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Community Blog Stocks Wizard: Your Guide to Navigating the Stock Market

Stocks Wizard: Your Guide to Navigating the Stock Market

This project is from team StocksWizard, which was awarded with the Innovation Award in the PolarDB Global Hackathon 2023.

This project is from team StocksWizard, which was awarded with the Innovation Award in the PolarDB Global Hackathon 2023.

Project Introduction

The Stock Market Trading Simulator (Stock Wizards) offers a simulation platform intended to help people understand how the stock market works. However, the program has several issues that make it challenging for users to make informed trading decisions, including incorrect pricing data, a limited number of stocks to choose from, technical problems, and insufficient risk management tools. Fixing these issues will enhance the user experience and make the simulator more helpful in educating people about the stock market. The Stock Wizard is a platform designed to help users understand the stock market and enjoy a simulated stock trading experience.

Its goal is to enhance the public's knowledge of stocks and investments while avoiding fraudulent applications. The simulator can assist traders in comprehending the mechanics of stock trading and devising better trading strategies.

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Project Value

  • Stock market understanding: This program helps both novice and professional traders to understand stock market trading mechanisms, and create better trading strategies.
  • Enjoyable trading experience: This program provides an enjoyable stock market trading experience and makes it easier to understand the stock market.
  • Real-time data: This program uses real-time data to provide a more realistic trading experience.
  • Protection from fraudulent applications: This program aims to avoid fraudulent applications and ensure that traders are not influenced by false information.

Solution

This program provides a practical solution for traders who want to understand stock market trading mechanisms and create better trading strategies.

Traders and investors can use the simulator to experiment with different trading strategies and investment portfolios. They can test their ideas without risking any real money, which can save them from potential losses in the real stock market.

Overall, the Stocks Wizard can help traders and investors improve their knowledge, skills, and confidence in the stock market, which can ultimately lead to more successful and profitable trading and investment strategies.

Technology Highlights

This project utilizes the following technologies:

  • Programming Socket: as the technology that will become the automated trading system engine.
  • Streaming Processing: after the stock data is released, the next step is a real-time filtering process where each data will be distributed either to customers or to the database as historical data. It also records the stocks at the end of the day.
  • Databases: as the storage for stock data, both historical and real-time, and also used as the storage for user data who will access the frontend.
  • Websocket Programming: as the real-time data connector that will be connected to the frontend.

Alibaba Cloud Products Used

About the Developer

We are a simple team in developing the StockWizard project, consisting of Fawzi Linggo, myself as the Backend & Kafka Developer, Rizky Faturriza as the Backend Developer, Muhammad Fahryan as the Technical Writer, and Rangga Syahputra and Bakti Parningotan Marbun as the Frontend Developers.

Developers POLARDB Hackathon Project Hub Competition PolarDB Global Hackathon 2023 AI Forward
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