Trading Forum Idea
Hello all,
Recently came up with a business idea and want to know if people would actually be interested in the product.
Pitch: Forum for trading (day, quant, swing, etc…) that requires credentials and proof of investment of some sort. Also can be used to form connections (think if r/wallstreetbets and LinkedIn had a baby) Looking to start like Facebook on college campuses (currently an hs senior so will be attending college in fall) through investing clubs and whatnot. Just want to know if you guys think this is something you’d actually be interested in using or not before I put any effort in
Based on the most helpful WSO content, your idea for a trading-focused forum with credential verification and networking features could resonate with certain audiences, especially those serious about trading and forming professional connections. Here are some insights:
Niche Appeal: A forum requiring credentials and proof of investment could attract a more professional and serious trading community compared to platforms like r/wallstreetbets, which often cater to a broader, less formal audience.
Networking Potential: Combining trading discussions with networking opportunities (like LinkedIn) could be a unique value proposition. Many traders and finance professionals value platforms where they can exchange ideas and build connections.
Challenges:
Existing Platforms: Platforms like Wall Street Oasis already cater to trading discussions, but your idea of integrating networking features could differentiate your product.
If executed well, this concept could carve out a niche for serious traders and finance enthusiasts. However, consider testing the idea with a small group (e.g., your college investing club) to gather feedback and refine the concept before scaling.
Sources: IBP Institute Announces Investment Banking Professional (IBP) Credential, So I heard You Want to Start Trading?, Wall Street Oasis? More like Wall Street Mirage., WSO Hall of Fame: Trading Forum, Trading Strategy from a Trader's perspective
Lol clearly have never used the terminal
Correct I’m an hs senior but main target audience would be college kids which (correct me if I’m wrong) don’t have access to terminal
Got it. I mean if you want a random hobby then sure man do it but if ur trying to make money or go anywhere with it absolutely no shot. Competing with discord substack reddit etc etc - hear u that verification is differentiator but this def a tarpit
Think yc deleted original video but
https://www.ycombinator.com/library/LH-tarpit-ideas-the-sequel
Ok thanks for the advice. Ngl this idea solely formed because I watched the social network yesterday 😂
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