Show HN: Stocker, what stocks to buy and when to sell
getstocker.com
getstocker.com
To convince me to spend $10 per month, you'd need to tell me how I can profit from using your service. You say there are alerts for when I should buy or sell - that implies some kind of algorithm that knows when a stock is underpriced or overpriced.
- Who created the algorithm, and what experience do they have with investing?
- What has been the performance of this algorithm over time? Does it beat buying and holding an S&P 500 index fund? (If you're selling an algorithm that's never been tested, why should I be willing to test it on my own investment portfolio?)
- Is the algorithm aware of tax implications (long-term vs. short-term capital gains)?
Also, there's no privacy policy. Potential customers are going to want to know if you're going do stuff like sell their personal information to a brokerage, etc.
Finally, there's a typo on the home page: "when you may should sell".
Yes, good point, probably we need to explain better the benefits.
It's not a very sotisficated algorithm: based in our own little experience (1 year and a half), ourselves would have liked to have a tool like this. The flow at that point is you set at what price you purchased the stock and then we'll alert you when the stock price reaches the estimated, updated target price and some variables (EPS updates, PER updates, dividends changes if proceed, news, etc.).
No, we don't have tested it yet. Since it detects the stocks in S&P 500 too, probably it would works in that way and also you can get more stocks like this (or better if proceeds).
About the taxes, and also the broker's fees for example, you can set up in the tracking portfolio and get the current net benefit, the remaining benefit and more.
No, the emails will be used only for remind them when the app is ready, we deployed this weekend and need to add more to the landing page.
Thank you again, feel free to post your comments or write us.