhiabhi85
    @abhiabhi85 Рік тому +5

    She: Give me a strategy to make $100K
    Chat GPT: Only fans!

  • @kylergeston
    @kylergeston Рік тому +12

    Please keep working on this to see if you can bring up the Percent Profitable and the Net Profit.
    Would be interesting to know also if one could a lower the amount of capital required to start out with and still make money.
    Good luck HT.

    • @Maniablogs-kv8wv
      @Maniablogs-kv8wv Рік тому

      With the knowledge I gained from the gptrader course, I have managed to make a significant amount weekly in futures.

    • @TheKentist
      @TheKentist 11 місяців тому

      @@Maniablogs-kv8wvCare to share more?

  • @DB-li9em
    @DB-li9em 10 місяців тому

    I like your videos about trading. And I love you pronouncing "strategy". Stay be awesome!

  • @user-ri8xl8by9z
    @user-ri8xl8by9z 7 місяців тому

    Every interaction with you is a testament to your wonderful capabilities.

  • @hereticsaint100
    @hereticsaint100 Рік тому +15

    I think the problem isn't so much with chat gpt, but instead with the indicator you're giving it. Maybe try a different indicator, or more than one indicator. The v-wap is only so useful, especially when you are using only that. I'm not sure if you could train it to write a script using candlesticks as well. Maybe try telling it how you usually trade and see if it can write a script to duplicate that.

    • @melv.m
      @melv.m Рік тому

      A chain on this comment will be very helpful.. hope others will reply and give feedback..

    • @NotBedWays
      @NotBedWays 11 місяців тому

      I'll try in a not-so-soon future

  • @nathan3084
    @nathan3084 Рік тому +8

    For those who have more knowledge about the two subjects (AI and trading) is it conceivable to think that there will come a point where people will have access to an AI trading bot that could take into account all factors that affect the market and user preferences and trade on the users behalf? I suppose as an example, you could set up an account with X amount of money to begin trading with, set the AI trading bot to where it will trade each day that the markets are open and begin the moment they open, and then continue trading until either the markets close or perhaps when it has achieved a certain amount of profit for the day? In a nutshell, an almost completely hands-off approach to trading where the user is only required to supply the initial amount of money to trade with and selecting any specific parameters of the AI trading bot and then turning it on?

    • @Gptraderapp
      @Gptraderapp Рік тому +1

      ⬆ yes

    • @Fhkpgh
      @Fhkpgh Рік тому +3

      If every trade was a bot, what would happen to the market?

    • @nathan3084
      @nathan3084 Рік тому +2

      @@Fhkpgh I had been thinking about that as well. If every person had access to this and every trade netted a profit, would it be good or bad for the market?

  • @lucjean5750
    @lucjean5750 Рік тому

    Cool vid Shay!! Ya its pretty crazy to think about!

  • @robcallan1
    @robcallan1 6 місяців тому

    That was an excellent video. Entertaining and informative. Great work.

  • @bryanf.7762
    @bryanf.7762 Рік тому +3

    Hedge funds are already using computer algorithms now... Maybe it'll give the average trader an edge as well. Thanks for the video! 😃

  • @cairun
    @cairun Рік тому +52

    I think that if you don’t specify the quantity to buy or sell Pinescript defaults to buying or selling 1 share per order. So, the script may not be utilizing the full $100k. But, nonetheless, thank you for the excellent video.

    • @Kyle-MoneyProphet
      @Kyle-MoneyProphet Рік тому +2

      Yes it does actually. You need to specify entire $100k position.

    • @adriangarza3920
      @adriangarza3920 Рік тому

      Gptrader has been a great help to me in my trading.

  • @SquawkTradeFX
    @SquawkTradeFX Рік тому +2

    This is very interesting. Did you try asking Chat GBT. "Considering historical price data and swing high and low, can you please create a strategy....." to see if it will create a bot specific to an instrument?
    great vid!

  • @ing0589
    @ing0589 Рік тому +1

    AI!!! Awesome stuff. Thank you. Keep it coming girl.

  • @glenbert1396
    @glenbert1396 Рік тому +9

    I came here to get an idea of how to trade utilizing A.I after hearing a guy on a podcast talk about the importance of A.I and how he made $360,000 in 6 months from $50,000. This video has helped to clarify a few things for me, but I'm still puzzled, I'm a rookie, and I'm open to suggestions.

    • @baileymclean8186
      @baileymclean8186 Рік тому

      Investing in stocks is a good idea, a good trading system would allow you to spend many successful days.

    • @NetNinja01
      @NetNinja01 Рік тому

      What was the name of the podcast and or do you have the name of the person who did this?

