41 karma · joined March 31, 2013
If you're looking for an app that has solved the nested comments issue, check this out: https://shn.app.link/HN-ask2
Disclaimer: I made it, it's open source, and contributions are welcome! (Built in react native)
Based on some of the comments it seems such a system will be the underdog and will be the prey for the large HFT shops. And that's one of the risks of such an experiment. Once I put in real money into this (not too much, but just enough to not be consumed by the fee) there will be a hard point after which I'm ready to throw in the towel. I think of this more like an investment management software that has more knowledge than myself (various trading techniques, tax laws, etc.).
At the end of the day, I'm trying to answer the question: can you make money in the stock market with a low-touch (eventually no-touch) approach with the help of advanced software and analytics. Hopefully the answer is yes ;-)
This could some day become a business or a side project as a hobby but for now it will give you a load of credibility when you go for interviews and will also give you the confidence that you need.
Good Luck!
Well... as it turns out, people who know about this news will realize that there is an increased demand for Apple Stock (since Apple effectively entered the market to buy their own shares). These people will hold out to sell at a higher price. More buyers means greater value for the product -the stock in this case. Others will follow slowly causing the price to gradually rise, the stock rose ~4.6% after the news broke.
People who want to sell will take the money and sell (at the higher price), while others will hold on, and will be rewarded by a higher share price of their existing Apple shares. Thus, everyone wins!