Trigger

Finance and crypto

stock trading alerts

SHOW HN2016

164points
113comments
#193of 2,264 in 2016
Top 9%of 2016 by points

How HN took it

CuriousMostly questions and neutral comments

6 positive, 26 neutral or asking, 2 mixed, 16 critical, out of 50 comments about the project. Thread score -0.18.

Idea: 2 for, 8 againstPerformance: 0 for, 3 againstDesign: 1 for, 1 againstPrivacy: 0 for, 2 againstExecution: 0 for, 2 against

The thread, comment by comment

Each row is a top-level comment and its replies, in HN's order. Select a cell to open that comment on HN.

positive neutral or mixed critical about another commenter or something else the maker

What HN said

What people liked

  • Clean, simple UI and easy concept

    From 3 comments
    • Cool app! my SO was asking me for something very simple to use, will ask her to give this a try. Is it required to be linked to an actual broker, or can you get limited messages…
      jxm262 on HN
    • Mixed feelings on this. In some ways, I quite like it. Certainly adds some more automation to the process and makes it simple. Nice UI. On the other hand, I am sure you are well…
      alva on HN
    • Awesome app! Great work, Rachel and congrats on launching. You guys rock!
      aditya on HN

Objections

  • Retail traders are at a disadvantage against HFT and algorithms; latency too high

    From 3 comments
    • There's a huge obvious pitfall with Trigger: information arrives several orders of magnitude too late vs. HFT. Investing in a style that mimics them but at hundreds (maybe…
      tedmiston on HN
    • > Hope that this helps though I realize I wasn't very specific! It does, thank you. The idea and execution thereof seems very slick, but I can't help shake how much of a…
      balls187 on HN
    • how do you deal with many clients having the same trigger then all executing the same order at the same time? if 50000 identical triggers fire at the same time trying to buy the…
      blibble on HN
  • Stock trading is gambling; triggers give false sense of control

    From 3 comments
    • Remember, the stock market is just gambling. Fancy tools and triggers just let you kid yourself you know what you're doing. Unless you do it as a full time job, you probably…
      chillydawg on HN
    • Mixed feelings on this. In some ways, I quite like it. Certainly adds some more automation to the process and makes it simple. Nice UI. On the other hand, I am sure you are well…
      alva on HN
    • Every single trade you place has several costs associated with it. Things like the direct cost to the broker, and the implied cost of half the current spread. I do not believe…
      chillydawg on HN
  • Risk of trading through a non-broker middleman

    From 1 comment
    • As far as I can tell, Trigger is neither broker nor advisor. Why a company that is none of those wants to touch my securities, I can think of no charitable reason for that. There…
      mmsmatt on HN

Requests

  • Android app

    From 2 comments
    • I really like the idea of the app. Unfortunately, the "Get Trigger on your phone" link takes you to the App Store, and my phone runs Android. I suspect an Android client is in…
      lewisl9029 on HN
    • when for Android?
      cjbenedikt on HN
  • Robinhood integration

    From 2 comments
    • Cool app! my SO was asking me for something very simple to use, will ask her to give this a try. Is it required to be linked to an actual broker, or can you get limited messages…
      jxm262 on HN
    • Just downloaded on the 6S. Nice UI but the app is a little buggy. Good Luck and awesome seeing a startup launching from Cornell Tech! Are you all planning on integrating…
      amendez on HN
  • Interactive Brokers integration

    From 1 comment
  • Webhooks and API

    From 2 comments
    • Are webhooks planned?
      fiatjaf on HN
    • Quantopian is awesome! We plan to release an API this summer for those who want to play with triggers and their brokerage accounts programmatically. Thanks!
      rachelita on HN

Questions

  • Is the data real-time and how much latency?

    From 2 comments
    • What is the latency of your data feed? How do you mitigate the latency between the stock exchanges, and the user's location + latency introduce via mobile devices? Thanks!
      balls187 on HN
    • 2 questions: a) Is the REAL real-time, or is it delayed? (If not delayed, who's allowing you to share real-time data for free?) b) Can I administer 100% of my configuration on…
      mistermann on HN
  • How is user data handled and sold?

    From 2 comments
    • This is neat, once IB is in I might try it :) How are you planning to handle the user data though (who set what trigger when, etc.?) -- will you be selling it (even if…
      xixi77 on HN
    • That's an interesting question because, IMHO, by formalizing my rules and externalizing them, I'm sharing critically important strategy information. If ever I'm protective of my…
      incongruity on HN
  • Does it support options?

    From 1 comment
    • Is it just stocks, or are options available/are they planned for the future?
      KZeillmann on HN

Alternatives named

  • Fidelity and Robinhood stop orders

    From 2 comments
    • I'm not terribly well-versed in stocks and trading, so forgive me if this is an obvious question, but: My broker (Fidelity) charges me something like $7/day/stock to keep a stop…
      Analemma_ on HN
    • For what it's worth, Robinhood allows free stop orders without any time limit.
      hellcow on HN
  • Quantopian

    From 1 comment
    • I really like the idea of the app. Unfortunately, the "Get Trigger on your phone" link takes you to the App Store, and my phone runs Android. I suspect an Android client is in…
      lewisl9029 on HN
  • Index funds as safer long-term investing

    From 1 comment
    • I work for a quantitative hedge fund. I program computers to trade securities for a living. On any given day, code that I have written trades hundreds of millions of dollars…
      qf303rjr3 on HN

Category, keywords, summaries and labels on this page were made by AI (Thread Reader v2) and not checked by hand. Each point links to the comments it came from.

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