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

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

#271

Earlier quoted context omitted.

Did you use floating point or fixed point numbers?

I can't see any reason to use fixed point numbers here, seems like floating point would be perfectly sufficient.

Floating point numbers are inadequate to manipulate accounts representing currency, and for finance at a large.

https://stackoverflow.com/questions/3730019/why-not-use-doub...

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

#272

Earlier quoted context omitted.

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.

Who just wanted to push this service? OP or sevencolors? Either way, as a counterweight to all the conspiracy theory nonsense on the web, I have been making an effort to not assume I know people’s hidden intentions. I’d like to invite you to join me in that.

Nigerian princes must really love you.

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

#273

I was looking at the various APIs the project sources for data and was wondering does Bloomberg aggregate data sources from other vendors or does Bloomberg produce it's own market data for their terminals?

Not or, both. There is a crapton of data available in the terminals.

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

#274
post #63

Earlier quoted context omitted.

Interestingly enough, as someone with both Bloomberg terminal and FactSet subscriptions, I still don't have real-time market data for most asset classes and securities. Those are actually add-on costs that I don't need for my research (I'm not a trader). The value for me (again not a trader) comes from having 25 years of robust fundamental and market data along with powerful portfolio analysis tools and models.

I guess I’m not very familiar with these offerings. I was really asking “how do I acquire a real time feed to plug into this open source software”. But it sounds like it’s not valuable to have that in practice?

No, it may or may not be particularly valuable depending on your use cases.

Low latency data is mostly going to be a quality/cost/volume trade-off.

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

#275

Earlier quoted context omitted.

It’s about who you know and the quality of info haha, do what you want

Well /biz/ was telling everyone to buy chainlink at 20 cents, it's now 26$, and they were posting all sorts of information to back their claims. If information giving more than x100 ROI in 3 years isn't quality enough for you then I don't know what is. One would be wise to look past the anonymity, racist jokes, homophobic jokes, etc... to find what you want, it's like diving in a lake of shit that has treasure chests…

For every ChainkLink there's a dozen pnd/rugpull scams.

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

#276

Earlier quoted context omitted.

I can't see any reason to use fixed point numbers here, seems like floating point would be perfectly sufficient.

Floating point numbers are inadequate to manipulate accounts representing currency, and for finance at a large. https://stackoverflow.com/questions/3730019/why-not-use-doub...

No, for finance at large floats are often fine. Plenty of financial calculations cannot be done precisely using fixed point or arbitrary precision numbers either, so there's no point giving up the performance/ease of use that floating point offers. Billions of dollars is transacted based on Excel calculations every day, this whole fixed point for finance thing is a programmer myth.

Of course as you say for accounting you don't want to use floating point, but I can't see anything like that in this application.

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

#277

The biggest thing you pay for in the Bloomberg Terminal is the chat function, which lets you talk to other people who also have $25,000 a year to spend on a Bloomberg Terminal. But this is still pretty cool :)

A ton of big asset trades get initiated and agreed upon via bb chat. But if you’re just trading equities on an exchange, this is probably of no real value to you.

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

#278

Earlier quoted context omitted.

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.

Who just wanted to push this service? OP or sevencolors? Either way, as a counterweight to all the conspiracy theory nonsense on the web, I have been making an effort to not assume I know people’s hidden intentions. I’d like to invite you to join me in that.

Yeah im just as lost as you. Im not really sure who is pushing what service that is their own... either way, I did find all the links relevant, and worthwhile knowing about..... shrug

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

#279
post #123

I’m not a coder. This looks awesome and I’d really love to try it. Can anyone tell me how to get this working or point me to a set of instructions? I see the code and read me on GitHub but don’t know what to do next. Thank you.

From a quick glance, the first thing you'll need to do is install Python for your platform. There are a bunch available, but for Windows I usually recommend WinPython. This one should be good: https://sourceforge.net/projects/winpython/files/WinPython_3... . Run that and select an empty folder to install it into. When it's done, open the folder and run the "WinPython Command Prompt". Once you have that, download the…

Thanks

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

#280
post #123

I’m not a coder. This looks awesome and I’d really love to try it. Can anyone tell me how to get this working or point me to a set of instructions? I see the code and read me on GitHub but don’t know what to do next. Thank you.

From a quick glance, the first thing you'll need to do is install Python for your platform. There are a bunch available, but for Windows I usually recommend WinPython. This one should be good: https://sourceforge.net/projects/winpython/files/WinPython_3... . Run that and select an empty folder to install it into. When it's done, open the folder and run the "WinPython Command Prompt". Once you have that, download the…

Hi!

I get two errors;

1) no such option: -r

2) Permission denied when using Git HUB

Yes i'm a noob.

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