/earnings-reports-bot

Python bot that leverages financial data APIs to fetch earnings report schedules for publicly traded companies.

Primary LanguagePython

Earnings-Reports-Bot | Development Plan

Overview:

The goal of Earnings-Reports-Bot is to automate the trading of earnings reports data. The plan consists of several stages of development, each aimed at enhancing the functionality and usability of the bot.

Stages of Development and What to Expect:

1. Data Acquisition and Processing:

  • Gather data from multiple sources (financial databases and APIs)
  • Data cleaning and validation to ensure accuracy
  • Store collected data in a database

2. Bot Integration:

  • Integration with messaging platform (Telegram or Discord) to facilitate user interaction
  • Alerts about upcoming earnings calls

3. Trading Model Development:

  • Simple trading model that produces buy/sell signals
  • Implement risk management strategies to mitigate potential losses

4. Automated Trading Execution:

  • Automatically execute trades based on the signals generated by the trading model
  • Integrate with brokerage APIs to place trades automatically

5. Monitoring and Reporting

  • Monitoring and reporting features to track the performance of the trading strategy over time