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Show HN: Trigger – IFTTT for the stock market

triggerfinance.com

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Re: Show HN: Trigger – IFTTT for the stock market

#11

Post by lewisl9029 »

rachelita wrote: post #2

Hey everyone! I’m co-founder and CEO of Trigger Finance, which I’m thrilled to share with you today :) Trigger is simplifying the world of stock investing by reducing everything to an “IF THIS, THEN THAT” statement, called a ‘trigger’. You can create triggers to track all sorts of things happening in the market -- for example, if a stock drops suddenly, or if Apple announces earnings at a certain level, or if the Fed…

I really like the idea of the app. Unfortunately, the "Get Trigger on your phone" link takes you to the App Store, and my phone runs Android. I suspect an Android client is in the works? How about a web client too?

In the mean time, I'd recommend interested non-iOS users to check out Quantopian [1], which is not nearly as simple and accessible, but gives you the power to do real algorithmic trading.

[1] https://www.quantopian.com/

Re: Show HN: Trigger – IFTTT for the stock market

#12

Post by philippnagel »

rachelita wrote: post #2

Hey everyone! I’m co-founder and CEO of Trigger Finance, which I’m thrilled to share with you today :) Trigger is simplifying the world of stock investing by reducing everything to an “IF THIS, THEN THAT” statement, called a ‘trigger’. You can create triggers to track all sorts of things happening in the market -- for example, if a stock drops suddenly, or if Apple announces earnings at a certain level, or if the Fed…

Super cool! What's your monetization strategy (e.g. money gets you more triggers)?

Re: Show HN: Trigger – IFTTT for the stock market

#13

Post by rachelita »

lewisl9029 wrote: post #11
rachelita wrote: post #2

Hey everyone! I’m co-founder and CEO of Trigger Finance, which I’m thrilled to share with you today :) Trigger is simplifying the world of stock investing by reducing everything to an “IF THIS, THEN THAT” statement, called a ‘trigger’. You can create triggers to track all sorts of things happening in the market -- for example, if a stock drops suddenly, or if Apple announces earnings at a certain level, or if the Fed…

I really like the idea of the app. Unfortunately, the "Get Trigger on your phone" link takes you to the App Store, and my phone runs Android. I suspect an Android client is in the works? How about a web client too? In the mean time, I'd recommend interested non-iOS users to check out Quantopian [1], which is not nearly as simple and accessible, but gives you the power to do real algorithmic trading. [1] https://www.q…

Quantopian is awesome! We plan to release an API this summer for those who want to play with triggers and their brokerage accounts programmatically. Thanks!

Re: Show HN: Trigger – IFTTT for the stock market

#15

Post by rachelita »

philippnagel wrote: post #12
rachelita wrote: post #2

Hey everyone! I’m co-founder and CEO of Trigger Finance, which I’m thrilled to share with you today :) Trigger is simplifying the world of stock investing by reducing everything to an “IF THIS, THEN THAT” statement, called a ‘trigger’. You can create triggers to track all sorts of things happening in the market -- for example, if a stock drops suddenly, or if Apple announces earnings at a certain level, or if the Fed…

Super cool! What's your monetization strategy (e.g. money gets you more triggers)?

We plan to offer a premium subscription to unlock premium triggers (like compound ones, if this AND that AND that) and also premium data types (like cryptocurrencies). In addition, we plan to offer an API that we can license to both developers and financial technologies businesses.

Re: Show HN: Trigger – IFTTT for the stock market

#16

Post by rachelita »

Analemma_ wrote: post #4
rachelita wrote: post #2

Hey everyone! I’m co-founder and CEO of Trigger Finance, which I’m thrilled to share with you today :) Trigger is simplifying the world of stock investing by reducing everything to an “IF THIS, THEN THAT” statement, called a ‘trigger’. You can create triggers to track all sorts of things happening in the market -- for example, if a stock drops suddenly, or if Apple announces earnings at a certain level, or if the Fed…

I'm not terribly well-versed in stocks and trading, so forgive me if this is an obvious question, but: My broker (Fidelity) charges me something like $7/day/stock to keep a stop order open. Presumably I could accomplish the same thing for free with Trigger. Is there some major difference between a "sell if below X" Trigger and a stop order, or is Fidelity just bilking me?

Yes, all conditions orders, like limit and stop loss etc at the end of day are triggers. Right now you can set a level for a trigger an issue a market order (which is a SL) or a limit order (stop limit order) with your existing brokerage for just the commission they would charge you. In the future, you can construct your own sophisticated stop loss orders, like IF GOOG trades below $500 AND it's outside of 1 hour of the close, THEN sell.

Re: Show HN: Trigger – IFTTT for the stock market

#17

Post by rachelita »

jxm262 wrote: post #3
rachelita wrote: post #2

Hey everyone! I’m co-founder and CEO of Trigger Finance, which I’m thrilled to share with you today :) Trigger is simplifying the world of stock investing by reducing everything to an “IF THIS, THEN THAT” statement, called a ‘trigger’. You can create triggers to track all sorts of things happening in the market -- for example, if a stock drops suddenly, or if Apple announces earnings at a certain level, or if the Fed…

Cool app! my SO was asking me for something very simple to use, will ask her to give this a try. Is it required to be linked to an actual broker, or can you get limited messages from some other public data feed? For example, get alerts on price movements Also, side note she uses Robinhood, not sure if there's plans to add that at some point

Absolutely, you don't need to have a brokerage account to use Trigger. You can just set alerts to get notifications on events and price movements you care about, but also track the performance of how you would have done if you sold or bought a stock at that time.

Re-robinhood, we are in line to get access to their API, and it will be the next broker we chose to integrate with. You can potentially have free algorithmic trading from your phone!

Re: Show HN: Trigger – IFTTT for the stock market

#20

Post by Netcob »

chillydawg wrote: post #18

Remember, the stock market is just gambling. Fancy tools and triggers just let you kid yourself you know what you're doing. Unless you do it as a full time job, you probably should not ever directly trade individual stocks. What do you know that the pros do not?

Maybe not us individuals, but I bet if trigger becomes really popular to the point where its rules actually have an impact on the market, then access to that rule database might be worth quite a lot.
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