toro

Finance and crypto

stock trading cli

SHOW HN2020

Legend

toro

Trade stocks from the command line with no commission

gitlab.com

#stock trading#command line#alpaca api#commission free trading

551points
166comments
#34of 3,028 in 2020
Top 2%of 2020 by points

How HN took it

CuriousMostly questions and neutral comments

4 positive, 18 neutral or asking, 1 mixed, 12 critical, out of 35 comments about the project. Thread score -0.24.

Idea: 2 for, 3 againstExecution: 0 for, 4 againstPricing: 0 for, 1 againstPerformance: 0 for, 1 againstDocs: 0 for, 1 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

  • Alpaca API is well designed and easy to code against

    From 1 comment
    • Alpaca is great! As far as brokerage APIs go, theirs is top notch and a breeze to code for. The founders are also really responsive and helpful. I know this because I wrote an…
      bwood on HN

Objections

  • Alpaca is US-residents only, so the tool is unusable elsewhere

    From 3 comments
    • Alpaca is US-residents only unfortunately
      kyriakos on HN
    • Alpaca is very interesting, I've been following them since the beginning. The sad thing is that I'm not from the US and it's still not available for residents of my country…
      matiasb on HN
    • (Disclaimer that I'm working on an open source FIX engine in Lisp.) This is a really cool project! But alas I couldn't use it as I'm not in the US, and I don't trade with Alpaca.…
      srazzaque on HN
  • Commission-free trading hides costs via payment for order flow

    From 2 comments
    • You should know in general, though, that no one trades "for free" despite what brokerages say. Your order gets routed, delayed, placed differently, and while you may not…
      supernova87a on HN
    • FYI: "With no commission" is a bug, not a feature. Typically, when you pay commission, you get better prices. Let's say you buy 100 shares of SPY at Interactive Brokers. You pay…
      vijucat on HN
  • Command line is a poor interface for trading

    From 2 comments
    • This is a terrible use-case for the command-line.
      vfg1234 on HN
    • This is a terrible use-case for the command-line. One of the worst ideas I have come across.
      vfg1234 on HN
  • Install failed on macOS due to keychain dependency warnings

    From 1 comment
    • go install doesn't work @anegri # github.com/keybase/go-keychain cgo-gcc-prolog:203:11: warning: 'SecTrustedApplicationCreateFromPath' is deprecated: first deprecated in macOS…
      noloblo on HN

Requests

  • Support Interactive Brokers

    From 1 comment
    • Would be nice if the author will add more popular Interactive Brokers[1] support. Alpaca is US bounded and seems not going to change this. [1] https://www.interactivebrokers.com/
      xvilka on HN
  • Support 1 second bars

    From 1 comment
    • A problem I've bumped into with Alpaca compared to other services is my bot needs 1 second bars, and I believe Alpaca goes down to 1min bars and nothing smaller.
      proverbialbunny on HN
  • Support OCO orders

    From 1 comment
    • Can this do OCO orders and sequences? If it can’t then it’s kind of useless.
      xwdv on HN

Questions

  • How does Alpaca offer free broker services and what is the business model

    From 2 comments
    • I don't get it. How does Alpaca offer free broker services?
      posedge on HN
    • Ok, but what's going to be your business model if you don't charge commission?
      lawrenceyan on HN
  • Can assets be transferred out without ACATS transfer and capital gains

    From 1 comment
    • My main FUD with alpaca.markets is the ability to transfer assets in/out. It doesn't look like they offer ACATS transfers (although there's not much info on this!). Using them…
      LethargicStud on HN

Alternatives named

  • Interactive Brokers

    From 2 comments
    • Would be nice if the author will add more popular Interactive Brokers[1] support. Alpaca is US bounded and seems not going to change this. [1] https://www.interactivebrokers.com/
      xvilka on HN
    • Since you’re not from US, what trading platforms do you use? I haven’t found any with free commissions and public APIs in the EU. Well, except for Interactive Brokers.
      klohto on HN
  • wallstreet charts and quotes library

    From 1 comment
    • You may also like https://github.com/madnight/wallstreet just to get the charts and quotes
      tutfbhuf on HN
  • Robinhood and TD Ameritrade APIs

    From 1 comment
    • (Disclaimer that I'm working on an open source FIX engine in Lisp.) This is a really cool project! But alas I couldn't use it as I'm not in the US, and I don't trade with Alpaca.…
      srazzaque 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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