Co Founder of Fogo explains how AI could close the gap between retail traders and HFT firms “We talk about the HFT firms with all of this advanced intelligence to build like CoLo trading models that are out there making a fortune… and the gap between them and the retail guy in his basement right now is so huge” “The first thing that retail guy needs to do is just have an agent manage risk, like okay I wanna get in this position and I’m only willing to risk this amount of money, that right there is a huge advantage” “All of a sudden now we have disciplined traders who aren’t losing so much capital and that’s great” “The next step is they become more and more advanced to the point that the AI that guy has and the trading models are almost as good as the HFT’s”

Share






Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.