As I mentioned before, I have some projects that need some coding,
so at this point I'll take code or cash in exchange for the information.
I'm sure we've all bumped into people that pose the same question as the original poster. This industry is filled with doubt.
Here's "how it go":
If an idea works in a spreadsheet, people will doubt it will work with back testing.
If the idea works with lots of back testing, people doubt it will work with forward testing.
If the idea works with forward testing people doubt it will work with real money.
If it works with money, people doubt it will work over the long term.
Even if it works long term, people are inclined to think of Bernie Madoff!
The original poster simply posted the cliche' question that automated trading system developers hear all the time. Well, the truth is that there is a successful system out there, it has been profitable in the past, and it is available to serious investors.
I'm not willing to help "the perpetual doubters" or people that simply troll forums like this one. However, for people who are interested enough to join this forum and are serious enough to take some risk, I'd like to share what I know and possibly collaborate.
The bottom line is that I'm willing to trade information for information (code)
or of course, the resources (cash) to buy code.
The attached chart is with with PF of 2.55 and if would have taken a 10K account to 50K+ in less than a year if lot size is set to 4 ES :-)
After spending 1+ year worth of screen trading, now I feel that it was real stupid for someone like me to do manual trading. If you know programming - go for ATS. If you don't - go and learn programming first...
Quote from TraderSU:
The attached chart is with with PF of 2.55 and if would have taken a 10K account to 50K+ in less than a year if lot size is set to 4 ES :-)
This is for single contract. You can easily go 4 contract for a 10K account. Or even better is that you scale out as you grow and make even more.
Moral of story!
You will eventually get it if you keep trying hard and have an average or above intelligence.
The attached chart is with with PF of 2.55 and if would have taken a 10K account to 50K+ in less than a year if lot size is set to 4 ES :-)
After spending 1+ year worth of screen trading, now I feel that it was real stupid for someone like me to do manual trading. If you know programming - go for ATS. If you don't - go and learn programming first...
Cheers,
exactly, the opening posters comment was absurd. I personally know several guys from my area that were millionaires in their early 20's, quite a few had only a high school diploma. However they had the knack (upaya) for trading. The thing is to find out what you are good at it and maximize it whether its programming, trading or whatever. The US has fallen behind because we do not emphacize education the way the asians and indians do. Asians are always at the top of their classes here in US. Good trading.
As I mentioned before, I have some projects that need some coding,
so at this point I'll take code or cash in exchange for the information.
I'm sure we've all bumped into people that pose the same question as the original poster. This industry is filled with doubt.
Here's "how it go":
If an idea works in a spreadsheet, people will doubt it will work with back testing.
If the idea works with lots of back testing, people doubt it will work with forward testing.
If the idea works with forward testing people doubt it will work with real money.
If it works with money, people doubt it will work over the long term.
Even if it works long term, people are inclined to think of Bernie Madoff!
The original poster simply posted the cliche' question that automated trading system developers hear all the time. Well, the truth is that there is a successful system out there.....,
I have to agree with the above statement....the "Bernie Madoff" reference actually happened to me (as a joke).
But as can be seen,I removed all notion that I agree with 'autowealth' "offer"...cash or code...cost of code cannot be determined until there is a complete package,therefore the point related to cash as an option is moot.
