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xaevir

6 karma · joined February 7, 2011

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xaevir··on Ask HN: How could I sell stock online
> 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.

xaevir··on Ask HN: How could I sell stock online
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.
xaevir··on Ask HN: How could I sell stock online
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.
xaevir··on Ask HN: How could I sell stock online
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.

xaevir··on Ask HN: How could I sell stock online
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.
xaevir··on Ask HN: How could I sell stock online
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?
xaevir··on Ask HN: How could I sell stock online
Could you list one of the larger banks or boutique firms that allow this?
xaevir··on Ask HN: How do AirBnB, Etsy etc. handle payments?
Do you think stackoverflow would answer it? I too find this an interesting question