- Alpesh Patel has been experimenting with ChatGPT’s ability to pick good stocks from the NYSE and Nasdaq.
- He found that with the right prompts and correct data, it could make phenomenal choices.
- But it’s not just something you can flick on, there is a process.
The race for the latest and greatest technology for trading stocks accelerated when the US Securities and Exchange Commission approved electronic communications networks (ECNs), or computers, that allowed traders to buy and sell securities without going through a stock exchange in 1998.
Since then, fund managers, investors, and traders alike have hunted down the best tools to gain an edge in the market.
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