Hey, 4 trades is not enough. Let it trade in real time for at least 1000 trades over various stocks/coins. Then we can call it a positive/negative experience. Currently it's nothing.
I know you’re right, but i couldn’t stop laughing thinking what its like being a child in your house. “oh you got a trophy? talk to me about DOING YOUR JOB WHEN YOU’RE THE #1 DRAFT PICK! right now, its nothing. have you submitted your fun/chores/study algo yet for review with acceptable objectives and timelines? oh and you’re 2 yrs old, its now past time you receive a negative reinforcement conditioning now every time you wet your bed. you will be docked privileges such as food, toys, sleep, etc. you will be billed for soiling/damages/replacement of supplies taken from your college fund. you will now be up for weekly review. your siblings were all subjected to it and its a standard in the Grisham household. yes, im aware you only THINK you have one sister…. that is all.” yes…. i could see it now… 😂😂😂😂
it took me four years to discover that forecasting the market based on charts is pointless; you never know what will happen.I have a little over 250k i wanted to put in the markets but I don’t know what direction to head now.
I think A.I. will be the next major trend. To achieve lasting growth like META, it's essential to avoid impulsive decisions influenced by short-term changes. Emphasize patience and a long-term view, and most importantly, seek financial advice for informed buying and selling choices.
Reason I decided to work closely with a brokerage adviser ever since the market got really tense and the pressure became too much. I should be retiring in 17 months, so I've had a brokerage adviser guide me through the chaos. It's been 9 months now, and I've made approximately $685K net from all of my holdings.
Judith Lynn Staufer is my FA. Just google the name and you’d find necessary details to work with. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
Crypto is risky as many would say but I think the actual risk in Crypto is not investing, buying the capitulation isn't a tough call, but it is a very tough call to figure out what to do aside holding. I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Gomez. A widely known crypto consultant
I started working with Alex Gomez back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.
As an investment enthusiast, I'm intrigued by how top-tier investors manage to become millionaires through their investments. While I have a substantial amount of initial capital, I'm uncertain about the strategies and approaches necessary to achieve returns exceeding $400k, as some have done this season.
I agree, just because the market presents opportunities doesn't mean we should rush in headfirst. For this reason, we should look for appropriate market analysis or guidance or, alternatively, seek advice from certified market strategists.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K.
as I was watching this I thought need to rewatch at a slower speed, or with lots of pause/rewind. I work in software IT but I am not a developer. I work with lots of them so understand most of this but not apps/sites I normally work with....First video I have watched from Siraj and had to subscribe. Smart guy , good at explaining , just a lot of info in short timeframe..
Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to make.
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
@@marcelrobert9569 I've been in touch with a financial analyst ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
@henry Clifford James I happen to know "Julie Anne Hoover. She has been my fin coach since 2018, no major losses has been recorded. Totally recommend her too.
@@charlotteflair1043 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 resume.
Hi, this market may seem volatile but I could get you on a call with a Forbes CFA and discuss your current financial situation, risk tolerance and financial goals, the best of the best, working for you for all your financial needs, let me know otherwise happy investing!
this video was awesome are reminding me that as a normal person I know basically nothing about computers and coding but yet I couldn't stop watching. Good job
I remember having a consultation with a trade analyst last August, and it was incredibly insightful. Can’t stress enough how helpful experts in this field are!
Having Jonas Herman as my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Thanks for the advice, both of you. It’s reassuring to hear positive experiences. I feel more confident about moving forward with Herman now. I just shot him a mail. Thanks for sharing your experiences!
We admire the hustle dude, but anyone with above room temp IQ can recognize the pattern of these coordinated conversations that repeat across various trading and finance videos. The confluence of which being anything but artificial is virtually 1 in a million. To anyone out there looking for an easy road to success, you’re going to have to figure it out on your own. Outside of your immediate family, no one is interested in making you money if they don’t benefit more.
Watching the crypto market's ups and downs shows how quickly things can change. In crypto, strategic, informed trading isn't a choice; it's a must. Remember, caution is as crucial as ambition here. This dedication to continuous learning is inspiring...managed to grow a nest egg of around $20k in Bitcoin to a decent $76k... I'm especially grateful to John Zevr Crypto
I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
I just googled him and I'm really impressed with his credentials; I reached out to him since I need all the assistance I can get. I just scheduled a call.
You can trade on the spot market, but you are risking your money will hang there if the market goes down drastically. I usually wait till market go down, and buy during this time, then I wait till it gains 10-15% and sold it out. But it is possible that a market gives you an unexpected twist, and then you need either an additional amout of money or wait significant amount of time. For example I invested in february 2022, and market went down so low, that i needed additional 80K and 8 months to wait to get my money and 7% of profit back. Once more: I am talking about spot trading now, it won't punish you untill you fix your losses. So, basically, while you have the money to feed it - it will be profitable, but not overprofitable 100% of the time you are trading.
@@peterpann446 Ok i'm busy with work today but i've got 2 days off so i'll sit down and do my best to replicate this and if it works i'll share with you for free
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Alice Brown
Isn't that the same Alice brown that my neighbors are talking about, she has to be a perfect expert for people to talk about her so well. I'm new at this, please how can I reach her?
