I Asked ChatGPT to Manage a Stock Portfolio. Here’s How It Did.

ChatGPT did warn me, but when I pressed it went down a rabbit hole of how to trade them. After some back and forth, it suggested monitoring the path of bond yields and stocks after an upcoming jobs report to decide whether I would buy the dip or “fade the move” around the report. I’ve written enough about these—and interviewed enough traders—to know I was likely to lose money. At times, it felt like ChatGPT responded with what I wanted to hear, which would be risky if I were putting real money to work. Alejandro Lopez-Lira, an assistant professor at the University of Florida who has studied ChatGPT’s ability to forecast share prices, echoed the sentiment. “The models can just be very sycophantic,”

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