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There are many strategies that are difficult to encode into an algorithm. When I briefly did day trading independently, my most profitable strategies played on

There are many strategies that are difficult to encode into an algorithm. When I briefly did day trading independently, my most profitable strategies played on public perception and (over)reactions to news. Those things are very, very difficult to properly automate (though many companies try, with varying degrees of success).

semi-extrinsic 10y ago
> Those things are very, very difficult to properly automate (though many companies try, with varying degrees of success). Case in point is the fluctuations in Warren Buffett's fund whenever Anne Hathaway is in the news. http://ftalphaville.ft.com//2011/03/28/528481/for-the-bots-anne-hathaway-is-not-warren-buffett/ http://ftalphaville.ft.com//2011/03/28/528481/for-the-bots-a...