3 ms·
But there is much more money to be made in reacting to the news at millisecond speed, and therefore without any critical analysis whatsoever. Many of the orders
by fchollet 13y ago
But there is much more money to be made in reacting to the news at millisecond speed, and therefore without any critical analysis whatsoever. Many of the orders that caused the drops were probably placed by machines.
Real-time semantic analysis-triggered trading seems to be what the kids are up to these days...
- xefer 13y agoThat's sort of my (somewhat cynical) point: if everyone else is reacting ridiculously to fake news, moving against them would pay off I suppose. I wonder who lost money dumping shares?
- theorique 13y agoYes, it's not what is "true", it is what other people collectively believe to be "true" that moves the market. As a great man once said, the markets can stay irrational longer than you can stay liquid. Therefore, there is money in predicting the irrational responses of others.