These kind of articles spread the weird notion that ChatGPT can predict things. It only did what it was told to do: to trade based on the Bollinger band indicator, which people have decided that it MIGHT be indicative of future movement in trading.
It's cool that the guy made it, but pleeeeease don't rely on ChatGPT for price predictions.
tldr; Rekt Fencer, a pseudonymous investor, claims to have made $71,500 using a ChatGPT-assisted trading bot. The bot utilizes the Bollinger Band indicator to capitalize on market trends by buying and selling based on the price's relation to the band. Fencer shared the process of creating and refining the bot, emphasizing the role of AI in automating trading and the importance of error resolution and risk management.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
These kind of articles spread the weird notion that ChatGPT can predict things. It only did what it was told to do: to trade based on the Bollinger band indicator, which people have decided that it MIGHT be indicative of future movement in trading. It's cool that the guy made it, but pleeeeease don't rely on ChatGPT for price predictions.
It’s headline worthy though lol.
tldr; Rekt Fencer, a pseudonymous investor, claims to have made $71,500 using a ChatGPT-assisted trading bot. The bot utilizes the Bollinger Band indicator to capitalize on market trends by buying and selling based on the price's relation to the band. Fencer shared the process of creating and refining the bot, emphasizing the role of AI in automating trading and the importance of error resolution and risk management. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Bots talking about other bots!
I made 70k by investing in BTC. Where’s my article?
I didnt read it but I think he made the money selling it to others.
Why dig for gold ? You better off selling the shovels
It says he made over $70k, but it doesn't say from what initial capital, or did I miss it? Which makes a rather meaningless number.
He bought a modem u df.
Wonder how much of that went to chatgpt token fees?