Artificial Intelligence And Minimalist Day Trading
Last 2005, one third of stock trades in the United States were generated by automatic algorithms or artificial intelligence. Somehow, their numbers managed to saturate the market enough to result in a decrease of everyone else’s profits. Competition was also tight that year, proving how accepted artificial intelligence is in this career. Then again, the disadvantages of using AI is bad for everyone. Its only advantage is that you won’t be needing any day trading strategy to use them. If you don’t want to rely on AI, you can use a strategy called price action. Others call it the minimalist approach to day trading.