2 ms·
The excerpt is from this SSRN preprint, section III: https://papers.ssrn.com/sol3/Papers.cfm?abstract_id=2790606 https://papers.ssrn.com/sol3/Papers.cfm?abstrac
by tanderson92 7y ago
The excerpt is from this SSRN preprint, section III: https://papers.ssrn.com/sol3/Papers.cfm?abstract_id=2790606 https://papers.ssrn.com/sol3/Papers.cfm?abstract_id=2790606
The fund went up not down. That aside, I believe the point is that if a bot goes and does that, it is simply doing what a human told it to do; bots reflect the commands of their human masters in an environment (financial markets) created by and for human endeavors. Hiding behind "bots" is not a way to get insight into mechanics of how markets (mal)function, IMO.
- gpm 7y agoWell sure, but (under my thoery) the humans rationally decided to use automated sentiment analysis, knowing that there is a error rate, but finding that it is low enough that they can make money. This just happened to be one of those errors. And substitute negative sentiment for positive sentiment in my original post to match the direction of stock movement. Thanks for the direct link!