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u/lechiffre-wells 2 days ago

Anyone here that pays for the Truth Social insider messages actually catch this?

This was almost starting as a troll post but now I'm genuinely curious if you have heard of any large firms that use this service? I hear its very expensive, up to $100k per month. I have no idea how its not illegal insider trading but hey what do I know. This is the MGC chart on a 25 range. Prior to 12:30 I was looking to see if price breaks above 4425 but then Trump posted, and down she goes. I'm going to watch and see how the market digests that information now over the next hour or maybe the rest of the trading day since I know its just bots and algo's dancing that caused the dip. Anyway back to my original question about the paid service, has anyone heard of any service out that that is reselling the insider messages as a paid subscription service? If not, it could be a viable business opportunity for you.
79 comments held Reddit says 78 on reddit ↗
  1. u/TrickTranslator5856 7 2 days ago
    The fact someone might be reselling that feed for a subscription is peak capitalism, I can’t even be mad.
  2. u/JohnTitor_3 81 2 days ago
    No I don't pay the insane $100k per month API fee. But it is very easy to make a scraper yourself for a $20 chatgpt subscription. I have one built into my personal trading platform i built for myself. Showed a popup with the truth social post about 15 seconds after he posted it. Set it up so that anytime there is a 3X ATR move on the 30 second chart it automatically scans for new truth social posts and popups up with one if it corresponds to the same time as the move. Works very well to immediately tell if a fast sudden move is a truth social post driven or not.
  3. u/Hey_Gerry_1300135 10 2 days ago
    What kind of prompts do you tell ChatGPT to build one
  4. u/JohnTitor_3 34 2 days ago
    For the truth social post scanner? I already have a full built out personal trading app so it was just an additional feature to that but I just looked back through my prior chats and I'll copy and paste the exact prompt below:
    When there is a fast large move (trading algos reacting to some new news) I want the app, in the background, to go to this page (https://rollcall.com/factbase/trump/topic/social/?platform=all&sort=date&sort\_order=desc&page=1) which lists all of trumps truth social posts. If there is a new post that corresponds with the same time as the fast price movement in the stock then a modal should popup with an alert showing the user the truth social post with a link to it.
    This should be a setting that can be turned on or off in the user settings.
    I used planning mode and it asked me some clarifying questions (that's how I ended up with the 3X ATR trigger). Built the whole feature in about 15 minutes with zero bugs or rework needed, works great. Used Chatgpt Codex 5.6 Sol High.
  5. u/Jellydude25 3 2 days ago
    John you’re a damn genius. I like the idea of creating your own trading app.. What other cool features did you program into your app? Or what was your goal or purpose for creating it dude?
  6. u/brain_in_crypto 2 2 days ago
    The things about 100k$ api is they get access to his tweets 30mins earlier than normal public
  7. u/JohnTitor_3 3 2 days ago
    No they don't that is pure non-sense. It gives them API access for algo bots to react in microseconds to the post, they don't get any 'early access' or anything like that.
  8. u/brain_in_crypto -1 2 days ago
    Then that's of no use, even if they get it like a minute early they would pay
  9. u/JohnTitor_3 6 2 days ago
    It's of huge use, the big firms running algo's are running on attosecond response times. Look up the story of how the real estate around the server's in new jersey where the stock market's data flows through became some of the most expensive in the world because every fund was trying to get their server as close to the markets data serves as possible so that they could have a couple nano/atto second head start on everyone else.
  10. u/dkimot 2 2 days ago
    it wasn’t the real estate. you don’t get sub microsecond latency being across the street, you colocate in the same room
  11. u/JohnTitor_3 1 1 day ago rescued
    [https://www.nytimes.com/2013/05/14/techno…)
    Why pay $600 or more a square foot at unglamorous addresses like Weehawken, Secaucus and Mahwah? The answer is still location, location, location — but of a very different sort.
    Companies are paying top dollar to lease space there in buildings called data centers, the anonymous warrens where more and more of the world’s commerce is transacted, all of which has added up to a tremendous boon for the business of data centers themselves.
    The centers provide huge banks of remote computer storage, and the enormous amounts of electrical power and ultrafast fiber optic links that they demand.
