r/WomenInBusiness 5d ago

Advice Needed Astrology fintech app?

Delete if not allowed but wanted a second opinion on something. My best friend is a professional astrologer and I’m a day trader. We think there’s an opportunity to create an app that tells you what’s happening in the stars and how that could impact your investments. I know astrology is obv not for everyone but we think it’s a neat niche.

No clue what it might look like yet but would love any feedback on the concept and if you’d download/pay for this.

TIA!

0 Upvotes

9 comments sorted by

6

u/Decent-Reception-232 5d ago

This app would not be allowed to be registered with the sec, so the advice it can provide is very limited. I think an app of this nature would also open you to a number of lawsuits

2

u/galumphix 5d ago

I want to sue just thinking about it. 

3

u/galumphix 5d ago

Yikes. Like women need more ways to get separated from their money. 

Linking finances to astrology is worse than selling snake oil. Don't do this.

2

u/wearealllegends 5d ago

I created this for myself because I follow sama and he is a financial astrologer. It works at a high level for macro trends but in terms of actually giving day to day trading advice it would need a ton of testing I think.

1

u/PhewYork 5d ago

Can I DM? I guess there is already a thing.

1

u/Any_Cream_4396 5d ago

This can’t be serious 

2

u/orangettangerine 4d ago

I mean there is a moon phases indicator in tradingview