Socratic-Trade

Next.js agentic trading console for real broker accounts — production at socratictrade.com (Coolify). Local npm run dev is for development only; previews are retired.

Public overview: Socratic Trade · From: Simple With Us

Supported brokers

Broker	Connection	Environments
Alpaca	API key + secret (REST)	Paper (PA… / PK…) and live brokerage
Tradier	Access token	Sandbox (paper) and production (live)
Robinhood	Official Trading MCP (OAuth)	Live brokerage
Kalshi	Event contracts	Experimental — the live kill switch defaults off

An account is an account: paper vs live is only the broker account's environment. There is no local simulator, no "Test mode", and no fake fills. With no connected account, the app cannot place orders.

Native iOS companion: an invite-only remote for the same backend. The current com.socratictrade.ios TestFlight release is being prepared; access is not publicly available.

For AI Tools And Contributors

Read these before changing code:

1. AGENTS.md for durable repo rules, verification commands, and cross-file traps. CLAUDE.md is a symlink to the same file so Claude Code reads identical rules.
2. STATUS.md for the current handoff snapshot.
3. PLAN.md for the roadmap and acceptance checks.
4. docs/rollouts/ for chronological handoff notes so Codex, Claude Code, Antigravity/Gemini, Cursor, Monet, or a human can resume cleanly.
5. The relevant docs/phase-*.md and latest matching docs/rollouts/*.md.
6. UI copy conventions (Title Case headings/buttons; sentence-case values): docs/FLEET-UI-COPY.md.

Non-trivial changes must update STATUS.md, PLAN.md, the relevant phase doc, and a dated rollout note before commit/push. Do not recreate a single docs/HANDOFF.md; that was intentionally replaced by rollout notes.

What It Does

• Multi-account cockpit: balances, positions, orders, proposals, activity, Results (vs SPY — time-weighted % and a same-cash dollar overlay), Markets/Assets, Insights, Settings / Connections.
• Equity strategy loop in ask-first (proposals wait for approval) or autopilot (decides within guardrails) authority.
• Scans the allowed equity universe with quote data, fundamentals, technicals, macro/market signals, and public web-source evidence before LLM proposals.
• Deterministic policy gates before order placement; idempotency keys on broker submits.
• Optional Red Team review, protective stops, learning / framework proposals, and Usage Monitor spend telemetry.

Safety Defaults

• Equity execution only.
• Allowlist required before autonomy can be enabled.
• Allowlist can be either a custom ticker list or the built-in S&P 500 universe.
• Max $10 per order.
• Max $500 daily notional.
• Max 25% portfolio exposure per symbol.
• Max 10 live orders per day.
• Kill switch blocks new orders immediately.

Allowed Universe

Use Allowed Universe in the dashboard controls:

• Custom allowlist lets you type comma- or space-separated tickers and saves on blur or Enter.
• S&P 500 allows all locally generated S&P 500 constituent symbols from Wikipedia's constituents table fetched on 2026-06-14.

The S&P 500 universe is stored locally in src/lib/sp500.ts; the app does not fetch constituents at runtime.

Strategy Authority

Use Strategy Authority (Ask-first / Autopilot) in Guardrails / Agent Controls:

• Ask-first (propose): records reviewed recommendations; orders wait for human approval. Manual Run Once always stays ask-first.
• Autopilot (decide): autonomous path within policy — gate, optional review, then place on the active connected account (paper or live by that account's environment).

Setup

cp .env.example .env.local
npm install
npm run dev

For one-off local development, open http://127.0.0.1:3000.

Previews are retired (owner decision, 2026-07-08): no per-agent PM2 preview lanes and no *.jays.services preview hostnames. Production is the only hosted environment (https://socratictrade.com, Coolify app uuid socratic-app, name "Socratic-Trade" — see docs/deployment.md). Fleet host: Coolify on Hetzner (post–2026-08 Oracle cutover; dashboard/API https://host.jays.services). Auto-deploy: every merge to main via the GitHub → Coolify manual webhook (not announce-then-deploy). To see in-progress edits, run npm run dev in your agent worktree and open http://localhost:3000; CI verify covers integrated behavior.

If the UI appears as plain, unstyled HTML, the dev server is likely serving stale .next assets after a build. Stop the old listener only on the port your agent owns, then restart the matching dev command. If you intentionally want the old force-clean behavior for the default Claude/local port, use npm run dev:clean; the default dev script does not kill unrelated port-3000 processes.

