Advantages of investing through artificial intelligence

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Avatar for apela
Written by
4 years ago

If you've ever tried to trade - then you know how fast you can lose. Maybe today’s article is the solution for all of us.

Opinions of the world's most successful entrepreneurs about the future of artificial intelligence are divided, but there is no denying that artificial intelligence can drastically improve the quality of our lives.

How?

Take, for example, the world's largest airports, where tens of thousands of new people appear every day that security guards do not know. To ensure maximum safety for passengers, airports have dozens of cameras installed, monitored by a group of security guards.

The problem arises, however, because even such a trained eye cannot realistically follow what is happening on all cameras. In addition, each camera covers an area that covers dozens of people.

So how do you choose a person who would need to be monitored more closely?

Probably impossible. Of course, we can achieve something by training security guards and the experience they gain from their work. However, we cannot provide adequate security in this way.

That is why we need artificial intelligence that monitors what is happening on the cameras, at the same time learns what is normal and what is not, and follows suspicious people on that basis.

Only in this way can we ensure greater security.

Artificial intelligence in the financial world

Artificial intelligence is also rapidly penetrating the world of finance. Those who have access to these technologies make profits that would be very difficult without artificial intelligence, or would have to invest much more time and money for similar results.

In fact, most individuals who trade world currencies lose money in the long run due to mistakes.

Why is artificial intelligence so effective?

Let’s take a look at some examples of why artificial intelligence is more effective at currency trading than an even more experienced individual.

Artificial intelligence can analyze huge amounts of data in real time, which an individual cannot

In currency trading, we make profits by exchanging one currency for another, taking advantage of exchange rate differences.

Exchange rates change from second to second and if we use the right moment to buy foreign currency and then after a while to sell it, we can create an interesting return on investment.

The right time to buy and sell is not easy to find, so we need to closely monitor market developments every day.

This means that we have to spend several hours a day collecting and analyzing data.

Unfortunately, we cannot process all the data ourselves.

This is where technology comes into play, analyzing a mountain of data in real time with the help of artificial intelligence and making trading decisions quickly and efficiently based on it.

Artificial intelligence does not make mistakes

When using algorithms and artificial intelligence for trading in foreign exchange markets, predefined rules are applied, from which the algorithm does not deviate.

In this way, we avoid any mistakes you could make yourself when trading. And here is the key difference!

Artificial intelligence has no emotions, so it does not make irrational decisions

The biggest weakness we humans have in trading is both our emotions. When something doesn’t go the way we planned and expected, we start making irrational decisions that usually lead to loss.

Artificial intelligence does not make the mistakes.

It learns from the mistakes people make and suggests algorithm improvements, making it even more efficient.

Have a nice evening

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Avatar for apela
Written by
4 years ago

Comments

You have given a very good example of airport security. The fact is that the human eye cannot pay the same attention to many places at the same time. Therefore, man has used his intellect and brain to make such machinery that he could do the work that he could not do easily.

$ 0.01
4 years ago

You have given a very good example of airport security. The fact is that the human eye cannot pay the same attention to many places at the same time. Therefore, man has used his intellect and brain to make such machinery that he could do the work that he could not do easily.

In some places, robots are indispensable. But people have to stay somewhere ... people are born to work.

$ 0.00
4 years ago

Great information about this article my Dear friend

$ 0.00
4 years ago

I thank you friend. I think our friend (robi) is just in the development phase. He makes mistakes many times.

$ 0.00
4 years ago

i love this one

$ 0.00
4 years ago

There is a lot of talk about artificial intelligence ... It is good as long as we benefit from it, just so that it does not destroy our privacy ...

$ 0.00
4 years ago

Artificial intelligence is a subfield of computing. The goal of artificial intelligence research is to develop programs (software) that will allow computers to behave in a way that could be characterized as intelligent.

$ 0.00
4 years ago

Great information about this article my Dear friend

$ 0.00
4 years ago

Great information about this article my Dear friend

$ 0.00
4 years ago

Great information about this article my Dear friend

$ 0.00
4 years ago

Wow....so nice.Grate information. Keep it up....

$ 0.00
4 years ago

Artificial intelligence is the future and i am so excited to look forward on it

$ 0.00
4 years ago

Wonderful writing dear thanks for information

$ 0.00
4 years ago

Advantages of investing through artificial intelligence.its a very informative article.

$ 0.00
4 years ago

Nice article. What you're mentioning about AIs having no emotions is the biggest advantage for me. Being able to make an emotionless choice when it comes to investing is very important.

$ 0.00
4 years ago

Really, it won't make mistakes? Hmmm, but how can we use this if we want to try it, where do we get it?

$ 0.00
4 years ago

This is a great article to introduce people to A.I.! My wife and friends are very wary whenever I talk of crypto and investing, but I might send them this to read... lol might help me out. Thanks for putting in the effort and time!

$ 0.00
4 years ago

This is amazing. Trading Should not involve emotions as we can make irrational decisions like you said. Most especially when you are making losses!!!

$ 0.00
4 years ago

I tried to grieve once and it didn't go well, nice article.

$ 0.00
4 years ago

I need a stock trading robot. The article is excellent and opens new vistas for the future.

$ 0.00
4 years ago

I'm thinking of raising money together and buying an artificial one.What do you think? is a good idea

$ 0.00
4 years ago

Thank you so much dear for your good and useful article writing. Hope you write more as important and informational article for us.

$ 0.00
4 years ago

I have a worse experience in trading. I really fell angry when I heard about this. I always looking for easy but good method to make some exchanges and get some cash. I hope the method you shared will work.

$ 0.01
4 years ago

Once upon a time I had more time I earned a little .... but slowly slowly .... You have to be patient. I haven't tried this with artificial intelligence yet..but I will

$ 0.00
4 years ago

You have point. Let's hope for the best. And thanks for upvote dear.

$ 0.00
4 years ago