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In a very short period of time, trading software will be integrated with AI. Indicators as we know them will be a thing of the past (as will trading platforms if they don't keep up). Indicators are just simple, generic algorithms.
I uploaded an image of a chart (just price and time) to a LLM and prompted it to create a function (an algorithm) to define what it saw in the image of the chart (an image, i.e., no .csv or .txt of the price/time data points) and then prompted it to extrapolate and predict where the market was going. It said the market (CL in this instance) was going to go down for 9 hours and hit a specific target price. It was wrong as the market went up for 3 hours...
BUT then the market went down and 8 hours and 40 minutes later, CL hit the predicted target price to the tick. It was 20 minutes early. This is going to change trading. The institutions will have to re-engineer their algorithms so that the markets appear to be more random and unpredictable. It could end retail trading.
BUT ALSO I suspect from what I have seen regarding AI, most jobs - particularly jobs that require a university degree(s) like medicine and law and engineering and architec...well, you get it - will be gone. The robots will work the factories and AI will drive the vehicles. Kids are starting to get it and the term FOBO (fear of being obsolete) is becoming a thing. Why go to university and incur a debt when there's no jobs available for slow, overpaid, dimwitted meatbots?
So, Daniel grifting me out of $3k is probably a minor event compared to what's coming and coming soon.