  • @joeyd4364
    @joeyd4364 Рік тому +107

    Interesting video Shay. A note to your viewers; programed trading and AI trading are two vastly different approaches to trading. Using Chat GPT to code your trades is programed trading although you're using an AI to code. AI trading is when a bot actually "learns" from its mistakes to improve its trading going forward. To the best of my knowledge, a consistently winning AI trading bot has never been developed......yet.

    • @reck0n3r
      @reck0n3r Рік тому +20

      Institutional investors (ie: big banks, hedge funds etc) have had AI programs front running trades for decades now.

    • @ccombar
      @ccombar Рік тому +2

      @@reck0n3r do you really need an “AI” to front-run trades? Or is it just a simple algo that front loads client trades?

    • @braddistler5697
      @braddistler5697 Рік тому +9

      Lol yeah heads up ai runs 97% of market. This is verified by theo trader don Kauffman who used to watch these trades take place and used to see accounts live while we trade on think or swim platform. They estimated about 3-5% of all trades are retail and rest is institutional bots. They kill ranger days but trend days give most profits back. Always in market approach so they do win but trend days are common and Theo said the bots just die averaging into loosing positions when it doesn’t pull back they’re just stuck.

    • @cmthekilla
      @cmthekilla Рік тому

      IM PRETTY SURE THIS ALREADY EXISTS BUT ITS PUBLIC KNOWLEDGE (LIKE EVERY OTHER TECHNICAL ADVANCES)

    • @zacharybemis3958
      @zacharybemis3958 Рік тому +9

      Renaissance Technologies and their Medallion fund have been doing exactly that since 1988. The fund is literally the most profitable, longest standing fund in the world. Dozens of books written about their success. Wikipedia would give you a good sample of info too, if you're curious. Sometime in the late '90's the firm went entirely automated. The company only employs technicians now to maintain data collection and system stability. The "machine" executes all orders, collects its own data and adapts it's own models according to market conditions. People play no role in the most successful trading firm in history.

  • @rg5753
    @rg5753 Рік тому

    Hi very nice video, please can you tell me what account in trading view you got as some options doesn’t show in the free version

  • @gregoryrhoads1062
    @gregoryrhoads1062 Рік тому +2

    That would be a great program if you can sharpen the way to get the most efficient and profitable positions and trades. Interesting enough to keep looking into it. I look forward to your next video. TY!

  • @oozecloud4511
    @oozecloud4511 Рік тому +6

    Im a second year IT student, and I know a lot more compare to an average 2nd year student, and that script is pretty simple to understand, thanks for letting me know that I can use my programming skills with trading view

  • @SweetCicely
    @SweetCicely Рік тому +4

    AI. I appreciate your transparency.

  • @JacobCarline-hn1nh
    @JacobCarline-hn1nh 9 місяців тому

    Good work 👍
    Will it do a little better with ATR 14
    Based trailing take profit and trailing stop loss? And scalp settings triggering trades to an MA like SMA 5' 8' 13 as a simplified technique?

  • @petermark5693
    @petermark5693 Рік тому

    Informative video, sister! Keep up the great spirit always as that is our only asset 👍

  • @gavincrouch
    @gavincrouch Рік тому +9

    I have done this for MT4. You have to break it down into simple instructions (code per function) that you paste together, so at least a junior level understanding of the language is still required for that, and to bug fix errors. I don't know Pinescript, but I knew what the error was complaining about and how to fix it (your sell condition has the 'or' condition check in the wrong place, it should be inside the brackets, likely replacing the comma), that just comes with coding experience in any language.

  • @ShellyBBird
    @ShellyBBird Рік тому +3

    Awesome timing on this video. I had just started playing around with ChatGPT and trading. I’m more interested in using it to return data for analysis. I’m really curious about the future with AI. It’s exciting

    • @SprakanaKerum
      @SprakanaKerum 4 місяці тому

      Where are you at now on your understanding of AI to analyze the market? I just this week decided to go down the same route

  • @8nfinityXP
    @8nfinityXP Рік тому

    This video is awesome thank you!!

  • @Maximus18.6
    @Maximus18.6 Рік тому

    You are awesome. Thank you very much for this video.

  • @ermenejildo84
    @ermenejildo84 Рік тому +4

    That's a great video! You should ask your brother to learn Pine Script! Lol But seriously, It would be awesome if you could crack those codes and make a profitable strategy!

  • @Hackbridge1963
    @Hackbridge1963 Рік тому +3

    Thank you for the video. I know nothing about Trading but you made it very interesting and doable. I wouldn't want to trust Chat GPT or any AI with my house but it is a tool, and essentially we shouldn't think it can or ever will replace humans.
    Once again thanks for a wonderful video, and yes I'd like to see more. 🙏🏽🇬🇧

    • @ca-parker
      @ca-parker Рік тому

      This is all very interesting. After doing some quick research on Chat GPT and now watching her video this morning, surely Chat GPT can run this program and then have Trading View kick off an alert so then you can make a final decision whether or not to place a trade. I use Fidelity as a brokerage but I also use Trading View as it has so many more tools for chart analysis.

