Can Humans Outperform AI in Trading?

So last night while trading, I stumbled onto this event on a CEX called the AI Master 1v1. The prize pool seems kinda insane, honestly, $30M up for grabs! It might be exactly what I need to take my trading game more seriously. I’m considering using this as a test to see how disciplined I can be when there's actual money on the line. Usually, I treat these kinds of events like side quests, but this setup feels like a real opportunity to boost my trading strategy. Has anyone here given BingX’s AI trading tools a shot? Did you manage to bag the AI?

What a contradictory statement you have here, I sure thing that I feel about this is that you already have the tool and used it or not but aimed at promoting over here since you have a topic titled that cash the attention of many readers but a different thing in the main thread. Quick one, if you are promoting this AI trading tool and the pool available you have to come out straight, but if you are looking for forum members views on this tool, then I will say that you will likely have more human traders who have built a trading skills over the years and won't be looking so much for AI assistance to many may not know about the AI you mentioned.

We should not compare the use of AI to that of what human can do, had it been there's a proven and effective use of AI for trading with maximum capacity for profitability, then many would have preferred using them than any other, but things were not the same way as some would have expected of them, to be a trader, we need to learn how to trade and understand the most critical aspects of trading before starting.

I don't trade there and if they have that feature, it will beat their system and could make the exchange bankrupt. But why they've added that to their feature for their traders? it's because they know how it will trade for the people and I think it's not what people think of it as an automated trade that shall do all of the trades for them. Because if there's something like that that exists, we shouldn't be trading on our own anymore. Although the reality is, human traders are still better than the AI traders. As I've said, if one is found to be doing that, we'd all be rich already.

It depends really. Not all AI are the same, some are good at certain topic some aren't. If you look at AI benchmark they differ in their capability on doing tasks. I expected the same toward trading. Some may be trained with trading data and some didn't. That's where testing matters. Apparently human are more accurate than AI for trading as of now. Proven from the fact that most of top traders are human.

I will say AI will be most accurate than humans because most humans will likely know how to gamble with trading than to know how to trade. But a well known professional in trading and analyses will be far better than AI. AI can be able to predict the market, but not all its predictions are accurate and it can not be accurate like a predictions from a professional trader. Also professional traders know more moves to make to make money in trading than what AI can give.

It does sound like you’re weighing between genuine curiosity and a bit of hype because a 30m prize pool is no small bait most platforms design these flashy events to attract attention and new users but when something looks too good to be true it usually means the actual rewards are structured in a way where only a handful benefit while the majority just provide liquidity or volume for the exchange.Using it as a test of discipline could work but you don’t need an ai event for that discipline shows in how you manage risk set limits and stick to strategy whether the prize pool exists or not if you go into it purely for the prize your emotions might override the discipline you are trying to practice. As for BingX ai features i’ve seen traders mention it but like any ai based system it’s not a magic bullet ai can automate or speed up analysis but it cannot eliminate risk if you rely fully on it without your own judgment you might end up just following patterns that look smart but fail under real volatility. So before diving in with high expectations it’s smarter to treat it as an experiment keep position sizes small treat any profit as bonus and the real win will be testing how you control yourself in the heat of the market not whether you win against the AI.

I’ve been using the BingX platform for several months now, but I’ve never used AI trading on that exchange, since I usually just trade in futures and spot most of the time—not really in AI trading or trading bots with AI. So far, the results of my trading activities on BingX have been good. Although I do see other features available on the platform, I haven’t really had the chance to get curious and try them out.  For me, it still feels different when we personally carry out our own trading activities compared to entrusting them to trading bots with AI.

Sometimes I laugh out my ribs when I see traders trying to use trading features like bots on a centralized exchange to make profits. Do you expect to make money from the exchanges that provide these services? I doubt you don't know what you are driving to because no exchange will make you rip their ass when they supposed to be making money from you. If they create bots and allow you to make huge profits by using their AI tools, who will pay for the loses? I doubt you don't understand the misery of this kind of tools and why many exchanges are supporting and implementing bots in the name of making you profitable.

This just like when a gambler said he will deal with the bookies or will I say the casinos when they already know that they are not the odd makers and may be they aren't aware that every casino is a business and as a matter of fact casinos are in for profit no jokes attached. People should think wise, any added features be it AI or any other features that look like something that will be beneficial to traders found in those centralized exchanges is just to attract or lure more traders in believing that they can hit shit out of the exchange by making more good profits from them but that's pure falacy, as a strategist, there's no way I will be creating something that will benefiting the users to the extent of putting me out the business, every added features must benefit me 85% or infact 90% the remaining 10% should be for the users nothing more, so we should know this and know peace so that we don't get deceived.

