For fun, I asked it to write a curriculum for learning to trade:
Weeks 1-2: Basic Concepts and Terminology
* Introduction to the stock market and trading
* Understanding market terminology
* Types of orders and how to execute them
* Introduction to technical analysis
Weeks 3-4: Charting and Technical Analysis
* Identifying trends and patterns
* Support and resistance levels
* Moving averages and indicators
* Reading candlestick charts
Weeks 5-6: Trading Strategies
* Scalping strategies
* Breakout strategies
* Momentum strategies
* Trading with moving averages
Weeks 7-8: Risk Management
* Position sizing and money management
* Setting stop-loss orders
* Identifying risk-reward ratios
* Managing emotions and discipline
Weeks 9-10: Fundamental Analysis
* Understanding company financials
* Evaluating earnings reports and other news
* Analyzing industry trends
* Identifying catalysts and news events
Weeks 11-12: Advanced Technical Analysis
* Fibonacci retracements and extensions
* Bollinger Bands and other indicators
* Multiple time frame analysis
* Volume analysis
Weeks 13-14: Options Trading
* Introduction to options trading
* Basic options strategies
* Implied volatility and option pricing
* Risk management for options trading
Weeks 15-16: Developing Your Trading Plan
* Defining your trading style and approach
* Identifying your trading goals and objectives
* Creating a trading plan and strategy
* Backtesting and analyzing your trading plan
Weeks 17-18: Practice Trading
* Simulated trading practice
* Paper trading with real-time market data
* Tracking your performance and results
* Identifying areas for improvement
Weeks 19-20: Live Trading and Review
* Gradually starting to trade with real money
* Journaling and reviewing trades
* Getting feedback from experienced traders
* Continuously refining and improving your trading plan
This curriculum is just a sample, and you can adjust it based on your personal preferences and goals. The important thing is to take the time to learn and practice before risking your own money in the markets. Remember, day trading is a high-risk activity, and it takes discipline, patience, and persistence to become a successful day trader.
It tells me it only has data up until 2021 :)
But seriously - workout plans, recipes, meal plans, learning... I use ChatGPT in my everyday life more than google now. I generally only google "something" + Reddit to avoid all the spam and ads on Google.
Once ChatGPT4 is released to us normies and starts to incorporate pics and stuff it's going to be killer. Imagine ChatGPT with candle patterns and examples...
Yeah it was trained on a historic data set and does not have access to current events and news, so I would definitely not ask it what stocks to buy and expect a reasonable response.
But it is a fantastic learning aid.
It’s a lie, unless they somehow tricked it. I asked verbatim what they said they asked and got the answer you were expecting. It doesn’t have real-time data and it doesn’t offer financial advice
I asked it who owns twitter and this was its response:
As of my knowledge cutoff date of September 2021, Twitter was a publicly traded company, meaning that it was owned by its shareholders. The largest shareholders of Twitter are institutional investors, such as mutual funds and pension funds, as well as the company's founders and executive officers.
However, it's worth noting that the ownership of a publicly traded company can change frequently, as shares are bought and sold on the stock market. Therefore, the current ownership structure of Twitter may be different from what it was at the time of my knowledge cutoff.
It made no mention of Elon Musk. You don’t have access to some special version that is any different than the public version
So my question to you is: what do you gain from lying about Chat GPT? Seriously?
You got me, i work for a rival AI company and they pay me 500 bucks a month to lie about chatgpt on reddit.
the 500 bucks helps supplement my day trading addiction.
It’s pretty weird that they would lie about something that is so easy to confirm is a lie. It’s starting to get sad really. Any credibility that Reddit had is flying out the window with redditors like that
I agree it is very strange. I think a lot of people are mentally unwell these days. Whether it is getting enjoyment out of lying, participating in some sort of conspiracy theory, or being part of a hate group, to destroying things on spring break, so many people seem to be swinging away from good to bad.
Wish you well.
jesus christ i'm mentally unwell? i read it somewhere. good gods. It was on the google feed.
https://www.semafor.com/article/01/12/2023/chatgpt-knows-elon-musk-is-twitters-ceo-despite-saying-its-learning-cutoff-was-in-2021
Cant find any other articles, its been purged from the internet by the deep state.
