How Reliable Is a ChatGPT Trading Strategy?

Trading is a dynamic and complex activity that requires skill, knowledge and experience. With the rise of the internet and sophisticated technology, trading has become extremely competitive. Many traders rely on algorithmic trading and AI trading bots to improve performance and gain an edge. These systems use mathematical rules, data analysis and machine learning to generate and execute trading signals. They help traders reduce errors, save time, optimize profits and diversify portfolios. 

Unique selling points of AI trading include faster and more accurate data processing, quick adaptation to market changes and the ability to learn from mistakes. However, not all AI trading systems are equally reliable and profitable. One of the newest and most innovative AI systems is ChatGPT, a natural language processing (NLP) model that generates trading strategies based on conversation prompts. But how trustworthy is a ChatGPT trading strategy?