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u/riversandtrees12
23 hours ago
Retail ai agents DISCUSSION
Discussion: with new ai trading becoming mainstream, I’m talking autopilot interactive brokers new api agent, capitalise.ai composer etc.. these platforms are making a killing in work with a guy who pays 50$ on every deposit he makes then the system works itself. He started with a 1000$ trial run, 5% per deposit I find wild but he says he makes great returns. This guy doesn’t know a thing about investing he’s late 30s and just started adding to his 401 yet his brokerage is crushing the benchmark and he’s inflated. It’s great and people are doing it. So the cycle begins early adapters mainstream late adapters yada yada. I don’t think many of you Fidelity investors mess with these apps nor do or will I, but would you if you could beat the benchmark by 5% trusting ai? Robinhood made trading possible for many of us at Fidelity. Prior to Robinhood no fractional shares, and commission fees. Robinhood changed that industry wide and it killed banks as they were the slowest adapters. Fidelity, Schwab, Robinhood, these were early adaptors and now having a portfolio at a bank is for basically just private clients or tech slow adults. These ai trading agents are the next thing I’m curious about. I never went to Robinhood because they didn’t have clout it was wild to think no commissions wasn’t a scam when Fidelity started in late 2018 early 2019 I want to say I jumped ship and became a Fidelity member.
I’d love to hear from the mods what opinions you all have on the use of these abrading agents. Blackrock and other institutional investors have used these services for about a decade now. Retail is getting a taste and just copying portfolios has been working in this bull market what happens when a major institution picks up ai agents and retails making 5+% over the sp500 purely based on volume and momentum trades that ai sees? I can def see Robinhood and others selling customer orders to these ai agent companies to provide the data needed. You all provide us with Fidelity customer orders (which I enjoy thank you) I’m just saying the data exists and is readily available. For IB to be deploying this do you think we are back in the 2019 times? Will institutions late to adopt agents loose to companies like IB and Schwab who is playing with the idea?
To the community: what would it take for you to try an agent and let it manage your money? I mean anyone in the sp500 basically already does this without the context that a computer builds the funds based on market cap. So if the internet is the SP500 etf (ETFs where a major boon to retail traders) and AI is agents why stay in a 10% YOY 10 year average with the SP500 (IMO less in the next 10 years with Trump account dilution) when you can get 15% using ai agents?
I’m not an agent guy but I would try it if it was tied to a reputable firm that I know. I do want to have a discussion about this though and ask an investment group to weigh in on if it’s even a rational thought.
What do you think?