What is a stock trading bot called, and is there a way I can make/get my own? - eviltoast

I was playing around on cash app and spent a few dollars on the stocks there. I got bored of it eventually, but it got me thinking that there has to bots for this already.

I want a bot that I can give a dollars worth of stock. If that dollar’s worth rises by two cents, I want it sell a cent, and put the other cent into a pool for the next dollars worth of stock.

This has to have been done before, I just never learned anything about it.

  • brygphilomena@lemmy.world
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    1 year ago

    And not just one exchange. They do this at multiple exchanges and then build infrastructure between them to have ridiculously low latency to trade on the stock price difference between exchanges.