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Created a free website that simplifies stock analysis
- _gsav 3y agoLink: https://name-redacted.com/ 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 my own r/wallstreetbets but with AI and statistics
- vmfunction 3y agoIs it libre/free source? https://github.com/name-redacted https://github.com/name-redacted Nothing seems to be there. Or it is just freemium.
- OmarShehata 3y agoIt appears to be his startup idea, so I imagine they're looking for ways to monetize this but it's not clear what the plan is: > I've been working on my startup idea for the past 2 months now. The idea is to provide data science tools to any retail investors regardless of their background. Everyone should have a fair chance to analyze the market and hopefully it makes the life of the user much easier. 8 months ago from: https://news.ycombinator.com/item?id=35222902 https://news.ycombinator.com/item?id=35222902
- stocknear 3y agoHi, yes that was the initial plan however, i thought why not make it completely free for everyone. The goal still remains to help small investors to bead the hedge funds
- stocknear 3y agoNope no freemium. Completely free whatsoever
- ale42 3y agoHow do you plan to cover the costs?
- stocknear 3y agoso far i pay everything from my own pocket. data provider, server, my own living expenses BUT i will probably add (*less) annoying ads and affiliate links similar like reddit to pay the bills and the servers :D. I have a research background that's why i strongly believe in free knowledge
- hyperliner 3y ago[dead]
- tnel77 3y agoI’d be happy to pay a bit for this tool. I love the UI. It would be awesome if ETFs were added down the road.
- stocknear 3y agoThanks, ETF,Market Index and cryptos will be added soon. So stay tuned :)
- deleted 3y ago[deleted]
- AnnoyedComment 3y ago[dead]
- djbusby 3y ago> Get full access for a more in-depth Stock Analysis >Sign Up for Free Why sign up if it's all supposed to be free?
- stocknear 3y agoA security layer for bots to not scrape my whole website and burning my server :D. You can use a fake email address if you want. I am not here to sell your data; that is Zuckerberg's job. Sorry for the inconvenience. Nevertheless everything is completely free. I just want to help small investors to fight the big hedge funds
- tnel77 3y agoFavorites lists seem to be the main reason, at least for now
- fasteo 3y agoMind sharing your data provider(s) ? Thanks
- stocknear 3y agohonestly i don't recommend my data provider because a year ago when i bought their license it cost me $700. Now they are charging me $2100 because of "inflation" with zero advantages or new perks whatsoever. That's why I don't want to advertise my provider.
- alphabettsy 3y agoMind sharing so I don’t use them then?
- insane_dreamer 3y agoLooks 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.)
- stocknear 3y agoThanks 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 :)
- AlBentley 3y agoSimply Wall St has and will always have a free plan ;) UI looks great though, nice work!
- stocknear 3y agoYes but the free plan is quite useless. You can only analyze 5 stocks. That's it!
- torlok 3y ago[flagged]
- stocknear 3y agoNope I'm not interested in your data. I am building several AI Trading bots that give clear signals for each stock on a daily basis. These signals are not 100 % correct. You should take a look at the backtesting result. I am very open about each model and stock performance.
- deleted 3y ago[deleted]
- tnel77 3y agoOverall, super cool! There are definitely some bugs to iron out. For example, multiple stocks just won’t load for me. If I happen to hit “favorite” on a stock that hasn’t fully loaded, it will make a new favorites list with just that one stock in it. Thank you for creating and sharing this tool! I look forward to using it and I’d be happy to test out features if you’re looking for volunteers.
- stocknear 3y agoThat makes me happy! Can you join me on discord: https://discord.com/invite/gQwuEARTK8 https://discord.com/invite/gQwuEARTK8 This bug that you mentioned I cant reproduce it :( I would love to create more features and tools for small investors. If you can help out as a volunteer that would mean a lot to me.
- slackerlol 3y agoImpressive compilation of data, a nice UI, and even a custom forum section? This is all really great stuff! How long did it take you, and what’s your end game with the site?
- stocknear 3y agoThanks you very much. I started to learn webdev a couple of months ago and I thought "learning by doing" so I started to code this website for fun and as a new challenge for me to learn new skillsets. The endgame of the site would be to help the poor/middle class in the stock market to actually make some profitable trades with the help of simple signals backed by statistics. A nice community where we can laugh and share our gains and losses. A community where the big hedge funds would be scared of because of the power of the 99 % :D. Thats the whole motivation of my journey
- jairuhme 3y ago> help the poor/middle class in the stock market to actually make some profitable trades This is great spirit, but the lower class would probably be better suited for simple index funds. Not that they don't deserve the possibility of higher returns from individual stocks, but it takes quite a bit of time doing proper research to find alpha. It would be a better use of time earning more money or learning about general personal financial management than trying to find the next Apple for a couple hundred dollar investment.
- stocknear 3y ago> This is great spirit, but the lower class would probably be better suited for simple index funds. I fully understand you. However, 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, there must be some way to stop it. Maybe AGI? In the meantime I will do everything I can to serve the poor/middle class to survive on better terms during these hard times.
- 3y ago
- colesantiago 3y ago"Created a free website that simplifies stock analysis" "Sign Up for Free" Why do I need to sign up for more, this is more like freemium? Also I use finviz.co and Yahoo Finance which doesn't gate financial information and is available for free with no signups needed.
