Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

investingphil

New Investment Tool Idea

Recommended Posts

Hi,

 

I am a programmer by trade, but have been doing some unfocused trading, myself over the last few months. With what I have read during, y self-educating research, a trader who ecpecta to be successful, whatever that means to him/her, must have a system and must stick to their system.

 

I have been trying to identify a system tha t will capture insider trades from sec website, then allow me to add additional indicators and then screen those stock a that have insider trades to ultimately produce a watch list for potential investments and then notify me immediately by text/email when a stock reaches a certain threshold so i can then make a buy decision.

 

I have not been able to identify a system like this and, so, am hoping someone hear knows of one. If not, I may endeavor to write my own.

 

Ideally it would test the indicators the moment it sees the insider trade on the sec website and then if its a "good find", immediately send me an email and txt message alert. Hey, if it can enter my trade for me, that would be even better.

 

Does anyone here know of such a system and, if so please share the info? If not, is anyone here willing to help me design such a system? I can build it, no question, but I don want to reinvent the wheel.

 

Thanks for your input.

 

Dave Phillips

 

 

Sent from my Xoom using Tapatalk

Share this post


Link to post
Share on other sites

I could really use some feedback on this. I'd like to hear what others think would be good indicators to use, along with the insider buy, to determine if its a serious stock to look at. Please let me know if i posted in wrong forum.

 

Sent from my Xoom using Tapatalk

Share this post


Link to post
Share on other sites
I could really use some feedback on this. I'd like to hear what others think would be good indicators to use, along with the insider buy, to determine if its a serious stock to look at. Please let me know if i posted in wrong forum.

Sent from my Xoom using Tapatalk

 

There are some web services that will gather this data for you and send you the info.

http://www.insider-monitor.com/

http://www.insider-transactions.com/web/Home.asp

 

As far as trading on this information, I am sure this is part of hedge fund\trading firm's strategies ...

 

As far as indicators, things I would look at are:

- there is a strong inverse relationship between the size of the firm and the usefulness of insider activity. Smaller companies provide more market outperforming information given they are less efficiently priced

- how close to an earnings call (before, after?)

- if these transactions are part of a a pre-defined schedule

- insiders have a better understanding of the economics of their business and top executives (CEO, CFO) have the most accurate record

- large shareholders provide the least predictive value but shouldn’t be ignored in my opinion

- purchases contain more information than sales but multiple insider sales with a high short position can reveal potential company negatives

- consensus activity increases the predictive information of the trades

- the size of the transaction is proportionally important

- analyze open market transactions and ignore private transactions

- it seems logical Insider activity within certain industries such as biotechnology may provide more directional information but again just speculation. the thesis is management understands the science and future possibilities of new drug breakthroughs or ability to pass future FDA hurdles

 

MMS

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Why not to simply connect you account to myfxbook which will collect all this data automatically for you? The process you described looks tedious and a bit obsolete but may work for you though.
    • The big breakthrough with AI right now is “natural language computing.”   Meaning, you can speak in natural language to a computer and it can go through huge data sets, make sense out of them, and speak back to you in natural language.   That alone is a huge breakthrough.   The next leg? AI agents. Where they don’t just speak back to you.   They take action. Here’s the definition I like best: an AI agent is an autonomous system that uses tools, memory, and context to accomplish goals that require multiple steps.   Everything from simple tasks (analyzing web traffic) to more complex goals (building executive briefings or optimizing websites).   They can:   > Reason across multiple steps.   >Use tools like a real assistant (Excel spreadsheets, budgeting apps, search engines, etc.)   > Remember things.   And AI agents are not islands. They talk to other agents.   They can collaborate. Specialized agents that excel at narrow tasks can communicate and amplify one another’s strengths—whether it’s reasoning, data processing, or real-time monitoring.   What it Looks Like You wake up one morning, drink your coffee, and tell your AI agent, “I need to save $500 a month.”   It gets to work.   First, it finds all your recurring subscriptions. Turns out you’re paying $8.99 for a streaming service you forgot you had.   It cancels it. Then it calls your internet provider, negotiates a lower bill, and saves you another $40. Finally, it finds you car insurance that’s $200 cheaper per year.   What used to take you hours—digging through statements, talking to customer service reps on hold for an hour, comparing plans—is done while you’re scrolling Twitter.   Another example: one agent tracks your home maintenance needs and gets information from a local weather-monitoring agent. Result: "Rain forecast next week - should we schedule gutter cleaning now?"   Another: an AI agent will plan your vacations (“Book me a week in Italy for under $2,000”), find the cheapest flights, and sort out hotels with a view.   It’ll remind you to pay bills, schedule doctor’s appointments, and track expenses so you’re not wondering where your paycheck went every month.   The old world gave you tools—Excel spreadsheets, search engines, budgeting apps. The new world gives you agents who do the work for you.   Don’t Get Too Scared (or Excited) Yet William Gibson famously said: "The future is already here – it's just not evenly distributed."   AI agents will distribute it. For decades, the tools that billionaires and corporations used to get ahead—personal assistants, financial advisors, lawyers—were out of reach for regular people.   AI agents could change that.   BUT, remember…   We’re in inning one.   AI agents have a ways to go.   They’re imperfect. They mess up. They need more defenses to get ready for prime time.   To be sure, AI is powerful, but it’s not a miracle worker. It’s great at helping humans solve problems, but it’s not going to replace all jobs overnight.   Instead of fearing AI, think of it as a tool to A.] save you time on boring stuff and B.] amplify what you’re already good at. Right now is the BEST time to start experimenting. It’s also the best time to find investments that will “make AI work for you”. Author: Chris Campbell (AltucherConfidential)   Profits from free accurate cryptos signals: https://www.predictmag.com/     
    • What a wild year.   AI seems to be appearing everywhere you look, Paris hosted a weird Olympics, unrest continues in the Middle East, the US endured a crazy-heated election, and the largest rocket ever to fly successfully landed in a giant pair of robot arms.   Okay, but what about the $money stuff?   Well, this year we've seen a load of uncertainty - inflation is still biting and many businesses have gone down.   Property has been very fractured, with developments becoming prohibitively expensive, while other markets have boomed.   It hasn't been an easy ride, that's for sure.   However, the stock market has had some outstanding results, and for those who know how to trade, some have done VERY well for themselves.   Some have replaced their incomes. Some have set themselves up for the rest of their days on this planet.   How about you? How did you go? Author: Louise Bedford    Profits from free accurate cryptos signals: https://www.predictmag.com/  
    • U Unity Software stock watch, attempting to move higher off the 22.4 triple+ support area at https://stockconsultant.com/?U  
    • TSSI TSS stock, watch for an ascending triangle breakout above 11.49, target 15 area at https://stockconsultant.com/?TSSI
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.