Remember, the stock market is just gambling. Fancy tools and triggers just let you kid yourself you know what you're doing. Unless you do it as a full time job, you probably should not ever directly trade individual stocks. What do you know that the pros do not?
Show HN: Trigger – IFTTT for the stock market
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Re: Show HN: Trigger – IFTTT for the stock market
#22Remember, the stock market is just gambling. Fancy tools and triggers just let you kid yourself you know what you're doing. Unless you do it as a full time job, you probably should not ever directly trade individual stocks. What do you know that the pros do not?
That's quite a claim, where's the evidence to back it? There are funds[1] that have consistently beat the market every year for decades, their very existence disproves the gambling hypothesis.
> What do you know that the pros do not?
You're not playing the same game as the pro's so it doesn't really matter. Hedge fund/mutual fund managers are playing with millions/billions of dollars which requires massive liquidity and carefully planned entries and exits over a period of time in order to not move the price too much; that's a completely different game than what a retail investor plays and that means retail investors can chase profits in areas too small for the big guys to play in.
In other words, you don't have to beat the big guys, you're not fishing in the same pond nor playing the same game. Retail investors can enter and exit trades instantly without having to worry about liquidity or slippage, two concerns that dominate the big guys strategies. When you're small, you're nimble in a way the big guys can't be.
Re: Show HN: Trigger – IFTTT for the stock market
#23Hey everyone! I’m co-founder and CEO of Trigger Finance, which I’m thrilled to share with you today :) Trigger is simplifying the world of stock investing by reducing everything to an “IF THIS, THEN THAT” statement, called a ‘trigger’. You can create triggers to track all sorts of things happening in the market -- for example, if a stock drops suddenly, or if Apple announces earnings at a certain level, or if the Fed…
I really like the idea of the app. Unfortunately, the "Get Trigger on your phone" link takes you to the App Store, and my phone runs Android. I suspect an Android client is in the works? How about a web client too? In the mean time, I'd recommend interested non-iOS users to check out Quantopian [1], which is not nearly as simple and accessible, but gives you the power to do real algorithmic trading. [1] https://www.q…
Re: Show HN: Trigger – IFTTT for the stock market
#24Hey everyone! I’m co-founder and CEO of Trigger Finance, which I’m thrilled to share with you today :) Trigger is simplifying the world of stock investing by reducing everything to an “IF THIS, THEN THAT” statement, called a ‘trigger’. You can create triggers to track all sorts of things happening in the market -- for example, if a stock drops suddenly, or if Apple announces earnings at a certain level, or if the Fed…
Re: Show HN: Trigger – IFTTT for the stock market
#25Hey everyone! I’m co-founder and CEO of Trigger Finance, which I’m thrilled to share with you today :) Trigger is simplifying the world of stock investing by reducing everything to an “IF THIS, THEN THAT” statement, called a ‘trigger’. You can create triggers to track all sorts of things happening in the market -- for example, if a stock drops suddenly, or if Apple announces earnings at a certain level, or if the Fed…
Re: Show HN: Trigger – IFTTT for the stock market
#26Re: Show HN: Trigger – IFTTT for the stock market
#27Hey everyone! I’m co-founder and CEO of Trigger Finance, which I’m thrilled to share with you today :) Trigger is simplifying the world of stock investing by reducing everything to an “IF THIS, THEN THAT” statement, called a ‘trigger’. You can create triggers to track all sorts of things happening in the market -- for example, if a stock drops suddenly, or if Apple announces earnings at a certain level, or if the Fed…
do you have integration with IB ?
Re: Show HN: Trigger – IFTTT for the stock market
#28Hey everyone! I’m co-founder and CEO of Trigger Finance, which I’m thrilled to share with you today :) Trigger is simplifying the world of stock investing by reducing everything to an “IF THIS, THEN THAT” statement, called a ‘trigger’. You can create triggers to track all sorts of things happening in the market -- for example, if a stock drops suddenly, or if Apple announces earnings at a certain level, or if the Fed…
How do you mitigate the latency between the stock exchanges, and the user's location + latency introduce via mobile devices?
Thanks!
Re: Show HN: Trigger – IFTTT for the stock market
#29Are webhooks planned?