Data, Analytics, Automation and supporting decision making in the community

[Conqueror]

I’m going to necro this thread because it honestly is a fantastic freeze-frame of the things we were thinking about “way back when”. For those that haven’t been following over the past many months I’ve been building out Mimir in totally random in line with my “manifesto” found here:

Valhalla Community Trading System

Valhalla Community Trading System A part of the vision I have for this community is the creation of a system to simplify common and complex tasks that individuals usually take on in our day to day. The base elements of this are interconnecting the forum, the discord and a service of our design (Mimir) to facilitate the delivery of and access to important information about the community’s plays and to deliver critical information for daily trading. The Forum - The purpose of the forum is to collect and compile research on potential plays. We already have the fantastic chart plugin and I’d like to expand upon that framework a little. The forum should be viewed as a “database”. Each thread acts as an entry in our community’s “watchlist”. In order to fully realize the potential, we’ll need to add a method by which users can add threads to their own “watchlist” so we can gather an accurate picture, from a data collection standpoint, on what the most important plays at any given time are. Changes that we need to make in the immediate future to the forum are as follows: Make ticker field “required” and potentially connect it to an API for ticker data/verification. Create “watchlist’ plugin so users can add plays to their personal watchlist. Potentially add profit/loss reporting in a future update. Modify the “Events/Calendar” functionality to better list related dates for existing threads and potentially market impacting event dates. Setup “Discord → Discourse” bot to set privileges on the forum similar to the Discord (set trust levels of ascended and up higher than normal members, suspend the forum accounts of the banned users) Mimir (RedBot) - I plan for this bot do to most of the heavy lifting for our system. The bot can be expanded to act as an API easily in the future should we want to progress it’s functionality past Discord. Mimir should connect with the forum to access the threads (watchlist, “community tickers”), personal watchlist data (for popularity) and events. This data will be used to create relevant server wide notifications for tickers that we’re watching and playing. Ideas for addons include: News notifications for community tickers. If news is released for tickers that are being actively watched, the notification would automatically be posted to trading floor. The same for SEC filings. Calendar/Event reminders. Reminders about coming events/catalysts, etc. would be sent to trading floor. “Most watched” plays functionality would ease questions about “what people are looking at” using a combination of “most watches” and determining what plays have the “nearest” catalysts from the calendar data. Possibly incorporate signals for community tickers that call out movement specifically on community tickers. In addition to the integration with the forum, I have my eyes on rapid expansion of the other tools that we’ve created: SPAChero integration - Create tools related to the information listed on the SPAChero website Gamma an…

Mimir development has hit a point where it’s time to start thinking about exactly the things this post puts forward. Mimir is loaded with news headlines, earnings data, economic data, fundamentals, quotes and more now and it’s all in a system that makes it easy to utilize functions written in any language. For those that haven’t seen it, I’ve released a development playground for Mimir and will continue to build upon the available connectors as interest increases. For more on that you can read here: GitHub - AscendedTrading/Mimir: The system that powers Valhalla and all it's features

What we learned in the early stages of building out the community’s tech is that if we just build bots that dump into channels the information goes unused. So we needed a full system capable of not just aggregating information but one that could actively make decisions based on that information and the foundation for that is now there.

Current ideas that I’m aggressively going to be attacking are building out Mimir’s ability to gauge sentiment of news headlines in two distinct ways.

1. I’m going to use basic models to calculate and display “How the algos are probably reading it”. A display designed not to be accurate in line with how we’ve observed in the market but instead to represent the “baseline”.

2. I want to work on our own in-house model designed to ingest and score headlines as they come in, initially based on user input (Buybacks = 10 points importance, CEO departure = 10 points, Winning an award = 5 points) but to also track stock performance of those headlines after the fact in an attempt to generate a process that can watch the stream of headlines and select ones that are most likely to have a substantial effect on the underlying.

Another area that I’d like to put heavy development into is earnings. Mimir now has an earnings database and can calculate percentage beats, with some criteria added to that, we can generate signals in the morning for what specific earnings plays to pay attention to. This can be using fundamentals data to bolster the results or by scanning SEC filings, a functionality I’ve almost completed.

To be clear, this thread is to discussing creating processes in Mimir to help identify plays. So any idea is welcome.