Is AI for Stock Trading A Scam?
There are plenty of stock picking videos on YouTube claiming to use AI to beat the market. But where is the evidence they actually work? What is missing is real evidence that AI can be used for generating money making trading signals or profitable stock picks. You never see any trade reports, equity curves, or technical charts showing actual evidence that the AI did anything at all, much less produced better stock picks than a market savvy human.
Ed Downs, a software engineer with over 30 years of experience building cutting edge technology for active market traders and passive investors alike, walks you through why these claims are so ambiguous. In the video Ed will explain how AI using neural networks for market trading signals, or for beating the stock market, is not what they seem to claim. Neural networks have been around since the 1980’s and most of these “AI for Trading” video examples are using that decades old technology. What is a neural network? Why does that matter? Watch the video and see for yourself.
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