Are you ready for a self-driving car?
Did you ask Google, Siri or Amazon Alexa for anything today?
Was your last trade a winner?
Or did you lose?
These questions point to a reality in today’s world. Artificial intelligence (AI) is here to stay. You are up against it in the trading world if you are not using it to your advantage.
Success is all about increasing the odds of picking a good trade. It is about winning more and losing less. One way to increase the odds in a fluctuating market is to use trading software that relies on the power of Artificial Intelligence.
How Does Artificial Intelligence Work?
AI is based on the idea of intelligent agents. Intelligent agents are devices that gather data and take actions to maximize its chance of success to achieve a goal. AI does this through learning and solving related problems that might hinder achieving the goal.
Simply put, Artificial Intelligence is about collecting and crunching massive amounts of data for learning, reasoning and perception. It performs the work that humans cannot.
Trading Success with Artificial Intelligence
Traders need a tool that does the heavy lifting for them. There are many ways to trade. Trend following, mean reversion, technical, analysis, fundamental analysis, etc. However, the problem always remains the same. Which way is the market headed?
Our global markets are interconnected and complex. How do traders analyze multiple markets influencing each other to the degree needed to accurately forecast market trends?
The answer: Use AI-based trading software.
Capabilities of Artificial Intelligence with VantagePoint
VantagePoint Trading Software utilizes AI to learn about markets through intermarket analysis, defines movement patterns in those markets and then predicts where that market is headed 1-3 days in advance with up to 87.4% accuracy. VantagePoint and its AI component maximize your chances of trading success. The software crunches massive amounts of data to achieve a highly probable outcome.
Let’s look at Wyndham Worldwide ($WYN). With the power of Artificial Intelligence and Intermarket Analysis, Vantagepoint forecasted an uptrend in mid-March. By the end of April, the stock had risen over 19%. Using VantagePoint to spot this early trend, traders were able to get in sooner and make a hefty profit with very little work.
Ultimately, the evolutionary maxim – adapt or perish – defines the reality in today’s trading world. Traders who are not using Artificial Intelligence software to their benefit when trading are not competitive.
Are you ready to learn how Artificial Intelligence can improve your trading strategy?
Sign up today to receive a FREE demonstration of VantagePoint. See how we use our Artificial Intelligence software to sift through massive quantities of financial data, uncover the hidden patterns of movement and use that information to accurately and consistently predict market trend changes in advance.