ChatGPT Outperforms Professional Investor Surpassing 30 963.59% Gains

this is going to be a really juicy and informative video I wanted to show the strategy that chat GPT helped me to create it's achieved over thirty thousand percent you can see that right there on the screen that's the net profit and I linked it in my Discord server so if you want to try this strategy out for free click the link in the description follow along with this video I'm going to explain each component of how to fine tune it to make the most out of this strategy so I really wanted to do a bowling or Ben strategy and I asked chat gbt for ideas for rule entries and exits and it gave me some pretty good ideas so I've integrated those into the strategy and I've achieved around 30 over 30 000 profit on this time frame this is the ethereum chart and the trade we're currently in we just had a massive short squeeze up here the trade that was entered was way way back here and for several days now this has been holding its trade all the way up let's just see the percentage the trade we're in and I can open up in the strategy panel right here the open profit loss right here is around 16 so it's nailing some of these super pumps and recently Gala had a really great days let's see how this trade performed it also called the gala pump so Gala shorted all the way down started at the beginning of the breakdown closed halfway through opened up another one and then shorted the rest of the way down and closed in absolutely insane profit and it flipped right back to long so this was a 11 almost 12 short and then this pump was ridiculous it actually closed the long it was 124 pump now let's see the strategy tester on this 971 percent gains on Gala these gains will differ versus various time frames this is the two hour chart if I go to the three hour chart you'll notice that that dropped to 326 percent and and then even on the one hour chart it's not profitable but I want to show you a way how we can tune this for different time frame settings now let's head back to the ethereum Chart because I mostly trade ethereum these days so on the two hour chart you'll notice that this is the highest and as soon as I go to the three hour it drops to three thousand percent it's it's hovering around three thousand four thousand percent once I go to the eight hour it's coming up a little bit dropping a little bit and it's hovering around the the four to five thousand range but once I go to the two hour it's actually very profitable let me minimize this really quick and Chad GPT was the one that gave me the here's the code and if you're not following along with the strategy that's okay you can always grab it later but if you want to grab it now just head over to the trade tactics Discord so link is down in the description or you can head over to my page hit subscribe and it's in my bio if you click on my profile Banner just pause the video and go do that now if you like so this this is how I I train this for different time frames but before I show exactly how how we do this I just wanted to show you where we're at with the technology that inspired this entire video and this entire strategy this is an analogy that I want to make right now chat gbt is right over here in this corner we if you're not impressed with Chad gbt today these models in the future are going to dwarf anything that you could have possibly imagined today so if you don't get a hold of them now and figure them out play with them see what you can do see what they're capable of you're going to get annihilated in the future because this is quite literally an adapt or die situation if you want it to add a new rule it's very easy to get chat gbt just to add a few lines of code so you give it this code that you have here and let's say you want to add an RSI if the RSI is really really oversold here and it's coming down and you have a crossover of your RSI let's go ahead and pull up an RSI just in as an example do you have an RSI and let's say this line crosses over the this purple line crosses down over the signal line you could always include that as an exit condition to do that you would just open up this code is the RSI code now this Top Line you already have that in your strategy you don't need this you need everything else though probably not these are plots the fill the H line you don't actually need this what you need though is this middle part so if you copy that and you head back to the trade tactic strategy you can just paste that in right before this code here the strategy code begins right here you can just add some enters here and paste it in to the code and you gotta find out which one is the RSI so you have a couple options this looks like the RSI right right here so if you click have this RSI and you want to add that as a rule so the RSI the RSI ma that's the moving average of the RSI that was this the yellow line that we had on our chart so we have the signal line and the RSI line and you can add these into the exits and that's just one example of how you could Implement other indicators into this for additional Confluence and additional safety and also