3 ms·
> help the poor/middle class in the stock market to actually make some profitable trades with the help of simple signals backed by statistic The poor/middle c
by traceroute66 3y ago
> help the poor/middle class in the stock market to actually make some profitable trades with the help of simple signals backed by statistic
The poor/middle class are more likely to be pissed off at you when they discover, like you will, that throwing a kitchen-sink full of data at an algorithm is no substitute for hard manual work researching stocks.
You're not the first to have this amazing idea, you won't be the last. AI stock-selection is the new TA, back in the 90's everyone thought TA was the best thing since sliced bread and reading tea-leaves on a chart would magically give you the right selections. Throwing AI is simply nothing more than that.
I've seen the $$$$ commercial versions of what you're offering, they're all as bad as each other.
Hell, the financial vendors (Bloomberg etc.) give such functionality away free with a subscription because they know its a marketing gimmick that nobody uses seriously.
Researching stocks is hard work. You need to know the company, you need to know the sector. And that's before we start taking individual elements into account such as whether the investment is even appropriate for the individual, for example one of your "poor/middle class" would be making a grave mistake by "investing" in some illiquid penny stock even if your AI algorithm was insisting it was the next big thing.
That's the problem with AI. Its very good at sounding very confident about stuff whilst being completely wrong at the same time.
- _gsav 3y agoI strongly agree with you. I too believe that most AI results are false and only works in a optimal environment such as the stock is always liquid and the bid-ask spread is close to none. Nevertheless, I give my best to make this signals as reliable as possible. I strongly encourage everyone to make their homework. I provide all the most important fundamental data for each stock, e.g. income, balance-sheet, cash-flow. See here for more [link redacted]