# ChatGPT is changing the way trading is done, have you kept up?

Wall Street tycoons have already started using AI. Top institutions like Citadel, Morgan Stanley, and Bridgewater are investing in AI to gain a market advantage. However, retail investors can also benefit from this wave of technological dividends.

**3 Practical Ways ChatGPT Can Be Used in Trading:**

**1. One-click Generate Trading Indicators**
Just tell ChatGPT what you want—like "write an indicator that turns green when the trading volume exceeds twice the 50-day moving average"—and it can generate the code in seconds, ready to be copied and pasted into TradingView. What used to take hours of programming work is now done in seconds.

**2. Automatically Analyze Your Trading Account**
No need for manual calculations; just throw the trading data to AI. It can immediately provide you with core metrics such as win rate, loss rate, and average return. Most retail investors spend all day obsessing over stock selection, but they should actually spend more time examining their trading system.

**3. Rapidly Learn Complex Knowledge**
Want to understand options strategies but don't have time to read books? Ask Gemini or ChatGPT one question, and all the financial knowledge in the world is at your fingertips.

**A reminder:** Don't be fooled by those robo-advisors that claim to be "AI". Most robo-advisors have high fees and are not better than buying index funds.

The bottom line is: the AI revolution is already here. Those who can use tools will make money, while those who cannot will be eliminated.