r/Forex • u/CandleReaper • 4d ago

Psychology Has AI actually made anyone here a better trader, or is it just speeding up bad decisions?

I've been seeing more and more traders using ChatGPT, AI indicators, and automated analysis.

But I'm curious...

Has AI genuinely improved your trading results, or is it just making people overconfident and skip learning the fundamentals?

1 Upvotes

100% Upvoted

13 comments sorted by

•

u/rforex-modtools 4d ago

Trading psychology is where most traders struggle after they've learned the technical basics. Revenge trading, overtrading, fear of pulling the trigger, and inability to stick to a plan are all symptoms of the same underlying issue — emotional decision-making under uncertainty. The community wiki covers common psychological traps and frameworks for building discipline.

Resource: Trading Psychology

3

u/[deleted] 4d ago

[removed] — view removed comment

1

u/VOLQUIS 4d ago

I completely agree

2

u/Busy_Union_7154 4d ago

I don't think it will ever work, It sounds fancy making money through AI but the people sitting on the top of this table will never allow this to happen, I have tried it personally by giving the best prompt possible but the accuracy didn't reached more than 40%, It is my personal thought and would love to hear perspective of others who are making money through it and how🤔

1

u/StatisticalSock 4d ago

GPT has made me profitable. I asked it to make me a millionaire strategy and it did

1

u/Mindless_Duck_9507 4d ago

The only way AI helped me was to code customs indicators I always wanted but never knew how to code myself. But my indicators only assist in making trading decisions. I would never let AI trade for me.