ABuddy: The Experiment

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I've tried playing with the stock market.  As a "busy person" it's very difficult for me to keep up with what's going on in the world.  The result: I lose.  I lose money, then I lose time trying to figure out how to not lose money, then I lose more time investigating dead-end stocks and funds, then I lose more time and money drinking and babbling about how many times I was almost rich and how hard it was growing up as a poor black boy in the South.

"You mean I'm gonna stay this color?!"
-Steve Martin, The Jerk

Finally, a few months ago, it dawned on me that I'm good at making computers do all my work for me.  I can spend hours getting the computer to do a 10 minute job for me, just so I don't have to do it.  So I decided to do a little experiment to see if I could get a computer to make worthy financial suggestions.

Thus was birthed ABuddy.

I slammed together version 1 as a proof of concept in an afternoon.  All it did was scrape quotes from Yahoo! pages, plunk them in a table and color code them if they dropped or rose by 5% or more.  I had it choose which symbols to look at by giving it a list of industries and having it pull the ones with the biggest market caps.

It was a complete shot in the dark, but for a first pass it did surprisingly well at narrowing down things for me to investigate.

I've now run 3 "test cycles" with this system in which I invested around $10k (of imaginary money) and tracked my success.  I learned a few things, and watched which patterns worked and which didn't. 

With those lessons under my belt, I've now started working on version 2.

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This page contains a single entry by Topher published on December 5, 2009 10:05 AM.

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