Social media: e.g. Twitter etc. with WLP?
Author: mikesblack
Creation Date: 12/24/2012 3:09 PM
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mikesblack

#1
Is there a method for using social media (other than Google Trends)with WLP for trading? Are there data sources available that you know of or can recommend for this purpose?
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Eugene

#2
That "method" would be just icing on the cake. Calling some API (e.g. Twitter's) is not rocket science. The real $64,000 question here is: what's your exact plan of using Twitter or other social media in WLP for trading.

The invisible part of the iceberg is having a know-how, laying out tech specs, financing the project. By quantifying their search volume into a rational, objective rank, Google Trends does this job for the trader.

Since the only Twitter-based hedge fund (Derwent Capital Markets) was shut down, stepping off the beaten track could have been far from being a bed of roses for them.
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mikesblack

#3
Thank you Eugene. Not entirely sure how I might work this out, and more than likely I think my time is better spent not going down this road for now. I am quite interested in Google Trends, but unfortunately the data come in weekly format, unless you know otherwise.
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Eugene

#4
Historically, Google Trends are ranked by Google on a weekly basis.
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mikesblack

#5
Thanks and enjoy a happy Christmas.
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Eugene

#6
Related thread (will we ever have a method to join forum threads?):

"StockTwits" API and integration into Wealth-Lab for analysis and backtesting