Trump's tweet at 5:13 pm crashed some oil stocks and ETFs down by 4% within a minute of posting because it's mostly bots making trades based on AI analysis of text Trump shits out.Just wondering has anyone of you built a successful trading bot that crawls web and various data of political figures to make decisions of what buy/sell ?
i thought about this then i remembered these people have specialized equipment and networks that will always beat you to the punch
How much of this is actual people getting heemed and how much is just algos cannibalizing each other?
>>62012051Big firms. You basically need to invest into a datacenter, and to buy expensive API licences to make something that can give you an edge based on algorithmic fundamental analysis.
>>62012051Show me the 1min chart...
>>62012051its hilarious to think about trump lazily writing some tweet on his phone while on the shitter and the instant he hits send these billion dollar infrastructure networks kicks into overdrive running data through thousands of servers and AI datacenters to analyze his typo ridden tweet in .02 microseconds. Like the pool is still full on the titanic webm.
>>62012051Or its. Just insider trading?
>>62012882a bit much volatility for it to be just insider trading
>>62012051Not even worth it. You aren't smart enough or rich enough to compete with big firms who rent out property near the exchange so they get better latency.
>>62012258>>62012051yea i made a prototype that scrapes 4chan and yahoo finance, just as proof of concept because both are dogshit then i looked at the API licenses for the good stuff and immediately realized i wasted my time. the time to do that was like 2012
