PollyTrade is one the coolest and most amazing Twitter application I’ve ever seen. Well, it’s actually a free service that allows users to execute a trade with minimal effort on the world’s most popular micro-blogging platform and is the middleman of your Twitter account and brokerage account. When users post an update that cause orders to be placed in your brokerage account, the system will then tweet each order status back to you.
After registering an account on PollyTrade, users can start to execute trades by sending tweets replies on Twitter to @pollytrade. However, you must follow a standard format when tweeting so that the system is able to recognize the keywords and do the rest of the job for you. Let’s say you would like to buy/sell 200 shares of Apple – “@pollytrade buy/sell 200 shares AAPL”. As simple as that.
PollyTrade is indeed an unique creation but unfortunately I’m not able to try out this really cool application as I don’t have an E-trade account because I’m neither a trader nor over 18 years old. It’s currently in beta version supports only E-trade. According to the folks there, they said that they will include other brokers in the near future as users make their wishes clear.