How much reliable is AI-based trading?

Asahi

Verified member
Today’s trading is becoming AI-based and traders are finding their fascination in EA trading. We all want a profitable trading life but we hardly have so just because we are away from right trading approach. FXOpulence allows traders with smart technology and thus the broker supports all types of EA trading. Their mt5 platform is smooth enough and offer some amazing trading instruments including Indices1000 and crypto500.
 

FinTrader

Active member
Trading based on EAs will be profitable in the case when such a robot will trade according to your proven and profitable algorithm of your manual trading strategy, and not someone else’s robot found on the Internet, which you do not understand, do not know its trading algorithm, and do not know how to do it program and optimize.
 

moonchild

VIP Contributor
I don't think AI trading is reliable at all because the problem of such program is that it does not or not capable of thinking dynamically because it just a set of instructions and nothing else, it also do not regard any market change, it just execute based on the programs that are implemented in it.

But I also think there are trading styles that are compatible with the AI model example the swing trading model, it helps to an extent because you're not actively in the chart and you can change it over time also redundancy is very low in swing trading Algo trading compared to normal trading.
 
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