Absolutely mind-blowing! Siraj's collaboration with ChatGPT to build a trading bot is revolutionary. The way they seamlessly integrate AI capabilities into trading strategies is impressive. It's incredible to see how ChatGPT assists in selecting machine learning techniques and even helps with coding snippets. This video showcases the power of AI in finance and inspires us to explore similar innovative applications. Kudos to Siraj and ChatGPT for this enlightening demonstration
Having an investment advisor is the best approach right now. I was going solo without much success until my wife introduced me to Steph . I've achieved over 80% capital growth this year, excluding dividend
@Sifiso lmao true simp energy. The guy didn't make a bot, he made a video and pretended to make a bot. He just really hoped that none of his viewers were smart enough to notice.
I AM COMPLETELY NEW TO STOCKS AND AI BOTS AND YOUR LESSONS ARE IMPECCABLE. Please get back with me I would love to learn. Oh, and keep the videos coming😊
Ever since ChatGPT became available, I have been trying to see if I could use it for trading. I didn't know how to even start. Your video is exactly what I had in mind. Thank you for making this available to AI newbies like me. I would like to build a bot which can trade the best option strategy for the current market.
It sounds like you maybe shouldnt be trading options. The best advice I was ever given with trading is first, learn risk management. Then continue to hone your skill with it. you can be the worst trader in the world but still be profitable with proper risk management. Surely ChatGPT can start you down that rabbithole.
What he is doing here is not an option strategy, but a price prediction on the stock. You would simply adjust your option strategy to be more bullish or bearish based on the results of this.
Dude, make this app production ready. I'm down to sign up, invest, and give you a commission for every transaction the AI makes that returns a profit. This is a great idea. Imagine how much you can make just off commission.
I would be keen on seeing this over a 3-12 month return. 1 day, 1 week, 1 month are all too short to see. Could you post an updated video 3 months down the line to see how your bot has done over the span of 3 months? If it can generate 1.60% per day compound that would make your $2,000 around 7.5K in 3 months.
Who knew, Tywin Lannister uses generative AI! I wonder if there was a prediction model you could've used to determine the probability of being murdered by your son 🤔
Yeah.... anyone can do it with any leverage above 5:1, taking risks, and holding a bootle of champagne on the left side of your terminal to celebrate if you do good and a 9mm Beretta on the right side in case the trade go sideways... and the reason I say the Beretta on the right side its cause there's 95.2% chances you will use your right hand. I wonder how much money you lost in your "trader profession" already.... I love you joker brokers...
This is a rip off of another project and guess what, they lost 2% more than everyone else did because the bots just gave them the same bad advice as every armchair investor did on reddit and on blogs.
I get your point guys, but for people with no trading knowledge or experience who just want to trade and can't be convinced otherwise, this way they will have a much better chance at making a profit or at least not loosing too much.
Hi @Siraj Unable to find exact code for the last part. if sharp raitio > XX: Buy logic elif sharp_ratio < XX: sell logic else: Hold Logic Cron job code. Just curious if you have shared full working code.
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.
I understand how you feel, well is not luck is all about having good investment plans, watching professional trading videos and most especially connecting with the right person the digital world is full of in unreal people I met some of them during my success journey. I felt same way when I started especially when you use demo account you might be winning but when you put in real money you start losing I understand and I pass through it all. I'm very happy I'm profitable now.
Currently i can attest to the fact that I make Ten thousand weekly through tr@ding which is more better then my monthly salary job. tr@ding becomes my passive income.
This is a great video. But I still want some more explanation and updates. One day of trading doesn't tell us that much. I would like to see your results after one month.
I just stumbled on this video after learning about CHAT GPT and it has given me a new perspective on what this can do for the future in all industries. Great video! Keep up the great work. Now I just wish I understood what half of what you said. Lol
Thanks, Watch my videos playlists! I’ve really tried to make AI approachable over the years. But I’ll continue to make badass new educational AI content as well
Amazing work. The assumptions to this video are that you technically understand python and the different operating system commands along with the goal. I would have appreciated a better synthesis statement of the problem at the beginning. Great idea and implementation.
You do have to know something to do things with chatgpt and google. It’s def not a silver bullet. You get what you ask for so key is knowing how to ask!
@@zentradingmastery3709 Exactly, the better knowledge you have of how to ask ChatGPT questions, the more efficient the outcome you will get. It's really amazing! Once you know how to do it, you can basically achieve anything you put your mind to
if you cant figure out how to do research on your own and figure out how than this is not for you. Google is your friend and also openai can help you out with the right questions so a bit of a lame comment
how do I: 6. Go to the Vercel project settings for your app and navigate to the "Cron" tab.? 7. Create a new cron job that runs every hour by adding the endpoint you created in step 2 to the "Cron Job" field and select the frequency you want to run the job.? in my Vercel projects settings i got none "Cron" tabs
Amazing video, thanks a lot. "If it was that easy, everyone would do it". At 7:30 in, I spent multiple hours, rewinded it 10 times and stopped it as many times to replicate your results. And I've followed an business&IT bachelor, with minors in programming, BI and data science. You have no idea how intelligent you are. I can assure you, this is not easy. I'm using your video to get more educated on AI, API's and programming to get better at my job. Everything I make on the side is a bonus.
I'm totally newbie to this (your video came up in my newsfeed - probably because I searched for more info on ChatGPT). Anyway, I find this super interesting. Please post updates on how your trading bot is doing (even if you can just do 1% per day (or even 1% per week)), if your bot can consistently do that, that's amazing!
I made 265% and 155% on 2, 25 minute trades Trading Options and I traded QQQ.... boom! read those percentages one more time...!!! who the hell is Teresa...?! haha... so message me bro and I can give you some ideas on how to tweak this trading bot...!
Siraj: stocks behave like a memoryless process for the most part. Trying to out guess the markets is futile. $ cost averaging investing of quality companies is the way to go. Now, if you had an app that can sort the wheat from the chaff, then that would make life easier for investors looking for quality stocks.
