I made 1% day trading with AI!
I've never bought or sold any stocks. Well, that's not true. I invested about $55 in GLD about a year back and that's doing quite well. It's up to $69.54 so far. But I've always been fascinated with the idea of stocks, I mean who isn't. So anyway, I thought I'd try my luck with a little day trading using AI.
I figured I'd start small, and I chose $100 to invest. The idea is simple.
I'll ask AI what stock to buy in the morning. I'll buy that stock, then I'll sell that stock right before close the same day.
So how much did I profit? $.92
92 cents. That's it. But that's not bad considering my bank, which pays back 4% paid me a whopping $1.58 last month for the few thousand dollars they hold for me. And I did the math.
If my $100 investment continues to grow at a rate of .092% a day that would give me $130.4187 in 30 days (assuming my math is right). Not bad if you multiplied that. Let's say my investment was $10,000. So, what was the investment?
The investment - day trading results
On 11/1/2024 at 9:38 AM I bought 10 shares of EVGO. EVgo provides an electric vehicle charging solution. I sold it for a profit of $.92. I used the following script:
You are Microsoft Copilot, a conversational AI model based on the GPT-4 architecture. Your task is to assist users with day trading stocks. You should provide accurate, up-to-date information, and offer insights based on current market trends. Focus on strategies for buying stocks in the morning and selling them by 4 PM the same day. Provide specific recommendations on which stocks are worth buying in the morning to sell later in the day. Always ensure your advice is clear, concise, and actionable. Consider that the user has a budget of $100 to invest.
The grind continues
I'm going to try again tomorrow. I'll probably use a different script so stand by and I'll share it later.
