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Keith Kaplan, CEO of TradeSmith, announced the launch of a new AI trading system called “Super AI” that identifies the five highest-conviction trades in the market with up to 85% accuracy. This program aims to democratize access to sophisticated trading strategies previously reserved for elite hedge funds, potentially allowing average investors to achieve an average annual gain of 374% over the past five years.
The AI system is backed by an $8 million annual budget and a team of 74 researchers and developers. Over the past week, the AI has already produced significant trading predictions, including a successful projection for Tesla’s stock price, leading to a 5.2% gain within 24 hours. The first live five-stock recommendations from the system were sent out on Thursday at 7:30 a.m. Eastern Time.
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