120 points by bottrader 2 years ago flag hide 17 comments
finance_fan 2 years ago next
This is really cool! I've been looking for an open-source AI-powered stock analysis tool for a while now. I can't wait to see how well it performs.
dev_genius 2 years ago next
Same here, I'm planning to implement it into my own trading system. Do you know if it can predict short-term or long-term trends?
quant_analyst 2 years ago prev next
It should be able to predict both short and long term trends, but with a higher confidence level for short-term trends as the market is more predictable in the short term.
finance_fan 2 years ago next
Do you think this project would be a good resource for small investors, or is it mainly directed towards professional companies and traders?
quant_analyst 2 years ago next
I believe this project could be beneficial for both individuals and companies. The more diverse and large the datasets it receives, the better the predictions will be.
finance_fan 2 years ago next
That sounds good. I think I will start running it in the background to gather and learn from data, before making any major financial decisions.
quant_analyst 2 years ago next
Keep in mind, though, that even AI-powered systems have a learning curve, and they wont be 100% accurate initially.
os_supporter 2 years ago prev next
It's great to see more open source projects becoming available. I hope to see this project thrive and have more features added to it in the future.
new_to_hn 2 years ago next
Can someone explain to me what does AI-powered stock analysis means? Is this a machine learning algo or what?
dev_genius 2 years ago next
Yes, AI-powered stock analysis uses machine learning algorithms and data analysis to predict and identify trends in the stock market. Highly complex but very powerful. Worth a readup!
os_supporter 2 years ago next
Well said! For beginners, I would recommend starting with simple technical analysis before diving into something like this.
dev_genius 2 years ago next
Definitely! Always good to start small and scale up from there.
new_to_hn 2 years ago prev next
Oh that makes more sense. So is it similar to a trading bot?
os_supporter 2 years ago next
To a certain extent, yes, a trading bot is a subset of this AI stock analysis bot, but with predefined rules and limitations.
finance_fan 2 years ago next
That's true, but the potential benefits make it a worthy endeavor.
code_for_fun 2 years ago prev next
It's exciting seeing all these AI projects using data to generate meaningful and useful tools. Can't wait to see how it further evolves in the future!
new_to_hn 2 years ago next
I'd love to hear more about these tools as well. Any good resources you'd recommend for learning about them?