For those saying that are saying that 1 day of succesful trading does not proove that this is a good platform, I think it's important to remember the point of the video. I'm not a mind reader but I stronly suspect that Siraj's purpose was to show that using ChatGPT, a person can easily develop a complex AI system to automate stock trades which I feel the video did quite well - I do not believe the point of his video was to actually develop a functional and usable tradingBot (functional yes, usable - maybe, maybe not)
RE: 18:09 - You really just have two round-trip trades...and one was only held a minute with a 1 cent loss. And the other trade you somehow managed to buy NVDA at 8:39 PM...outside of market hours...guess that must not have been exchange time. So you really only have 1 round-trip trade lasting any significant duration. Run the system for longer and tell us how it trades.
SIRAJ RAVAL! This name will be remembered for ages to come. Mark my words! I am just disappointed you never won a grammy. Please push hard for nerd core! You're our only hope! We need a new album.
It looks like we will still need somebody who understands what code does. Programmers should not fear AI. I guess this video will have many heads spinning. :)
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Mrs Katherine Flores.
First time that I have visited your channel, I like your content and its not unlike others that lures via clickbait, and the gains made at the end of the video are realistic, even if its less than 1%, that the reality, thank you for pointing in the right path, definitely will try to learn Python first.
I just watched your video and love the way you spread the knowledge with open heart. The way you speak and explain is quite impressive. I subscribed your channel and add myself as your well wisher in your party 🎉 Take good care of yourself.. GOD BLESS YOU MY BOY..
@@ko-Daegu I'm sorry if you're true! But this is the reality that this boy have the abilities of teaching, Marketing, or giving services.. Learning and research doesn't mean stealing. Positive action have no ends and negative types always dig for there own self. Thanks and take care..
@@sahilabbaskhan3919 "Learning and research doesn't mean stealing." By that you mean when he ACTUALLY do honest research right? Not those stuff about quantum "doors" and who knows what else he plagiarized, right?
@@blakejohnson2206 yer he said in a previos comment that he would post a video if it goes well so im guessing it didn't, gonna try some paper trading with it any way tho
I had a surreal feeling watching this video like someone had put together content around concepts they did not completely understand or already knew what to expect, to stage aha-moments. Just a feeling.
Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself.
Trading without professional guide... Huh I laugh you, because you will remain where you are or even make huge losses that will stop you from trading, this has been one of the biggest problem to new traders
Mrs Sonia Dixon was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Sonia Dixon.
the first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
Interesting video! So if understood you correctly you build an algo on a single input trading signal model trading signal- sharp ratio Could you please confirm this? And as time passed, time frame close to one year, what's your track record right with your model now? Thanks you for your feed back.
So the problem with AI trading is that the market will automatically adjust to AI trading and it will no longer give anyone an edge. This has been proven out many times in history with various 'systems' used to make automatic trading decisions in Forex. AI might give an edge for a short period of time, but when everyone is using it? The market always automatically adjusts by the forces acting on it.
Yep. Read "The Quants" by Scott Patterson. Computer trading works great -- until it doesn't. Computers will never be able to predict the irrational behavior of humans.
if I'm understanding the rest of the code, it pulls about a decade worth of data for 30 companies, looks for technical indicators to determine if it should buy or sell, trains, and then tests its training. But I don't actually see where it does any automated paper trading in the notebook file just a sell and a buy, one paper, one not, and both using somebody's api keys... What am I missing?
Yes, I also don't see how the notebook decides to buy or sell a particular stock. There is just back testing going on using Test data. Where is the stock prediction for tmrw or for the week and the decision made using the Sharpe ratio? The code doesn't show how to build a bot after training the models using the historical data. @Bable631 - you are right, this video is fake.
Siraj, just a suggestion. Try Sortino ratio instead of Sharp ratio. Why? Sharp punishes volatility. Sortino rewards volatility which goes in your favor and punishes losing volatility.
Hint: he doesn't know what that means, because he didn't make a bot. The one he linked looks like a failed attempt at a bot, and he just gave up and faked the video.
I spent an hour trying to make chatGPT give me XML-to-JSON function in plain frontend JS. It kept failing until I gave up. However, the guy is taught apologize very well. And it communicates politely.
My current thesis is that ChatGPT is more likely to help you if you are polite to it by using pleasantries in your prompts like "please" and "thank you".
You have to break it down in steps, and do the rest yourself. I'd first ask it to parse an XML file, then I'd ask it to turn it into JSON. Afterwards, I ask it to enable pretty print so it's actually readable. I did something similar in Java and it even taught me how to organize the variables by order in the JSON, and even mapping variables from the JSON to a Java variable.
I'm not understanding how you tie in the current market data (daily scan) to the bot. I'm not seeing how this is done with the supplied code. Thanks for the video.
It’s all in the FinRL library, it allows you to plug in different data sources, like alpaca. alpaca.markets/learn/data-scientists-approach-algorithmic-trading-using-deep-reinforcement-learning/
@@SirajRaval Yes, but you didn't use that data to decide whether or not to purchase NVidia. The code in the linked bot is completely non-functional; all it will do is sell Nvidia if you have it. The bot shown at 15:24 will only buy Nvidia. This isn't a bot.
Hi Siraj, Thank you for the video and code. The Alpaca code only trades NVDA and SPY (hardcoded), can you please share the code which takes the input from the FinRL code as input for Alpaca trades?
