In short, I got a strategy that does great in backtests. You can take a glance below, goes from 10k to approximately 10M in about 10 years which is almost doubling every year: Now, I know that from simulation to money in the bank there's a long way but let's say the simulation is accurate. For starters I almost never get a good backtest, which is to say that the methodology and software are fairly sound. You can find a lightweight version of the software here, I use a more capable and of course, proprietary version myself: https://github.com/aquarians/Public/tree/main/Aquarians Even when I seldom get a good backtest, I try poking holes in it and eventually find one. Haven't found on this one so went on to try it live on an UAT (developer term, User Acceptance Testing) environment. It performs allright but then again, it takes a year to double the money on average and some years it's making a lot less with some brief periods of drawdown. It's not an arbitrage, it's a statistics method. I'm ready to put real money in it but as you may see from the equity curve, it's not gonna make me millionaire in an instant. And if I run it for a long time carelessly, it might get reverse-engineered by the broker / brokers, because I intend to update the software to try and hide the key trades among noise. But then again, I only heard of such stuff like splitting trades between brokers, but even so, one can only hide going from 10k to 10M for so long. Eventually all the accounts will be significantly up and "they" will notice it and start looking. So one thing I need a partner for is to strengthen up the "covering tracks" algorithm. Secondly, I'm thinking, why wait 10 years to make $10M if we can sell this to some much better capitalized fund for $10M now? I'm fine with a 50%-50% split at this figure, at any figure in fact, that's how partnership works. Summarizing: I'm looking for a partner to match my $10k initial investment, although more capital would be nice We're going to work together on covering tracks of profitability of this algorithm with the purpose of making it in the double digit millions We're also going to try sell this now to a hedge fund wiling to pay an upfront fee plus profit sharing I'm looking forward for your letter of interest as private threads!
P.S. I also have a backup plan for a business worth, if done well, well into the billions. Only needs a "nudge" of a couple millions to do right. It's an international business although EU and US are my primary and priority targets. Fun reading, an article I stumbled upon a few days ago on Hacker News: "Your IQ isn't 160. No one's is" https://www.theseedsofscience.pub/p/your-iq-isnt-160-no-ones-is Mine's 125, so I'm no genius albeit definitely not stupid and aware of it. What makes the difference between successfully capitalizing on your intellect potential and dying unknown? My opinion is, grit.
My 2 cents, like thousands millions of others dollar signs are blinding you. Use your grit to succeed, not make X number of dollars. Also no hedge fund is going to pay for a strat that performed great .......... in back testing.
No equity curve in the real world ever looks like your graph. I can't tell if you are just naive, or a con person. In any event, trade your system real-time for 6 months, & if the results even come close to your simulation you will be able to find partners.
really? lol I cant imagine a legit person that's been here for almost 10 years trying to pull something over like this on us. If your P/L is legit, why on earth would you share this with anyone? It isnt, and you wouldn't
OK I didn't wanna say it. If you ain't got at least 1000 posts over a period of at least 10 years, you probably should refrain from commenting. Imma not tryinga to pull anything. You dumb.
Yeah I know, I don't mind having a hedge fund running my strategy live from now on as long as there's a strong legal contract between us so we can trust each other. No money if they don't make money but also no leaking my IP (intellectual property). The former is easy, the latter hard. Hence the need for a partner.
LOL You should join me and my friends from the last 20 years. We have a concept, I forgot the name, it's German in origin, where every Friday morning we meet for a coffee and chat, this has been going on since more than 20 years actually. There's nothing like entertainment in keeping such an arrangement alive and you can't deny that saying in full confidence "this time it'll be different!" for 20 years straight it's a powerful line
Which leads me to the train of thought idea, one of the latter friends of mine is a local millionaire. Heads up, if you go for years in a coffee shop, you'll meet people of the same habit. If you survive generations, you'll meet older people and generally, older people are wealthy-er. Like the guy we joined coffee tables with some 5 years ago. I guess it's worth explaining him the idea and how it may lead us to billionaires. Thanks @ 2rosy