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Software algorithms already are a lot better than humans at technical analysis (http://en.wikipedia.org/wiki/Technical_analysis) by almost any measure.

There is still some way until they are there in fundamental analysis (http://en.wikipedia.org/wiki/Fundamental_analysis). I think there are some pretty good opportunities in automated fundamental analysis and trading, though. If I had the capital I'd build a trading bot which traded on the basis of automatic news analysis.




I would love to do that too. Here's a head start ("Machine-readable economic indicators from the lockups to your trading algorithm"): http://www.needtoknownews.com/




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