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In the market for moreAuthor: IG Group
Welcome to the world of IG - the UK's No1 trading platform as we take you behind the curtain of trading, investing and much more. From Investing with Beauchamp and Bright to Pre-Market Pulse, we offer insight into what people are trading, why theyre doing it and how to make more of the moments that matter. Any opinions, news, research, analysis, prices or other information contained does not constitute investment advice. Losses can exceed deposits, 71% of retail clients lose money. Language: en Genres: Business, Business News, Investing, News Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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AI: Everyone Talks About It, But How Can I Use It? | Talking Shop podcast
Thursday, 5 June, 2025
In this episode, hosts Luke and Ronni explore how traders can leverage free AI tools like Claude and Perplexity to gain institutional-grade capabilities without the hefty price tag. They demonstrate how Perplexity excels at market data and research, while Claude specialises in reasoning and portfolio analysis.We share practical examples of creating watchlists, optimising portfolios, and managing risk using these platforms. They highlight Deloitte research showing AI-powered risk assessment has reduced portfolio drawdowns by 15% for professional funds.This practical guide offers actionable insights for both beginners and experienced investors on using AI as your personal trading coach and analyst through accessible, free platforms that can replace expensive Bloomberg terminals for most retail trading needs.So, would you use AI?Key Timestamps:00:00:34 - Introduction: The Rise of AI in Trading 02:00:13 - Cost-Effective Alternatives to Premium Trading Terminals 04:45:23 - Understanding the Two Key AI Tools: Perplexity vs Claude 08:17:13 - AI as Your Personal Trading Coach 14:09:04 - Using AI Projects for Streamlined Trading Research 17:27:04 - Crafting Effective Prompts: From Vague to Specific 20:25:24 - How Professional Funds Use AI: Performance Metrics26:27:13 - Real-Time Demonstrations: Analyzing Stocks with AI33:10:08 - Practical Benefits: Time-Saving and Decision-Making 40:40:19 - Getting Started and Conclusion Runtime: 46 minutesRemember to like and subscribe!Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. Professional clients trading spread bets and CFDs can lose more than they deposit.Options and futures are complex instruments which come with a high risk of losing money rapidly due to leverage. They’re not suitable for most investors. Before you invest, you should consider whether you understand how options and futures work, the risks of trading these instruments and whether you can afford to lose more than your original investment.Your capital may be at risk.