Excellent job, both on the actual bot, and the video. If I may suggest... since you're already using a neural network to calculate the sharp ratio, it makes sense to use one to determine your upper and lower thresholds based on past results, (instead of just guessing "0.2" and "0.4"), to maximize your financial gain.
I was thinking the same. Do you know of any ML-based stock simulators? Historic prices aren't really enough to predict what limit price will work. That matters for high-frequency trades.
@@edwardmitchell6581 There's no good way to find this answer, as it's fully dependent on the strategy & the users risk tolerance, therefore it's more static and not dynamic, dynamic being something ML is good at.
I was trying your model and API. Can you clarify on how this model can be used on real time data? And also how you are calculating sharpe ratio in realtime? Or even better if on the github you can add your flask code to understand exactly how realtime data is being used for trading.
I had the exact same question. I can backtest, but I have no idea how to find the current sharpe ratio. I strongly suspect that he did not use this model to make his trade. He hard coded the NVDA trade as you can see in the code
Thanks Siraj Awesome video. I think that you're commenting another video, meaning there are some discrepancies between comment and what i am seeing ( I guess it is post production). But the process is clear and Thanks for that. highly appreciated.
Hey, 4 trades is not enough. Let it trade in real time for at least 1000 trades over various stocks/coins. Then we can call it a positive/negative experience. Currently it's nothing.
Good point
What is with buy/sell fees per transaction?
@@SirajRavalwhat the fuck kind of reply is that, so you know your selling pipe dreams?
@@heinrich6294skip this video, waste o time.
I know you’re right, but i couldn’t stop laughing thinking what its like being a child in your house. “oh you got a trophy? talk to me about DOING YOUR JOB WHEN YOU’RE THE #1 DRAFT PICK! right now, its nothing. have you submitted your fun/chores/study algo yet for review with acceptable objectives and timelines? oh and you’re 2 yrs old, its now past time you receive a negative reinforcement conditioning now every time you wet your bed. you will be docked privileges such as food, toys, sleep, etc. you will be billed for soiling/damages/replacement of supplies taken from your college fund. you will now be up for weekly review. your siblings were all subjected to it and its a standard in the Grisham household. yes, im aware you only THINK you have one sister…. that is all.”
yes…. i could see it now… 😂😂😂😂
it took me four years to discover that forecasting the market based on charts is pointless; you never know what will happen.I have a little over 250k i wanted to put in the markets but I don’t know what direction to head now.
I think A.I. will be the next major trend. To achieve lasting growth like META, it's essential to avoid impulsive decisions influenced by short-term changes. Emphasize patience and a long-term view, and most importantly, seek financial advice for informed buying and selling choices.
Reason I decided to work closely with a brokerage adviser ever since the market got really tense and the pressure became too much. I should be retiring in 17 months, so I've had a brokerage adviser guide me through the chaos. It's been 9 months now, and I've made approximately $685K net from all of my holdings.
Impressive gains! how can I get your advisor please, if you don't mind me asking? I could really use a help as of now with my portfolio allocation.
Judith Lynn Staufer is my FA. Just google the name and you’d find necessary details to work with. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
excellent share, Just looked up her name and spotted her consulting page ranked top. after reviewing her credentials i reached out to her.
Crypto is risky as many would say but I think the actual risk in Crypto is not investing, buying the capitulation isn't a tough call, but it is a very tough call to figure out what to do aside holding. I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Gomez. A widely known crypto consultant
I'm surprised that this name is being mentioned here, I stumbled upon one of his clients testimonies on CNBC news last week...
I started working with Alex Gomez back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.
As an investment enthusiast, I'm intrigued by how top-tier investors manage to become millionaires through their investments. While I have a substantial amount of initial capital, I'm uncertain about the strategies and approaches necessary to achieve returns exceeding $400k, as some have done this season.
I agree, just because the market presents opportunities doesn't mean we should rush in headfirst. For this reason, we should look for appropriate market analysis or guidance or, alternatively, seek advice from certified market strategists.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K.
Her name is 'BONITA JEANETTE RODRIGUEZ’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@@Donaldsmith109 Going through the exact same situation brother. Please share details.
This year is not over yet
This dude throws so much info at you it's insane 🤙🙂
as I was watching this I thought need to rewatch at a slower speed, or with lots of pause/rewind. I work in software IT but I am not a developer. I work with lots of them so understand most of this but not apps/sites I normally work with....First video I have watched from Siraj and had to subscribe. Smart guy , good at explaining , just a lot of info in short timeframe..
He's a complete and utter poser.
Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to make.
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
@@marcelrobert9569 I've been in touch with a financial analyst ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
@henry Clifford James I happen to know "Julie Anne Hoover. She has been my fin coach since 2018, no major losses has been recorded. Totally recommend her too.
@@charlotteflair1043 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 resume.
Hi, this market may seem volatile but I could get you on a call with a Forbes CFA and discuss your current financial situation, risk tolerance and financial goals, the best of the best, working for you for all your financial needs, let me know otherwise happy investing!
this video was awesome are reminding me that as a normal person I know basically nothing about computers and coding but yet I couldn't stop watching. Good job
Bravo Siraj!! I was going to request and you read my mind. Thank
I remember having a consultation with a trade analyst last August, and it was incredibly insightful. Can’t stress enough how helpful experts in this field are!
Having Jonas Herman as my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Hermanw jonas (a Gma!L comm
Is he taking commissions for his services? Yes, I’m I still making money in the process? Hell yes!
Thanks for the advice, both of you. It’s reassuring to hear positive experiences.
I feel more confident about moving forward with Herman now. I just shot him a mail. Thanks for sharing your experiences!