  • @riveroaksartssociety
    @riveroaksartssociety Рік тому

    Yes, please continue with this series.

  • @afiqaidyn
    @afiqaidyn Рік тому

    I think I like this video, thanks Shay you are awesome👍

  • @paulmitchell9954
    @paulmitchell9954 Рік тому +3

    A bit of a warning from an experienced programmer here: please make sure you test the AI generated code well, especially on a DEMO account before you use it on a live account ... I've had the ChatGPT create code for me many times which at first glance looked really good and impressive but later turned out to be a bit of a "nonsense-logic" and I had to reiterate over and over to the ChatGPT what it is EXACTLY that I wanted and it kept re-writing it's own code ;-)

    • @SprakanaKerum
      @SprakanaKerum 4 місяці тому

      Was ChatGPT able to edit itself well? Or did you still need to wade in and tweak it so it's usable?

  • @stephaniea.mitchell8034
    @stephaniea.mitchell8034 Місяць тому +12

    We work for years to earn $1million on our retirement, while some people put thousands of dollars in some meme coins and they become millionaires.

    • @jameskourygabriel4973
      @jameskourygabriel4973 Місяць тому

      I'm a bit perplexed saying Derek Mia Scott has been my mentor since I met her.

    • @nested9301
      @nested9301 10 днів тому

      Yeah cry about it

  • @BrianMerryPhotography
    @BrianMerryPhotography Рік тому

    Tx so much for this S. It was very interesting. AI & Chat GPT - more education. Cool

  • @MrVuTrades
    @MrVuTrades 5 місяців тому +1

    Thanks for sharing.

  • @mlimrx
    @mlimrx Рік тому +3

    It may be that ChatGPT is good for systematic trading at this point, if the code can be refined. In other words, something that is a bit more long term. As I believe logic, patience and sticking to the rules has more of an impact on this type of trading. However, for short term and swing trading I think there is a large degree of human flexibility behind the success of a trader. Trading is in many ways both an art and science. I think AI at this point is a bit too narrow of a tool, however, honestly who know where it will be in a decade.

    • @tradingnews-fb9sv
      @tradingnews-fb9sv Рік тому

      With the help of gptrader, I make a considerable amount in futures every week.

  • @beautyofthailand7393
    @beautyofthailand7393 Рік тому +7

    To make it better, I would add more indicators such as RSI and EMA crossovers.

  • @buyerclub2
    @buyerclub2 Рік тому +2

    I dont watch every of your videos, but when I do, I am always impressed. (Pardon the use XX)

  • @jackmundo4043
    @jackmundo4043 Рік тому

    Excellent. Thank you.

  • @VictorBrown3681
    @VictorBrown3681 Рік тому +9

    Can you try changing the VWAP length on various time-frames? Instead of a 3% max profit, try a 0.5% return. 0.5% return with a $100,000 max risk is $500. I think 3% limits your overall profit potential, especially if shorter time-frame scalps are plausible. Right or wrong, this may help your profit %.
    Thanks for your reply.

  • @lagomyeggo
    @lagomyeggo Рік тому +3

    I want TO see this NOW !!!!!LOL! THX YOU :)

  • @justdoit4492
    @justdoit4492 Рік тому +1

    Very interesting indeed! I'm not really into bots for trading, I like doing it myself but who knows down the road. Also you might have to code for market trading hours...

  • @Rudi_t
    @Rudi_t Рік тому

    Thank you for the great video as always💥

  • @Old299dfk
    @Old299dfk Рік тому +9

    If you take into account most of the stock market is controlled by highly fine-tuned algorithms anyway; it's about time we all got a leg up.
    Go and view the top stocks and you'll see that they tend to follow the same trend - that's not because anybody is buying or selling at the same time, it's because the worlds biggest hedge funds with the fingers in the most pies - have the same algorithms trading every stock.
    In today's unbelievably manipulated market, I'm glad we are getting a chance to take back some of the pie.

    • @USDJPYforexrobot
      @USDJPYforexrobot Рік тому

      🤖

    • @NetNinja01
      @NetNinja01 Рік тому

      The stock market is 100% rigged if it wasn't you would see 100% swings everyday.

