Trading bot botus will buy and sell stock based on trumps
Stock market trading is becoming more and more automated. Mani Mahjouri is the head of investments at Tradeworx. One of the computer programmers there, Camilo Jimenez, he got to work. And we're going to do it with real money. That's easy for a human.
We will set ourselves up to make money if the stock price goes down. He made a call. We've got the plan down. One of the computer programmers there, Camilo Jimenez, he got to work. Can you say that with a little more confidence?
That's a really good case. That's all you need. So is Donald Trump just saying he ate an apple for lunch, or is he talking about Apple computers? You know, we're - we feel good about the strategy, you know. In our production algorithm, we won't trade the company Tiffany's because the computer can't tell when Trump is talking about his daughter and when he's talking about the actual company.
NPR transcripts are created on a rush deadline by Verb8tm, Inc. I just feel like, you know, it's not - we haven't scientifically proven anything. You want to guess what it was? He did what he usually does when he's making a bot - researching from his home office on a little wood desk in his bedroom, keeps it simple.
And I don't want to overstate the benefit of doing something like this. Just my laptop, coffee and notepad. The big puzzle is figuring out which company to buy or sell, and how to get a computer to tell the difference between Apple the company and the fruit.
Can you say that with a little more confidence? That's easy for a human. Our bot will read the tweets of President Donald Trump and then use that to trade stocks.