Ignore conversation - Bot chat
We admire the hustle dude, but anyone with above room temp IQ can recognize the pattern of these coordinated conversations that repeat across various trading and finance videos. The confluence of which being anything but artificial is virtually 1 in a million.
To anyone out there looking for an easy road to success, you’re going to have to figure it out on your own. Outside of your immediate family, no one is interested in making you money if they don’t benefit more.
Watching the crypto market's ups and downs shows how quickly things can change. In crypto, strategic, informed trading isn't a choice; it's a must. Remember, caution is as crucial as ambition here. This dedication to continuous learning is inspiring...managed to grow a nest egg of around $20k in Bitcoin to a decent $76k... I'm especially grateful to John Zevr Crypto
Please how do y'all even make so much from crypto trading?
I need a financial advisor who will help me with financial planning, investment decisions, and wealth management
I will mention and recommend John Zevr
I am new in crypto investment and I also want to invest under John Zevr crypto, please how can I get to him?
Please, How Do I Get John Zevr crypto
thank you for including the result here at the end of the video.
I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
I just googled him and I'm really impressed with his credentials; I reached out to him since I need all the assistance I can get. I just scheduled a call.
Study A LOT or don't even try it. Trading is absolutly risky.
SCAMMER!! Stay away from posts like these
You can trade on the spot market, but you are risking your money will hang there if the market goes down drastically. I usually wait till market go down, and buy during this time, then I wait till it gains 10-15% and sold it out. But it is possible that a market gives you an unexpected twist, and then you need either an additional amout of money or wait significant amount of time. For example I invested in february 2022, and market went down so low, that i needed additional 80K and 8 months to wait to get my money and 7% of profit back. Once more: I am talking about spot trading now, it won't punish you untill you fix your losses. So, basically, while you have the money to feed it - it will be profitable, but not overprofitable 100% of the time you are trading.
For a non-IT person, it's really hard. Thank for your video. It's amazing
I'm trying to learn while recovering from a brain injury, I'm going around in circles for days 😂😂
I'm an IT person and this is really hard
@@CurrencyCrafting I gave up. I'll pay you for it
@@peterpann446 Ok i'm busy with work today but i've got 2 days off so i'll sit down and do my best to replicate this and if it works i'll share with you for free
@@peterpann446 me too 😅😅
This 18:32 minute is definitely worth watching. I am so grateful to have a such lead in my life.
congratulations for your 750.000 subscribers 🙂 just took a screenshot of it. I am looking forward to the 1.000.000. You are amazing 🙂
This is such great content. Glad you back
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Alice Brown
Isn't that the same Alice brown that my neighbors are talking about, she has to be a perfect expert for people to talk about her so well. I'm new at this, please how can I reach her?
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading.
SHE'S MOSTLY ON TELEGRAMS, USING THE USERNAME
Alicebrown31 💯 ..that's it
Absolutely mind-blowing! Siraj's collaboration with ChatGPT to build a trading bot is revolutionary. The way they seamlessly integrate AI capabilities into trading strategies is impressive. It's incredible to see how ChatGPT assists in selecting machine learning techniques and even helps with coding snippets. This video showcases the power of AI in finance and inspires us to explore similar innovative applications. Kudos to Siraj and ChatGPT for this enlightening demonstration
What is the best strategy to enter crypto trading now for someone with more or less than $3k to invest
Having an investment advisor is the best approach right now. I was going solo without much success until my wife introduced me to Steph . I've achieved over 80% capital growth this year, excluding dividend
You need a pro or very goodTrader. Someone like Stephany Reuben
Almost gave up due to constant losses, but Steph turned my luck around
went from 23k to 132k with Steph
where can i find her?
With this you are just fueling people who think all Indians are scammers.
Now the real Siraj is back - seemingly happy and energetic! I love this!
And, apparently, a liar.
@@bable6314 You can say all you want to say - I don't care! Siraj has made a great positive impact on many people's lives more than you ever will!
@Sifiso lmao true simp energy. The guy didn't make a bot, he made a video and pretended to make a bot. He just really hoped that none of his viewers were smart enough to notice.
I AM COMPLETELY NEW TO STOCKS AND AI BOTS AND YOUR LESSONS ARE IMPECCABLE. Please get back with me I would love to learn. Oh, and keep the videos coming😊
Ever since ChatGPT became available, I have been trying to see if I could use it for trading. I didn't know how to even start. Your video is exactly what I had in mind. Thank you for making this available to AI newbies like me. I would like to build a bot which can trade the best option strategy for the current market.
It sounds like you maybe shouldnt be trading options. The best advice I was ever given with trading is first, learn risk management. Then continue to hone your skill with it. you can be the worst trader in the world but still be profitable with proper risk management.
Surely ChatGPT can start you down that rabbithole.
What he is doing here is not an option strategy, but a price prediction on the stock. You would simply adjust your option strategy to be more bullish or bearish based on the results of this.
@Siraj Raval
You are amaaaaaaazing, because of you I'm trying to learn coding.
Dude, make this app production ready. I'm down to sign up, invest, and give you a commission for every transaction the AI makes that returns a profit. This is a great idea. Imagine how much you can make just off commission.
It's not real. The bot linked literally does nothing.
@@bable6314 Really? why not?
My man making money with gpt trader ai and by making a video about it....this is mastermind
This is amazing Siraj...keep up the good work!
Excellent job, everything worked without any issues.