Environment

OPENAI_API_KEY=...
OPENAI_MODEL=gpt-4.1-mini        # or gpt-4o for deeper reasoning
OPENAI_API_URL=...               # optional: override to use an OpenAI-compatible endpoint
ROBINHOOD_ADAPTER=mock           # "mock"/unset means Robinhood disconnected; "mcp" enables real Robinhood MCP
DATABASE_URL=file:./data/app.db
ENCRYPTION_KEY=...               # optional 64-char hex key; used for stored API keys
MARKET_SCAN_LIMIT=30
MARKET_SCAN_CACHE_TTL_MS=300000
MARKET_SCAN_EVENT_RESERVE=8
HISTORY_TTL_MS=1800000
MARKET_DATA_PENDING_TTL_MS=1800000 # how long an unfilled public OHLC request waits for a later shared cache fill
MARKET_DATA_SHARE_USER_KEYED_HISTORY=off # env-key/free OHLC is shared; user-keyed OHLC stays private unless set on

# Optional: fundamentals + analyst enrichment (Finnhub).
# Provides P/E, EPS, dividend yield, analyst ratings, sector/industry, and news
# sentiment per symbol. Yahoo Finance (no key required) is always the final
# enrichment tier, so every scanned symbol has real data even with no keys set.
# The scan's `source` field lists every provider that actually supplied data for
# that run (e.g. "nasdaq-delayed-screener+finnhub+yahoo-finance+alpaca-quotes");
# each table cell's tooltip names the single provider that value came from.
FINNHUB_API_KEY=...

# Optional: Financial Modeling Prep (adds P/E + analyst consensus; Finnhub preferred).
FMP_API_KEY=...
FMP_MAX_SYMBOLS=15               # optional explicit enrichment throttle (free-tier quota thrift); unset, the FULL scan candidate list is enriched — no cap
NEWS_CACHE_TTL_MS=21600000       # enrichment cache TTL (default 6h)

# Optional: Alpha Vantage NEWS_SENTIMENT enrichment.
ALPHAVANTAGE_API_KEY=...

# Optional: macroeconomic context injected into LLM prompt (Federal Reserve FRED API).
# Adds rates, inflation, labor, credit, oil, dollar, VIX/VIX3M, and derived curves.
# Without a key the prompt uses hardcoded recent defaults (updated periodically in macro.ts).
FRED_API_KEY=...

# Optional: public web-source and technical-signal controls.
SEC_EDGAR_USER_AGENT=SocraticTrade/1.0 (contact: [email protected])
WEB_SOURCE_CONGRESS=on
WEB_SOURCE_INSIDER=on
WEB_SOURCE_FINRA=on
WEB_SOURCE_SEC8K=on
WEB_SOURCE_SEC8K_RAG_LIMIT=16      # cap SEC 8-K docs sent to Voyage/Pinecone per refresh
WEB_SOURCE_TECHNICAL=on
TECHNICAL_SOURCE=tradingview       # "tradingview" webhook or free "computed" Yahoo/Stooq OHLC
WEB_SOURCE_TECHNICAL_MAX=40
TRADINGVIEW_WEBHOOK_SECRET=...
TRADINGVIEW_WEBHOOK_IPS=...

# Optional: RAG context for filings/research.
VOYAGE_API_KEY=...
PINECONE_API_KEY=...
VECTOR_EMBED_BATCH_SIZE=8
VECTOR_EMBED_BATCH_DELAY_MS=21000  # unpaid Voyage accounts are limited to 3 RPM

# Optional: native Alpaca credentials. Users may also connect supported account
# types in Accounts; Paper accounts are optional and user-selected.
ALPACA_PAPER_API_KEY=...
ALPACA_PAPER_SECRET_KEY=...

# Optional market-data keys (per-user Connections store preferred over bare env).
# Tradier: connect Sandbox or Production in Connections (access token) — no separate
# TRADIER_* market-data key; the broker connection supplies quotes/history for that venue.
MARKETSTACK_API_KEY=...
MASSIVE_API_KEY=...
MASSIVE_REST_MAX_CALLS_PER_MINUTE=5 # Massive Basic quota guard; excess calls fall back/skip
MASSIVE_HISTORY_ENABLED=on          # set off to reserve Massive only for breadth/news
MASSIVE_NEWS_TTL_MS=1800000
MASSIVE_S3_ENDPOINT=...
MASSIVE_BUCKET=...
MASSIVE_ACCESS_KEY_ID=...
MASSIVE_SECRET_ACCESS_KEY=...

