High School Student’s ChatGPT Trading Bot Outperforms Russell 2000
A high school student from rural Oklahoma, Nathan Smith, has developed a ChatGPT-powered trading bot that has achieved a 23.8% return in just four weeks, significantly outperforming the Russell 2000 and biotech ETF XBI, which gained only 3.9% and 3.5%, respectively.
Smith's experiment, which began with a $100 portfolio of micro-cap stocks, is fully documented and open-source, setting it apart from viral but unverified AI trading claims. The bot selects stocks based on ChatGPT's analysis, focusing on U.S.-listed micro-caps with full-share positions.
Wall Street's algorithms may need to watch their backs. Smith's journey from a YouTube-inspired idea to a finance prodigy is just beginning, showcasing the potential of AI in democratizing market access.
