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Cool. How doable is it in creating a trading bot that trades based on politician’s portfolio and stock trades
by hckr_news 6y ago
Cool. How doable is it in creating a trading bot that trades based on politician’s portfolio and stock trades
- bingdig 6y agoWe're not planning on doing anything right now related to that. But long term when we have some more time it'd definitely be more doable using a service like Alpaca
- soared 6y agoIt would be interesting to hand pick one or two senators who seem to outperform anyone else and mirror their trades too.
- volkk 6y agoaren't their trades a lagging indicator anyhow? it just shows what they've already done so it doesn't seem like it would be helpful
- soared 6y agoMy idea was that somebody might make trades ahead of time with insider knowledge, so mirroring those still might get you in on it. I don’t know how delayed the data is, but knowing how slowly politics move it could work.
- volkk 6y agoright but that falls in line with the fact that you would have to know what theyre buying at the exact time theyre buying it. and this data is realized money when all trades had already been made and profited from. politics moving slowly has nothing to do with buying up shares via e-trade or fidelity and it happening instantly
- Stanleyc23 6y agowould need to consider the lag in time between them making the trade for themselves and the them disclosing it. I expect that would probably wipe out most of the alpha.