Someone Gave ChatGPT $100 and Let Trade Stocks for a Month

Thanks to $ 100 and a dream, Redditor turned the Chatgpt adventure into a day trader, and the results have so far been great.

In a post on R/Dataisbeutiful, Redditor described the real name Nathan Smith-his project as a “6-month experience to learn how to perform the language model in a small selection, [under-covered] Arrows with a budget of only $ 100. “

According to a joint plan on Reddit, this craft gambling already pays its fruits. Using GPT-4O, one of the most advanced models in Openai, its value in the BOTAI shares wallet increased by 25 percent in its first month-although SMTH has invested only $ 100, which means that only $ 25 has received so far.

What’s more, this height was much higher than the “small” stock indexes, Russell 2000 and XBI-actually, the S&P 500 rose less than 3 percent over the past month-which indicates that Chatgpt was properly chosen.

To be fair, this is far from the first time that someone tries to such a maneuver.

Last December, researchers from Duisburg -ASSEN University in Germany published a paper in the magazine Financial research speeches Finding that advanced Openai models seem to have already chooses to collect money. In an interview with Morningstar In June, in the meantime, the Assistant Professor of Florida University Alejandro Lopez Lira said that over years of stock stock simulator, Chatgpt was not great.

“Our results on paper are much more optimistic than the performance will actually be with a reasonable investment.”

There is also a clear logical problem: if artificial intelligence is already better than the ordinary person in choosing stocks, then all merchants will start using artificial intelligence and change the entire market dynamics, and future deals are likely to work in the same logic.

In response to the greatest direction, Smith, as he explained on the Github page that documents the experience, decided to overcome the endeavor after seeing the advertisements of a way to circumvent that claimed that artificial intelligence could choose shares with less than its value and make investors Mucho Dinero.

“It was clear that he was trying to make me subscribe to some garbage, so I just turned my eyes.” Then I started wondering, “How successful is this? “

As it turns out, it works well – but not without human inputs.

Every day, Github Smith explains, Chatgpt provides trading data on its stock portfolio. Smith also said that he is implementing the strict “stop loss” rules, which require a trader in this case, Chatgpt-for sale immediately when stocks reach a specific price.

Although the declared purpose of the experiment is to know whether AI can “manage money without guidance”, this is clear that this has not yet happened. According to his own confession, Smith has his commitment to daily homework with trading data inputs until the end of December. Even if this task takes only a few minutes, it is still an example of human intervention to a project that was supposed to, on his face, allow Chatgpt to do something.

However, it is a great look at what AI can do, a little muscle grease, and $ 100 in the stock market – at least in a prosperous financial month. The real question? Whether the robot wallet will be higher or down by the end of the experiment.

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