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TradeSmith Unveils AI-Powered Trading Tool: TradeSmith GPT
TradeSmith has launched a new artificial intelligence trading tool called TradeSmith GPT, designed for everyday investors. This tool utilizes 120 million data points to identify optimal buying and selling “profit windows” in the stock market, potentially allowing users to achieve returns of over 100% in as little as 17 days. CEO Keith Kaplan demonstrated the tool during a free broadcast presentation on October 3, 2024, showcasing its capabilities to predict market movements with precision similar to that of Wall Street firms.
In recent years, algorithm-driven trading has dominated U.S. markets, accounting for around 70% of daily trading volume. The success of AI in trading was highlighted by Citadel, which generated $16 billion in profits in 2022, largely through computer-based trading. TradeSmith GPT aims to make such advanced trading techniques accessible to individual investors, marking a significant shift in retail trading dynamics.
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