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Show HN: TrendFi – I built AI trading signals that self-optimize

trend.fi

51–56 of 56 posts

Re: Show HN: TrendFi – I built AI trading signals that self-optimize

#51
post #8

I'm very skeptical of systems that claim to help with trading signals. Primarily because if you had a system, then you would use it yourself. Trading is pretty much a zero sum game especially when it comes to signals. If you had a profitable signal and you publicized it, it would disappear almost immediately. If your performance is correct and you're getting 200% per year, why sell the sauce for $20 a month? I would…

Of course it’s a scam. The product they’re selling is hope, not actual trading intelligence.

Re: Show HN: TrendFi – I built AI trading signals that self-optimize

#52
post #8

I'm very skeptical of systems that claim to help with trading signals. Primarily because if you had a system, then you would use it yourself. Trading is pretty much a zero sum game especially when it comes to signals. If you had a profitable signal and you publicized it, it would disappear almost immediately. If your performance is correct and you're getting 200% per year, why sell the sauce for $20 a month? I would…

Of course it’s a scam. The product they’re selling is hope, not actual trading intelligence.

Care sharing how you came to that conclusion? We've been completely transparent about everything we've built since the start. And our trades are transparent as well.

Re: Show HN: TrendFi – I built AI trading signals that self-optimize

#53

Earlier quoted context omitted.

> They've been around since 2008 and appear to have beaten SPX yearly since then =====> Where did you learn that? ====> How do you know it is true? I appreciate that you built a cool thing, and appreciate even more that you're sharing it (even if you're selling too, I respect hustle). That said, struggling with the concept of hypothesis/claims testing isn't a reassuring look for someone selling an investment product.

Thanks! My claim is that The Technical Trades (TTT) was the only service that worked for me. I stand by that. And I have no affiliation with TTT. Beyond that, please contact Chris if you want more detailed proof of their track record.

[deleted]

Re: Show HN: TrendFi – I built AI trading signals that self-optimize

#54

Earlier quoted context omitted.

> They've been around since 2008 and appear to have beaten SPX yearly since then =====> Where did you learn that? ====> How do you know it is true? I appreciate that you built a cool thing, and appreciate even more that you're sharing it (even if you're selling too, I respect hustle). That said, struggling with the concept of hypothesis/claims testing isn't a reassuring look for someone selling an investment product.

Thanks! My claim is that The Technical Trades (TTT) was the only service that worked for me. I stand by that. And I have no affiliation with TTT. Beyond that, please contact Chris if you want more detailed proof of their track record.

You're selling an investment strategy, and the below two questions speak to how how you evaluate investment strategies.

> [TTT] appear to have beaten SPX yearly since [2008]

Where/how did you learn that they "appear to have beaten SPX yearly since 2008"?

How did you evaluate the truthfulness of that claim?

0 - https://news.ycombinator.com/item?id=44322687

Re: Show HN: TrendFi – I built AI trading signals that self-optimize

#55

Earlier quoted context omitted.

Of course it’s a scam. The product they’re selling is hope, not actual trading intelligence.

Care sharing how you came to that conclusion? We've been completely transparent about everything we've built since the start. And our trades are transparent as well.

This is simple economics. As someone else stated, if this worked at all, you would have poured all of your resources into investing your own money or starting a fund to manage others' money. If you could beat the market by just 5%, you would be a billionaire within a very short amount of time as everyone would bring you their money. Instead, you decided to build a website and sell it to others for $20 per month. Surely as someone so knowledgeable in markets, you realize that selling something so valuable for so little would not happen.

I stand by my statement - your product is false hope and is a scam, as all of these systems are. Some sucker who doesn't understand that the best move is to just buy the broad market an hold reads your marketing, buys it, and pays you. What you've sold him is certainly not the ability to make more money. You and I know he won't do that unless by pure luck. What you've sold him is a sense of hope that he will make money, and the ones who often fall for this do so because they've gotten themselves into financial problems with trading and want to believe that this is the system that will fix it all for them. That hope is a very addictive drug that will last as long as he can hold on to the lie.

If you're ok with that being your business model, that's your right. It isn't illegal. In my opinion, however, our society is completely overloaded with people who take advantage of others while adding zero value.

Re: Show HN: TrendFi – I built AI trading signals that self-optimize

#56
post #23

Earlier quoted context omitted.

The more highly liquid an asset, the more efficient it is and the fewer trading opportunities after accounting for transaction costs. In something like the S&P 500, everything is already priced in. Meme stocks and shitcoins being manipulated by whales are not efficient and also not as liquid. The larger point remains that none of the above considerations are discussed on this product's page.

I'm realizing there's a lot of confusion about what trend based models actually are. I was under the assumption the concept was more widely understood, but I'm realizing we need to explain it better. To be clear, there's nothing new or innovative about a trend based model. It's one of the most commonly used investment strategies by intuitions, etc. It's been widely utilized for far longer than I've been alive.

There's no confusion about the type of edge. Just pointing out that if you are selling an edge rather than trading it yourself, you're either grifting or naive.
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