Another First: Trading Platform Lets You Invest Using Twitter Sentiment Analysis
Savvy investors: Would you ever consider using social media sentiment analysis to inform your next trade?
If so, you’re in luck. A new trading platform launched today and it claims social media sentiment can predict movement on the stock market.
The Wall Street Journal reports that “the platform, called DCM Dealer, will offer retail investors the ability to trade equities, foreign exchange and commodity contracts using a real-time sentiment tool based on data produced by Twitter, Facebook and other social media channels.
Paul
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