[HN Gopher] Show HN: My cofounder and I created a social platfor...
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       Show HN: My cofounder and I created a social platform for
       investment ideas
        
       Author : stuartjm5
       Score  : 61 points
       Date   : 2021-04-21 17:52 UTC (5 hours ago)
        
 (HTM) web link (info.utradea.com)
 (TXT) w3m dump (info.utradea.com)
        
       | slimeylimey wrote:
       | I'm curious about the idea of a social investment platform, if
       | someone gained a significant following on a platform like this
       | could they end up being charged with market manipulation? I can
       | imagine someone with a significant following on a platform like
       | this could potentially be able to have some small sway on parts
       | of the market.
        
         | high_byte wrote:
         | on eToro, the top investors have hundreds of thousands to low
         | millions under management. I think the top investor has 5m or
         | 10m under management which is the maximum allowed, I assume by
         | some regulation. meanwhile, billionaires drop billion dollar
         | trades left and right.
        
       | tschellenbach wrote:
       | Stocktwits/eToro are both quite popular.
        
         | stevewodil wrote:
         | If a signal to noise ratio could be negative Stocktwits would
         | be negative. Not even comparable
        
       | faldore wrote:
       | ok but you are missing the killer app.
       | 
       | 1) I wanna share my trades 2) I wanna do it automatically across
       | multiple brokerages.
       | 
       | think Tastyworks + Plaid + Facebook. for tracking all my trades
       | across all my brokerages. and social-media'izing it. (ie I and
       | other people can make comments on my trades) I can follow traders
       | I like and get notified when they make a trade. etc etc.
        
       | [deleted]
        
       | ab_testing wrote:
       | WSB lite ?
        
       | aqme28 wrote:
       | Some of the marketing implies that I could be "rewarded" by
       | picking stocks well. What are the rewards? How does that work?
        
         | uptown wrote:
         | Oh, well, knowledge is my reward, sir.
        
       | stuartjm5 wrote:
       | 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 use multiple websites
       | to connect all the pieces of information needed to make
       | investment decisions. There are some sites out there that focus
       | on providing investment information (Seeking Alpha), and other
       | that focus more on the social interaction of investing
       | (StockTwits).
       | 
       | Utradea is a social platform for investment ideas and insights.
       | It is built around the concept that people enjoy sharing and
       | discussing investment ideas. We built the usual social media
       | functions (comments, chat, like a post, etc.) and included
       | important investment data, charts, and a portfolio to help you
       | track your investments.
       | 
       | Thanks for checking it out!
        
         | voisin wrote:
         | How does it compare to SumZero?
        
         | rsp1984 wrote:
         | 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.
        
         | [deleted]
        
         | toss1 wrote:
         | Great idea and looks like very nice design at first glance --
         | I'll sign up and check out the customizations!
         | 
         | Thanks!
        
       | 101008 wrote:
       | What's the difference with eToro?
        
         | aqme28 wrote:
         | I just spent five minutes looking at eToro's landing page and I
         | cannot figure out what that site does.
        
       | stonlyb wrote:
       | Are you thinking of eventually merging social + trade execution
       | like https://public.com/ ?
        
       | failwhaleshark wrote:
       | Way better than https://halfbakery.com Congrats!
        
       | sergiomattei wrote:
       | Wow, what a beautiful platform with great UX. I'm a fan!
        
         | zeeshanqureshi wrote:
         | Came to comments to say this. Love the UX. Good luck with the
         | platform!
        
         | sidlls wrote:
         | I might post a similar comment, but it'd be very sarcastic. I
         | took one look and closed the tab.
        
         | shubik22 wrote:
         | +1 Great looking UI, good luck!
        
       | SilurianWenlock wrote:
       | who did your UI design and how did they do it? looks sexy
        
       | MattGaiser wrote:
       | How does this differ from AlphaSwap or the recently defunct Vetr?
        
       | werber wrote:
       | This is the first thing I've seen on here in a while that looks
       | original. I don't fully get it, but it makes me want to learn
       | more.
        
       | aqme28 wrote:
       | Your email verification is broken. It sends you a broken URL.
        
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       (page generated 2021-04-21 23:00 UTC)