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.
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.
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.