We have recently covered leveraging social media trends in trading.
So, its interesting to see that the debut trading results from Derwent Capital’s new Twitter based sentiment fund seem initially to validate the use of social media ‘tweets’ for predictive trading.
The first full month of trading, saw the Derwent Capital Twitter fund outperform the US Dow, making 1.85% compared to the US Dow which lost 2.2% over the same period.
Being social media, BBC Radio 4 ran an interview today with Dr Johan Bollen of Indiana University Bloomington, who wrote the program that Derwent Capital uses.
Filed under: Technology Trends | Tagged: twitter | 1 Comment »