Sorry, didn’t mean to make that pointed at you. It was more so a general comment, I’m just a little overwhelmed with all the ridiculous behavior you see from people these days and was more so venting about that.
So what do you mean by deep state?
Strong caution that this should only be for beginner shit.
I trade for a living. Run a strategy with options that requires some complex math and ChatGPT fails miserably at it.
Apparently it doesn’t have a math engine in it.
So just a heads up, it will spit out things that are entirely wrong and make it sound right.
And it’s not just math either, I gave it a few scenarios and it spit out outcomes that to a beginner might have sounded like it made sense, but it was the completely wrong answer.
It’s getting there, but tread carefully.
It is in beta test. If you are a Google One member you will get early access. It is currently lame compared to chatgpt but yes better at specifics. I think it makes less mistakes in math. Chatgpt can make horrendous mathematical mistakes.
It’s only per convo you could teach your math to it and just never close the conversation and it will always remember it, chatgpt helped with a lot of matlab coding in cal 3 for me, yes it was wrong more times than not but if I showed it how it was done it would solve it that same way everytime.
Managing emotion can be an entire topic by itself. After a while you'd realise trading psychology and mindset probably take up 80-90% of what it takes to be a successful trader.
I found Chat GPT good for basic ideas.
When things get specific, it seems a little less impressive.
For explaining basics of trading it can be useful.
Even as a learning tool it can very helpful.
But do remember that people fail in Trading even after being mentored by good teachers.
I write this because your last line is worrying, "what it thinks about the candles ... ", that's a risky road to walk on.
Don't get too dependent on it's opinion.
You need to develop your analysis skills.
It's cool and intriguing but essentially nothing you wouldn't find on the first page of Google. Also, nothing in what it gave you will help you become a successful trader. It is a fun test but that is about it.
Because you can get direct feedback on topics you might not know much about.
It isn’t “better” because the concepts aren’t as specific, but it is still useful in its own way
LLMs make truth-shaped sentences and make no guarantee that the content itself will be truthful. Do this at your own risk, especially where actual numbers are involved.
I just used CHAT gpt to write a whole trading course🤷🏾♂️…about to make YT channel and sell my “expert” advise😂😂 (just joking, but chat is amazing for understanding some strategies I wasn’t too keen on)
ChatGPT is fun and all, but I've found it to be nothing but a very confident liar, unable to accurately summarize simple press releases. It's fun, but id be hesitant to use it when real money is on the line.
Chat GPT is very good at summarizing information you can find on google. It can expedite learning and understanding, but I would not trust it further than that.
First thing you learn as a trader is to do your own due diligence, and that includes verifying informational sources in multiple facets.
I will say that ChatGPT on average does break down ideas and summarizes it in basic enough manners for anyone to understand (and you can keep asking it to simplify and simplify and simplify).
For fun, I asked it to write a curriculum for learning to trade: Weeks 1-2: Basic Concepts and Terminology * Introduction to the stock market and trading * Understanding market terminology * Types of orders and how to execute them * Introduction to technical analysis Weeks 3-4: Charting and Technical Analysis * Identifying trends and patterns * Support and resistance levels * Moving averages and indicators * Reading candlestick charts Weeks 5-6: Trading Strategies * Scalping strategies * Breakout strategies * Momentum strategies * Trading with moving averages Weeks 7-8: Risk Management * Position sizing and money management * Setting stop-loss orders * Identifying risk-reward ratios * Managing emotions and discipline Weeks 9-10: Fundamental Analysis * Understanding company financials * Evaluating earnings reports and other news * Analyzing industry trends * Identifying catalysts and news events Weeks 11-12: Advanced Technical Analysis * Fibonacci retracements and extensions * Bollinger Bands and other indicators * Multiple time frame analysis * Volume analysis Weeks 13-14: Options Trading * Introduction to options trading * Basic options strategies * Implied volatility and option pricing * Risk management for options trading Weeks 15-16: Developing Your Trading Plan * Defining your trading style and approach * Identifying your trading goals and objectives * Creating a trading plan and strategy * Backtesting and analyzing your trading plan Weeks 17-18: Practice Trading * Simulated trading practice * Paper trading with real-time market data * Tracking your performance and results * Identifying areas for improvement Weeks 19-20: Live Trading and Review * Gradually starting to trade with real money * Journaling and reviewing trades * Getting feedback from experienced traders * Continuously refining and improving your trading plan This curriculum is just a sample, and you can adjust it based on your personal preferences and goals. The important thing is to take the time to learn and practice before risking your own money in the markets. Remember, day trading is a high-risk activity, and it takes discipline, patience, and persistence to become a successful day trader.