# Optional: webhook for trade notifications.
# Discord webhook URLs receive rich embeds; any other URL receives generic JSON.
WEBHOOK_URL=...

Paper And Brokerage Accounts

• An account is an account: execution is decided purely by the connected account's environment — no local simulator, no "Test mode", no fake fills. With no connected account, the app cannot place orders.
• Paper / sandbox is still a real broker account, just not production money. Connect e.g. Alpaca Paper or Tradier Sandbox from Connections. The app does not invent balances or fills.
• Live / production brokerage (e.g. Robinhood MCP, Alpaca live, Tradier production) can affect real capital when policy, approval, and risk gates allow.
• Same market-data and policy paths for paper and live; only balances, positions, fills, and order routing differ by account. (broker: "test" is unit-test infrastructure only — never product-facing.)

To use a real MCP transport, set:

ROBINHOOD_ADAPTER=mcp
ROBINHOOD_MCP_URL=https://your-robinhood-mcp-server/mcp
ROBINHOOD_MCP_AUTH_TOKEN=...

The adapter calls MCP tools/call using JSON-RPC.

For hosted MCP servers that require OAuth instead of a static bearer token, leave ROBINHOOD_MCP_AUTH_TOKEN empty. For Robinhood's official Trading MCP, the app uses the documented MCP link (ROBINHOOD_MCP_URL) as the source of truth and discovers OAuth endpoints from the MCP auth challenge:

ROBINHOOD_MCP_URL=https://agent.robinhood.com/mcp/trading
ROBINHOOD_MCP_RESOURCE=https://agent.robinhood.com/mcp/trading
# Optional. Leave blank in hosted environments; the app derives the public callback URL.
ROBINHOOD_MCP_REDIRECT_URI=
ROBINHOOD_MCP_ALLOW_LOOPBACK_REDIRECT=off
ROBINHOOD_MCP_SCOPES=internal

For custom or non-discoverable MCP providers, set ROBINHOOD_MCP_OAUTH_DISCOVERY=off and configure ROBINHOOD_MCP_AUTHORIZATION_URL, ROBINHOOD_MCP_TOKEN_URL, and optionally ROBINHOOD_MCP_CLIENT_REGISTRATION_URL / ROBINHOOD_MCP_CLIENT_ID. When discovery is enabled for the official Robinhood MCP URL, discovered OAuth endpoints take precedence over manual endpoint env values. ROBINHOOD_MCP_RESOURCE defaults to ROBINHOOD_MCP_URL and is sent as the OAuth resource indicator on authorization and token requests. Then run the app locally and use Accounts -> Connect Robinhood Agentic Account or open /api/auth/robinhood/start to complete consent. The app stores OAuth state, the registered client, and refreshable tokens in the local SQLite settings table.

For production behind the Cloudflare tunnel, see the definitive Robinhood Connection Guide for step-by-step instructions on connecting via SSH tunnel, maintaining background tokens, or registering an official static Robinhood Partner Client ID for 1-click web login.

If Robinhood rejects the public callback during the logged-in consent step, a same-machine operator sets ROBINHOOD_MCP_REDIRECT_URI=http://localhost:4000/api/auth/robinhood/callback and ROBINHOOD_MCP_ALLOW_LOOPBACK_REDIRECT=on. Public app login still starts the flow; only Robinhood's provider callback returns through localhost, and the state-bound callback redirects back to the public site after token storage.

Tests

npx tsc --noEmit
npm test
npm run build

As of 2026-06-18 the suite is roughly 195 tests across 27 files; treat the command output as authoritative because the count changes frequently.

Design Docs

See docs/ for phase-by-phase design notes, including docs/phase-7-strategy.md (in-progress: trade-thesis tagging, post-mortem reflection loop, short-selling support — see that doc's own risk-guardrail section before enabling short/cover proposals in Live mode).

docs/rollouts/ contains chronological handoff notes. Use these notes to understand recent implementation decisions, verification results, and known follow-ups before starting new work.