★ 20 Ways to Generate Stock Investment Profits with AI - 19. Brainstorming Strategies with AI Chatbots

 

19. Brainstorming Strategies with AI Chatbots

Introduction
Before coding, use AI chatbots for rapid idea generation and refinement—accelerating your strategy pipeline.

Prompting Techniques

• Domain-Specific: “Generate a momentum strategy for small-cap biotech stocks.”

• Hybrid Concepts: “Combine a mean-reversion overlay with a carry-trade framework.”

• Event-Driven: “Suggest trades around Fed rate announcements.”

Workflow

1. Idea Session: Use GPT-4 with finance plugins to list 10–15 strategy ideas.

2. Feasibility Filtering: Evaluate each for data availability, turnover requirements, and risk.

3. Prototyping: Quickly code the top two ideas in Python and run a preliminary backtest.

4. Iterative Refinement: Feed back results to the chatbot: “How can I reduce drawdown in this QQQ mean-reversion strategy?”

Benefit
What used to take days of brainstorming can now be achieved in minutes, with continuous AI-driven iteration.

Conclusion
AI chatbots supercharge your ideation process—letting you explore broader strategy spaces and converge on high-potential concepts faster.