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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

#51

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…

You may want to add a Dockerfile.

Just pushed a really simply start of a Docker PR https://github.com/DidierRLopes/GamestonkTerminal/pull/13. Take a look and contribute.

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

#52

this is nice - it looks like it's linked against at least one GPL lib (fuzzywuzzy) though, so the MIT license almost certainly isn't allowed. looks like there's only one usage though, the other is an unused import, so may be easy to change

Diddums. Like anyone gives a fuck

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

#53

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…

[deleted]

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

#54
The only thing that this shares with the bloomberg terminal is that it can do equities and is on a terminal.

Sort of irks me because a bloomberg terminal can do so much more: level 2 data, trading capability, damn near instant news alerts, options, debt instrumentals + so much more

- and I get it, this isn't meant for that same crowd and this is pretty well flushed out for a retail investor. But the comparison with the bloomberg terminal is a bit of a head scratcher

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

#55
Those bloomberg systems could do video. There were people who made significantly more than beer money assisting dealing room people to watch otherwise not broadcast en clair games, on their terminal, alongside the stocks.

I was not one of them. I have spoken to people who were, many aeons ago in the days of kipper ties, wide lapels and double brested suits, with padded shoulders. Shiny suits.

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

#57

How does an everyday person get the real time market data that this would theoretically need to invest to compete with a Bloomberg terminal?

I'm not sure the everyday person actually can get or even handle real time data. I spoke to someone about 4 years ago who was doing it for their startup and they said they had serious problems handling the data volume. Talking about terabytes of data coming in per day. Typical DB systems fall apart under that kind of load.

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

#58

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…

if it doesn't come with an ISDA, I'm not interested.

"JP Morgan Employee : But, uh... you guys are under the capital requirements for an ISDA.

Charlie Geller : By how much?

JP Morgan Employee : [thinking] Uh... how much? One billion, four hundred seventy million. So... a lot.

Charlie Geller : This makes us look bad, doesn't it? That we didn't know what the capital requirements were?

JP Morgan Employee : Uh... it's not great. But keep up those returns and give us a call way down the line, you know. Okay?"

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

#59

I wish I was more literate in these subjects, some of these terms - I am not familiar with such as `sma, rsi, macd, adx, bbands`

They are terms relating to technical analysis, an attempt to determine future price action from past price action. Many traders look down on technicals as an attempt to read tea leaves while ignoring more important information. Myself included. Still, technical analysis can on occasion be a useful tool when making tactical decisions because people do watch certain levels, reversion and breakouts are real phenomena, and any widespread trading approach is at times a self-fulfilling prophecy.

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

#60
post #54

The only thing that this shares with the bloomberg terminal is that it can do equities and is on a terminal. Sort of irks me because a bloomberg terminal can do so much more: level 2 data, trading capability, damn near instant news alerts, options, debt instrumentals + so much more - and I get it, this isn't meant for that same crowd and this is pretty well flushed out for a retail investor. But the comparison with t…

Something like docoh.com will get you a bit closer, including instant alerts
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