My research project will be on the role of new media in the financial markets, specifically, how twitter and blogging are becoming part of the decision making process for traders and investors.
I will focus on how traders and investors are influenced by these new technologies and how new media can be used with other technologies and processes, such as data mining, in developing trading strategies.
Something that I find interesting is how people base their actions on others, and I believe this herd mentality is harmful in trading. So, I expect to cover the psychological impact of new media as well.
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