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ChatGPT Crypto Trading Guide: My Personal Strategy & Tips

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chatgpt crypto trading

Hey crypto traders! I am Mukesh Prajapati and here ChatGPT Crypto Trading Guide: My Personal Strategy & Tips.

In today’s AI-driven world, artificial intelligence is becoming an essential tool across every industry – and trading is no exception. Today, I want to share my personal experience of how ChatGPT has completely transformed the way I trade. From technical analysis to mindset building, this AI assistant has helped me every step of the way.

Let me walk you through how I use it daily – and how you can too.

Step 1: My Morning Routine — Daily Technical Analysis with ChatGPT

Every morning, I start my trading session by sharing a screenshot of my favorite trading pair, SOL/USDT – with ChatGPT. Within seconds, it provides me with:

  • Accurate support and resistance levels
  • Well-defined stop-loss (SL) and target points
  • A general idea of the market trend for the day

This daily ritual gives me clarity and a solid plan to follow before I enter any trade. It’s like having my own private analyst – available 24/7.

chatgpt crypto trading

Step 2: Asking “Why?” – Understanding Market Moves

I don’t just rely on levels – I ask why the market is likely to go up or down.
For example:

“Why is the trend bullish today?”
“What makes you think the market might reverse?”

ChatGPT doesn’t just give predictions, it explains the reasons behind the trend, based on technical indicators like RSI, MACD, volume patterns, breakouts, and more.
This helps me understand market behavior better, and makes me a more confident and informed trader.

Step 3: Using More Indicators on TradingView for Free

If you use the free version of TradingView, you know there’s a limit, you can only use up to 3 indicators at once. But here’s where ChatGPT comes in clutch.

Whenever I need more indicators- say, RSI, MACD, EMA, and Supertrend – I ask ChatGPT:

“Can you combine these 4 indicators into one Pine Script?”

And guess what? It does exactly that, gives me a custom-coded indicator that merges all 4 into one. No need for a paid plan. I get all the insights I need, in one place.

Step 4: Creating Automated Strategies with Alerts

One of the best things I’ve done is build a fully automated strategy using ChatGPT.
Here’s what it includes:

  • Entry and exit rules based on technical indicators
  • Automatic stop-loss and target settings
  • Built-in alert system, so I don’t miss opportunities even if I’m not looking at the chart

All I do is explain my idea in plain English, and ChatGPT writes the Pine Script code for me. It saves time, avoids emotions, and keeps me consistent.

Step 5: Boosting My Trading Psychology and Confidence

Beyond charts and indicators, trading is a mental game.
And ChatGPT helps me stay strong psychologically. I often share my emotions with it:

“I’m afraid of taking another loss.”
“I think I’m overtrading.”
“I feel anxious after a losing streak.”

And every time, it gives me practical mindset tips, motivation, and mental clarity.
It’s like talking to a coach who listens without judgment and always replies with logic and support.

This has been a game-changer for my confidence and discipline.

Final Thoughts: AI Is More Than Just a Tool – It’s a Trading Companion

If you’re a trader – whether you’re just starting or already experienced, I highly recommend using AI tools like ChatGPT.

It’s helped me:

  • Stay consistent
  • Build better strategies
  • Trade with clarity
  • And most importantly, improve my mindset

I don’t trade alone anymore, I trade with ChatGPT by my side.

Try it out, and you might just find the edge you’ve been looking for.

Conclusion: A Personal Journey – Not Financial Advice

To sum it up, using ChatGPT in my crypto trading journey has been a game-changer, but this is my personal experience, not a recommendation.

Whether or not you choose to use AI tools like ChatGPT is completely up to you. I’m not a financial advisor, and this is not financial advice. I’m simply sharing how I personally use this tool to assist my trading workflow, analysis, and mindset.

If you’re curious, I’d strongly suggest trying it out in demo trading first. Understand how it works, test strategies without risking real money, and most importantly, if anything feels unclear or confusing, don’t hesitate to consult a trading expert.

Trade safe. Learn continuously. And always stay in control.

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