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by jamesaguilar 4259 days ago
I thought that yummyfajitas' point was that fundamental analysis doesn't work, like all public forms of stock market analysis. Financially illiterate people are even less likely to understand that, which means that making the "insights" accessible is actually worse for the user than having them not be accessible.
1 comments

Roughly what I was saying. I don't actually think all forms of analysis don't work, and I currently run a strategy I do think works. Note the strategy involves no web design or pretty colored boxes. I run it like this:

    $ python compute_trades.py
Then I manually enter the results into my broker.

However, you are correct that I believe accurately communicating dubious information is nothing more than duping credible idiots with pretty web design.

Out of curiosity, where does your script get data (prices and whatever else)?
Quandl for now, but fairly soon I'll be collecting realtime prices from interactive brokers.

(My strategies generally run on a daily basis, so daily data is good enough for that. But soon I'm going to switch to a full algo strategy, which will require realtime data to backtest.)

Thanks for your response! Good luck.