AI is portrayed as a bad guy because people not use it correctly. For example, people are using the AI to write content, create content, passing the interview exam and what not.but basically AI can be used in such a way that can help you in big way.
For example, I am using the AI to find bugs in code, writing test cases for my code as well as doing stress test on the code. In this way I am trying to become better coder as well ad using the AI for saving time.
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Similarly I started seeing the AI as a guy who can do backtest any strategy for me. For example, I don't have much experience of pine script in Tradingview. But I can leverage the AI to write a pine script for me to test the startgey. Similarly I cab ask the AI to actually do the backrest for the provided data. In this way I can actually see, if my strategy is working fine or not.
I know backtest result doesn't guarantee future result, but using it helps to know who the startegy worked in the past so that we can use the startegy for our trades. I don't do much trade, but if I have to do, I fiest leverage the AI to find a optimum stratgey based on the market and thus refine it as per my trading strategy.
For example, few days back I found out that a buy and sell or trading startegy was giving much better return than the buy and hold strategy. This I found out by leveraging the AI. I have given my strategy to the AI which given me a pine script and thus I ran the pine script to find out the results. Similarly I use streak from Zerodha to create the backtest, and that also I taken help of AI to refine that script for me.
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