You’re not going to believe this but I got a condescending lecture by AI on my trading and worse yet, AI was right! The story started with the idea of buying QQQ but I rarely ever go online and execute a “buy” trade. When I enter a position, I prefer to get a discount either…
Category: AI
Artificial Intelligence related
Built A Third Financial App – Japanese Yen or Silver?
I wanted to buy some Japanese Yen via a put ratio trade but the apps I’ve built so far are great but they scan the entire market and give me the gold and weren’t giving me the yen (pun intended). So I decided to get Gemini to build me a new app that would allow…
The Maximum Drawdown-Minimized Model Portfolio for Retirement?
Earlier today I posted a model portfolio for 25 year old based on a variety of metrics and assumptions and I asked ChatGPT to create a similar one for retirement. Below is the summary response after a long conversation. AI Response Below is a maximum drawdown–minimized portfolio, explicitly designed to survive 2008-style, COVID-style, and rate-shock…
The Model Investment Portfolio for 25 Year Olds?
This past weekend I had some great conversations with ChatGPT on building some model investment portfolios based on some specific criteria. Long time readers know that I primarily invest in equities/ETFs that have options on them so I can hedge or generate additional income from options trading. With that in mind, I asked ChatGPT to…
My First AI Driven Trades
As I’ve written about creating a new app to help me find net credit collars on equities, I finally decided to trust AI with a couple of trades. Unfortunately the market isn’t static so what you see on a report is likely to change quickly. I had expected to trade the items in highlight in…
New Financial App: Options Put Ratio Finder
I’m sitting on the recliner in my house watching Wisconsin playing Villanova and getting bored so I decided to check out some put spread options for fun and then it hit me! I can build a new app for a YouTube video I saw a while back from Options with Davis. If you want to…
AI Fight Club: Financial Advisor Municipal Bond ETFs
I am having second thoughts about dumping ChatGPT because it just did a brutal knockdown of Gemini as a financial advisor on a municipal bond ETF allocation scenario. Here’s the prompt and the data set fed to both Gemini and ChatGPT. Prompt: You are a financial advisor tasked with allocating $50000 in investment funds into…
Update On My First Financial Trading App
I am just amazed that I am now having Gemini write code for me and it’s actually doing what I want. I don’t have to pay any developer, I don’t have to have conference calls, I don’t need to setup infrastructure. I don’t need to wait, mistakes or errors get fixed almost instantly with chat…
Building Apps With Gemini Pro – My Third App Sneak Peak!
I’m so excited about my unfinished third app that I wanted to write a post about it! This is my first financial app that is centered around fixing a very annoying and time consuming problem I wrote about recently here. For some quick background, because the economy is spiraling downhill I’ve been trading net credit…
AI: Auditing Your Insurance Policies
The wonders of AI are only going to be limited by your imagination. I’ve been using AI for quite a few things now but it hadn’t occurred to me to use it as an auditor for my home and auto insurance policies until I saw this video from Coach Carson below. Thanks for the idea…