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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

#91

Earlier quoted context omitted.

interesting: given that it may at any time hit that line of GPL'd code, your claim is that the rest of the code can be MIT licensed? i am not a lawyer but that sure seems like a borderline case at best.

The author can licence their source code however they want. The GPL doesn’t relicense other code either, it’s that the GPL asks you to additionally follow its terms for the whole resulting compiled distribution

This is incorrect, and it's precisely for this sort of situation that the LGPL exists.

https://www.gnu.org/licenses/gpl-faq.html#IfLibraryIsGPL

The problem for the author in this case is that a) writing their code against a GPL'd library constitutes creating a derivative work, and b) putting it on GitHub is distribution.

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

#92

Earlier quoted context omitted.

I'm OK with it so long as it's something on GitHub, useful, and you can drop in replace it.

I am OK if it is something directly relevant to the topic and it is presented in a direct manner, but no, 99% of the time it is some disingenuous thing like this: "Hey guys you are talking about nuclear engineering, that made me wonder how fishes in my zone would be affected by a nearby nuclear plant . I use allmyfishes.com which seems to be a great site detailing all the fishes in the US, there is a free tier and go…

And it just happened again, in this same thread:

https://news.ycombinator.com/item?id=26260064

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

#93

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.

anyone can sign up for real-time data through many different providers of various quality. viewing real-time data and storing it on a per tick are two very different things. most software doesn't save it real-time. historical data is also requested from a provider as needed

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

#94

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, a…

I think you’re right about rsi, macd, etc but sma, ema, alpha, beta and sharpe are essential to look at before buying any stock imo

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

#96

Earlier quoted context omitted.

I'd recommend Investopedia to learn more about those terms. As someone with a robotics background, I used Investopedia extensively when I was taking Machine Learning for Trading (would highly recommend the course as well: https://www.udacity.com/course/machine-learning-for-trading-... ) if that's something you're interested in.

One more nice thing about Investopedia: they have recently restructured their newsletter ("one term a day") to include references to current events. That is really nice because it not only gives you something to learn but it also puts it in context.

I was curious so I found it: https://link.investopedia.com/join/53o/00-house-tod

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

#97

Should probably rewrite it in rust, to solve the markets memory leaks, otherwise everything will keep going up.

I realise this is a joke but there are economic reasons to expect stocks to go up in real terms on average in the long term. Investing in the long term is not a zero sum game.

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

#98

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…

Does it have the chat feature as well?

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

#100
post #89

Earlier quoted context omitted.

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

This right here except a mil is an understatement

I'll throw up a site and try it.

By the looks of it that would be fine right?

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