I was playing around on cash app and spent a few dollars on the stocks there. I got bored of it eventually, but it got me thinking that there has to bots for this already.

I want a bot that I can give a dollars worth of stock. If that dollar’s worth rises by two cents, I want it sell a cent, and put the other cent into a pool for the next dollars worth of stock.

This has to have been done before, I just never learned anything about it.

  • SidewaysHighways@lemmy.world
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    1 year ago

    I picked up a high frequency trading server for free off a friend of mine and that machine is a total beast of a computer. So apparently it may take a lot of horsepower to perform at that level

    • slazer2au@lemmy.world
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      1 year ago

      There is a lot of analytics that happen with HFT also I would say there hardware would prioritise low latency parts to shave nanoseconds off any trade.

      • surewhynotlem@lemmy.world
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        1 year ago

        FPGA, gigantic in memory caches, and ten gig fiber back channel connections to the exchange server in the next rack over.

        We are hopelessly outclassed.

        • slazer2au@lemmy.world
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          1 year ago

          Fun thing, in Australia in order to connect to the Australian Stock Exchange you must have a minimum of 160M of fibre cable. So being in the rack next to them is not an advantage.

          When they can make millions extra a year, spending 500K on a server is nothing.