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Wednesday / July 8.
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Expert warns against using AI for forex trading

The growing adoption of artificial intelligence (AI) in forex and cryptocurrency trading is helping traders automate their investments and save time, but experts are warning that the technology should not be viewed as a guaranteed path to profits, particularly by inexperienced traders. Speaking in an interview with Zambian Business Times-ZBT, economist Naylor Kopakopa said AI-powered trading systems, commonly known as trading robots, are increasingly being used to execute trades automatically based on pre-set instructions from users.  He explained that these systems can continue trading even when the owner is away, making them a useful tool for experienced traders who understand...

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