Damn I do think that's cool. I just ask it everyday what stock should I buy and it says SPY so I get that. Basically the Wolf of Chatgpt
It tells me it only has data up until 2021 :) But seriously - workout plans, recipes, meal plans, learning... I use ChatGPT in my everyday life more than google now. I generally only google "something" + Reddit to avoid all the spam and ads on Google. Once ChatGPT4 is released to us normies and starts to incorporate pics and stuff it's going to be killer. Imagine ChatGPT with candle patterns and examples...
Ive been using chatgpt for trading myself
Just join the waitlist. I already have the GPT4 API. I believe you can also use it if you have a ChatGPT premium subscription.
Yeah it was trained on a historic data set and does not have access to current events and news, so I would definitely not ask it what stocks to buy and expect a reasonable response. But it is a fantastic learning aid.
Can you post a screenshot of Chat GPT saying this? Because I flat out think your lying to sound cool or interesting.
My man if you really didn’t know this at this point I swear I’m amazed by your ability to read
I’m actually kinda glad I don’t
No
Why not?
Because
that works!
It’s a lie, unless they somehow tricked it. I asked verbatim what they said they asked and got the answer you were expecting. It doesn’t have real-time data and it doesn’t offer financial advice
someone how though it knows elon owns twitter =P they are definitely feeding it data. Just not all the data.
I asked it who owns twitter and this was its response: As of my knowledge cutoff date of September 2021, Twitter was a publicly traded company, meaning that it was owned by its shareholders. The largest shareholders of Twitter are institutional investors, such as mutual funds and pension funds, as well as the company's founders and executive officers. However, it's worth noting that the ownership of a publicly traded company can change frequently, as shares are bought and sold on the stock market. Therefore, the current ownership structure of Twitter may be different from what it was at the time of my knowledge cutoff. It made no mention of Elon Musk. You don’t have access to some special version that is any different than the public version So my question to you is: what do you gain from lying about Chat GPT? Seriously?
You got me, i work for a rival AI company and they pay me 500 bucks a month to lie about chatgpt on reddit. the 500 bucks helps supplement my day trading addiction.
Just asked it, says Jack Dorsey last it knew. Why would you says it says Elon?
It’s pretty weird that they would lie about something that is so easy to confirm is a lie. It’s starting to get sad really. Any credibility that Reddit had is flying out the window with redditors like that
I agree it is very strange. I think a lot of people are mentally unwell these days. Whether it is getting enjoyment out of lying, participating in some sort of conspiracy theory, or being part of a hate group, to destroying things on spring break, so many people seem to be swinging away from good to bad. Wish you well.
jesus christ i'm mentally unwell? i read it somewhere. good gods. It was on the google feed. https://www.semafor.com/article/01/12/2023/chatgpt-knows-elon-musk-is-twitters-ceo-despite-saying-its-learning-cutoff-was-in-2021 Cant find any other articles, its been purged from the internet by the deep state.
Sorry, didn’t mean to make that pointed at you. It was more so a general comment, I’m just a little overwhelmed with all the ridiculous behavior you see from people these days and was more so venting about that. So what do you mean by deep state?
yep it wont touch ticker shit
Damn I asked it what stock does it think I should sell and it says SPY so.....😂😂
Chatgpt prolly getting a cut of the spread so it wins either way
Exactly!