- _gsav 3y agoA security layer for bots to not scrape my whole website and burning my server :D. You can use a fake email address if you want. Sorry for the inconvenience. Nevertheless everything is completely free. Well finviz and yahoo are well established companies where in my case it is a solo project. I want to make sure nobody is crashing my server while i am buying groceries. There is no team behind this project. Just me!
- jacek 3y agoSmall bug: The signup form didn't like when my password had special characters. Kept saying "invalid data".
- stocknear 3y agoThank you for the bug report :) I will fix it asap
- moneywoes 3y agowhy is signup required for a free product?
- stocknear 3y agoA security layer for bots to not scrape my whole website and burning my server :D. You can use a fake email address if you want. I am not here to sell your data; that is Zuckerberg's job. Sorry for the inconvenience. Nevertheless everything is completely free. I just want to help small investors to fight the big hedge funds
- HenryBemis 3y agoI 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?
- stocknear 3y agoNot 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
- optimiz3 3y agoWhat signals is the AI bot using? Just a mix of the TA indicators? I ask because price forecasting is a data modeling problem, and I'm skeptical of the bot's listed win rates. Unless one knows how their signals work (i.e. what real world market phenomenon you are modeling), there's no way one should trust that edge. Separately, if you breakdown other indicators like CCI you realize they are crappier versions of basic statistical methods like Z-scoring. Or that anything using a Wilders average is using a crappier EWMA, and then that anything using EWMA can be improved to be stationary by filtering out noise outside the passband of information you want to target. So I'm skeptical of the bot.
- stocknear 3y agoYes TA indicators a part of the feature vector space. However, so far the model uses 200+ features where I pick the best 10 features that correlates the most with the target goal. In the next version of the model I use more sophisticated features and architecture of the model to increase the win rate and minimize the loss.
- jzombie 3y agoAre you training a single model that's supposed to represent the entire market?
- stocknear 3y agoNo, 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
- jzombie 3y agoYeah, 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?
- Liuser 3y agothank you! - minor feedback, make the end URL case-insensitive for those that want to navigate by URL quickly eg: https://name-redacted.com/stocks/crm https://name-redacted.com/stocks/crm https://name-redacted.com/stocks/CRM https://name-redacted.com/stocks/CRM
- stocknear 3y agoThanks for the feedback. I will fix it :)
- willvarfar 3y agoAll I really want, and I must be blind because I can't find such a site or program, is to anonymously enter some dates and amounts that I brought stock, and see how that investment has be valued on the days since, and compared to alternatives such as mainstream index funds or top performers. Is there anything like that?
- stocknear 3y agoI'm not sure myself if this feature exist somewhere for free. However, it sounds very straightforward. I will add the feature to my website. Should be online by tomorrow!
- ak39 3y agoValuations are straightforward in a world without corporate actions like splits, consols, dividends etc. Most (all?) data providers rerate historical prices after corporate actions that affect prices and this is not really the correct way to do continuous valuations using the restated prices.
- jzombie 3y agoSome of them allow you to view adjusted vs. current pricing. Some of them also leave it up to the user to figure out if it's adjusted, so it does take some homework to figure out at times.
- ak39 3y agoIndeed. It's by no means "straightforward"
- stocknear 3y agoTrue, I forgot about the splits. But i still believe building a first version where the split is included is a good start for this feature. Later on we can add more advance features where we can turn on/off the split
- 3y ago
- vldmrs 3y agoAwesome and beautiful website !
- stocknear 3y agoThat means a lot to me. Thank you
- doubloon 3y agosignin with google does not work
- stocknear 3y agothanks for the bug report. I can't reproduce the bug. Google sign-in works for me. Anybody else who has the same issue?
- unnamed76ri 3y agoI like what you’ve done here but I’m confused by the AI Price prediction. It seems to show that the price could go up, stay about the same, or go down. That’s true of pretty much any stock. There must be something I am missing.
- stocknear 3y agoPrice prediction follows a gaussian distribution. The "Highest, Average, Lowest" are showing the value of the 68% confidence level.
- kali-rc 3y agoHey I'm just shocked and excited that someone from the neighborhood has started such an awesome project which I also had in mind. I also wanted to work with a friend to develop a robo advisor, I'm also new to the subject but I already have a bit of data science and machine learning experience. I will have a look at your website later and give you feedback. great happening! generated by DeepL, if you know what I mean :D reference to the same neighborhood
- stocknear 3y agoGlad you liked it. Im happy someone from the DeepL community from cologne liked the website. I would be happy to hear your feedback.
- pfzero 3y agoLast 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.
- stocknear 3y agoYep 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
- sakopov 3y agoDid you roll your own trading bot? What kind of trading strategies is it using to give buy/sell signals?
- fuidani 3y agoGreat initiative! It is really impressive how much you have accomplished in such a short amount of time and with limited resources. I am definitely going to explore your website further.
- stocknear 3y agoThank you, that means a lot to me
- skanga 3y agoCan you please add prices/dates/labels/ticks to the main chart on the overview page
- stocknear 3y agoFirst 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 :)
- dave333 3y agoNeat 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?
- stocknear 3y agoThank you! I will expand the rules of the stock screener further to include fundamental data as well as technical indicators :)
- dave333 3y agoThanks - 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 https://en.wikipedia.org/wiki/Technical_analysis