WigglyPretzel

Sharebazar

What are your views on this startup by iit Ian's who use Ai to predict markets and pay you 3000 monthly on 1lakh investment

16mo ago

Talking product sense with Ridhi

9 min AI interview5 questions

SquishyQuokka

Gojek16mo

Most likely scam. There isn’t much alpha in using AI for the markets. The only edge in the markets is knowing information faster than anyone else.

SqueakyMuffin

Zomato16mo

From 1814 great stock exchange fraud (Few people got to know Napolean won, they spread news that he's dead, and bought everything cheap) to having co-location as near to the exchange as possible in order to save on nanoseconds of time.

Faster == money.

CosmicQuokka

Paralleldots16mo

Most likely scam, during college I put ₹500 in another app of similar concept, advert by some cricketer. Couldn't ever withdraw the deposited amount, let alone any gains, if i remember correctly Costa savings was it's name.

GoofyPickle

Stealth16mo

Read official RBI papers on algo trading.
Leave AI, very few even use machine learning.

Everyone has only data analytics. If things like sentiment analysis is termed as ai/ml, I have nothing to say over it.

Less than 1% may be using AI ( worldwide ).

We are also an algo trading firm with a good track record, with a solid tech team. Our analysis says, using AI/ML dont produce consistent or confident result. Not yet.

3k / 1lk = 36% is achievable, on an average, if your stay in the system for longer period. I don't deny that, we do more than that. But guaranteed 3% a month consistently is not possible. Markets themselves are not of that nature.

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Curated from across

Hyderabad16mo

by WigglyPretzelHSBC

Sharebazar

What are your views on this startup by iit Ian's who use Ai to predict markets and pay you 3000 monthly on 1lakh investment

Office Gossip20mo

by DizzyWaffleProduct Manager

Some observations after 10+ years of being in the system

Most VCs are fraud, they never make any money and keep shifting from one fund to another to hide that they never made anyone any money. They also have usually no real input to add. They are no subject matter except negotiations whi...