docs: move no-hosted-version section above results, remove spoiler
Co-Authored-By: Claude Sonnet 4.6 <noreply@anthropic.com>
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README.md
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README.md
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Monitors SEC EDGAR Form 4 filings in near real-time, detects insider buy clusters, sends Slack alerts, and optionally executes trades via Alpaca.
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Copying the idea from [insidercopytrading.com](https://insidercopytrading.com/). Available at [insidercopytradingcopy.com](#no-hosted-version).
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## No Hosted Version
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There is no hosted version of Smaug. You have to run it yourself.
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You probably should not bother. After modelling realistic transaction costs, the strategy **underperforms SPY** in all tested configurations. See the [results](#results).
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If you still want to run it, see [Usage](#usage).
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## Architecture
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@ -118,6 +111,10 @@ score = role_weight * log(total_value) * (1 + 0.5 * (cluster_size - 1))
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Role weights: CEO 3.0, CFO/President 2.5, COO 2.0, Director 1.5, VP 1.2, 10% owner 1.0
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## No Hosted Version
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There is no hosted version of Smaug. You have to run it yourself. See [Usage](#usage), then check the [Results](#results) to decide if you actually want to.
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## Results
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16,279 signals from 302k Form 4 filings (2020-2025).
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