    **Prices are particularly steep in northern New Jersey because it is also where data centers house the digital guts of the New York Stock Exchange and other markets. Bankers and high-frequency traders are vying to have their computers, or servers, as close as possible to those markets. Shorter distances make for quicker trades, and microseconds can mean millions of dollars made or lost.**
  12. u/JohnTitor_3 24 2 days ago
    None of the trading platforms gave me all of the features I wanted specifically for how I trade. So I just decided to build my own, something I could have never done before the coding AI's got as good as they are. Lets see...some of the features: 1) I have all trading news events built into the charts so it shows me when they are upcoming. 2) I've got built in rule sets so that unless one of my setup's is there I cannot physically press the enter button. 3) It has its own built trading journal that automatically records all trades, both the data as well as entry/exit screenshots and automatic video recording of the charts while the trade is open. 4) Auto calculates entry size based on stop distance. 5) Auto exits and manages open trades based on whatever rules I give it. 6) Gives me a welcome screen with all the upcoming news events, market holidays, any recent big news, ect. basically instead of checking a couple different sites every morning it shows it all to me directly in a popup when I login. 7) Built in GEX data from option chains built in as heatmaps into the chart. The list goes on and on...basically anytime I think of something cool to add it is one or two prompts and 20-30 minutes and the feature is ready to go.
  13. u/CountyFuture7023 1 2 days ago
    This sounds really cool! Do you pay for any third party APIs, or is it purely web scraping?
  14. u/JohnTitor_3 7 1 day ago
    I get all the stock data through my brokers API's for free. All the news, events, ect are all scraped for free as well.
  15. u/Bschmabo 1 2 days ago
    I have been building out a similar platform for myself, but based on custom studies in Sierra Chart. Are you saying you did a completely standalone program that even does its own charting? If not, what charting program are you using and how does it integrate?
  16. u/JohnTitor_3 7 2 days ago
    I used the lightweight tradingview chart library for the charts, integrates really easily. The app itself is built on the tauri framework as a crossplatform desktop app. Here is a screenshot of what it looks like if your interested to see: https://preview.redd.it/2jt0z3qavlih1.png…
  17. u/Bschmabo 1 1 day ago
    That’s really cool. Can you share some details/pictures of your trading journal? I’ve been thinking of building a standalone one that integrates with Sierra Chart and tracks metrics specific to my style of trading.
  18. u/VisualCheek2928 6 2 days ago
    I suppose you used an IBM 5100 to write that... LOL
  19. u/JohnTitor_3 7 2 days ago
    You are a man of culture I see 😂
  20. u/VisualCheek2928 5 1 day ago
    Woman of dubious culture, more like.
  21. u/JohnTitor_3 1 1 day ago
  22. u/VisualCheek2928 1 1 day ago
    Sigh. Rage against that dying light.
  23. u/ATLDad87 1 1 day ago
    I rent a Google VM (you start with $300 in free credits and dpes expire for 3 months). I've built tons of strategies and indicators. My latest being an actual decision making engine that collects every tick movement to learn and enhance itself. Feel free to dm to discuss AI agents!
  24. u/ATLDad87 1 1 day ago
    ChatGPT will give you every command prompt line you need to setup the entire VM without even using the site. It had me ping every Google Datacenter for one that had the hardware we're looking for. I've got two different vm's setup atm, one for AI media generation (ComfyUI, Flux and LoRA model creations) which has a really crazy pipeline and workflow. I've automated just about everything for posting social media products. It gets pretty crazy pretty quick if you have the mind for it.
  25. u/FlabbyLabby 2 1 day ago
    What trading platform do you use?
  26. u/JohnTitor_3 1 1 day ago
    You mean broker? Tradestation for futures. Schwab for equities and options.
  27. u/darkchocolattemocha 1 1 day ago
    Is the gex data updating real time?
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  29. u/y2k1199 1 1 day ago
    Damn
  30. u/uncommon_name0 1 1 day ago
    Thanks for this, this is awesome. Following this to revisit later.
  31. u/Biotot 1 1 day ago
    I dont know if it's changed at all in the last couple years when I first wrote my truth bot. but it's literally just a fork of mastadon. The same API calls all work with some very minor tweaks.
  32. u/HateToSayItBut 1 2 days ago
    Uh ok but without the subscription, you're still getting the info LATE.
  33. u/JohnTitor_3 7 1 day ago
    I am getting it 15 seconds or so after the people with the $100k subscription. But i'm not competing with the instant reaction news algos, I am only interested in if that sudden spike in volatility was caused by a specific news event or not, and this tells me.
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  35. u/N2itive1234 1 1 day ago
    At that point isn't it already too late?
