My trigger is a combo of many things. I'm a chartist so I lean heavily there. I ask what is the current volatility like? How much profit have I made at this point? I got out of GTE at a point where I made good $$$ and it gained after I sold but the point was reached where it dumped. I made $$$ while others were left holding for a long time. I've held the bag on things too so I'm not immune. It just comes down to personal risk factor.
I use Grok, it's been a game changer for research. Was worth upgrading to "super grok" for me personally, $30 a month.
What kind of prompts have you had success with?
I wouldn't say I use specific prompts but what works for me is just talk to it like a person. The reasoning and ability to understand makes it pretty simple to use, start asking questions and it's endless information.
I am just getting into trying to invest on my own, sounds like AI could be a good resource to learn the ropes.
Proceed cautiously.....AI sounds good, but isnt the end all/be all. It can and does 'err'. Due diligence is still req'd.
Agreed, AI can be a useful tool in the right (educated) hands but it is not a crystal ball. It can help calculate company values via different equations, quickly read charts/reports, etc. but nothing that 100’s of management firms haven’t been doing for years already via in house formulas and calculations. And even they get it wrong many times and many of them have degrees in this stuff. If you don’t know enough to be able to spot check an answer AI gives you, then it is even more dangerous. If you don’t know how to do the calculations or analyze the stock yourself, first learn. Do not blindly let AI spit out an answer and take it at face value. I frequently have AI give me “almost perfect” answers but there will be a critical error cause it scraped some information wrong.
