Show HN: Trade stocks from the command line with no commission (gitlab.com)

Article summary

The article introduces a command-line tool for trading stocks with no commission using the Alpaca service. The tool allows users to buy, sell, and view stocks. However, the article itself is not available, and the discussion is based on the comments. The comments reveal that the tool has limitations, such as only supporting 1-minute bars, and that the author is open to adding new features.

Main themes

• commission-free trading
• Alpaca service
• automated trading
• data frequency
• non-US access
• revenue models
• leverage and risk
• alternative services

What commenters say

• Some commenters are interested in using the tool for automated trading, but are limited by the 1-minute bar restriction.
• Others are looking for alternative services that offer more frequent data, such as 1-second bars or tick data.
• Non-US residents face challenges in accessing commission-free trading services, with some countries having limited options.
• The revenue model for commission-free trading services is based on interest, payment for order flow, and securities lending, rather than commissions.
• Leverage can be beneficial for retail investors, but it also increases potential downside risk.
• Some commenters are skeptical about the benefits of leverage, citing the potential for increased losses.
• The Alpaca service has lax margin requirements, allowing users to borrow up to 2x their cash, but this also increases the risk of losses.
• Alternative services, such as Tradier and Interactive Brokers, offer API access and competitive pricing models, but may have their own limitations and restrictions.