xaevir
xaevir on Hacker News
Posted by
xaevir on Monday November 25, 2013 @06:55PM
from the ask-hn dept.
Is there a company that creates a reviews app that I can plug into my site, something like Disqus. I believe a heard about a company like this that got funded while back. I tried google and angels list and came up empty. So does this exist? If not is there a company that I refer my customers to that has a review system similar to amazon? If not is there a company that I refer my customers to...
> If you are teaching specific execution mechanics (market making, rebate capture) then it makes no sense to run the system from a proprietary infrastructure
What you are mentioning above, seems too complex. If this concept were to grow more, I would focus on elements from Discounted Cash Flow.
the reason I dont like paper trading systems is one bc without real money transacted, I cant make money and two bc I think having some skin in the game changes everything. But I realize after talking to you that this may be an unrealistic dream.
I have a b.s. in finance and I still do not understand how to invest and years ago I was ripped off by a penny stock. I wanted to clean up the otc market by applying the broken window theory bc I believe it does not have to be as wild, and at the same time teach basic investing. I do not know it my desire to teach investing in realistic however. Anyway, if I were to do it, I would want to do it by emphasizing a qualitative factor, specifically the companies strategy for growth and then ratios that support this strategy.
I am not sure DMA is my best route (not to mention 10k min balance to start for Interactive Brokers). So if its ok with you, I will try to explain what I would like to do and maybe you can point me in a direction.
I would like to create a game that teaches beginner investors how to invest with real money by looking at a company's strategy and basic financial data. To do this, I would like to use the otc market and about 50 companies that I will provide analysis on. I would like the transaction cost for the trades to be low, as low as possible to reduce barriers to entry in playing the game. So maybe with 5 dollars you could buy stock and start playing. If it would make sense and be more cost effective, I would do non-realtime trades, and maybe just run a batch of orders once per night.
Do you think DMA is my best move? Is there another option that might be better? Thank you.
Thank you for being so kind while the market is still open. I am researching DMA now. If I have questions its great to know that I can get some guidance from you.
Or, better yet, you just taught me a new term called DMA which I can now google and get to understand better. Are there other terms I could be googling to find this solution?
Could you list one of the larger banks or boutique firms that allow this?
Posted by
xaevir on Wednesday March 30, 2011 @01:44PM
from the ask-hn dept.
I realize the selling of stock is highly regulated. However, is it possible to use an existing broker's api? I am thinking something like paypal but for stocks? If thats not possible, is there some other way to do this without incurring more costs than a startup could handle?
Do you think stackoverflow would answer it? I too find this an interesting question