Are AI Trading Tools actually helping traders or just hype?
been trading on and off for a couple months, mostly messing with stocks and some futures on a small account. saw all these ai trading tools popping up everywhere, promising signals and edges and all that. figured why not test one out with paper money first.
set it up last monday, fed it my usual watchlist, let it spit out entries and exits. first couple days it nailed a few scalps on nq, made like 2 percent on the demo which felt great. but then thursday it chased a fakeout on gold, told me to long right into resistance and wiped half the gains. yesterday same thing, signal came late and i watched it reverse.
not sure if its helping or just adding noise to my own reads. the ai stuff feels slick but half the time im second guessing it anyway. anyone else tried ai trading tools lately do they actually improve your edge or just more hype?