Mixed feelings on this. In some ways, I quite like it. Certainly adds some more automation to the process and makes it simple. Nice UI. On the other hand, I am sure you are well aware of just how many amateurs lose money because they think they can actively manage and "play the stock market". My fear is that letting people make extremely, and these are extremely simple rules will make them feel even more in control a…
Could go for value based things, if P/E of S&P 500 is below 10 buy $1000 of ${ETF}
New Order - Blue Monday
Blue Monday was originally released in 1983 by the British Band New Order. It is the biggest selling 12'' of all time.
With 7 1/2 minutes it is one of the longest tracks ever to chart on the UK Singles Chart.
https://www.youtube.com/watch?v=FYH8DsU2WCk
Mixed feelings on this. In some ways, I quite like it. Certainly adds some more automation to the process and makes it simple. Nice UI. On the other hand, I am sure you are well aware of just how many amateurs lose money because they think they can actively manage and "play the stock market". My fear is that letting people make extremely, and these are extremely simple rules will make them feel even more in control a…
Could go for value based things, if P/E of S&P 500 is below 10 buy $1000 of ${ETF}
If you can come up with a systematic strategy in a one-liner, that gives you consistent, good risk-adjusted returns, let me know as I quite fancy being a billionaire.
Saying that, "Buy Low, Sell High" isn't a bad strategy ;)
Could go for value based things, if P/E of S&P 500 is below 10 buy $1000 of ${ETF}
If you can come up with a systematic strategy in a one-liner, that gives you consistent, good risk-adjusted returns, let me know as I quite fancy being a billionaire. Saying that, "Buy Low, Sell High" isn't a bad strategy ;)
Yeah, can't quite shake the feeling that if it was really that good, you'd just use it vs. (eventually) sell it.
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?
It's a shame that we can't move past this attitude on HN. Sure, it might be a difficult problem, but we learn nothing from "be afraid unless you are willing to be a full-time gambler."
What made these academics think they could beat the pros?
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?
Per day? That's a new one. Every brokerage I've ever used has fixed commissions for a trade, regardless of how long it takes to execute. The only edge case is a partial fill on a good till cancel limit order that causes the execution to spam multiple days. I think that might lead to multiple commissions but it's fairly u likely.
In no instance have I seen a fee for maintaining an open order. If anything they should pay you! You're essentially giving them a free option!
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?
At the end of the day, most individual investors feel a relationship with the brands and companies they love, and often times they express their support by buying shares. For any individual investor who owns single stock or likes do it themselves, there are very little tools to help you invest responsibly. Trigger is trying to take the emotion out of investing, as the pros do. As a former trader, this is the most imp…
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…
My first thought was that once trigger has enough users, some people might pay to get access to the rule database. That way you could predict what trigger is going to do under certain circumstances, or maybe what needs to happen for certain outcomes.
That's an interesting question because, IMHO, by formalizing my rules and externalizing them, I'm sharing critically important strategy information. If ever I'm protective of my data, this would rank highly, I think. EVEN if anonymized or aggregated.
how do you deal with many clients having the same trigger then all executing the same order at the same time?
if 50000 identical triggers fire at the same time trying to buy the same stock with market orders they're going to get a bad deal, and people selling are going to clean up
how do you deal with many clients having the same trigger then all executing the same order at the same time? if 50000 identical triggers fire at the same time trying to buy the same stock with market orders they're going to get a bad deal, and people selling are going to clean up
If you knew that 50000 identical orders of significant value were about to fly, you could make a huge amount of money.