you can head over to chat gbt and paste in the strategy code and at the very start of it you can add a prompt that you want to combine two strategies together in into one and it will do that for you fairly effectively if you provide the source code yourself and then you can build additional rule sets and if you don't know what rules to add you can ask chat GPT for to list around 10 or 15 examples and then you can cherry pick the ones that you think might be more effective and you could test them one by one and in doing that you're going to rule out strategies that actually don't work and there's a spoiler alert 99 of strategies out there that you see really don't work so you really have to learn how back testing Works how the bell curve of curve fitting overfitting and adjusting and fine-tuning work it really is easy Once you learn exactly how to do it but a lot of this was influenced by chat GPT so I tried everything that I could to make strategies that did work and to be honest most of them do fail but this is one of the ones that did work but before we get into that I wanted to let you know about an amazing opportunity to make 50 commissions selling one of the best indicators out there today this is Wolfpack professional and it is an absolute Beast of an indicator here this is what it looks like on your chart the Golden Cross is one of the strongest buy signals that I've ever seen this one found the perfect bottom it even came in before this Bollinger bot caught the trade as well and that is already in around 18 profit I'll show you just a little more as well this Blood Diamond coming in at the very top here this peak before this massive dump and the strength and the accuracy of these signals are ludicrous this was a 30 dump you can get a free trial on this page right here the website is tradetactics dot IO I'm going to link it down in the description below and yes you heard me right you can actually earn 50 Commission on every sale you make Nobody Does that but I'm doing it on tradetactics dot IO so head over there you don't need a subscription to begin reselling definitely helps to pick up a subscription if you can't afford it if you do make any reselles I'm paying you 50 fair and square because I feel that's fair and a lot of companies rip you off on low commissions this one does not there aren't more better side hustles than this and it'll level up your trade executions as well so click the link down in the description so anyway back to fine tuning I'm going to make another metaphor here to make this very visual first off I want to show you this is the length variable so we got the almost 31 000 profit on the bottom and if I adjust this length variable up one you're going to see that change really quickly it's 24 23 24 000 now and if I keep going it's going to fluctuate in that area as well this is a really sweet spot so it's picking up a lot of profit but eventually if I keep going if I adjust it really far up we've fallen off so there's a sweet spot on the two hour chart and is specifically adjusted to the two hour chart on ethereum specifically now you could tune this on any coin any chart Bond 4X Equity anything that you want to trade you can adjust this length setting on any time frame that you want to trade on so when doing this I'm going to demonstrate this for you so I'm going to demonstrate exactly how this works and why you need to understand how it works if you're going to fine tune your Bot this is a bell curve and we're right here up here in The Sweet Spot as you can see there's a fall off on the right side as a gradual decrease on the other side and you're going to get this line of averages so when we're back testing our bot we want to be somewhere in this area it doesn't necessarily have to be over here where you're on next to this cliff on the right hand side here because in the future maybe the data skews to the right side maybe the data skews to the left side in future data now we don't have that data because it doesn't exist yet but we have a line of averages and as you can see if I adjust this length curve down now before we went to the right side we went up if I go down you'll see it twenty four thousand sixteen thousand it's still hovering around sixteen thousand and thirteen thousand you can see that we're gradually moving down so that's how I want you to visualize how you're tuning your Bot now you'll notice that we're on the two hour chart on ethereum if I go to the three hour chart on ethereum we have completely different results and if I go to the four hour chart you're going to see it fluctuating over again to the right side of that bell curve here you'll see it performing relatively similarly if I go to the daily chart it's hovering on the four or five thousand so if I wanted to adjust for a higher time frame I would just increase this length I would bump it up and as as you see I'm going 43 7000 now on the net profit that net profit is our gross profit minus our gross loss so we end up with the net profit right here if I keep going upwards keep going keep going you're going to see us climbing that bell curve again until we finally top