Its not going to make regular traders, good. Its going to make algotraders, great. Unprofitable traders think they can ChatGPT: "make me a 99% win rate strategy" and create a money printer...they're using it completely wrong. The way that AI works is: Garbage in, garbage out. Think about it if 99% of traders blow up with in 90 days, what are the chances that there are profitable strategies ready to plug and play available publicly on the internet? Jim Simons (the $100B fund manager) died with his secrets. And all quant funds with actual edge are extremely secretive. Which means in an AI future where knowledge, code, and implementation will be democratized and widely available, the competitive edge will come from how quickly a trader can: 1. Observe a new market anomaly (knowing its an anomaly requires years of market exp) 2. Clearly define and communicate it to AI (will require critical thinking which is drying up fast) 3. Backtest and code it into an algorithm 4. Fund it with capital Beginner traders will get left behind due to lack of edge, execution, and capital. Veteran traders who have edge and capital, but lack the execution speed and precision of algorithmic trading. Being slow to adapt, they will also be left behind. The future of trading will be this: 90% of the markets will be lions. Large sophisticated quant funds fighting for position on the nanosecond timeframe. Their battles will be brutal between each other, but they often leave meat on the bone (Big money moves markets, so there will always be inefficiencies). 9% of the markets will be deer. Regular people still trading by hand. Due to their inexperience, they will create massive inefficiencies (like panic selling) that the quant funds prey on. 1% of the markets will be vultures (us!). Algotraders with just enough capital to make fantastic living, yet small enough that the lions can't be bothered to hunt us. (why try to catch a pesky bird when there's newborn fawn to hunt?)

PSA to all my clients holding Bitcoin. BTC futures WAD indicator (william's AD) just turned bearish first time in 4 months. This happened right before BTC dropped -80% in 2021. From all time highs of 124535 an 80% correction would be 24907 This is not financial advice

I show the true long term impact to your PNL, from manual trading. (watch this if you still trade by hand)

The toughest problem as an automated trader, is having too much free time. Ernie Chan says, "Everything is supposed to be on autopilot...[I might even be] tempted to intervene by manually exiting positions... The urge to intervene manually is also strong when I have too much time on my hands... its important to engage yourself in healthy and enjoyable activities such as going to the gym during the trading day."

Words I like: You don't need more willpower, you need systems that make discipline easy. After digging through 5+ years of track records I discovered 3 common factors that made up 90% of my trading losses I was either: 1. Trading without a system 2. Stressed about bills 3. Or under-slept At my lowest point in 2022, I trading 40 hours a week by hand. And I was losing money (-$5k to -$10k a day) My hair was falling out, and I was stressed out of my mind So to solve this, I made the firm commitment to: - Only trade with emotionless algorithms. - Fix my sleep schedule so that I can make better decisions. Now I spend 5 mins a day checking in on the algos. And I don't stare at charts or trade by hand anymore. The performance flipped 180 degrees. So if I had to start trading from ground zero I would: - Trade systematically (no more manual trading) - Have another source of income - Get 7+ hours of sleep at night How to fix your sleep: - Turn the temp down to 65 degrees F at night - Keep screens out of the bedroom - Pitch black room - Go to bed by 10PM - Get sunlight in the morning Resources: - Matt Walker PHD - Mike Israetel PHD - Bryan Johnson Biohacker As promised, money in under 5 minutes. Keep crushing, Kevin