In 2023, the whole tech world suddenly turned its eyes on the concept of expert AI systems thanks to the sudden influx of people interested in the technology after the record-smashing success of OpenAI’s ChatGPT. Large language models (LLMs) are dominating the scene in the hi-tech world with all tech-adjacent corporations making moves to incorporate AI to at least some degree.
The world of finance did not become an exception. Trading is a domain uniquely positioned to benefit from the introduction of powerful AI tools. It is based on the heavy utilization of technical analysis that works well only if an analyst is good at pattern recognition and data processing. AnAI trading bot created by an advanced machine learning algorithm can be extremely successful as proven by the recent performance of the WunderTrading latest product!
What is AI-assisted statistical arbitrage?
There are many ways to implement expert AI systems in various trading automation products. Some companies are experimenting with enhanced grid bots which are automatically adjusted by expert artificial intelligence. Others believe that they should invest their R&D resources into finding the next predictive model that will produce reliable forecasts. These expert systems will be improvements to what we have now, but they will unlikely change the game!
WunderTrading bots are different in one particular aspect. They are fully autonomous and do not require intense supervision. AI-powered trading should be a hands-free experience for retail traders who want to use the power of machine learning to its fullest potential. In the end, we would have just continued trading manually if we didn’t believe that machines are better traders that we are.
Using machine learning to analyze huge swaths of data is a good way to create a system capable of recognizing unique patterns and sequences of events that are invisible to the naked eye of a human observer. In some cases, these AI systems have emergent abilities that were not intended by developers.
So what does WunderTrading’s smart trading system do?
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The machine learning algorithms use multiple types of data to update the AI. Training sets of data are comprised of historical price action and volume information gathered from different sources. Contextual information (relevant news stories, analytical breakdowns, and more) is added to make the data set more holistic.
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The AI system is at the helm of your portfolio. The system is capable of monitoring hundreds of positions at once to create a balanced portfolio. When needed, it will make adjustments to all holdings and make the composition of assets different depending on the market conditions and its own understanding of price dynamics.
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The system produces superior returns by reducing risks. One of the issues with human traders is that they are often impatient and may liquidate positions too early or too late due to misjudging the situation. AI-powered systems do not make such mistakes and try to make the most efficient moves to maximize profits while avoiding all potential risks.
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It is a whole team of bots working together. One of the downsides of the product is that it uses more computational power and still underperforms on rare occasions. However, it is a powerful system that utilizes the power of automation and runs a complex portfolio that produces profits consistently and allows you to leave it alone for a while without worrying about your finances.
Take advantage of the latest trends in the world of trading automation
We strongly believe that the future of the industry is tightly tied to the advancements in the field of machine learning. Better models will outcompete slower ones. It is an arms race between different automation vendors with many companies like WunderTrading investing in the concept of expert artificial intelligence systems as early as possible.
While we cannot guarantee that crypto automation powered by novel AI systems will perform better that polished custom-made bots, there is a very important benefit that many skeptics overlook: it is hugely important to be among first adopters. You should not wait until others test new products for you!
Here are some advantages that will be enjoyed by people who will start using automated crypto bots powered by AI as early as possible:
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Learning about the technology as it is getting developed. While machine learning is not a new concept, it reached adolescence only now. We are living in the age dominated by artificial intelligence systems which are being designed and created right now. You can be among people who deeply understand how they work and how they can be used efficiently!
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AI traders may soon replace humans. It is possible that some AI systems will be so much better than human traders that institutional investors will want to replace their staffers while individuals will simply pay for the latest iteration of AI to trade on their behalf. You should get ready for the imminent AI revolution and start using advanced tools immediately.
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AI-powered systems are cheap and accessible. WunderTrading allows individual clients to use all features of the platform in the same capacity as the biggest institutional clients. You can run an AI-assisted statistical arbitrage bot for a low price of a monthly subscription and still benefit from the same edge that large corporations have over average retail traders.
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You will be able to use AI to build passive income crypto bots. The current iteration of AI tools is just the first step toward a world where you may use generative artificial intelligence to build unique instruments like crypto bots that generate profits regularly without exposing your portfolio to various risks associated with crypto trading.
It is important to use AI-powered automation products right now, when they are being developed. Early adopters will benefit greatly from employing the technology during its infancy and learning how to use it efficiently and confidently. Algorithmic trading enhanced by artificial intelligence is an exciting proposition which sounds futuristic. However, some companies like WunderTrading are at the frontiers right now and allow their users to test some industry-defining technologies of tomorrow.
