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Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

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261–270 of 314 posts

Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

#261

Earlier quoted context omitted.

According to the docs it uses https://www.alphavantage.co/

He just wanted to push his service. HN comment section has been unbearable recently with the substantial increase of people doing this. It has always been present but now it is almost reaching the point of making the comment section worthless.

What is this low-quality cynicism? Why do you think that it's his service?

Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

#262

Earlier quoted context omitted.

Wrap it in a SaaS and dummies like me will buy it! Make a mill!

He should accept GME stock as payment medium. 10 stocks per year

I'll give you my GME when you pry it from my dead, cold hands.

Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

#263

If you like stocks and are careful with the way you spend your money, you know how much time goes into buying shares of a stock. It’s tedious and I don’t have 24k for a Bloomberg terminal. Which led me to the idea during xmas break to spend the time creating my own terminal. I introduce you to “Gamestonk Terminal” (probably should’ve sent 1 tweet everyday to Elon Musk for copyrights permission eheh). In summary, the…

Have you considered the problem that any publicly available indicator suffers from the fact that being the first to execute the strategy is the only way to make money? This would imply an entirely algorithmic trading strategy to reduce any potential for delay. That's how we end up with HFT. Maybe not subsecond HFT but <10s HFT.

Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

#264
post #224

Earlier quoted context omitted.

> Please don't post comments saying that HN is turning into Reddit. It's a semi-noob[0] illusion[1], as[2] old[3] as[4] the[5] hills.[6] [7] [0] https://news.ycombinator.com/item?id=926703 [1] https://news.ycombinator.com/item?id=633099 [2] https://news.ycombinator.com/item?id=582513 [3] https://news.ycombinator.com/item?id=289254 [4] https://news.ycombinator.com/item?id=253657 [5] https://news.ycombinator.com/item?i…

Hacker News has always been reddit. All these comments are just people seeing through the matrix.

The overlap between HN and Reddit must be huge. Folks just take off their fedora and put on a panama hat.

Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

#265

If you like stocks and are careful with the way you spend your money, you know how much time goes into buying shares of a stock. It’s tedious and I don’t have 24k for a Bloomberg terminal. Which led me to the idea during xmas break to spend the time creating my own terminal. I introduce you to “Gamestonk Terminal” (probably should’ve sent 1 tweet everyday to Elon Musk for copyrights permission eheh). In summary, the…

Where is the market data (price, volume, etc) from? All open source projects related to stocks seem to use Yahoo quotes, which is essentially abandoned and not supported at all. No SLA or any indication of long term survival. I found Alpaca[1] which looks decent in terms of a stock API and their upstream data provider Polygon.io[2] which looks even better but costs $199/mo for essentially per tick market data. [1] ht…

Alpaca is primarily for trading.

They were using Polygon for data, but if I recall correctly, I believe seeing an email or such that they're going to roll out their own data and discontinue the Polygon "bridge".

Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

#266

If you like stocks and are careful with the way you spend your money, you know how much time goes into buying shares of a stock. It’s tedious and I don’t have 24k for a Bloomberg terminal. Which led me to the idea during xmas break to spend the time creating my own terminal. I introduce you to “Gamestonk Terminal” (probably should’ve sent 1 tweet everyday to Elon Musk for copyrights permission eheh). In summary, the…

Anyway to see the UI for people who don’t know anything about code but looking for a investment alternative

Really? 2 downvotes for being curious and excited about OPs platform

Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

#268

How good does this work for non US stocks? I don't think you should invest all your money in stocks of just one nation.

What percentage of profits in the S&P 500 index do you think comes from outside the United States? The nice thing about S&P 500, EuroSTOXX 50, and Nikkei 225 indices: A huge portion of their profits come from outside their home regions: US, EU(rope), Japan. Think: FAANG, Microsoft, Intel, AMD, NVidia, HP, Ford, Boeing, Phillip Morris, Tesla, Siemens, EADS, Phillips, NXP Semi, Alstom, ABB, SAP, Santander, Volvo, Volkswagon, Hitachi, Panasonic, Toyota, Kyocera, Nintendo, Sony, etc. Upon closer inspection, they act like international indices. Don't bother with indices focused upon developing economies -- they are already covered by the Big Three indices!

My take: Of these Big Three indices, the S&P 500 will outperform others over the long term. That is not blind pro-US bias. The US economy (and, correspondingly, the S&P 500 index) is much more dynamic than EU and Japan. It can recover faster after downturns -- recessions & depressions.

As a retail investor, put your money into a very low commission ETF that tracks the S&P 500 index. See: Fidelity, State Street, or Vanguard. Enable dividend reinvestment programme ("DRIP") to buy more shares with dividends. Go to sleep for 30 years. Wake up rich. Simples.

Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

#269

Earlier quoted context omitted.

Hacker News has always been reddit. All these comments are just people seeing through the matrix.

Hacker News is Reddit with a thesaurus. This is only an insult to Hacker News if you think Reddit is bad, but they clearly share the same dynamic brought on by the perverse incentives of the "karma" system and individually threaded comments. Classic discussion forum interfaces (e.g. vBulletin or phpBB) allow for much richer and calmer communication.

The problem with the karma system is that it incentivizes simple comments and appealing to common human instincts. I often regret it when my score goes up drastically because I think that I made a low effort comment that exploits ingrained biases instead of actually contributing to the discussion.

I am personally not against the idea of sorting comments based on a score but the score itself shouldn't be visible to anyone.

Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

#270

Earlier quoted context omitted.

It's the best scene in the movie. https://www.youtube.com/watch?v=Qo1OSqBQYmk

Its a great scene, but this one takes the cake: https://www.youtube.com/watch?v=xbiDrzTd8fE "That's a nice shirt, do they make it for men?" "Somehow you're like Dora the Explorer and you're the first person who has found this thing..."

It's a great scene, but this one takes the cake: https://m.youtube.com/watch?v=DQ5VfKSYvSk

"There’s some shady stuff going down. God, this is intimate. I feel like I’m financially inside of you or something."

"I'm jacked. Jacked to tits!"

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