T3’sTrump and Dump automated trading platform is reacting to Donald Trump’s market moving tweets.
The bot – powered by a complex algorithm – helps short stocks ahead of the market. “Every time he tweets, the bot analyses the tweet to see if a publicly traded company is mentioned then the algorithm runs an instant sentiment analysis of the tweet and in less than 20 milliseconds it figures positive or negative, a negative tweet triggers the bot to short a stock,” T3 explained.
“Earlier this month his Toyota tweet immediately tanked the stock but the Trump and Dump bot was out ahead of the market – it shorted the second after his tweet and as the stock tanked we closed our short and made a profit – a huge profit. And the profit was donated to animal charity ASPCA.”
So every time the artificial intelligence platform profits from Donald Trump tweets, “we save a puppy” T3 said.
Iain is a creative writer, journalist and lecturer, and formerly an editor of two international business publications. Iain is now editor of Innovators Magazine, as well as the strategic content director for OnePoint5Media.
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