ChatGPT AI Made Me A $100,000 TRADING STRATEGY

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Today, we’ll be using ChatGPT to generate a trading bot and testing out various strategies with ChatGPT and Tradingview.

Creating a trading strategy with ChatGPT seems interesting, and as a day trader, of course, I cannot miss out on these potential profits! I want to know if ChatGPT can generate the best trading strategy using $100K capital.

We’ll be covering:
1. How to use ChatGPT to create a trading bot using Pinescript code with indicators for entries and exits.
2. How to backtest the AI bot trading strategies step by step.
3. If the ChatGPT bot was profitable… or not.
4. The advantages and disadvantages of using ChatGPT as a trading bot.

I spent the whole day trying to figure out how to train the bot to give you the proper answers you want and, of course, implement the Pinescript code to create a working trading bot. Yes... I even upgraded to pay $20 a month to Open AI to create this video.

As always, ask me your questions in the comments section below, and I hope you enjoy this video!

#daytrading #chatgpt #ai #algotrading #quanttrading
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[HumbledTraderOfficial]

What do you think about ChatGPT? 🤖 Do you use it every day? Or are you kinda freaked out?

[fedorinovsubdivision]

As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?

[mikedok]

Way ahead of you Shay. I always hit the like button before I hit play. Your content is that good 😊

[davidworden]

I've spent 100s of hours building indicator based straregies in python and a few did ok, but after all that, I think the best strategies do not rely on indicators but price action and volume. But its very interesting!

[ibcrypto]

This is 100% very timely and has been on my mind as of late! Looking forward to this!

[whatdoufeel]

You're awesome! Thank you for all that you do to help others.

[mirc]

Lovely video and a nice showcase of what this AI can do. I was looking mesmerized at the screen while the bot was writing the code. Thank you for sharing!

[davidav]

great video. I wish the AI could predict also the decisions of the people who control the FED, ECB etc...in order to know where the Interest Rate they want and what money supply they want.

[healthfullivingify]

Great job sharing with us the AI trading, Shay. I love this idea and would love to see your adding a range of indicators you like and give it a go. It doesn't have to be with real money-- just choose a handful of Trading View's or your other best ideas and combine them. That would be extremely interesting. Thanks, Shay.

[yujial.]

Thank you for this video. I would say that if the code can be more refined with your personal strategy, I would say this is the real 'scary' as it has no emotion to trade and just implements what your personal strategy asks to do/

[ca-parker]

Shay, thank you for this video! Only when you begin to understand the mechanics and psychology of trading will you really begin to have consistent success. It appears even ChatGPT needs to be trained how to make the best decisions and that comes from the person informing it and asking the right questions. It too will eventually learn and become consistent and successful.

[minorsituation]

Dear Shay,
Thankyou for the info on chat gpt. I have only used the chap gpt coding in pinescript in back testing. But chat gpt is only programmed to use pinezcript 4, although 5 exists. I also altered not only the time period but the % or contracts. This also improves things but not used for real yet.Thankyou for all you do.

[ThomasHeintz]

The market continues to decline; I've been exploring strategies; it appears that both bull and bear market periods give equal possibility to make big profits. In one news item, a 54-year-old man made $280, 000 in five weeks. How can I learn these strategies? My portfolio has been dormant for several months.

[marcussosa]

Hello😄I really like the fact that you show ACTUAL proof by going through everything live, makes it interactive and very interesting and more entertaining while you explain what's happening as the bot performs. Very good for a beginner like me. Thank you for creating such an awesome video! 👍

[ChavanAmeya]

You're so funny. I subscribed the moment your brother said What is Pinescript 😂

[martinettenes]

You doing an amazing job and deserve a BIG THANK YOU!! i will try to follow your video's and learn as much as possible.

[johnvonsauers]

I'm kinda freaked out, but i picked up a few points. I'll watch the video a few more times. Thank you Shay, I love to watch all your videos.❤👍👍👍

[abhiabhi]

She: Give me a strategy to make $100K
Chat GPT: Only fans!

[tonybreugem]

I am a recent fan of yours. Loving the videos and your fun style. Re AI strategy, pretty cool. Would love if you continue to refine. Cheers, your new Aussie fan . Tony.

[philgarrison]

That's Amazing!!! Thank you for sharing. What I love about you, You are always on the cutting edge. Please continue I would love to see what you come up with.