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It's been exactly 2 weeks since I shared with you the first AI investment bot that uses GPT and promised to track it. Here is a small update:

- after 14 days its profit has dropped a bit, currently at 675 USD (the bot started with 50k USD)

- the number of investors and the amount of money investors are using to copy the bot's behavior has increased significantly (after 2 weeks, 28,596 investors are already interested and the "pool" has the huge number below). The average amount of investment per investor is 687$, so it's "funny money" and people are probably just trying to see what the bot can make out of it

- only Robinhood, TD Ameritrade and Webull are still supported brokers

For me it's still a positive start, it's not in the negative and I'll keep watching :)

This looks interesting, I'm mainly interested to see how it performs in different market situations.

I'm curious about him, too, but he's gonna need some time for this... :)

We'll see how it will do in the future, but even today, after the days since this AI bot was launched, the AI could definitely be better trained to make better decisions and get maybe a bit greener numbers again I think.

I also see it as he is still learning and trying to understand it all. The "bad thing" is that people usually invest based on emotions and the AI will probably never be able to understand that...

I don't know if that's completely stupid, with investing, whether trading or classic, they always say that emotions are the main enemy of the investor, I see it as a positive that AI makes decisions based on data and probability and just such vapid metrics... the human factor plays a big role, sometimes it might work, but in the long run the emotions are harmful, we all know that, emotions in investing are just horrible, I see it myself that FOMO is sometimes a thing that you need to remove from your investing mindset and leave emotions aside. If there was a tool that somehow guaranteed to do everything in favor of probability... well take my money, the human factor is just a bitch for me. :D And for all I know, bots like this tend to trade rather than invest for the long term and collect profits/losses after x years, so I'm all for AI working without emotion... :D

Thanks, interesting information.It's still early days so I guess we can't expect anything big, but as others have written here we'll see how it goes in the long run.

Of course, I'm keeping watching and will bring back info in time :)

Great, I will definitely appreciate the update .😁

We'll see in the long run. If it has access to current data there is no reason not to beat the market - significantly.

That's the question... if he's using a classic GPT like ChatGPT, he's basing it on data as of 2019, or 4 years old, and that's like 40 years old in the investment world... but I haven't read anywhere what exactly he's drawing from then and how up to date his info is.

The whole market is growing at the moment, so we'll see how it fares in the long term. That's what I'm interested in.

I'm keeping an eye on him :)

If a bot really has a grasp on current data and trends then it can record good performance, it's still AI. I'd probably throw a few pennies in there too and see how it handles them.

I'd also throw in, unfortunately there are only those three brokers so far and I don't use any of them... but I hear they're working on adding more.

I didn't look into it further - but I assume the bot has access to the actual data, unlike a regular GPT user? In which case I don't see why it shouldn't beat the market 🤷‍♂️

I haven't read that anywhere yet. ChatGPT works with data from 2019... if this one uses some current GPT, it should be a powerful tool... I'll try to google it again

This is really cool 👌

Interesting, I'm honestly curious how the bot will fare in the long run 😊

I'll keep an eye on it long term and check back in a few weeks :)

great! I'll be watching.