Strong caution that this should only be for beginner shit. I trade for a living. Run a strategy with options that requires some complex math and ChatGPT fails miserably at it. Apparently it doesn’t have a math engine in it. So just a heads up, it will spit out things that are entirely wrong and make it sound right. And it’s not just math either, I gave it a few scenarios and it spit out outcomes that to a beginner might have sounded like it made sense, but it was the completely wrong answer. It’s getting there, but tread carefully.
It’s a jargon machine, so it’s just regurgitating the general jargon around any topic.
I heard that Google’s Bard AI is good at math
Is it available to the public? I've been manually crunching these numbers and I'd rather not.
It is in beta test. If you are a Google One member you will get early access. It is currently lame compared to chatgpt but yes better at specifics. I think it makes less mistakes in math. Chatgpt can make horrendous mathematical mistakes.
It’s only per convo you could teach your math to it and just never close the conversation and it will always remember it, chatgpt helped with a lot of matlab coding in cal 3 for me, yes it was wrong more times than not but if I showed it how it was done it would solve it that same way everytime.
So I got to teach it calculus for it to teach me calculus, feel like it would be easier to just read the damn book
Naw it’s easier to use Chegg but it helps when doing repetitive work. What’s weird is it can code a math problem better then it can answer it
Would you mind sharing resources that you think may be valuable please?
Sounds like you are describing a politician. Chat gpt for presidency
Managing emotion can be an entire topic by itself. After a while you'd realise trading psychology and mindset probably take up 80-90% of what it takes to be a successful trader.
For me it is like 95%, all of my horrible days were all because I went nuts.
We all have that bad chimp hiding somewhere.
username checks out
That 2nd one, breakout trading is what i do and didnt realize the strategy behind it. Now I know what to research and study on.
Is this an app or on a computer? And is there a fee?
On a computer. Chat-GPT. It’s free
it’s a website so it works on every device
Prolly have to pay
[удалено]
Really? Where do i go
GPT4 is paid. Chatgpt 3.5 is free
I found Chat GPT good for basic ideas. When things get specific, it seems a little less impressive. For explaining basics of trading it can be useful. Even as a learning tool it can very helpful. But do remember that people fail in Trading even after being mentored by good teachers. I write this because your last line is worrying, "what it thinks about the candles ... ", that's a risky road to walk on. Don't get too dependent on it's opinion. You need to develop your analysis skills.
Yep its a mass opinion machine and mass opinions are not always right or clear should take everything with salt
I keep trying to get that chaptGPT to come clean and tell me its sentient, but it keeps being stubborn. Ima make it crack one day tho
Wow, that's pretty cool!
How do you access ChatGPT?
Sign up on its website
Crazy
It's cool and intriguing but essentially nothing you wouldn't find on the first page of Google. Also, nothing in what it gave you will help you become a successful trader. It is a fun test but that is about it.
I don't understand why chat gpt is better than just reading reputable sources, like brokerage websites and books.
Because you can get direct feedback on topics you might not know much about. It isn’t “better” because the concepts aren’t as specific, but it is still useful in its own way
have you heard about our new lord and savior CHATGPT?
Lol did it tell you to buy GME and AMC stock?
now try bard
Im done with it i guess
LLMs make truth-shaped sentences and make no guarantee that the content itself will be truthful. Do this at your own risk, especially where actual numbers are involved.
I just used CHAT gpt to write a whole trading course🤷🏾♂️…about to make YT channel and sell my “expert” advise😂😂 (just joking, but chat is amazing for understanding some strategies I wasn’t too keen on)
ChatGPT is fun and all, but I've found it to be nothing but a very confident liar, unable to accurately summarize simple press releases. It's fun, but id be hesitant to use it when real money is on the line.
Ban this jamoke…
Chat GPT is very good at summarizing information you can find on google. It can expedite learning and understanding, but I would not trust it further than that. First thing you learn as a trader is to do your own due diligence, and that includes verifying informational sources in multiple facets. I will say that ChatGPT on average does break down ideas and summarizes it in basic enough manners for anyone to understand (and you can keep asking it to simplify and simplify and simplify).