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Created a free website that simplifies stock analysis

news.ycombinator.com

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Re: Created a free website that simplifies stock analysis

#81

Post by pfzero »

stocknear wrote: post #56
pfzero wrote: post #54

Last time I tried building a software around stocks, the major pain I had was the lack of affordable APIs that would give quotes in almost real time. Almost all APIs I checked had a significant pricing. I'm wondering where does this website takes the data from and what's the price for it.

Yep this is one of the biggest bottlenecks for this solo project. I get my data from Financialmodelingprep which I do not recommend because of the recent price increase. But i gotta pay those bills to make a really good website for my users

I see, I never understood why quote data are so costly (read - aren't free).

So how does [name redacted] differentiate to others in the market - eg. Yahoo finance?

Re: Created a free website that simplifies stock analysis

#82

Post by stocknear »

pfzero wrote: post #81
stocknear wrote: post #56

Earlier quoted context omitted.

Yep this is one of the biggest bottlenecks for this solo project. I get my data from Financialmodelingprep which I do not recommend because of the recent price increase. But i gotta pay those bills to make a really good website for my users

I see, I never understood why quote data are so costly (read - aren't free). So how does [name redacted] differentiate to others in the market - eg. Yahoo finance?

We have memes :D

Re: Created a free website that simplifies stock analysis

#83

Post by stocknear »

HenryBemis wrote: post #50
moneywoes wrote: post #27

why is signup required for a free product?

I will also assume (I am not connected to the developer) that I/you/we will be able to save "favorites" and other functionality that would 'remain' in the profile (apart from the reasonable reasons the dev explains on his/her response). I (anyway) use single-use accounts for such services.. doesn't anyone?

Not exactly sure what you mean by "(I am not connected to the developer)"

< I (anyway) use single-use accounts for such services.. doesn't anyone? I have not problem if you create a fake account. As long as chinese/russian/iranian bots don't attack me I'm good :D

Re: Created a free website that simplifies stock analysis

#84

Post by stocknear »

insane_dreamer wrote: post #64
_gsav wrote: post #2

Link: https://name-redacted.com/ Note: THIS IS NOT AN AD- everything here is completely free and I make no money Overview: I was always frustrated about the stock analysis websites such as Simplywall.st where we have to pay money for a nice UI and all-in-one package where we find the most important stock data in one place. So I thought i can do it too but for free. Also I always liked memes and I thought let me make…

Looks good! Would it be possible to make it accessible without requiring a login? (Because the minute you see "sign up for free" it starts to smell like "free" as in "not actually free", like most websites.)

Thanks for the feedback. I feel you. I will try to remove it in the near future. The login is more of a security layer against bots scraping the website easily.

I will think about other free security layers to remove the login feature :)

Re: Created a free website that simplifies stock analysis

#85

Post by traceroute66 »

_gsav wrote: post #79
traceroute66 wrote: post #59

Earlier quoted context omitted.

> I strongly believe to beat the system where the rich people are flourishing too much and the poor are getting poorer everyday due to inflation You are digging yourself rapidly into a hole, please stop digging. The rich manage their money through capital preservation, investing for income not aggressive growth. Meanwhile you are promoting an aggressive growth strategy to the very people who cannot afford it. It will…

My goal was never an aggressive growth strategy. I am sure I never mentioned this once on my website. Rather I encourage my users to do due diligence for each of their stocks. And in this journey my website [name redacted] comes into the play where I provide high accuracy, free information to the public

> My goal was never an aggressive growth strategy. I am sure I never mentioned this once on my website.

Strongly implied given your defined target market.

"poor/middle class" combined with "AI magically generating buy signals" is only going to lead to one thing, people who cannot afford to take risks blindly following an AI bot that is highly-likely to be wrong.

You really need to ramp up the due-diligence messaging on your website. And you also need to ramp up the "bot is unlikely to be right" messaging too.

I wish you well on your endeavor, I'm just cautioning you against overselling the skills of a bot that you've just thrown a kitchen sink of data at in the hope that something sticks.

Re: Created a free website that simplifies stock analysis

#86

Post by stocknear »

First of all,

Thank you guys for the support, feature request and the bunch of bugs report that I received to make the website better.

Lots of you guys mentioned they don't like the concept of sign-up to the website when the information should be free.

I removed all barriers and you can now enjoy the website without signing up whatsoever.

The only reason to sign-up is to add stocks in your watchlist, participate in the portfolio tournament, share your memes, write a comment.

If there is anything else how to improve the website I would highly appreciate it :)

Re: Created a free website that simplifies stock analysis

#87

Post by [deleted] »

jzombie wrote: post #76
stocknear wrote: post #73

Earlier quoted context omitted.

No, I train each stock on a separated model to not interfere and make the dataset "dirty". Each stock has its own dynamics thats why i split each model

Yeah, that's how I thought it should be. Sounds like a lot of models you're building. Do you tune each one separately as well or do you find a base tuning and go w/ that?

[deleted]

Re: Created a free website that simplifies stock analysis

#89

Post by stocknear »

dave333 wrote: post #88

Neat site especially for free! Does the stock screener only allow rules based on fundamentals or can it use technical rules also like crossing moving averages and so forth?

Thank you! I will expand the rules of the stock screener further to include fundamental data as well as technical indicators :)

Re: Created a free website that simplifies stock analysis

#90

Post by dave333 »

stocknear wrote: post #89
dave333 wrote: post #88

Neat site especially for free! Does the stock screener only allow rules based on fundamentals or can it use technical rules also like crossing moving averages and so forth?

Thank you! I will expand the rules of the stock screener further to include fundamental data as well as technical indicators :)

Thanks - it looks like it currently has what I would call fundamental data - things like EPS - but not technical indicators - moving averages etc. see https://en.wikipedia.org/wiki/Technical_analysis
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