  36. u/jason14wm 13 2 days ago
    Panic selling and algos adapting. Impossible to predict the market when the clown posts something, unless you pay to see it early
  37. u/CountyFuture7023 8 2 days ago
    “Your technical analysis is no match for my Tweets” or something along those lines
  38. u/lechiffre-wells OP 16 2 days ago
    "everyone has a plan until a Trump tweet punches them in the face" \- Mike Tyson..maybe
  39. u/kenjiurada -5 2 days ago
    Man if you’re trying to trade off that clown’s tweets you’ve already lost…
  40. u/Opposite-Ad-8521 2 2 days ago
    Trading is all about information, all information is good information. trading is all about how you use the information you have.
  41. u/kenjiurada 1 2 days ago
    Disagree. Trading is about finding a statistical advantage and executing on it, which typically means just one stream of information. Any number of ways to interpret his rantings.
  42. u/Opposite-Ad-8521 1 2 days ago
    And whats is that? *Information *
  43. u/Upper-Cucumber-7054 3 2 days ago
    There's zero point for retail traders to try and trade news, that so stupid. The API, is for big hedges and people with big capital not little guys.
  44. u/lechiffre-wells OP 1 2 days ago
    https://preview.redd.it/lg99e9lj7lih1.png… Maybe off the beginning, sure. but following up, a little over an hour later and the market reclaimed the area pre-tweet. Now, I was watching to see if price would break above that level, it clearly didnt, but in a tweet reaction like this I'd expect price to regain 50% of the level. It did within moments so that's hard to time. In this case price reclaimed all the lost ground and reset to the beginning. Maybe it's just a mean reversion play for nothingburger tweets like this that make the algo's dance. I'll just see what orderflow tells me
  45. u/Opposite-Ad-8521 0 2 days ago
    well nothing wrong with catching a small move, that's all a retail trader needs a confirmed train ticket towards the direction he wants to go.
  46. u/DMCTradersJournal 3 2 days ago
    All well and good knowing what he tweets but the difference is how the market algos react, they don’t always react the way you would expect.
  47. u/BuildWithBricks 2 2 days ago
    Sounds like a deal is seconds away 🤡🤡🤡🤡
  48. u/donthejeweler7 1 2 days ago
    If you’re paying for the feed you cannot distribute it outside your firm. People are clearly paying for the feed already judging from how quickly they are reacting from the time of the truth being posted.
  49. u/LordJamPunt 5 2 days ago
    Price barely moved, I don’t think the market even noticed
  50. u/lechiffre-wells OP 8 2 days ago
    for big shooters and swing traders, sure. for minnow scalpers like me it was big move, about 150 ticks in a second
  51. u/jhp113 2 2 days ago
    For real I just happened to be in puts at the time and made 100%+ gain after this thing. So grateful it wasn't the opposite way.
  52. u/Which-Journalist-748 1 1 day ago
    Could be a beta test as well to see how algo respond to truths 
  53. u/dontucme 3 1 day ago
    There’s a way to automate it via financial juice. It’s just a few seconds late, but it does the job
  54. u/y2k1199 1 1 day ago
    Bruh is that orderflow? Is it paid or free version?
  55. u/Mobile_Performer969 1 1 day ago
    Everything about the creation of money is rigged. It's just who has the uppoer hand in this uses the rest as their exit liquidity. That is the ultimate truth.
  56. u/john-wick2525 1 1 day ago
    Following
  57. u/Surebuddy112 1 1 day ago
    Isnt this like the most blatant corruption gigacase ever in USA ?
  58. u/willphule 1 1 day ago
    Ethically corrupt, no doubt, but after doing some digging, it is apparently not illegal. Hopefully that changes next time party control shifts.
  59. u/LoriousGlory 1 1 day ago
    I think this speaks to move of the importance of paying attention to price action than paying for news flow. Maybe I’m missing something here?
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  70. u/00_Kaizen 1 1 day ago
    No different from any other indicator or data service out there , Bloomberg, Jazeera ,Aetna, etc.... just another flashy golden tool that needs to be added to the tool belt. The true insiders are the staff who put the information out, and the various houses or pals they call before the news hits all wires . Granted its frowned upon , but news leaks all the time , the last one that leaked was JP Morgan , trading FED news in the right direction minutes, before the news was released by the chair -lol go figure . And how were they punished ? A soft slap on the wrist. lol
  71. u/TopEducator5516 1 1 day ago
    Hey is north star trader going to go public?
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  79. u/SupportLocalShart 1 17 hours ago
    Are these the new WTC candles?