Trader Discusses AI Account Activity and Market Adjustments

According to Odaily, trader Eugene Ng Ah Sio recently shared insights on X, acknowledging the challenges and failures encountered in the trading trenches. He emphasized the need for continuous adjustments based on new data due to the active nature of AI accounts. Ng stated, 'Admitting this, failure is failure. When hunting in the trenches, you inevitably get into some things that don't work. Given the activity of these AI accounts and the constant release of new data, people need to continuously adjust based on this data. I will be more cautious when discussing experimental things on X in the future.' As of the time of writing, GNON's market capitalization stands at $8.6 million, a decline of over 50% from its peak. Previously, Ng had expressed on X that he favors an unreplicable philosophy of enduring ideas that do not require active maintenance through continuous content generation. He noted that the emergence of large language models (LLMs) on platforms like Twitter means incumbents are susceptible to various attack vectors over time, including better LLMs playing different roles. Ng also mentioned that new religions and cults seem intuitively better suited as Schelling points for long-term markets. He concluded by referencing Bitcoin's origin story, highlighting its beginnings as a consensus point without communication.