31–40 of 72 posts
FWIW I don't think that you can really do this without moderation. Financial news is one area where curation shines particularly strongly, considering how strong monetary and information gain collide. Benzinga / Motley Fool / Seeking Alpha / Business Wire / Forbes aren't places to find worthwhile information.
I strongly suspect that a popular news resource focusing on stocks is liable to be overrun with bots or ‘sponsored content’, either with or without moderators’ blessing/compensation. It’s the niche where information asymmetry and financial gain are so awkwardly close.
I don't know why anybody would want that.
example: https://ftx.com/trade/SPY/USD
FWIW I don't think that you can really do this without moderation. Financial news is one area where curation shines particularly strongly, considering how strong monetary and information gain collide. Benzinga / Motley Fool / Seeking Alpha / Business Wire / Forbes aren't places to find worthwhile information.
Just launched https://biztoc.com [w/ Investment from Mark Cuban]
FWIW I don't think that you can really do this without moderation. Financial news is one area where curation shines particularly strongly, considering how strong monetary and information gain collide. Benzinga / Motley Fool / Seeking Alpha / Business Wire / Forbes aren't places to find worthwhile information.
You could try to hook into DTN iQFeed or another source. For example, the reports from futures brokers tend to be up-to-the-minute in my experience. Trying to solve everything at once is just an example of engineers attempting to solve a problem they don't understand.
This is meant as no disrespect to you OP. I am just a small trader and spent a lot of time trading lots of commodities. Thousands of small companies have tried and failed. I remember subscribing briefly to a several hundred dollar per month service that gave me the live feed, undelayed, of the brokers on the floor of corn/soy. It's an extremely hard problem to solve and honestly is rife with deep covenants you won't be able to break without money and/or a seat on the exchange.
Good luck to you. Unfortunately with today's computer powered environments it's harder to get a "market pulse" without bias. If I am going to give you any feedback the fact I don't have to pay money for this feed already indicates to me it's probably not worth looking at. Could you try to work an angle with a squawk service or something and charge a sum to get it?
Traders that are serious, i.e. not anyone on robinhood/major broker, take this very seriously. You could make a lot of money by providing good news in a single niche or perhaps two if you have the motivation. Don't focus on the worthless robinhood traders. With a news feed service you need to focus on the guys who are hooked into clearing houses. Not fly-by-night or payment-for-orderflow exchanges. The pikers trading 10,000 or less will never pay for a service. The guys moving units with deals on certain exchanges will pay an _extremely_ high premium or good information.
FWIW I don't think that you can really do this without moderation. Financial news is one area where curation shines particularly strongly, considering how strong monetary and information gain collide. Benzinga / Motley Fool / Seeking Alpha / Business Wire / Forbes aren't places to find worthwhile information.
That's why a site like biztoc.com makes sense — curation + aggregation.
It was written in big letters, "dont worry we wont spam".
3 minutes later: 2 emails in my inbox. One of them "BizToc is made possible by Mark Cuban & Thomas Marban. If you’re enjoying it, please invite your friends & colleagues."
This is pure spam and I do not like it.
Earlier quoted context omitted.
That's why a site like biztoc.com makes sense — curation + aggregation.
Looks good, but the login-mechanism is pure trash. It does not allow you to make account+password, but forces you to click a "magic link" in order to login. It was written in big letters, "dont worry we wont spam". 3 minutes later: 2 emails in my inbox. One of them "BizToc is made possible by Mark Cuban & Thomas Marban. If you’re enjoying it, please invite your friends & colleagues." This is pure spam and I do not li…
FWIW I don't think that you can really do this without moderation. Financial news is one area where curation shines particularly strongly, considering how strong monetary and information gain collide. Benzinga / Motley Fool / Seeking Alpha / Business Wire / Forbes aren't places to find worthwhile information.
This site would be better with way fewer sources, paradoxically. Probably 5-7 are all you need.
I pay a small fortune for Bloomberg each year and get notifications of all news on a list of stocks ~200 long. Most of the notifications are spammy lawyer press releases. Bloomberg has made no effort to curate this intelligently. Yes I know I can manually ignore certain keywords, but that's a pain and constantly evolves, it seems.
Curation is indeed paramount in the financial news industry, where much news is automatically regurgitated to generate page views/ad revenue.