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Perhaps someday AI models will be a surefire way for traders to turn a profit. But that day has most definitely not arrived.
Far from it, in fact, according to a just-completed study from DayTrading.com entitled “
AI Trading Error Rates: Accuracy, Risks, and Reliability.” The study reported that leading AI models leave much to be desired. For example, they often hallucinate, even reporting “company financials that never existed.” They often returned “price data that was days or weeks old.”
