Sat, Sep 6, 2025, 11:52 AM 3 min read
In November 2022, a little-known startup named OpenAI launched a novel platform, bringing artificial intelligence (AI) out of the lab and into our handheld devices. Dubbed ChatGPT, this platform explained itself as a generative AI chatbot — interactive and precise right from the get-go.
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ChatGPT can be used as a research assistant when it comes to breaking down complicated reports, news, jargon and more.
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Using the right input prompts can help you generate more actionable insights.
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Best used as a supplement, not a replacement for your personal analysis or professional counsel.
In the beginning, ChatGPT was all fun and games, until people started to rush to this new platform looking to simplify everyday tasks like getting just the right captions for Instagram and emails in formal language.
Once the public response to ChatGPT blew up internationally, OpenAI deployed back-to-back updates to the platform, taking it from merely a chatbot to a friend, a philosopher, a professional advisor, and up till even a psychic for their daily work and thoughts.
Like many professionals from across different sectors, the trader community grew instantly curious about this technology that seemed like the screen-locked genie with all sorts of answers.
A user on reddit said: "I have used it to generate technical indicators and optimize them for trading of a particular stock. However, after much optimization, it still does not perform material better than just manually selecting the technical indicators on my own." But since then, the chatbot has undergone some major updates which could have improved its overall efficiency."
In order to see if AI could expand profit margins, traders globally started tapping into ChatGPT to access market predictions and restructure their investment strategies accordingly.
PROMPT: What are some current macroeconomic factors influencing the Crypto market?
Nithin Kamath, Founder and CEO of Zerodha - India's largest discount stock brokerage firm - shared his take on X: "I keep asking K about what all this progress in AI means for our business. It feels to me like we're at the very beginning of a massive shift in how financial services will work."
if one believes that AI can help one execute trades with perfect precision, the reality is far from right. Despite the technology being pretty versatile in terms of its use cases, it is still not mature enough to be relied on to execute trades.
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