Money making scheme 2-Program that reads the Stock Market

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I have some doubts about how well this could work, but this has been one of my most inspired ideas yet.


The idea is that I write a program that would collect data on the Stock Market, and trade without my direct interaction. I could be throwing rocks through windows of companies I don't like (most of them, not that I'd actually do that) while the program was running and earning (bail) money for me. That there are programs like that implies that it could work.

The idea came to me when I got to thinking that the market is not completely random. No, it's pretty much impossible to predict what will happen. But you can take some pretty good educated guesses. And you don't need to know exactly what will happen, just make more money then one loses.

There are patterns there.

I also found out that there's something known as short selling which is amongst the best example of how bizare capitalism is. You make money by first selling stock you don't have, when it goes down (it better go down) you buy back that stock you didn't have. (Fun Fact! The Short Sellers saw there was something odd about Enron long before everyone else)


There's enough potential here that it's worth working on.

I have also been thinking about that.
I was thinking about getting the tangent out of the stock's recent movement, and buy slowly as it climbs and sell fast as it drops or something like that.
The problem I found is getting the data. You need to be very privileged to get real-time data from and direct access to buy and sell on the stock market.
Besides I guess they have thought of this as well, and made preventions.

But perhaps something that can analyze a load of previous data and come up with a probability pattern?

I came up with something that disects the Toronto Stock Exchange Webpage. I didn't finish that part off, but it probably wouldn't be too hard to complete.

Figure I could load it into a file or a database for later viewing.


It also seems like you can only do transactions every 15 minutes. Really I need to find more information about this.