I would be keen on seeing this over a 3-12 month return. 1 day, 1 week, 1 month are all too short to see. Could you post an updated video 3 months down the line to see how your bot has done over the span of 3 months? If it can generate 1.60% per day compound that would make your $2,000 around 7.5K in 3 months.
Who knew, Tywin Lannister uses generative AI!
I wonder if there was a prediction model you could've used to determine the probability of being murdered by your son 🤔
ok
Yeah.... anyone can do it with any leverage above 5:1, taking risks, and holding a bootle of champagne on the left side of your terminal to celebrate if you do good and a 9mm Beretta on the right side in case the trade go sideways... and the reason I say the Beretta on the right side its cause there's 95.2% chances you will use your right hand. I wonder how much money you lost in your "trader profession" already.... I love you joker brokers...
This is a rip off of another project and guess what, they lost 2% more than everyone else did because the bots just gave them the same bad advice as every armchair investor did on reddit and on blogs.
I get your point guys, but for people with no trading knowledge or experience who just want to trade and can't be convinced otherwise, this way they will have a much better chance at making a profit or at least not loosing too much.
wow that was one of the best informed videos ive watched in many years intriguing well done wish you all the best ,,,,
My goodness! This is just amazing! thank you this tutorial. Bless you more.
Hi @Siraj
Unable to find exact code for the last part.
if sharp raitio > XX:
Buy logic
elif sharp_ratio < XX:
sell logic
else:
Hold Logic
Cron job code.
Just curious if you have shared full working code.
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.
I understand how you feel, well is not luck is all about having good investment plans, watching
professional trading videos and most especially connecting with the right person the digital world is full of in unreal people I met some of them during my success journey. I felt same way when I started especially when you use demo account you might be winning but when you put in real money you start losing I understand and I pass through it all.
I'm very happy I'm profitable now.
I can relate to all you said because I am facing similar thing right now.
I'm encouraged keep it up.
Hey how good are your earnings I will like to get some insights into trading thanks.
Currently i can attest to the fact that I make Ten thousand weekly through tr@ding which is more better then my monthly salary job. tr@ding becomes my passive income.
Great to see you again Siraj!
This is a great video. But I still want some more explanation and updates. One day of trading doesn't tell us that much. I would like to see your results after one month.
Legit content brother. This is what we want. Glad I didnt unsub you even after all those days.
It's fake.
lol
Espectacular la forma de usar ChatGPT para armar todo el satck de tecnología para hacer el bot de trading. Brutal!
Backtesting the final system would be a good addition to your video.
And some background to how you chose the shape ratio as the indicator to predict?
He has NO idea
@@AntonioVelazquezBustamante yep pretty much
I just stumbled on this video after learning about CHAT GPT and it has given me a new perspective on what this can do for the future in all industries. Great video! Keep up the great work. Now I just wish I understood what half of what you said. Lol
Thanks, Watch my videos playlists! I’ve really tried to make AI approachable over the years. But I’ll continue to make badass new educational AI content as well
How did the bot perform since you uploaded the video?
Amazing work. The assumptions to this video are that you technically understand python and the different operating system commands along with the goal. I would have appreciated a better synthesis statement of the problem at the beginning. Great idea and implementation.
You do have to know something to do things with chatgpt and google. It’s def not a silver bullet. You get what you ask for so key is knowing how to ask!
@@zentradingmastery3709 Exactly, the better knowledge you have of how to ask ChatGPT questions, the more efficient the outcome you will get. It's really amazing! Once you know how to do it, you can basically achieve anything you put your mind to
if you cant figure out how to do research on your own and figure out how than this is not for you.
Google is your friend and also openai can help you out with the right questions so a bit of a lame comment
@@johndemolbot who are you talking to
I am so glad I kept following your social media accounts until now. This is such great content. Glad you back posting.
He didn't actually make a bot. The code he linked does nothing.
how do I: 6. Go to the Vercel project settings for your app and navigate to the "Cron" tab.?
7. Create a new cron job that runs every hour by adding the endpoint you created in step 2 to the "Cron Job" field and select the frequency you want to run the job.?
in my Vercel projects settings i got none "Cron" tabs
Amazing video, thanks a lot. "If it was that easy, everyone would do it". At 7:30 in, I spent multiple hours, rewinded it 10 times and stopped it as many times to replicate your results. And I've followed an business&IT bachelor, with minors in programming, BI and data science. You have no idea how intelligent you are. I can assure you, this is not easy. I'm using your video to get more educated on AI, API's and programming to get better at my job. Everything I make on the side is a bonus.
I'm totally newbie to this (your video came up in my newsfeed - probably because I searched for more info on ChatGPT).
Anyway, I find this super interesting. Please post updates on how your trading bot is doing (even if you can just do 1% per day (or even 1% per week)), if your bot can consistently do that, that's amazing!
thank you! will do (if it does well)
@@SirajRaval , even if it doesn't, let us know!
@@SirajRaval Is there any way of trade with demo with this bot. Kindly explain
I will also be interested in the outcome. I want to know if this can do indices, binary options and currency trading
@@SirajRaval It won't, if it's the bot we can download. It won't do ANYTHING lmao.
This is a very important and motivating video. Your desire for progress and perseverance in achieving goals inspires further development.
Great work 👍, I keep saying that trading and investing is very profitable and safe with the right help and guidance.
That's why I trade with Theresa she's the best
Yes, I have recovered All my losses and made more profits from her
How to reach her?
I made 265% and 155% on 2, 25 minute trades Trading Options and I traded QQQ.... boom! read those percentages one more time...!!! who the hell is Teresa...?! haha... so message me bro and I can give you some ideas on how to tweak this trading bot...!