  • @mrmar-que6307
    @mrmar-que6307 Рік тому +3

    Her- It's really scary 😬
    Also her- So anyway I was messing with it for hours.😎

  • @robbie4803
    @robbie4803 Рік тому

    Yes, would be fun to see more examples using ChatGPT

  • @HawaiianSkies
    @HawaiianSkies Рік тому +1

    This will only get better in time. The bot needs exact instructions. Thx for doing this. It’s so crazy. Another trader has a bot set up that is doing very decent. Depends on the strategy & the instructions.

  • @meggershelmuth5839
    @meggershelmuth5839 Рік тому +1

    Please I need someone to help me trade or invest the market because I'm tired of trading in losses myself. I've blown my account more than once and it's so disheartening.

  • @matawilliam4137
    @matawilliam4137 Рік тому +2

    16:51I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN...I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED... CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?

  • @marneymorris1396
    @marneymorris1396 Рік тому

    what?!!! did i not see your logo until now?!! it is soooo good! way to go shay!

  • @panamajack3174
    @panamajack3174 11 місяців тому +2

    Came bk to watch this again. Thank you! Any updates???

  • @dorisdiwata1360
    @dorisdiwata1360 Рік тому +2

    Thank you for this wonderful video! I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong?

  • @KEMELVV
    @KEMELVV 9 місяців тому +1

    Great video, trading come with a lot of benefits And I have just bought my second house through it. As a beginner I was scared of loosing my savings but I’m glad I took the bold step that is now favoring me.

    • @aylapaquette
      @aylapaquette 9 місяців тому

      Congratulations 🍾

    • @aylapaquette
      @aylapaquette 9 місяців тому

      I will love to be your friend dear as well as sharing some i dears which you're benefiting.

    • @lillianpotter1629
      @lillianpotter1629 9 місяців тому

      Hey how good are your e@rnings I will like to get some insights into trading thank you.

    • @KEMELVV
      @KEMELVV 9 місяців тому

      Currently i can attest to the fact that I make $19,600 weekly through trading which is more better then my monthly salary job. trading becomes my passive income.

    • @lillianpotter1629
      @lillianpotter1629 9 місяців тому

      Big congratulations to you the amount is good. Honestly I want to get to thet level, because am a single mum with 2 kids ☺️

  • @thecelt4807
    @thecelt4807 Рік тому

    one of the best and kindest information giveaways Ive ever seen God bless you .. subscribed liked

  • @petersammut191
    @petersammut191 Рік тому

    Your the best and most Honest on the net thanks so much for your info.

  • @harrisdouglas7291
    @harrisdouglas7291 6 місяців тому +3

    Well, it's all about positioning and how valuable you are to the marketplace. If the marketplace thinks you deserve 1mm dollars or more, it will in turn give you that amount

    • @valentinaalaben4791
      @valentinaalaben4791 6 місяців тому

      Doctors, Lawyers, & Upper management in the US and Europe earn on average over 150,000 dollars per year. If you're good at what you do and hyper-specialized you can double or even triple that amount...

  • @user-ov2ks1oz5o
    @user-ov2ks1oz5o 7 місяців тому

    Appreciate your growth and knowledge ��

  • @JohnMichael007
    @JohnMichael007 8 місяців тому +4

    *Thanks bud for keeping us financially Educated Regardless of how bad it gets on the economy, I still make over $28K every single week.*

  • @danielcerda2285
    @danielcerda2285 Рік тому

    I watched your video on UA-cam because it is the same strategy that I was thinking of. Keep going that will work.

  • @user-nv9yq3ut7m
    @user-nv9yq3ut7m Рік тому

    Thanks for the intro nice work would AI be able to use different platforms like Sierra Chart?

  • @meghzaouimehdi3635
    @meghzaouimehdi3635 Рік тому +7

    there is no such thing in the market and my guess this is what she gonna confirm

    • @findtruth5329
      @findtruth5329 Рік тому

      yeah, i hate this thing of making provocative titles just to get views. if you're such a successful trader, why're you making youtube videos? lol i dont know why these still show up on my feed.
      i saw some of her loses a day and how she trades and its like WOW, these are the professionals? I must be God-level.

    • @HeyUncleA
      @HeyUncleA Рік тому +7

      @@findtruth5329 don’t click it then geezus

    • @findtruth5329
      @findtruth5329 Рік тому

      @@HeyUncleA hope you enjoy her $100,000 and her algorithm! Let me know what you bought! Thanks!

  • @Juhsga
    @Juhsga Рік тому +4

    I'm sad that you didn't use TOS for this .... :(

  • @davidcodd3398
    @davidcodd3398 2 місяці тому

    Thats great. I love tradimg view but am new at trading. How to you get ai to place the trases for you ?

  • @ChavanAmeya
    @ChavanAmeya Рік тому

    You're so funny. I subscribed the moment your brother said What is Pinescript 😂