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Trump2cash – A stock trading bot powered by Trump tweets

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131–140 of 163 posts

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

#131
post #109
post #26

Earlier quoted context omitted.

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.

Load-balanced insanity. Truly, we are living in the future.

Hmm, Insanity as a Service might actually be lucrative.

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

#132

>This bot watches Donald Trump's tweets and waits for him to mention any publicly traded companies. Ok, simple enough, go on. > When he does, it uses sentiment analysis to determine whether his opinions are positive or negative toward those companies. Eh, sentiment analysis isn't perfect but it has come a long way, plus Trump does typically say what he means in simplistic language. > The bot then automatically execut…

Especially because the effect of Trump's tweets has rapidly shifted. His Boeing tweet hurt their stock price considerably. But just a few weeks later, his Nordstrom tweet helped quite a bit.

I guess you could weigh it against his favorability polling, but you're right, this is all just guesswork masquerading as science.

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

#133
post #82

Earlier quoted context omitted.

It's perfectly workable. The bot just needs to weigh its trades properly and provided the sentiment signal has any alpha, it can be combined with other analysis to run a profitable strategy. I've seen this working and working very well (day job), although not specifically with Trump tweets.

If it works, the last thing you want to do is post it on HN, because it'll stop working once everyone starts using it. Everybody else running the bot will bid up the prices of affected stocks before you can get to it, and so by the time your bot gets around to executing its trade, you'll be buying at inflated prices and lose money as everyone else takes their profits.

Not necessarily. If you can get a bunch of unsophisticated traders on relatively high-latency connections (AKA the readers here) to execute a known strategy, you can actually make a lot of money by simply frontrunning them. :)

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

#134

>This bot watches Donald Trump's tweets and waits for him to mention any publicly traded companies. Ok, simple enough, go on. > When he does, it uses sentiment analysis to determine whether his opinions are positive or negative toward those companies. Eh, sentiment analysis isn't perfect but it has come a long way, plus Trump does typically say what he means in simplistic language. > The bot then automatically execut…

It's possible to profit from increased volatility without knowing the direction of the move.

http://www.investopedia.com/articles/active-trading/040515/h...

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

#135

another version could be to capitialize on this: "The efficient markets hypothesis may be "the best established fact in all of social sciences," but the best established fact in all of financial markets is that, when there is news about a big famous private company going public or being acquired, the shares of a tiny obscure public company with a similar name will shoot up. I don't know what that tells you about the…

The example that is cited in my family is the Seaboard Air Line company, whose stock experienced a short surge in popularity in the late 1920s after Lindbergh's transatlantic flight. The only problem was that the company was a railroad, first founded in the early 1800s. The "air line" part of its name was a reference to direct route from point A to point B, 'as the crow flies'.

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

#136

another version could be to capitialize on this: "The efficient markets hypothesis may be "the best established fact in all of social sciences," but the best established fact in all of financial markets is that, when there is news about a big famous private company going public or being acquired, the shares of a tiny obscure public company with a similar name will shoot up. I don't know what that tells you about the…

[deleted]

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

#137
post #51

>Girls Who Code Sexism is good as long as victims are men.

Please not this again... This trope is like a full Bingo card of guideline violations but with an impressive lack of information. Please don't usher us into generic flamewar territory—we're here to have civil, thoughtful discussions.

We detached this subthread from https://news.ycombinator.com/item?id=13614827 and marked it off-topic.

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

#138

>This bot watches Donald Trump's tweets and waits for him to mention any publicly traded companies. Ok, simple enough, go on. > When he does, it uses sentiment analysis to determine whether his opinions are positive or negative toward those companies. Eh, sentiment analysis isn't perfect but it has come a long way, plus Trump does typically say what he means in simplistic language. > The bot then automatically execut…

Especially because the effect of Trump's tweets has rapidly shifted. His Boeing tweet hurt their stock price considerably. But just a few weeks later, his Nordstrom tweet helped quite a bit. I guess you could weigh it against his favorability polling, but you're right, this is all just guesswork masquerading as science.

Those are two very different companies, though. It's not like the average consumer can make any sort of buying decision that will affect an aerospace company, but they can certainly patronize or boycott a department store. Plus Boeing likely does a lot of business with the federal government which Trump is now head of, while retail outlets are highly unlikely to be directly affected by anything a President does.

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

#139
post #118

Earlier quoted context omitted.

> but it boils down to: do you think these events are a bad thing? And I guess what I failed to express that it doesn't have to be a binary 'good' or 'bad'. I personally don't judge inclusivity or exclusivity as either good or bad, nor do I see why anyone should, beyond determining what it means to them. If Boy Scouts of America want to exclude certain demographics, fine -- it's their club after all, but I don't want…

That's totally fair. Thanks for explaining. I'm on the opposite side of that, but I can see where you're coming from. I could see my daughter or some other young girl benefitting from this type of instruction so I wouldn't hesitate to volunteer with them again. I also see no shortage of opportunities for my son to learn about coding, so I don't think it's a detriment to him. I'd much rather send them to the same plac…

Why are you going to tell your hypothetical daughter that it's fine for her to have gender-segregated events and tell your son that it's a bad thing for him to do so? (Because presumably you don't support men (or whites, etc) only clubs...)

And how do you do it without saying to your daughter that it's because she's weaker than your son and needs help? How do you explain to your son that he's so privileged that he needs handicaps to avoid hurting others? (Especially if he's not actually some alpha-male stereotype who embodies that.)

I see so much potential for accidentally hurting people with this path that I'd rather jump through a bunch of hurdles to make all events inclusive rather than reverse the original discrimination.

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

#140
post #90
post #83

Earlier quoted context omitted.

Who is the "insider" in this context then? Here's a hypothetical scenario: My buddy Sean from the white house texted me a few days ago that "Trump is going to make negative comments about Nordstrom soon", I shorted Nordstrom stock based on this information and made huge profits when Trump said the things Sean promised he would. Do you think someone would be guilty of insider trading here? Nobody involved is connected…

Yes, you are guilty by trading using non public information about a material event.

It's not non-public information, it's non-public insider information, upon which you cannot legally trade.

"illegal insider trading requires that you not only trade on the basis of important nonpublic information but that you also have some sort of duty to keep the information confidential." - Kiplinger

If you overhear insiders talking, you can trade on it. (Unless you're in a position where they have reason to expect that you cannot, such as if you're an employee, etc.)

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