I know people who have made five figures in a week. Seriously.
Here’s the website to trade on this event: https://www.predictit.org/Market/3614/How-many-tweets-will-%40realDonaldTrump-post-from-noon-August-23-to-noon-August-30
There are patterns to his tweets. People run statistical models on them. They try to figure out when he’s more likely to go off on a tweet storm, or when he’s more likely to go silent for a day (hint: not often). It’s actually quite hilarious.
I’ve written web scrapers and custom scripts to notify me about his tweets even before their servers have enough time to fire off push notifications to the millions of users that follow him. I’ve done some pretty interesting things with programming in order to act on outcomes of events faster than humanly possible.
The website is filled with considerably strange markets for relatively mundane political events. I’ve seen people create fake websites that look like legitimate news sources, post the link in the comments, and then profit off the market swings when people panic trade. Elementary, sure, but we’re talking thousands of dollars.
The markets on this website are interesting because people are betting in real-time on real-life events. You’re not battling seasoned wall-streeters. If you can act on something first or near-first, there’s often orders open that you can jump on before the masses.
I often bet that Trump will tweet more than average.
It’s a win-win.
If he tweets more - I cringe, but I profit.
If he tweets less - I happen to be okay with that.
The world is a pretty funky place to turn a profit.
ok then will try it!
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