no not algo trading; sorry if my post was unclear. To clarify, by long term investors, I don’t necessarily mean long term investments. And when I say traders, I really mean day traders.
I am thinking of the retail long term investor who is stepping outside the safety of mutual funds; looking to embark on their quest to generate outsized returns by direct exposure to stocks. This is what I refer to as the modern retail hobbyist investor.
My anecdotal observation is that there is a large section of such people who partake in the market (perhaps from influencers operating in bad faith); but end up losing money (when the rising tide that lifts all boats subsides) and are turned away permanently.
They could use better tooling to help them with –
- risks to consider while buying something.
- when to consider selling something they hold.
- be aware of sectoral risks or concentration risks
and many more…
To be able to build any form of this that will scrutinise trades and decisions with information; will require context on an investors holdings; this means apis. Which is in conflict with legitimate algo trading concerns.
I wanted to see if there is a space to have a conversation on opening up api’s in a way that doesn’t let algo trading in.