Apologies if this is a little less ”newsletter” and more about a stock trading system using AI to analyze big data. I know one person using Alex’s service that’s convinced Alex has made 100s of uncanny and accurate calls over the years, with a success rate my source agrees is almost always correct.
His service is very expensive – up to $39,000 (yes, THOUSAND dollars) ANNUALLY for individual traders. I’m thinking of subscribing to one of his less expensive AI services to test drive his system.
Alex has made consistent calls on the tops and bottoms of the likes of Amazon, Bitcoin, Tesla, Netflix, Facebook and many others and has dozens of testimonies supporting his success.
Clearly AI is coming fast. I understand even Blackstone eliminated most of their traders and uses an AI system now.CEO Schwarzman gave MIT something like $250m for AI research too.
Anyway, Alex seems to make money both long and short in stocks, with many testimonies claiming they made 1,000’s of percent on individual stocks in short periods of time – based on Alex’s trades. He’s not a ’day trader’ but more momentum. He will go long and then reverse a stock based on his methodology and seems able to forecast a top in price, followed by a bottom – and make trades each way.
So I’m doing some due diligence and wonder if anyone has a different story on Alex and Autonomous Trading.
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