One way of saving your job in trading from A.I. is to trade voice watch out for telepathy. Money brokers offer a five-point spread compared to a ten-point spread with interbank trading FX but in the old days they could take advantage of seeing the FX flows and most of the market and match trades with a wider spread. Dark Pools replaced a lot of off-market trades. And I have been on trading floors where traders still use the old hand messages to give each other information while matching trades not possible electronic which is really controlled by software and back doors.

I have for many years, been on lots of trading floors and been in many departments of financial houses and Banks. They went a little crazy when they started copying Internet start-ups with casual clothes, but most went back to smart suits and shirts and ties. Wearing expensive suits, you might get somebody ask you where you got it but I got more job offers in Church’s Shoes a well-chosen M&S suit, navy blue or grey, white shirt and a well-chosen plain tie and a decent watch than designer or tailor-made clothes. But A.I. will replace those careers and will hit the fashion industry just as well as sandwich shops, restaurants, coffee bars, dry cleaning shops, barbers and hairdressers, etc

All information technology companies will be used for as AI progresses is data feeds from the person who explained electronic trading to an executive of LIFFE and told Merryl Lynch what an amazing opportunity it was to invest in Bloomberg when they were a tiny company above the Bank of Cylon and explained building the company in niches and coming up with Bloomberg TV and Radio and Publishing at a later date. To be fired for arguing with traders and brokers that if they had not seen Bloomberg, they should and Cussing.

It is not just wealthy technology companies and Financial organisations that are investing in AI but serious criminals who are altering bank statements on apps, online and on paper and stealing money from trading accounts and bank accounts. Some trading accounts just completely disappear

It is obvious to any courtroom that some organisations and individuals are passing on a trading loss without the person’s consent.

THANKS TO MY HACKER!

WARNING: TRADING CAN SERIOUSLY DAMAGE YOUR WEALTH: ALWAYS READ THE TERMS AND CONDITIONS OF YOUR BROKER