AI Stock Trading Software "Passive Income Trap": Stocks Not Profitable, Instead Consistently Losing Money

Recently, reporters have seen many advertisements for quantitative training camps on social media platforms. However, the organizations behind these ads lure some middle-aged and elderly people to buy stock trading software through free courses, with strategies mainly based on AI quantitative automatic stock selection as a “selling point,” charging high service fees.

Liu Jun (pseudonym) told reporters that his father is over seventy years old and loves to trade stocks in his daily life. Under brainwashing-style promotions like “AI quantitative automatic stock selection trading, profit up to 1000%,” he purchased Hebei Yuanda’s software, paying more than 140,000 yuan in total. “But after using it for more than half a year, the stocks didn’t profit; instead, they kept losing money. Customer service said my father didn’t understand the rules.”

Through conversations with multiple investors, reporters learned that middle-aged and elderly groups are anxious about “savings devaluing” but also eager to increase their pension funds through financial management. However, they lack professional financial knowledge, and some elderly people’s children are not nearby. Some organizations exploit these psychological factors, claiming “AI quantification” and “big data stock selection,” using phrases like “guaranteed profit” or “super high returns” to target the pain points of elderly people protecting their retirement savings.

(Source: Blue Whale News, Times Weekly)