When AI Trading Works, You Won't Hear About It
SMRTR summary
Current AI trading bots using large language models have shown no consistent edge over random chance, despite enthusiasm from retail traders testing them on crypto and volatile stocks. However, successful AI trading strategies likely already exist within hedge funds who keep their profitable methods secret, while public attempts fail because they lack the complex scientific processes that institutional quant investing requires.
SMRTR provides this summary for quick context. The original article belongs to Hacker News.
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