Algo trading was around long before anyone heard of ChatGPT or OpenAI.
Here’s the secret they won’t tell: if there was a way to print money, everyone would be doing it. This is just another fast paced way to lose your money or win big if you are lucky. No one makes it big as a day trader or algo trader, anyone who claims they have are the more fortunate of the 499 other suckers who lost it all.
I day traded for several months. Mostly lost little bits here and there over time. Hit a $5k win on a leveraged bet and went out on a high note. I bet that good earnings by Apple would mean good earnings by MS later that same week. And then I retired from day trading because even the piddly amounts I was making and losing were stressful.
Someone could make a real killing betting on when this administration was going to try to steal another $500m from the market, though — if they got it right.
