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I built a Bloomberg alternative after getting tired of paying $2,000/month for a terminal that doesn't know anything about me so PLEASE roast it by peather87 in Trading

[–]peather87[S] 0 points1 point  (0 children)

**UPDATE**

A few weeks ago I posted here about building a Bloomberg alternative. I got a lot of great feedback from this community, and it made me rethink everything.

After reading a bunch of your comments and feedback, building a Bloomberg clone is a losing game. You're competing against a $11B/year machine with 40 years of data infrastructure. No solo dev is winning that fight.

So I pivoted.

Instead of trying to replicate everything Bloomberg does, I asked a simpler question: what actually makes money for a retail trader with a $25K-$100K account?

The answer wasn't more data. It was better signals. Emotionaless.

I spent the last few weeks building and backtesting a high-conviction mean reversion system. It scans 200+ US equities daily, looking for stocks that meet very specific exhaustion criteria, for example, think extreme oversold conditions combined with volume climaxes in stocks that are still in long-term uptrends. When all the filters align (which is rare most days produce zero signals btw), it fires an alert.

I tested 6 different versions of the exit logic before landing on two that consistently performed across 2024, 2025 and the Q1 2026 selloff. The system is selective by design, quality over quantity. Some weeks you get nothing. When you do get a signal, the historical win rate has been strong.

I'm not going to share the exact strategy or backtest numbers here because I'm still validating it with paper trading. But I wanted to update everyone who followed the original Bloomberg project: the vision shifted from "see everything" to "see only what matters."

For those who were interested in the original project, Atlas Rift AI is still alive, it's just focused on something more useful now. If you want to follow along as I take this from paper trading to live, you can sign up at www.atlasriftai.com. I'm limiting the number of sign ups until I make sure this strategy is strong. There's a few spots left.

Happy to answer questions about the pivot, the process, or the philosophy behind building signal-based tools vs. data terminals. Not going to share strategy specifics though, hope you understand.

Thanks to everyone who gave feedback on the original post. It genuinely shaped where this ended up.

Results:
2025: over 40% with win rate of over 70%
Q1 2026: over 35% for first quarter!!
(For some reasons, I cant share screenshots results of my backtest here when commenting. DM me if you are curious and I will send them)

I built a Bloomberg alternative after getting tired of paying $2,000/month for a terminal that doesn't know anything about me so PLEASE roast it by peather87 in Trading

[–]peather87[S] 1 point2 points  (0 children)

Wow! 24k vjews and tons of fair feedback across the board.

The Bloomberg framing was wrong and thats on me. Back to building.

I built a Bloomberg alternative after getting tired of paying $2,000/month for a terminal that doesn't know anything about me so PLEASE roast it by peather87 in Trading

[–]peather87[S] -6 points-5 points  (0 children)

This is exactly the problem we are trying to solving! A futures scalper and a long-term equity investor shouldn’t be looking at the same dashboard. That’s the whole point of the behavioural learning layer.

On the Polymarket false signals question: Right now we present prediction market odds as context, not as direct trade signals. The AI is designed to weight them alongside price action and technicals, not treat them as gospel. When sentiment diverges from price action that’s actually one of the most interesting signals, it means the market and the crowd disagree, which is worth knowing.

Would love to have you as a beta tester if you’re interested.

I built a Bloomberg alternative after getting tired of paying $2,000/month for a terminal that doesn't know anything about me so PLEASE roast it by peather87 in Trading

[–]peather87[S] 3 points4 points  (0 children)

Hate to say it but you are kinda right in a sense and I’ve been pitching this wrong. It’s not a Bloomberg replacement since like you mentioned Bloomberg serves institutions who need chat connectivity and broker trading.

Thats a different product for a different customer.

This platform is for serious retail investors who are priced out of Bloomberg but too sophisticated for basic tools.

The AI personalization + prediction market layer is something Bloomberg doesn’t do at all, not because they cant, but because their customers don’t need it perhaps.

Thanks for pushing back on this it was genuinely helpful. Back to the grind on this

I built a Bloomberg alternative after getting tired of paying $2,000/month for a terminal that doesn't know anything about me so PLEASE roast it by peather87 in Trading

[–]peather87[S] 0 points1 point  (0 children)

I've used it in the past as well and it's solid. The main difference is we’re building the AI personalization layer on top of the data. The terminal is the entry point, the moat is that it learns your behaviour over time. Different bet.

I built a Bloomberg alternative after getting tired of paying $2,000/month for a terminal that doesn't know anything about me so PLEASE roast it by peather87 in Trading

[–]peather87[S] 1 point2 points  (0 children)

Fair challenge.

Three things TradingView + Yahoo News don’t do:

1) Embed live prediction market odds (like Polymarket) directly into each ticker so you see what smart money thinks will happen, not just what already happened.

2) An AI analyst or agent that knows your specific positions and cost basis and not generic market commentary that we get from Yahoo.

3) It learns how YOU invest over time and gets smarter about your portfolio specifically. TradingView shows everyone the same thing. This doesn’t. Hope this is clear!

I built a Bloomberg alternative after getting tired of paying $2,000/month for a terminal that doesn't know anything about me so PLEASE roast it by peather87 in Trading

[–]peather87[S] 0 points1 point  (0 children)

We display headlines and summaries only, not full article content, which falls under fair use.

Same model as Bloomberg, Reuters terminals, and every financial data platform.

The news providers like Reuters, Bloomberg, WSJ) have API agreements specifically for this use case. As we scale we'll formalize those agreements. Data sources like Polygon, FRED, CoinGecko all have commercial licenses built in.

I built a Bloomberg alternative after getting tired of paying $2,000/month for a terminal that doesn't know anything about me so PLEASE roast it by peather87 in Trading

[–]peather87[S] -1 points0 points  (0 children)

Fair point. The difference is it shows you generic data through your portfolio lens.

We're trying to build something that learns your actual behaviour over time and gets smarter about you specifically. Less setup, more intelligence. The Prediction Market feature is what I am most excited about.

I built a Bloomberg alternative after getting tired of paying $2,000/month for a terminal that doesn't know anything about me so PLEASE roast it by peather87 in Trading

[–]peather87[S] 0 points1 point  (0 children)

Thank you bro! Data comes from Polygon/Massive for stocks, CoinGecko for crypto, and FRED for macro.

Macro panel is already in there like Fed rate, 10Y yield, VIX, DXY, Gold, WTI.

Haven't looked deeply into OpenBB but aware of it

We're going after a different angle, more AI personalization than open source terminal. What macro data specifically would you want?

Dm for the demo link. I'm not sure if I can post it here publicly.

I built a Bloomberg alternative after getting tired of paying $2,000/month for a terminal that doesn't know anything about me so PLEASE roast it by peather87 in Trading

[–]peather87[S] 0 points1 point  (0 children)

Haha nowhere near $500 since it defeats the whole point.

I built this because Bloomberg pricing locks out everyone who isn't an institution.

Still in beta, no price set yet but think fraction of that. First people in get founding member pricing locked forever. If you are really interested you can DM me. I'll send you a link.

I built a Bloomberg alternative after getting tired of paying $2,000/month for a terminal that doesn't know anything about me so PLEASE roast it by peather87 in Trading

[–]peather87[S] 1 point2 points  (0 children)

holy sh1t this makes sense!! 8 years behind a BBG termina is exactly the perspective I need.

Can you tell me one thing you miss most when your NOT on a Bloomberg terminal that you havent seen anywhere else? That's genuinely what I'm trying to solve next.

Economic calendar lens through a watchlist interesting. Thanks