Comment by xwolfi

Why would it know anything better than a bunch of 12 yo given the same question ? LLM don't know things very well, they don't cross concepts in their mind. Give you an example, made $1500 yday trading nvidia:

I followed the curve for the last month, scalping a few times - I get a feel like panic point is ~180$, hype point ~195$, it's like that most swings. There were earnings yday, people are afraid that the company is over its head already and prefer to de-risk, which I do too sometimes on other stuff. It is true that nvidia is overpriced ofc, but I feel we have maybe a few good runs and that's where the risk, therefore the potential reward, is. I enter around 184, and a bit more around 182. I go to sleep (Im in China), and when I wake up I sell at 194. I got lucky, and I would not do it again before I understand why would nvidia be swinging again.

Is an LLM gonna be any better ? My brain did a classic Bayes analysis, used the recent past as strong signal to my prediction of the future (a completely absurd bias ofc, but all traders are absurd humans), I played a company that wasnt gonna burn me too much, since Im still happy to own shares of nvidia whatever the price, and the money put there was losable entirely without too much pain.

Do I need AI ? Meh. For your next play, do you trust me or chatgpt more ? I can explain my decisions very coherently, with good caveats on my limits and biases, and warnings about what risk to afford when. I experienced losses and gains, and I know the effect and causes of both, and how to deal with them both. I prefer me, to it.