How I Used ChatGPT to Turn Real-Time News into a Trading Advantage
When it comes to trading, timing is crucial. Traditional news feeds often deliver headlines too late, causing traders to miss out on potential market movements. This was a challenge I faced when I decided to delve into trading and realized that I needed the very latest news to make informed decisions.
Finding a Better Solution
After realizing the limitations of traditional news subscriptions, I came across an article on Medium that showcased how ChatGPT could be used to analyze live news and make informed trading decisions. This concept intrigued me, and I was inspired to create my own real-time news feed powered by AI.
Implementing ChatGPT for Real-Time Insights
I developed a system that leverages ChatGPT to gather breaking news and generate impact scores for each story. These scores help me assess the potential market impact of a news piece, allowing me to stay ahead of market movements.
Personal Growth through Innovation
Creating this real-time news feed has not only been a technical challenge but also a journey of personal growth. By combining my conservative trading approach with innovative technology, I have learned to bridge the gap between traditional trading methods and the fast-paced world of trading.
The AI-powered newsletter I receive provides actionable insights for each news headline, empowering me to make data-driven trading decisions. This tool has not only enhanced my trading experience but has also made the transition into trading smoother and more efficient.
Future Plans and Scaling
Currently, my system runs on a free tier Google Cloud Platform environment and uses a free SMTP server for email delivery. Subscriptions are managed through Beehiiv, with plans to develop a dedicated app in the future. As the project grows, I intend to transition to a more robust infrastructure to accommodate scaling needs.
If you're interested in receiving real-time trading insights directly in your inbox, you can subscribe here.