out so we might have topped out there I'm just I'm going to enter a much higher number let's go with 55 and see how high this climbs it's at eight thousand so we can probably hover closer ten thousand profit thirteen thousand we can keep going and we might have topped on that bell curve we're in a really sweet spot here the length is around 60. we're on the eight hour chart and I've just I think I've just tuned it for this chart we're in this sweet spot area so on the length 57 I'm going to hit OK and if you want to hard code that into your strategy it's not hard coded yet it's the length is 57 if you want to adjust that in your Pine script Open up The Source Code by hitting the source code in the top left these little squiggly brackets and I can find the length variable it's on line 12. currently it's set to 41 but if I want to adjust it to the current chart and I want to leave that locked in I would change it to 57 so I would delete 41 here delete delete hit 57 then I will hit save and that will hard code it into this strategy so every time I load my chart it's going to be the same there's also another way to soft lock it in we're on 57 right here and I would just hit save as default and then every time I load my chart as long as I don't update the actual code in the pine script it's going to stay locked in every time I load my chart and we're going to do one more example we're going to fine tune it we're on the 30 minute chart now on ethereum so we've come down as an example I had the two hour and the eight hour locked in and now let's try to do the 30 minute chart so if I go all the way down on this length variable you're going to see 59 and and you have to keep in mind that the 59 on this variable isn't including as many bars look back as the higher time frames because they because trading view Only Stores a certain amount of candles and there are a lot more candles on the 30 minute chart compared to the two hour chart so if I enable the Deep pack so if I enabled deep pack testing here and I'll go to the first available day I can generate a report and it's a little bit higher on this 148 profit using those settings which those settings were not fine-tuned whatsoever so let's see if we can improve this just a little bit more so I hope you can appreciate the methodological process that goes in to crafting these sort of bots 44 as I'm coming down and I'm just looking at the range of variables eighty percent 88 it's going up as I come down and you want to test the extremes of these variables so if I come all the way down to length 20 for example we're in the negatives we're 92 percent loss but if I come up to length 43 44 45 we're nearing this sweet spot that I really want want to be in so it looks like 43 is one of these sweet spots again I'm just pulling up the bell curve as an example this is how I'm visualizing it on each side you're going to fall off and you really want to lock it in in this top area here so let's do another Deepak test and see how this affected our results I'll turn on deep back testing I'm going to the very first available day on the ethereum data chart and that was in 2017 and we're coming to the current day and generating a report there we have it we have 2 400 percent profit and that's compounded interest over time the way this strategy works if it profits 20 it puts that profit back into the next trade and it'll keep doing that now the way that these settings are set you can find the sweet spot across various time frames and then you can choose which time frame is better performing for you and keep in mind that you don't want to have little outliers that look like they're way up here and they have all this profit because it could just be one of the outliers on this bell curve and it won't actually perform in real time and that's generally how you're going to increase your odds of performing in real time so it wraps up this video if you want to join the server the invite link is down in the description I've also linked to tradetacts.io if you want to earn 50 commission with zero risk to you zero upfront cost you can head over there and I appreciate every single one of you for watching to the end of the video If you enjoyed it hit the thumbs up button it really helps boost the video in the algorithm subscribe to the channel as well I'm gonna do more videos on more advanced topics if you want to learn how to hook these up to an Arbitrage and get them automated as well I'm going to be doing a video on that so hit subscribe if you want to see that video thanks for watching

Channel: Trade Tactics

Views: 74,048

Keywords: chatgpt, chatbot, chamath, ai chatbot, chatgpt ai, openai chat, gpt 3 ai chat, gptchat demo, hack chatgpt, openai chatbot, openai chat gtp, openai chatgpt, chatgpt writing, michael batnick, advanced chatbot, jaibreak chatgpt, chatbot technology, jailbreaking chatgpt, ntroduction to chatgpt, gptchat demonstration, conversation with an ai, what is anti intellectualism, what does ai say about our future, what is pseduo intellectualism, hack, hacking, haunted

Id: Nln41ze2SzI

Length: 13min 36sec (816 seconds)

Published: Thu Jan 12 2023