Happy Holidays! Can you address the OP's allegation that your "system" lost more in the first day of live trading than over the backtesting period you used to shop the system? And what does your personal preparation have to do with your ability to go live? I would suggest that you and concentricity take your discussion to PMs. TIA.
I'll take my discussion to PM's with you destriero, if it involves a mutually beneficial relationship, that would clearly favor me more since you're already established, but none the less. Otherwise I just prefer to talk on the forums, to get other's to chime in, we never know what diamond in the rough we might find right? Lastly, in all seriousness I don't consider what I am posting to be any more garbage than what most others post, so I don't particularly feel bad about not taking it to PM's.
But since you asked nicely I will wrap it up here. I appreciate it. Happy holidays to you too my man.
My system was/is in a prototype phase run on home based GPU enabled workstations. The trick to getting that to him was renting a GPU workstation in the cloud. That involved coding an ad hoc infrastructure. Finding and fixing bugs on the go. There were two uncharacteristic trades that resulted from two system hang ups. Chance had it one made a nice profit and another one made a similarly large loss. He only mentioned the loss, right? In the end we didn't split because of system trade performance, he well understood and was seeing me changing/fixing the system overtime, on server side and in the MT5 plugin i provided to him. We split up, because i found prop trading during our cooperation. Seeing the cost/value proposition i demanded him to at least pay for the cloud based GPU workstation, which he denied. That's the real tragic end of the story. Oh yeah, the workstation rate is between 0.35 - 0.42 USD per hour.
I said if I could see system work for a few days than I would pay for the cloud space. I also said if it can run on sim for a couple of weeks to a month than I would fund account. He said that was fine and then went back on his word and cancelled after 2 days as system was significantly underperforming the backtests. I would have paid the second I saw any sign of it working and would have funded account for a lot more than than the 25 wanted… after running in sim for a couple of weeks. Seemed like a nice guy but was very wishwashy. Be careful.
The 2 days was separated by 3 working days and a weekend. During which i was working on fixing the initial roll out of the cloud based system. Time and server cost exclusively needed for running a sim. That was the original agreement, yes. The original agreement was also about up to three month simulation and i couldn't even get you to share in the cost i was running after a full week of work(admittedly only 24 hours of sim). I wasn't sitting in a bad deal until you deemed it "good enough" before getting serious. Definitely not sitting in a bad deal when i can get 100.000$ from a hedge fund immediately for 699$. You just got out competed.
WOW, LIES "Never argue with a fool cause from a distance, you can't tell who's, who" I made this mistake ^ haha
I provided service, resources and my time for free for a week. You call me a liar over agreement disagreement while hiding behind conditional promise.
I thought you need to know how a strategy works. If you don't ask for that, and only ask for a good performance as a proof, then I can do for you, either by a demo account, or by real time calls. Then what I get for doing this?
For an algo, I don’t need to know exactly how it works. I’m not looking for real time calls. If someone had a real edge such as trading a very niche market, arbitraging, hft , etc and they were willing to teach me than I would pay them or share a percentage of my profits. Most people with an edge probably don’t need capital… maybe if a strategy can be scaled and me trading doesn’t effect them then it could be worth it for someone. It doesn’t hurt to ask.