You are making a sense here mate and it's good we understand why exchanges are in operation. There operation is not to provide free services or free money to the public but to utilize their own features to make money for themselves. This is strictly business and you should not think that the award they claimed will be rewarded to traders willing actually come to you.  Op need to have a rethink and take his mind from that so he doesn't lose more than he can chew. If an exchange uses their own money to develop a bot with the claim of making you huge profits, Who do you think will be at lose? The token pairs or Bitcoin? Op need to understand the irony of this and he need to take his mind from that as soon as possible.

Professional traders is more likely to trust their own skill when they attempts to trade the particular coin and i think this is make sense because those traders can gets the skill from the experience for years and they don't want to used AI for their trading journey because they thought trading used their own skill will much profitable than using AI Lets thinking logicly that if trading using AI is profitable then i am sure there will be no more traders who experience losses which mean all of the current traders who using AI always gets profit but in fact many traders didn't dare to put all their money and rely on this technology and certainly human can predict well than AI because they can used skill and their education which they got from being an the traders for years

No, I haven't try BingX and I haven't heard that they have their own AI trading platform? In any case, there are pros and cons of AI and it's not like the perfect solution to every crypto trading problems that we have. One pros is that it can help us trade without emotions, we all know that this is one of the worst enemies that we have as humans. So eliminating that might get you to the next level of making a profits. Cons is that for the bot to be sharpen and see nuances and glitch in the market, it should be train. And the one that is going to train AI is you. So it's a question whether you have the experience to set up all the parameters inside a trading bot so that it can understand how trading works and how it will make the trade in order for you to make money. So it will take sometime for us to really train them and make a "perfect" bot to used.

Funny thing about these "AI vs Human" matchups is the AI might win on consistency, but it doesn't get sweaty palms when it sees a red candle drop like a guillotine. Humans do. Sometimes that panic is the feature, not the bug. Curious though, if BingX's AI was actually that good, why would they be dangling it in a contest instead of quietly printing money in the background? Maybe the real game isn't who trades better, but who markets better. Ever tried running your own rules-based bot side-by-side with your manual trades? That might give you a sneak peek at how "AI-ish" your discipline already is.

Yes, at least compared to AI of this period, maybe in the future AI will be better than most people but right now they are not. People who claim that they have great AI bots are people who just wants your money and nothing more. I think it could be a problem for people who do not understand it. So it's very good to keep trading the way we are trading at the moment, it's really not that crazy to make that kind of bad trades ourselves, and even if we make that mistake then we could learn from it and that would be a lot better and when we are learning that would mean we will get better. This is not going to be troubled at all, it is not going to be crazy to think of it because it's really a lot better to be able to trade great ourselves.

That is something I agree. The improvement on AI is not going to stop, we have ventured into a brand new world and AI is doing things that nobody assumed it would. Yes, it sucks right now and could be considered a stupid person with a google access, but that's not going to be the case forever. Eventually it will get smarter, maybe next year, maybe a year after that or maybe in ten years, who knows how fast it will improve but there will come a day when AI will be a lot smarter than this and be capable of trading. The real question is, if AI can trade so well, then how could we all make money? Whose money are we taking? If we ALL use AI because it is great, then the money that we make, should be coming from somewhere, where would that be? As you can see, it's a paradox.

Artificial intelligence can trade and it could be effective, indeed but the market is still unpredictable enough so no person or critical intelligence is able to see what is going to happen in the future, it does not matter how much information you have about the market and how many patterns you manage to see on time, there is still a very strong dependence on entropy which changes the behavior of prices. It is pretty much the same reason why AI cannot be used to defeat casinos on their own games.

People always look for the simplest way out, and the fact that it's on a decentralized exchange is already a warning sign because of the contradictions it presents. This is because it's hard to manage when you don't even know how to do it. The best course of action is for them to go and properly inquire about trading, which is when you can do some tangible things. However, completely relying on AI in trading is risky and shouldn't be encouraged. People constantly have to learn the hard way because they believe that utilizing AI would make them flawless. They forget that even with AI, they can still compromise the market, thus it is even better to make your own decisions whenever you trade.

AI can do a lot more for you than just trade for you. If you think that there will come a day when AI trading will bring better results than human trading, then you should also consider how it could do a lot more too. Like right now it is being tested to get great medical results, in order to correctly diagnose people, not the typical chatgpt thing we have, but special AI software that are being educated on it. Think about what that could bring, it could literally prolong human life, and that is the obvious way we can use it. Or it could create a world where robotics and AI got together and works, and we just stay at home and have fun, and use UBI because that is literally the future, robotics and AI will take over the workforce.

I don't even know why someone will try and compare artificial intelligence to that of the human and I don't know if these people have forgotten that it was human that created the AI ability to do all those things they are doing. Trading is more skilled than what we could think of and it will not make sense to compare it to that of the robot that could trade for us and do other certain things for us too. We need to be ready and prepared to make money or else we might keep agitating about what is better whether the use of artificial intelligence or human being ability.