Wow, what a beautiful platform with great UX. I'm a fan!
Thanks for letting us know! We want you to enjoy using the platform and the feel/experience is critical.
Show HN: My cofounder and I created a social platform for investment ideas
91–100 of 106 posts
Re: Show HN: My cofounder and I created a social platform for investment ideas
#92Earlier quoted context omitted.
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.
If you're interested I'd like to connect and learn about your plans for a discussion site. I think there is significant demand for retail investors looking for a quality community to learn and invest with.
That would be great! the site & my email are in my profile
Re: Show HN: My cofounder and I created a social platform for investment ideas
#93My 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…
What's wrong with Reddit?
For example, the Hardcore Berkshire Hathaway subreddit:
https://old.reddit.com/r/brkb/
That's discussion and news, with dozens of value investor moderators and thousands of members. The guy who runs it is a legend (u/100_PERCENT_BRKB).
Reddit has great investment communities.
Re: Show HN: My cofounder and I created a social platform for investment ideas
#94Earlier quoted context omitted.
Buy index fund, wait, profit. Not a secret and beats active traders every time.
No. It beats active traders most of the time. Many active traders vastly outperform it -- by over 2X before compounding -- over 20+ year periods, and not by luck. julian robertson, warren buffet, and ~100 of their proteges, as examples. Basically anytime a new understanding of markets which introduces the potential for profit is developed, there's a period of at least a decade or two when small funds can generate ext…
If you beat the market it is by luck. If there was a system everyone would use it, and then that would be the market.
Re: Show HN: My cofounder and I created a social platform for investment ideas
#95I think you can develop this into something cool. However I think the current idea is a bit too similar to eToro and especially close to what Seeking Alpha is. The UX is also very, very, overwhelming.
Thanks checking it out and the feedback. I would say eToro is more focused on copy trading as opposed to investment ideas/content and letting the user decide on what they are going to invest in. It is a bit similar to SeekingAlpha but we are focused on providing a better user experience and more focused on the community/social aspect. Regarding UX, would love to know if there is anything specific that you find overwh…
Love the idea, and great effort put in! My initial impression is the same, overwhelming UX. There's a lot of information and there with very little visual hierarchy, it's hard to decide where to look first.
I find https://refactoringui.com/ has some digest-able design stuff for us developers. I'm not affiliated with them, but I've been the same boat with product design.
For me the key was understanding what roles spacing, color, and font-weight play in building a hierarchy.
Edit: spelling.
Re: Show HN: My cofounder and I created a social platform for investment ideas
#96Please stop with the icon menu bars. It is 2021, and people are still doing this. Why. Just stop. Arrrgh. Anyway, I absolutely love this idea! I signed up and am poking around now. I think I already like this more than Benzinga, Stocktwits, SeekingAlpha, you-name-it.
Hello joadha, your first paragraph comes across as ranty and even arrogant (i.e. implying you are the authority on UX choices). You offer no valid support for your argument.
Hello xpe, I'm rather glad that it does.
I'm continually triggered by this horrible pattern that frustrates me and wastes my time.
In turn, I think it is arrogant of UI designers to assume that everybody will automatically understand what their icons mean, and that it's worth my time to repeatedly hover over them to get to things they should want me to find.
Re: Show HN: My cofounder and I created a social platform for investment ideas
#97Please stop with the icon menu bars. It is 2021, and people are still doing this. Why. Just stop. Arrrgh. Anyway, I absolutely love this idea! I signed up and am poking around now. I think I already like this more than Benzinga, Stocktwits, SeekingAlpha, you-name-it.
As phrased your suggestion to stop using icon menu bars is unhelpful. What should we be using instead and why?
Sorry I wasn't more helpful. See Jacob's reply. Keep doing what you are doing! No discouragement was intended.
Re: Show HN: My cofounder and I created a social platform for investment ideas
#98Earlier quoted context omitted.
Thanks checking it out and the feedback. I would say eToro is more focused on copy trading as opposed to investment ideas/content and letting the user decide on what they are going to invest in. It is a bit similar to SeekingAlpha but we are focused on providing a better user experience and more focused on the community/social aspect. Regarding UX, would love to know if there is anything specific that you find overwh…
Love the idea, and great effort put in! My initial impression is the same, overwhelming UX. There's a lot of information and there with very little visual hierarchy, it's hard to decide where to look first. I find https://refactoringui.com/ has some digest-able design stuff for us developers. I'm not affiliated with them, but I've been the same boat with product design. For me the key was understanding what roles spa…
Thanks for letting me know. It is our first time creating something like this so the feedback and suggestions are super helpful.
Re: Show HN: My cofounder and I created a social platform for investment ideas
#99Are you thinking of eventually merging social + trade execution like https://public.com/ ?
Yes, right now we are leaning towards broker integration so users could stay with their existing brokerages. We want to make it easy for users to find an investment idea, validate it, then place a trade without leaving Utradea
Re: Show HN: My cofounder and I created a social platform for investment ideas
#100What 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.
That is definitely one way to approach it. eToro (copy trading) already exists and commonstock is similar - you can see someone portfolio and % holdings but not their $ amount. We are focused on investment ideas, social engagement, and building a community.
How do you know the person's ideas are useful is my issue. With Reddit you have all sorts of comments, and you have no idea if this person is posting random ideas, or if they are actually good at what they do. The issue is who is going to engage here is my concern. StockTwits has it by stock which works and creates a conversation. Here the main page has daily stories, so the conversation has to occur right away.
Equating posts (news) with a change in price is not an investment idea. Most of the time, the news is counter to the way the stock moves in the short term. I think you need to find a way to differentiate yourself. The UI is nice and all the info available is great however I think you need a something to provide to your end user with respect to engagement/community, but news stories die so fast it's hard to create a conversation around that.