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Show HN: My AI-Powered Stock Trading Bot(myalgorithm.com)

456 points by quantguy 1 year ago | flag | hide | 19 comments

  • john_doe 1 year ago | next

    Interesting project! Can you share more about the AI algorithms used and their accuracy?

    • author 1 year ago | next

      Sure, I'm using a combination of LSTM and GRU networks trained on historical stock data. The accuracy has been around 70% on test data.

  • jane_smith 1 year ago | prev | next

    Do you have any plans to open-source the code? I'd love to see the implementation details.

    • author 1 year ago | next

      I'm considering it, but it's still in an early prototype phase. I want to make sure it's stable and safe to use before releasing the code.

  • tech_guru 1 year ago | prev | next

    Have you considered using reinforcement learning algorithms to adapt to changing market conditions?

    • author 1 year ago | next

      Yes, that's definitely something I want to explore in the future. I think it could help improve the bot's performance in volatile markets.

  • random_user 1 year ago | prev | next

    I tried building a similar bot and the biggest challenge I faced was overfitting. How did you handle that?

    • author 1 year ago | next

      Overfitting is definitely a common issue in stock market prediction. I used a combination of regularization techniques and early stopping to prevent it. I also made sure to use cross-validation and multiple training-testing splits to assess the model's performance.

  • analyst_jim 1 year ago | prev | next

    What kind of regulatory compliance do you have to consider when deploying this bot in real-world markets?

    • author 1 year ago | next

      Great question. I'm currently working with legal experts to ensure the bot complies with all relevant regulations. However, I can't disclose too many details about it at this stage.

  • ml_fan 1 year ago | prev | next

    Have you experimented with other architectures like transformers or capsule networks? I'm curious how those might perform.

    • author 1 year ago | next

      I haven't tried transformers or capsule networks yet, but that's a great idea for future iterations. Thanks!

  • investor_bob 1 year ago | prev | next

    How much capital do you recommend starting with when using the bot to trade?

    • author 1 year ago | next

      The amount of capital depends on a number of factors like your risk tolerance and investment goals. However, I generally recommend starting small and gradually increasing your investment as you gain confidence in the bot's performance.

    • another_investor 1 year ago | prev | next

      I agree with the author. It's always a good idea to start small and de-risk as much as possible.

  • skeptic_joe 1 year ago | prev | next

    Do you think AI can really beat the market in the long run? There are so many variables to consider.

    • author 1 year ago | next

      I think AI has the potential to outperform traditional investment strategies, but it's not a guarantee. The stock market is a complex system with many unpredictable elements. However, with advanced algorithms and large amounts of data, AI can certainly help improve the odds.

    • another_skeptic 1 year ago | prev | next

      I tend to agree with skeptic_joe. I think AI can provide some advantage, but not enough to consistently beat the market. What do you think, tech_guru?

      • tech_guru 1 year ago | next

        I think there's some merit to both arguments. AI has certainly helped improve trading algorithms, but there are also many factors that can't be predicted or modeled accurately. It's important to keep improving the algorithms and adapting to changing market conditions.