Trigger
Finance and crypto
stock trading alerts
SHOW HN2016
How HN took it
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 HNMixed 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 HNAwesome 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 HNhow 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 HNMixed 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 HNEvery 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 HNwhen 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 HNJust 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
do you have integration with IB ?
tmaly on HN
Webhooks and API
From 2 comments
Are webhooks planned?
fiatjaf on HNQuantopian 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 HN2 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 HNThat'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 HNFor 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