It's still gambling. Don't convince yourself of anything else. That way you understand the real risks at stake.
Wow! That’s 500% on your money over 365 days!!!!! Great job!
Siraj: stocks behave like a memoryless process for the most part. Trying to out guess the markets is futile. $ cost averaging investing of quality companies is the way to go. Now, if you had an app that can sort the wheat from the chaff, then that would make life easier for investors looking for quality stocks.
Good to see you posting videos again after a long time 😏
For those saying that are saying that 1 day of succesful trading does not proove that this is a good platform, I think it's important to remember the point of the video. I'm not a mind reader but I stronly suspect that Siraj's purpose was to show that using ChatGPT, a person can easily develop a complex AI system to automate stock trades which I feel the video did quite well - I do not believe the point of his video was to actually develop a functional and usable tradingBot (functional yes, usable - maybe, maybe not)
I am curious to learn how your bot has performed. Please make a video on it :)
Thank you for the presentation. It's awesome and I love it! 😃
You just earned yourself an "all notification bell" buddy!
RE: 18:09 - You really just have two round-trip trades...and one was only held a minute with a 1 cent loss. And the other trade you somehow managed to buy NVDA at 8:39 PM...outside of market hours...guess that must not have been exchange time. So you really only have 1 round-trip trade lasting any significant duration. Run the system for longer and tell us how it trades.
The bot is fake. Check it's code.
So nice of you to record from hospital
SIRAJ RAVAL! This name will be remembered for ages to come. Mark my words! I am just disappointed you never won a grammy. Please push hard for nerd core! You're our only hope! We need a new album.
SIMPLY MIND BLASTING SIRJI !!!
It looks like we will still need somebody who understands what code does. Programmers should not fear AI. I guess this video will have many heads spinning. :)
You can't use a bot to code unless you know how to code. For now. That will change extremely fast.
That's lot of jobs down the drain
@@expectnothing764 even more created
Not sure I agree. Will not be long until you can upload a script for updating. This free version is buggy but you can do a lot with it already
But the Number of People required would be less right
WOW!! What a video!! I have subbed! Terrific stuff here!
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Mrs Katherine Flores.
I'm surprised you know her. I've been making a lot of profits investing with her for a few months now.
Mrs Flores changed my life because of the high profits I got from investing with her.
You invest with Mrs Flores too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
Happy to see you back buddy
First time that I have visited your channel, I like your content and its not unlike others that lures via clickbait, and the gains made at the end of the video are realistic, even if its less than 1%, that the reality, thank you for pointing in the right path, definitely will try to learn Python first.
Hi Jeffrey. Siraj videos are great. But please don't use this strategy. Cheers
@@audiobooks_alchemy why not?
The canned sound effects used are really hilarious LOL
Just discovered your channel and love it!! Keep up the great work!!
LL cool J...like your.comeback! Your addicted to Python, no need to apologize.
I just watched your video and love the way you spread the knowledge with open heart.
The way you speak and explain is quite impressive.
I subscribed your channel and add myself as your well wisher in your party 🎉
Take good care of yourself..
GOD BLESS YOU MY BOY..
does that include stealing others work and call it your own with open heart
@@ko-Daegu I'm sorry if you're true!
But this is the reality that this boy have the abilities of teaching, Marketing, or giving services..
Learning and research doesn't mean stealing.
Positive action have no ends and negative types always dig for there own self.
Thanks and take care..
Hey can I please have the one you just did ? Thank you
@@sahilabbaskhan3919 "Learning and research doesn't mean stealing." By that you mean when he ACTUALLY do honest research right? Not those stuff about quantum "doors" and who knows what else he plagiarized, right?
@@b1barry498@ Siraj_raval1
Very cool, useful video. I trade with a bot developed by my friend, it gives good results, but your video opens new horizons
Hey what kind of bot you using?
Great video, was just wondering if you continued trading with the bot and how its doing? thanks!
Right?! Anyone with a brain would want to see it working for at least a month.
@@blakejohnson2206 yer he said in a previos comment that he would post a video if it goes well so im guessing it didn't, gonna try some paper trading with it any way tho
I agree, a video update on this trading strategy would be great.
I had a surreal feeling watching this video like someone had put together content around concepts they did not completely understand or already knew what to expect, to stage aha-moments. Just a feeling.
Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself.
Trading without professional guide... Huh I laugh you, because you will remain where you are or even make huge losses that will stop you from trading, this has been one of the biggest problem to new traders
Mrs Sonia Dixon was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Sonia Dixon.
the first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
Wow. I'm a bit perplexed seeing Sonia Dixon name been mentioned here also. Didn't know she has been good to so many people.
Interesting video!
So if understood you correctly you build an algo on a single input trading signal model
trading signal- sharp ratio
Could you please confirm this?
And as time passed, time frame close to one year, what's your track record right with your model now?
Thanks you for your feed back.
So the problem with AI trading is that the market will automatically adjust to AI trading and it will no longer give anyone an edge. This has been proven out many times in history with various 'systems' used to make automatic trading decisions in Forex. AI might give an edge for a short period of time, but when everyone is using it? The market always automatically adjusts by the forces acting on it.
Yep. Read "The Quants" by Scott Patterson. Computer trading works great -- until it doesn't. Computers will never be able to predict the irrational behavior of humans.
As an AI and software engineer, going trough the tech part of this video was kinda funny.
if I'm understanding the rest of the code, it pulls about a decade worth of data for 30 companies, looks for technical indicators to determine if it should buy or sell, trains, and then tests its training. But I don't actually see where it does any automated paper trading in the notebook file just a sell and a buy, one paper, one not, and both using somebody's api keys... What am I missing?
