The source is a blog post by Austin Starks, who claims to have developed a market-beating algorithmic trading strategy using OpenAI's new o1 model. Starks describes how he used his NexusTrade platform to create and backtest portfolios using both GPT-4 and the o1 model. The o1 model significantly outperformed GPT-4 in backtesting results, suggesting that it has a better understanding of trading strategy creation. Starks concludes by sharing his plans to deploy both portfolios live and monitor their performance in real-time. He believes this experiment could be a game-changer for algorithmic trading, highlighting the potential of AI to revolutionize finance.
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