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stuartjm5
searching PlanetScale…
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Show HN: We Created a Platform for Investment Ideas and Insights
(utradea.com)
1 points
by
stuartjm5
5y ago
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1 comments
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stuartjm5
5y ago
Hi Everyone, I posted about our startup, Utradea, few months back and wanted to share our progress and updates since then (original post - https://news.ycombinator.com/item?id=26893096 ) Also - thank you to all the people wh
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My co-founder and I created a social platform for investment ideas **update
(utradea.com)
1 points
by
stuartjm5
5y ago
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1 comments
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stuartjm5
5y ago
Hi Everyone - I posted about our startup, Utradea, few months back and wanted to share our progress and updates since then (original post - https://news.ycombinator.com/item?id=26893096 ) Also - thank you to all the people w
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stuartjm5
5y ago
Yes, right now we are leaning towards broker integration so users could stay with their existing brokerages. We want to make it easy for users to find an investment idea, validate it, then place a trade without leaving Utradea
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stuartjm5
5y ago
Thanks for letting me know. It is our first time creating something like this so the feedback and suggestions are super helpful.
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stuartjm5
5y ago
Thanks for letting us know! We want you to enjoy using the platform and the feel/experience is critical.
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stuartjm5
5y ago
Thanks for the feedback - we love TradingView for charts and technical but it can sometimes be overwhelming, especially for newer investors.
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stuartjm5
5y ago
That 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 buil
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stuartjm5
5y ago
The biggest difference is that eToro is copy trading based and Utradea is investment idea based. We let users make their onw investing decision, you don't have to copy another persons trades as you would with eToro.
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stuartjm5
5y ago
Lol, maybe from a year ago before it was overrun by bots. There used to be some quality investment ideas on the sub
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stuartjm5
5y ago
Good question, AlphaSwap is operates on a reward based system for investment ideas/content that factors in both community consensus voting and performance of the idea. We are more focused on the social engagement aspect of bringing inv
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stuartjm5
5y ago
Agree with the point about stocktwits - not the best place for investment quality investment content or discussions. Let me know if you have any suggestions on things you'd like to see.
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stuartjm5
5y ago
I'd say the biggest difference is the content. We are aiming to provide people with quality investment content (more detailed/informative write ups) whereas Iris seems to be more similar to StockTwits or twitter. Agreed, in the pr
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stuartjm5
5y ago
Thank you - updated the link
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stuartjm5
5y ago
Thanks for the feedback. Yeah we are trying to balance relevant information vs information overload I've found that on a lot of finance related sites there is too much info on one page.
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stuartjm5
5y ago
yeah, that's a good point and something we've had on our minds since day 1. Our overall principle would be to let the community self-moderate to an extent. I believe most of the content that is spam or pump/dump would be flag
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stuartjm5
5y ago
Thanks for providing a bit of history and principles for UX design. It's a valid point, we wanted to come up with something that was unique and intuitive with our icons but it makes sense that people have different perceptions or assoc
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stuartjm5
5y ago
If you're interested I'd like to connect and learn about your plans for a discussion site. I think there is significant demand for retail investors looking for a quality community to learn and invest with.
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stuartjm5
5y ago
Yeah, I agree - Commonstock is a nice/minimalist platform and the ability to see and investor's portfolio is useful. The issue I see right now with commonstock is that they are heavily reliant on twitter for content - which can be
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stuartjm5
5y ago
I appreciate the feedback - that is a valid point to consider and we will look at adjusting the font weight.
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stuartjm5
5y ago
Thanks checking it out and the feedback. I would say eToro is more focused on copy trading as opposed to investment ideas/content and letting the user decide on what they are going to invest in. It is a bit similar to SeekingAlpha but
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stuartjm5
5y ago
SumZero is focused on Finance professionals. People who are working in the industry as their main job. WE are providing a platform for retail investors so we are targeting a different demographic.
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stuartjm5
5y ago
Yeah that's a good point, we did want to make it easy for people to go back - might be a bit redundant. We are launching an app soon which will be better than mobile site browsing.
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stuartjm5
5y ago
Good catch, I will update menu background and at some spacing for the leader section. Thanks!
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stuartjm5
5y ago
Thanks for checking it out - we are using React. We made the design decision to go with Dark Mode off the bat. I see where you are coming from, we have had a few people mention that.
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stuartjm5
5y ago
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 t
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Show HN: My cofounder and I created a social platform for investment ideas
(info.utradea.com)
157 points
by
stuartjm5
5y ago
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100 comments