Turn ChatGPT Into Your
Trading Accountability Buddy

How to Use AI to Stay Disciplined and Organised in Trading

Still waiting for the AI robot that can clean the house, wash the car, and take the bins out?

Yeah, me too…

But until that glorious day arrives, let’s work with what we do have—ChatGPT.

It might not buff your car to a mirror shine just yet, but it can be a time-saving trading assistant.

Here’s how…

YOUR AI TRADING ACCOUNTABILITY BUDDY

If there’s one way ChatGPT can really help, it’s by maintaining a consistent trading process and keeping your discipline on point.

The idea?

Create your very own Trading Accountability Buddy.

Here’s how it works:

Tell ChatGPT:
“I want you to act as my trading accountability buddy. Each morning, ask me these pre-market questions one by one and challenge my answers to ensure I’ve thought them through properly.”

Then paste in your pre-market checklist, like this:

Market Conditions

  • Have you checked the overnight news and global markets?
  • What’s the pre-market trend for the S&P 500, NASDAQ, or Dow?
  • Are there any major economic reports or events scheduled today?

Watchlist

  • Have you updated your watchlist for the day?
  • Are there any stocks gapping up or down significantly in pre-market?
  • What are the key levels (support/resistance) for your top 3 tickers?

Trading Plan

  • What setups are you looking for today (trend continuation, reversals, etc.)?
  • What are your planned entries, stop-losses, and targets for each trade?
  • Do you have alternative scenarios if the market doesn’t behave as expected?

Risk Management

  • What is your max risk per trade and for the day?
  • Have you double-checked your position sizing calculations?
  • Is there a plan to avoid overtrading if conditions aren’t favourable?

Mental Prep

  • How are you feeling today? (Stressed, focused, tired?)
  • Do you have a plan to stay disciplined and avoid impulsive trades?
  • Have you reviewed yesterday’s trades to learn from them?

Here’s what happens:

1️⃣ ChatGPT will ask you each question individually, waiting for your response.
2️⃣ It’ll challenge your answers to ensure you’ve considered them thoroughly.
3️⃣ Once done, it can summarise your answers and even highlight areas to improve.

For example, when asked about market conditions, ChatGPT might say:

And then it moves to the next question.

You get the idea…

BONUS TIP

You can go even further by asking ChatGPT to fetch data for you, like economic calendars or earnings reports, to streamline your prep.

TRY IT OUT

If you don’t already have a ChatGPT account, grab one at OpenAI and start experimenting. I use the paid version which is $20pm or something, but they do have a free version.

It’s not a magic bullet, but I think it’s an excellent tool to stay sharp, organised, and disciplined.