Raise capital for algorithmic trading?

Discussion in 'Automated Trading' started by centaurus, Mar 2, 2022.

  1. gkishot

    gkishot

    This is algorithmic trading, it should be expected to run and calculate it's performance on historical data. What other "backtesting results" are needed? I am sure the potential serious clients like fund managers would want to know more algorithm itself than it's past 6 months results.
     
    Last edited: Mar 3, 2022
    #21     Mar 3, 2022
  2. Dicer

    Dicer

    Not dead.
     
    #22     Mar 4, 2022
  3. Dicer

    Dicer

    Usually, they want to steal the algorithm:finger:..If you find any profitable pattern, please keep it a secret. Do not tell them any hard rules or causation that you discover.
     
    #23     Mar 4, 2022
    gkishot likes this.
  4. If you are good at trading, just get loans from friends & family and pay them interest (something around 6-7% is reasonable).

    Don't ever try to profit split or manage money, it is a pain in the ass to deal with clients and you will make less than trading for yourself unless you can raise like 10MM+ (good luck without an extensive track record). You could even get in trouble for running an unregulated fund depending where you live.
     
    #24     Apr 1, 2022
  5. Dear God no....

    GAT
     
    #25     Apr 2, 2022
    KevinBB, Leob, PursuitOfEdge and 4 others like this.
  6. qlai

    qlai

    Why not? He said “good at trading” meaning consistently profitable.
     
    #26     Apr 2, 2022
    cruisecontrol likes this.
  7. M.W.

    M.W.

    The last thing I would ever do is mix family and money matters. Worst thing ever.

     
    #27     Apr 2, 2022
    Overnight and comagnum like this.
  8. themickey

    themickey

    Like trading, that idea will have about 10% chance of working out.
     
    #28     Apr 2, 2022
  9. Lol. Congrats on all the likes for this post, but I suspect many of them are from unprofitable traders.

    Some of us run sharpe ratios in the 5+ or even 10+ range. This is algorithmic trading we're talking about here. For those with a strong edge, loans are highly recommended as it is win win for all involved and much simpler than any kind of money management set up.
     
    #29     Apr 3, 2022
    qlai likes this.
  10. themickey

    themickey

    I suspect at least 3 out of the 4 are profitable as well as @globalarbtrader.
     
    #30     Apr 3, 2022