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Trump2cash – A stock trading bot powered by Trump tweets

github.com

21–30 of 163 posts

Re: Trump2cash – A stock trading bot powered by Trump tweets

#21
post #14

Brilliant. I've been thinking about something like this for a while. Why don't you take it to the next level? Provoke Trump on Twitter, associating yourself with a company. Then short that company's stock and wait until he lashes out against them. Profit!

It's weird because he probably doesn't read his mentions... except sometimes he RT's someone in his mentions? Is he looking?

He's not the only one handing his Twitter account I'm sure.

Re: Trump2cash – A stock trading bot powered by Trump tweets

#22
post #20

It would work better is you knew in advance what Trump is going to tweet, not possible of course unless you work for twitter or for Trump?!

That would likely be classed as "insider trading":

https://en.wikipedia.org/wiki/Insider_trading

Re: Trump2cash – A stock trading bot powered by Trump tweets

#24
I think Nordstrom stock went up after a negative tweet because it was seen as good publicity for the company. Trump didn't actually "threaten" to retaliate or anything, whereas for companies like Ford or GM he actually said he would impose a heavy "border tax" if they opened factories elsewhere.

Re: Trump2cash – A stock trading bot powered by Trump tweets

#25

I like this. I think something similar for Theresa May and the GBP:EUR exchange rate might be a good addition.

Won't work as well: the market now prices in the drop in GBP after she speaks, so as soon as there's even a hint she's going to say something substantive, the market drops like a stone, then recovers a bit if she doesn't say anything too awful.

Re: Trump2cash – A stock trading bot powered by Trump tweets

#26
post #14

Earlier quoted context omitted.

It's weird because he probably doesn't read his mentions... except sometimes he RT's someone in his mentions? Is he looking?

He's not the only one handing his Twitter account I'm sure.

Yes. Surely, he must have several other insane people helping him. I.e. that much insanity cannot physically be contained in a single human being.

Re: Trump2cash – A stock trading bot powered by Trump tweets

#27

Novel project, but not useful. Trump tweeted thanks to Intel on Feb 8th which was a super positive tweet. Since then $INTC is down about 2.6%.

I believe it is only logical to assume that the OP meant this as a fun project and not to earn money from.

Anyone knowing a little of the stock market knows that different factors play the game and not a factor. e.g. maybe if Trump wouldn't have tweeted Intel would have gone down >2.6%

Re: Trump2cash – A stock trading bot powered by Trump tweets

#28
post #22
post #20

It would work better is you knew in advance what Trump is going to tweet, not possible of course unless you work for twitter or for Trump?!

That would likely be classed as "insider trading": https://en.wikipedia.org/wiki/Insider_trading

For that you'd have to be an "insider" which obviously isn't the case here.

Re: Trump2cash – A stock trading bot powered by Trump tweets

#29
post #8

If many people use this bot, it will make Trump's comments actually effective, which is a pretty bad idea imho. What about a bot which would do just the opposite?

I think you have this backwards. If Trump tweets a negative sentiment, the bot buys from the company. If everyone did that, the price would go up - just the opposite of the current effect!
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