Role of Artificial Intelligence in Trading: Ahmad Qutaishat, Sales Director, VT Markets
New Delhi (India), June 3: Imagine trying to navigate the bustling streets of your city blindfolded, relying solely on your intuition and snippets of advice from passersby. That’s how traders used to make decisions in the financial markets. According to Ahmad Qutaishat, Sales Director, VT Markets Previously, both traders and investors primarily depended on personal instincts and research [...]
New Delhi (India), June 3: Imagine trying to navigate the bustling streets of your city blindfolded, relying solely on your intuition and snippets of advice from passersby. That’s how traders used to make decisions in the financial markets.
According to Ahmad Qutaishat, Sales Director, VT Markets Previously, both traders and investors primarily depended on personal instincts and research analysts to guide their investment decisions. However, these methods had noticeable limitations and couldn’t afford to bring real-time data. But with the kick of digitalisation advancement and increased use of the internet, we are now embracing a new era of trading, which involves a combination of human expertise and artificial intelligence (AI) together, representing the optimal approach for navigating the complexities of the trading world.
Artificial intelligence enables traders to access data from multiple sources, including market trends and social media analysis, which are capable of simplifying the complex datasets, making the analysis of the market more manageable and understandable. With artificial intelligence, navigating even a small piece of information has become effortless, providing accurate insights and factual details. Thereby, influencing the traders’ decision to invest more mindfully.