AI is Powerful, But You're Using it Wrong
By Dave Mabe
There's no question that AI is incredibly useful for traders.
But most traders are using it incorrectly.
They're using Claude Code as the CEO of their trading, when you would be far better off thinking of it as a summer intern.
The AIs are:
Over eager
Over confident
Enthusiastic cheerleaders
All these aspects make them terrible traders.
The real problem is that most traders are using them as if they were 7-figure traders who have never been in a drawdown.
This dynamic is no different than signing up to a guru's trading room, following their picks, and expecting to be consistently profitable... forever.
They're outsourcing the hard work of improving to someone else.
Which will always put a ceiling on how good your trading will ever be.
Because you have no path to confidence.
If you don't know whether you're using AI as your trading CEO, you probably are, and you don't realize it.
How can you use AI like a summer intern instead?
-Dave
P.S. Interactive Brokers has invited me to do a webinar later this month on October 19th called The Biggest Mistakes Traders Make – From Beginner to Expert – And How to Avoid Them.
I'll walk through the costliest mistakes traders of all levels make and what you can do to avoid them.
I hope to see you there.