day trading with AI bot... is possible?

[tommy_rome]

I was thinking to do trading with AI bot (ex: forex)... I think it would be possible to make the risk very low and close most of positions in profit.
does anyone know more about this topic?

 

[hejkujom]

Don`t fall for scam bot , it will drain your wallet

 

[noyolacomm]

I really want to know more about this.
Please anyone with good explanation and solution, pls share.
I want to know how to setup and run everything, just consider me as a novice when explaining.

 

[shijin]

You can automate trades, but drawdowns and sudden losses will always happen.

 

[Seonetworkuk]

I was thinking to do trading with AI bot (ex: forex)... I think it would be possible to make the risk very low and close most of positions in profit.
does anyone know more about this topic?

Would advise you to dont do that as many times it can lead to scams, If you want to try trading try it your self.

 

[AwsVen]

AI trading bots can help, but they’re not magic. Markets are unpredictable, and even low risk strategies can fail. Backtesting, risk management, and constant monitoring are key. Don’t trust any bot that promises “guaranteed profit.”

 

[vickysan]

Are you talking about llm models then they don't know trading, they only understand tokens -- they can teach you trading or tell you about strategies but they will just blow up your account, if you trade from llm "recommendations". But if you mean like "statistical prediction models" and i don't think you do then probably because biggest firms also have them.

 

[360SocialSM]

Yes, but AI doesn’t remove risk completely. Most AI trading bots just follow technical signals; they can help with speed, but sudden market moves will still hurt. It’s better to use them as an assistant, not a money printer.

 

[Amozenly]

I have a bot that does this. It only trades xauusd.
However, it is not for sale and cannot be used by third parties.

 

[Lindolas]

Only if it has a proven edge, which probaly doesn't like any other strategy out there.

 

[wizard47]

if you have a proven strategy that you do manually that can be automated, the best you can add is time series prediction plot integration for getting some insights to reduce the risk ratio rather than that automating profitable trades via AI is a nightmare and most of the bots are scam so you have to keep that in mind too

 

[OVM]

with my 12 years of experience in FX market One Advise For you, Don't Fall The Trap of BOT,

 

[Racc00n]

I think it's one of the few industries where AI won't be able to replace a man. So learn how to trade by yourself.
P.S.: this process has no end btw.

 

[WAndreas]

I was thinking to do trading with AI bot (ex: forex)... I think it would be possible to make the risk very low and close most of positions in profit.
does anyone know more about this topic?

Bro, there are no such bots in nature. Anyone who tells you there are is a fraud. Do you think that because it's AI, it will think for you and make decisions? Don't kid yourself. AI cannot be built into a bot; it's impossible at the programming level. Only settings obtained with its help can be built in.

 

[Spicy Chromosomes]

The best way to make money with it is to create your own bot and start selling it as a service. Those AI bots for trading are risky and not reliable

 

[WAndreas]

The best way to make money with it is to create your own bot and start selling it as a service. Those AI bots for trading are risky and not reliable

Probably all trading bots are unreliable, regardless of their cost. I have seen them sold for several thousand pounds each, and I have seen them sold for £10. But the question always arises: if a bot is profitable, why sell it? After all, it already earns you good money. The answer is usually obvious: the bot isn't that good, so it's much more profitable to sell it than to trade with it. What do you think about this?

 

[sushil64846]

On youtube, i see so many people explaining trading using AI bot or chatgpt, never tried though.

 

[GenesisOne]

99.99% of trading journeys end up with losses.
Stay away from it and choose to do something productive.

 

[Lindolas]

Same for any "internet traders", especially youtubers, teaching, showing, sharimng strategies, selling courses,... you name it. They do it becasue they get paid to do so. Selling dreams, nothing else. Don't be a dumb money.

 

[WAndreas]

Stay away from it and choose to do something productive.

The desire to earn money without doing anything has always been inherent in human nature. A few successful deals and you already feel like an almighty trader)) That's when the danger of losing everything you've earned creeps up on you.