Confessions Of A Market Maker Episode #109: Brian Schardt of ChatGPT Portfolio- Exploring the Potential of AI Trading
8 snips
Jun 14, 2023 AI Snips
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Origin Story Of Autopilot
- Brian built Autopilot after users loved the copy-trade feature from his earlier app Iris.
- He rebranded and rebuilt a focused product that lets users automatically copy trades from chosen investors.
Feeding GPT Multimodal Market Data
- Brian feeds GPT financial time series, statements, and headlines to let it analyze stocks at scale.
- The model synthesizes technicals, fundamentals, and news to generate ranked predictions for thousands of tickers.
Headline Signals Can Be Inverted
- GPT can detect patterns where headlines are used to manipulate sentiment and may treat some positive headlines as inverse signals.
- The model can learn which headline types historically correlated with mean reversion or momentum.