Introduction

Yarn Trading is an AI-based platform aimed at making better decisions in trading. It assists the user with personalized questions to provide information on the type of trade and which market would be more suitable for the particular user to go through. The availability of those questions can only be accessed under its subscription plan. Yarn trading allows users to compare their results with others. This way, it builds a community of well-informed traders who are able and empowered to learn from others’ experiences.

Client brief

The client came to Instant Solutions Lab with the critical challenge of handling complex trading decisions in the modern-day market.

The client envisioned Yarn Trading to be the first AI tool designed to accelerate any trader’s decision process. It is powered by advanced AI technology that has a dynamic interface for asking and answering targeted questions.

Target audience

Yarn Trading has targeted the individual and organizations trading financially, involved in market analysis, and investment planning. Typical audiences would be traders who desire to be competitive amidst changing market conditions, investors who try to eye fine-tuning strategies, and financial analysts seeking meaningful tools.

Challenges

Few challenges were faced in the development of the yarn trading platform. first of all, The integration of AI, was quite a challenge since it requires seamless communication between AI tools and the trading platform. Another challenge was generating reports by AI preferences since it requires so many adjustments and fine-tuning. These were some of the issues that made it hard to provide accurate and useful trading guidance to users.

Solutions

In the development of the Yarn Trading AI tool, we initially faced trouble getting accurate results from different sources. We opted for the integration of ChatGPT APIs to handle this. This integration allowed us to streamline the process. Now, a user can get clear recommendations related to the type of trading that has to be done or what type of market needs to be targeted.

Technologies

React js & Node js / Crashlytics / Buy Tracking

Industry

Finance

Country

United States