Showing posts with the label Loss

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Burning Cash and Losing Billions! - The AI Gold Rush: A Fool's Gold?

So, you've heard about this new thing called artificial intelligence, right? It's supposed to be the next big thing, the digital equivalent of striking gold in the Klondike. People are throwing billions at it, like drunken sailors on shore leave. But here's the thing: most of them are losing their shirts. Burning Cash for AI: Is it a Fool's Game? Let's take OpenAI, for example. This bunch of tech wizards in San Francisco has created ChatGPT, a chatbot so smart it can write essays, solve math problems, and even crack jokes (though they're mostly groaners). It's like having your own personal AI assistant, except without the pesky human element. But here's the catch: OpenAI is burning through cash faster than a teenager on a shopping spree. They're losing billions, and they're not even close to turning a profit. It's like they're trying to build a castle in the sky with cardboard and glue. Now, you might be wondering, "How can a comp...

Understanding Your Performance and Minimizing Your Risks with AISHE-System

For traders, risk management is a crucial aspect of successful trading. Understanding the risk involved in trading is key to minimizing losses and maximizing profits. This is where risk reporting comes in. Risk reporting provides traders with metrics and data to help them analyze and understand their trading activity and make informed decisions. The AISHE-System is a risk reporting tool that provides traders with detailed metrics to help them monitor their trading activity and minimize their risks.   AISHE System (Daily Report) (toc) #title=(Table of Content) The AISHE-System provides several key metrics that traders can use to monitor their trading activity and make informed decisions. These metrics include Total Net Profit, Gross Profit, Gross Loss, Profit Factor, Expected Payoff, Absolute Drawdown, Maximal Drawdown, Relative Drawdown, Total Trades, Short Positions (won %), Long Positions (won %), Profit Trades (% of total), Loss Trades (% of total), Largest Profit Trade, La...