It doesn't. This video is totally fake. The bot doesn't do anything.
Yes, I also don't see how the notebook decides to buy or sell a particular stock. There is just back testing going on using Test data. Where is the stock prediction for tmrw or for the week and the decision made using the Sharpe ratio? The code doesn't show how to build a bot after training the models using the historical data. @Bable631 - you are right, this video is fake.
All of that work making it, programming it. And you let it trade for 1 day?... you edged me so much.
Silly little tease
Siraj, just a suggestion. Try Sortino ratio instead of Sharp ratio. Why? Sharp punishes volatility. Sortino rewards volatility which goes in your favor and punishes losing volatility.
Good idea 👍
Hint: he doesn't know what that means, because he didn't make a bot. The one he linked looks like a failed attempt at a bot, and he just gave up and faked the video.
@@bable6314 exactly I just checked the code. Its sad to see after all his past history...
Hey Siraj! That's for a great video. I am going to spend some time learning more about this (you were faster than I could absorb it). Thank you!
@ Siraj_raval1
On telegram ⤴️⤴️
I spent an hour trying to make chatGPT give me XML-to-JSON function in plain frontend JS. It kept failing until I gave up. However, the guy is taught apologize very well. And it communicates politely.
My current thesis is that ChatGPT is more likely to help you if you are polite to it by using pleasantries in your prompts like "please" and "thank you".
@@SirajRaval Have you tried asking it ? Just kidding, as always, thank you for sharing.
@@SirajRaval so no ai only low cost worker in a third world C ?
You have to break it down in steps, and do the rest yourself.
I'd first ask it to parse an XML file, then I'd ask it to turn it into JSON. Afterwards, I ask it to enable pretty print so it's actually readable.
I did something similar in Java and it even taught me how to organize the variables by order in the JSON, and even mapping variables from the JSON to a Java variable.
@@NaughtyKlaus Yeah. I would better code myself then.
Nice, brotha always exclent content!
Siraj is grinding Chatgpt like SDEs grind Leetcode for FAANG interviews.
Very informative and simple, thanks for video
Can you explain in more detail as how you connected your AI engine to alpacao?
Next gen trading is here. Woah 🤩
I'm not understanding how you tie in the current market data (daily scan) to the bot. I'm not seeing how this is done with the supplied code. Thanks for the video.
It’s all in the FinRL library, it allows you to plug in different data sources, like alpaca. alpaca.markets/learn/data-scientists-approach-algorithmic-trading-using-deep-reinforcement-learning/
@@SirajRaval Yes, but you didn't use that data to decide whether or not to purchase NVidia. The code in the linked bot is completely non-functional; all it will do is sell Nvidia if you have it. The bot shown at 15:24 will only buy Nvidia. This isn't a bot.
This video motivated me to invest in my first cryptocurrency!
Hi Siraj, Thank you for the video and code. The Alpaca code only trades NVDA and SPY (hardcoded), can you please share the code which takes the input from the FinRL code as input for Alpaca trades?
So it's not just me, part of the example isn't there.
@@RichardJune Yeah, it's just those two.
can you please share it with me too?
Same here, please share
7 Minutes in: "I got this! Might have to listen a couple times, but I got this"
12 Minutes in: "I'm jumping off a cliff"
Your videos are always unique, thank you
I'm super excited to see , I can't imagine and what comes next
Excellent job, both on the actual bot, and the video.
If I may suggest... since you're already using a neural network to calculate the sharp ratio, it makes sense to use one to determine your upper and lower thresholds based on past results, (instead of just guessing "0.2" and "0.4"), to maximize your financial gain.
Good point
I was thinking the same.
Do you know of any ML-based stock simulators? Historic prices aren't really enough to predict what limit price will work. That matters for high-frequency trades.
Yes. Next logical step. Wonder what the result would be. Losing money??
@@edwardmitchell6581 There's no good way to find this answer, as it's fully dependent on the strategy & the users risk tolerance, therefore it's more static and not dynamic, dynamic being something ML is good at.
Super glad I found this. Too much information :) I will take my time reviewing it.
Amazing work! This is such an inspiring project and a great way to learn about algorithmic trading. Keep up the great work!
Siraj has been crushing the Chatgpt content lately!, very underrated
@@imnotarob0t1984 This video is literally fake. The code he linked does nothing.
on doubt here,
How can a Sharpe ratio act as a buy or sell signal, is it not the return you are making on capital?
Great bro, I'm also a software developer at, Reliance Jio... Really like your videos
Reliance is a good brand, awesome!
You've earned a subscriber here.. great value!
I was trying your model and API. Can you clarify on how this model can be used on real time data? And also how you are calculating sharpe ratio in realtime? Or even better if on the github you can add your flask code to understand exactly how realtime data is being used for trading.
I had the exact same question. I can backtest, but I have no idea how to find the current sharpe ratio.
I strongly suspect that he did not use this model to make his trade. He hard coded the NVDA trade as you can see in the code
Thanks Siraj
Awesome video. I think that you're commenting another video, meaning there are some discrepancies between comment and what i am seeing ( I guess it is post production). But the process is clear and Thanks for that. highly appreciated.
Hi Saraj, can we collaborate? Am looking for alo trade. Can it works with Indian NSE exchanges?
You explain things very well. You also do a good job of making it interesting. Update videos on this would be awesome.
What to know how it does over the long haul. Trading is a marathon. 🙂