aka_suje

I've seen a ton of websites use highly influential figures in mockups for years now so perhaps Parody law has some leeway? Anyways I plan to change the mockups whenever I get some time just to be safe.

Hmm, the website loads for me still. Not sure if more people are having this issue.

From what I understand Repool is a formal way for anyone to start their own fund and manage other people's money. This has a lot of legal stipulation and overhead. OnlyTrades on the other hand is just a one-click way to share with others what people already do over text, Twitter, and Discord. You aren't managing anyones money nor providing explicit financial advice. Just sharing your own trades in real-time to followers which is entirely legal.

I think OnlyTrades serves more as a tool / data point for investors by helping them answer questions like "what are others investing in and when are they buying/selling?" vs. Repool's goal of can I let someone else manage my money (which you can just do on eToro tbh).

I like your point on community being potentially valued more than the trades themselves. One of the biggest issues I've seen first hand in these Discord communities however is the server admins constantly lying about trades/gains or selectively choosing to show the ones that win. This created a dishonest and honestly quite counterproductive environment to learn from. The goal of OnlyTrades was verified data (yes with the caveat that the trust part is on the creator to build).

Perhaps this could also just extend into a Discord webhook where creators/mods can get a live stream of their trades into the channel. This might be the best of both worlds.

And lastly, yes. I agree that index funds are the best way to invest but trading & stock picking is fun. There's always going to be a large segment of the population that's going to try it and want as much information to help them make money.

Great questions and here's what I was thinking:

- I'm not providing stock recommendations to you nor am I providing personalized investing information. Everyone has access to the same information on the platform and sees the same trades unlike financial advisors.

- It's not setup to auto trade at the moment (and likely won't be in the future) for that edge case in specific. You have the option to click on the trade, and replicate it in your own brokerage.

- Agreed that this can have influences on the market like we saw in r/WSB. I think the more optimistic approach here however is this being another source of insight to help you make investing decisions. E.g. "I'm considering buying $XYZ. Who else owns it that I follow and trust?". This information is verified too so it's not like Reddit where people have the ability to lie and post whatever they want.

Would love to learn more about your public/private account play/scheme. Can I DM you to learn how it worked? I figure that the volume needs to be quite high no?

I can totally see that.. I'll play around with some other naming options

Great question! Here's my take on both points:

- Let's say an investor makes $10k a month trading. They can leverage their performance and share their existing portfolio with others for $10/month (keep in mind many people pay hundreds for access to investing Discord servers monthly). If 500 people pay to follow them (on the lower end if the platform succeeds), they make an additional ~$5k (50%) with no additional effort and risk.

- This isn't like Reddit, Twitter, etc where people can "fake" trades and post whatever they want. All trades and content originates from the user linking their existing brokerage so all the trades that were made are verified and actually happened.

Let me know if this makes sense

Any specific feedback on why it's a bad tagline? Is it the negative perception of OnlyFans?

What are your thoughts on "Substack for Investing".

The relation to OnlyFans is in the private subscription model. It seemed like the easiest way to communicate the idea but open to suggestions here.

Public does let you follow people for free but that removes all incentives for any actually profitable investor. After all, why would you share alpha for free? OnlyTrades solves this by providing an incentivized platform for experienced traders to share their portfolios. You can make more money doing what you already do, with no extra effort.

On top of letting anyone share their portfolio, we have some fun established figures you can follow for free on the platform like Pelosi. We keep track of their positions in real-time. You're right though in that using Pelosi or Dorsey as mock users on the screenshots might not have been an optimal choice - I'll change those!

Really appreciate the feedback!

For context, I was stuck indoors (thanks Omicron) and wanted to build something to help my friends who wanted to try active investing. I built a basic version of this app on the side a while ago but ended up dropping it due to "work". Given the relevance of investing these days I picked it back up and finished it. Hopefully Apple approves it quickly and it's on the App Store soon .

How it works is simple.

For those looking to find alpha: - Search for investors you want to copy and follow them - Get notified in real-time whenever they make a trade - If they charge a monthly fee, we let you pay with your credit card through stripe and bill you automatically each month - Memberships can be cancelled before the 15th of each month

For those looking to share alpha: - Connect your brokerage with Plaid on our platform and set your monthly rate (if you choose to charge people) - Link your bank account info and get paid out monthly - We take a 10% cut to help with platform costs and processing fees

I tried to make this app as lean as possible to keep it clean & simple. If you have any questions, I'm happy to answer them! If you want to collaborate and improve this project, let me know!