I thought about this a lot. Initially, I wanted phone authentication, but decided to do that next time when the problem arises. Then I realised that the goal of this is long term investing, I.e. 3-5-10 years. I doubt these “return miners” can do so over the long term while writing good insightful posts on their positions to build enough reputation to thrive on the platform.
But then again, it’s still possible to maintain two to three accounts running different strategies. And so moving forward, I’d either try phone auth or Stripe’s identity verification.
(1) yes high commissions are designed to promote long term holdings (hence the name of the platform). I’m still trying to figure out simulated taxes.
(2) hmm, do you mind elaborating? For me, it’s not an exact replica of my personal portfolio, but moving forward it should be a relatively good proxy to it.
(3) I think the commissions itself will eliminate profits from minor arbitrage, but large deviations are possible to arbitrage successfully. Thanks for this, I’ve added a ticket to solve this issue. Will implement open market timings for trades.
(4) Search is far from optimal for now... super rough MVP. Will improve of course.
You’re right. Currently high frequency trades are penalised by commissions which has a fixed component. I’m still banging my head trying to figure out a simulated tax environment, but I’ll get it done.
The goal is to make it as perfect as it can as an imperfect proxy to investor skill.
It does not as of now, but I’ll be working on shorting soon. The goal was to initially find good long term companies to invest in.
Regarding the verification email, I’m using Firebase Auth now, will figure out the cause. Thanks for letting me know! Have you tried resending the verification email?
Actually, I'm not selling anything. The authors themselves get to sell subscriptions to their readers when they gain reputation. Yea, it's fictional, but hopefully it will be a better proxy to their value as compared to outright selling a newsletter subscription.
Plus, authors can only start selling subs after 6 months, and no one would subscribe if their ideas are bad. I'm trying to build a skin-in-the-game kinda system as much as I can with the constraints that I have.
Might need to work on my copy since you didn't get it. :(