Loading ...The article’s main thrust is that the reason traders lose is because of emotions. By letting AI trade at the high emotion stage, losses are turned to profits. I can see how that would work. But when the time comes to sell, the adage is that you are selling to the bigger fool. But if everyone used AI for their trades, what would happen? I suspect that when one AI (say, Grok) says sell, then Claude wouldn’t be buying because it can see that the bulk of any profits has been made, and over time as more people use AI this would lead to smaller and smaller buy/sell points, that is, profits, as Grok and Claude take the margins to the limit. Finally you’d reach the point where there would only be cents involved, profits are minimal and trading effectively ceases. You’re only in it for the divvies.
Any attempts by the greater fools (or their counterparts, the lucky bastards) to enter the arena will be thwarted by Grok and Claude, because as they push the price up with their buying all rises will be stymied by AI selling. This is going to create a big problem for the brokerage firms and banks with the greater fools unable to lose all that money to them. I’m sure they are already working on it. Using AI, of course.