I have a dozen algos that I trade myself & want to offer them for sale to individual long-term investors. Trading stocks, options, etfs. Can any one recommend the best way to go about that? Thanks.
They are not day trading algos & on highly liquid stocks so I am not concerned about a few individual investors moving the market.
It depends to whom you are trying to sell them. If you want me to consider buying one, you will have to show me live trade results for at least 100 trades, max drawdown on account, duration, and ROI. Simple really - show me the money, and I will show you mine! J_S
Yes, I will provide monthly results for each one of them for as far back as I have data available. If you want test forward results I will provide them too if you want to watch their performance for some time. As I said I trade all of them myself.
I never dismiss anything, as you never know unless you try. I will PM you with my email, and you can send me some more detailed info. My preference is options trading, but am open to looking at whichever one shows the best results - no sense in wasting time and money if someone else has already done the hard work. Price is also very important - but that is a private discussion. Ok with this? J_S
Can you provide more statistical characteristics such as absolute returns since inception, a risk-adjusted calculation such as a Sharpe ratio, average holding period, number of transactions, inception date, etc? Thanks
I don't quite follow how you could provide actual trading performance data for so many systems. Do you trade each system with a separate (sub)account? Because of auto-trading?
I will provide monthly balances, I didn't calculate sharpe ratio b/c I don't care about the draw downs as I'm satisfied with their overall performance You are welcome to calc it yourself. As for the number of trades, some of them have 1 trade per month, some of them might have 1-3 per month on average.