Index futures automation

Discussion in 'Journals' started by hilmy83, Jul 3, 2022.

Can a fully automated trading strategy work in the long run?

  1. YES!

    56 vote(s)
    66.7%
  2. Hell naw.

    15 vote(s)
    17.9%
  3. I don't know, I got my own trading to worry about.

    13 vote(s)
    15.5%
  1. Mo06

    Mo06

    Are you still planning to sell the algo ?
     
    #701     Nov 3, 2023
  2. hilmy83

    hilmy83

  3. hilmy83

    hilmy83

    FOr the right price, maybe

    10x revenue seems about right.

    I'll round my 12 month revenue to about 18k (1500/month average for now)

    The IP is in the strategy and also the fully tested algo.

    Only overhead is the vps ($30) and data ($13) per month

    I'd say $200k seems fair. Have your lawyer call my lawyer....
     
    #703     Nov 3, 2023
  4. Mo06

    Mo06

    $ 200k seems absurdly cheap IMHO.
     
    #704     Nov 4, 2023
  5. hilmy83

    hilmy83

  6. hilmy83

    hilmy83

    Yea maybe. I was just using what a typical valuation for a business would be with current monthly revenue.

    Just remember this is not going to scale into millions or billions. Max is probably 1mi. So take that into account.
     
    #706     Nov 4, 2023
  7. Mo06

    Mo06

    Why exactly is it not scalable ?

    Can you tell us how many NDX points the algo has made in profits since Feb, and the average points profit per month ?
     
    #707     Nov 4, 2023
  8. hilmy83

    hilmy83

    Honestly, I don't know what max size I can scale this to.

    It's a breakout strategy so how much size can I actually put on at market before slippage gets out of hand? I don't know that answer, but I figure maybe +20 NQ contracts all at once will start to cause more slippage, especially on the reverses.

    Points wise, this is what I got from quantanalyzer using pips (0.25 pip value). Didnt take out outliers

    upload_2023-11-4_8-48-30.png
     
    #708     Nov 4, 2023
  9. hilmy83

    hilmy83

    #709     Nov 7, 2023
    ironchef likes this.
  10. hilmy83

    hilmy83