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Show HN: My cofounder and I created a social platform for investment ideas

info.utradea.com

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Re: Show HN: My cofounder and I created a social platform for investment ideas

#41

Post by tqi »

the-dude wrote: post #40
tqi wrote: post #37

What is the plan to police/moderate the content to prevent scams? I think something like this works great when you know the people or at least believe that they have positive intent, but is hard to do right at scale (as WSB has experienced over the last few months).

Who is saying anything went wrong at WSB?

Annecdotally, I've seen a few posts complaining about the quality of the posts in the sub as new users have flooded in. But I haven't been paying attention long enough to know how true it is.

Re: Show HN: My cofounder and I created a social platform for investment ideas

#42

Post by mhb_eng »

rsp1984 wrote: post #4
stuartjm5 wrote: post #2

My co-founder and I came up with the idea for Utradea about a year ago when we realized that we loved discussing our investment/stock ideas and process. This expanded within our friend group, at least to people who were interested in the stock market. We thought it would be great to have a platform where we could have social interactions and combine it with core investment information/data. We didn’t like having to u…

Congrats, very well done! I look forward to trying this. Just curious: What framework are you using for the frontend? One feature request right away: Please offer a light mode. Dark mode is very tiresome for me to look at for longer periods of time.

Following up on the lightmode request. It's difficult to switch from income statement to cashflow or balance sheet because the menu is dark text on dark background. Additionally, you may want to add some spacing between % return and current price in the top leaders section to improve visuals for stocks with prices > $1,000.

Re: Show HN: My cofounder and I created a social platform for investment ideas

#43

Post by GloriousKoji »

the-dude wrote: post #40
tqi wrote: post #37

What is the plan to police/moderate the content to prevent scams? I think something like this works great when you know the people or at least believe that they have positive intent, but is hard to do right at scale (as WSB has experienced over the last few months).

Who is saying anything went wrong at WSB?

Ignoring all the criticism regarding retail traders from outlets, there's a whole history of it being abused by mods for personal gain as well as the literal bots.

Not too long ago one of the mods created a fake account and posted fake Tesla gains in attempt to manipulate the market as well as monetize the sub for a scam company.

More recently some mods tried to monetize the whole sub with movie deals and other media venues. The reddit administrators ended up nuking a lot of mods include one who was doing actual moderation and was good for the community of the sub. (The one mod was later reinstated by Reddit)

Separate from all the mod issues is the large amount of astroturfing that went on. All too often tons of newly created accounts were posting trying to create hype around some stocks (suspiciously Chinese owned companies).

Re: Show HN: My cofounder and I created a social platform for investment ideas

#44

Post by GloriousKoji »

lgas wrote: post #39
heyheyhey wrote: post #35

Earlier quoted context omitted.

I prefer the icon menu bars with text underneath the icons. iOS Apps use this a lot: https://developer.apple.com/design/human-interface-guideline...

FWIW the icons do have text labels and even descriptions when you hover over them.

I'm hovering with my finger on my phone and I don't see text labels. /s

Re: Show HN: My cofounder and I created a social platform for investment ideas

#45

Post by marketgod »

What really needs to exist as ideas don't matter and execution does.

Let me sign in, hook my brokerage, then just track me versus the rest.

If you like what I am doing, let you follow me for a percentage of profits I want, and the system auto executes the trades I am making in your for you.

Re: Show HN: My cofounder and I created a social platform for investment ideas

#46

Post by jchin »

marketgod wrote: post #45

What really needs to exist as ideas don't matter and execution does. Let me sign in, hook my brokerage, then just track me versus the rest. If you like what I am doing, let you follow me for a percentage of profits I want, and the system auto executes the trades I am making in your for you.

Reminds me of eToro's "copy trading." https://www.etoro.com/en-us/copytrader/

Re: Show HN: My cofounder and I created a social platform for investment ideas

#47

Post by holler »

joadha wrote: post #32
jsomau wrote: post #29

This new wave of social investment platforms is really exciting. Stocktwits is just noise. I'm still shocked Twitter hasn't capitalized on cashtags by at least showing market data. I've recently been a big fan of Commonstock: https://commonstock.com/ it actually allows you to link your broker through Plaid and shows a leaderboard based on actual % gain on positions. That said, I like you bringing more competition to…

Twitter is crawling with scammers and pump-n-dumpers. It's impossible to use it for investment talk. You spend all your time blocking people, and ticker hashtags are abused by people selling their discord channel or other crap. Also, if you express negative emotion toward a stock, its investors go out of their way to dox you or harass you. I had to set my account to "protected" because of this. Twitter missed out on…

Interesting insight! Do you use Stocktwits? I see a lot of the same issues you describe with people abusing the cashtag & spamming their discord channels. Working on a new discussion site and I'd like to attract a community of people interested in stock/RE/investment etc.

Re: Show HN: My cofounder and I created a social platform for investment ideas

#48

Post by fsn4dN69ey »

How does this compare to Iris? I've seen that pushed more heavily within the finance/wannabe finance community. Otherwise, great product! Love the design! Should consider partnering with the bigger instagram accounts - litquidity, trustfundterry, etc to push it further and get some more adoption.

Re: Show HN: My cofounder and I created a social platform for investment ideas

#50

Post by rabuse »

GloriousKoji wrote: post #44
lgas wrote: post #39

Earlier quoted context omitted.

FWIW the icons do have text labels and even descriptions when you hover over them.

I'm hovering with my finger on my phone and I don't see text labels. /s

How is this sarcastic? I hate when info like that isn't accessible on mobile devices.
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