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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
by marketgod 5y ago
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.
- jchin 5y agoReminds me of eToro's "copy trading." https://www.etoro.com/en-us/copytrader/ https://www.etoro.com/en-us/copytrader/
- stuartjm5 5y agoThat 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.
- marketgod 5y agoHow 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.