Prop firm is prolly just jerking your chain. No doubt firms gets traders/coders submitting "winning" strategies to them all the time. Once a week, at least, someone starts a such topic here. No one has ever come back to say I made bazillion trading it or sold it for a bazillion to a shop. Credibly at least.
Security professional here: anything will be decompiled. Managed languages like C#, Java, Python (regardless whether you ran an obfuscator), native compiled languages like C/C++, D, Rust, etc. Today's decompiler tools are very advanced, and reverse-engineering services are offered a lot on the Dark Web. Even cheap $100 games are hacked, so what you think will happen with your algo that is worth millions? Don't underestimate the skill-set of those in this shady business! As others pointed out: the truely safe way is to run it on your own hardware (or a server you rent at a reputable host). Have your client send you a constant tick stream and return signals.
I’ve never heard of anyone selling an algorithm. he’s willing to pay over a million dollars, instead he should be hiring you to run it and develop new algorithms. either the story is made up or the buyer isn’t a real buyer.
@newwurldmn Good point! They try to lure you in by offering an exorbitant large amount, but first have to see the source code. Hmmm, sounds fishy
yeah u give someone the source code and what they will do is get back to you and say they tested it out but they're not interested.
It is really not in your interest to sell your strategy. Trying your strategy at C2 is one option. A good strategy will attract hundred subscribers with a couple of hundred $ for each subscriber coming in each month. Another option is to run your strategy at multiple prop firms such as myforexfunds, FTMO. For each prop firm you get $ 50000 capital and if you get 10 firms your profit will accumulate fast. As your profit come in, compound it in your own account. I have a similar strategy as yours and I am doing these things currently.
i have very profitable strategy too. Most of these strategies are capital constrained. You can only run for a small account. So run it for yourself.
1. Don’t give in, consider all the other options discussed here. 2. No strategy is safe at QuantConnect. Any curious QC employee can copy it, so you are actually giving it to them for free. While hackers also break into largest tech companies and government computers, stealing valuable data. QuantConnect doesn’t have resources to protect themselves and your strategy.
This is the reality of it all, any code and especially C# can be un-compiled even when obfuscated, there are tools that help with this but if someone wants the source from a binary, they can get it. Uploading the algos to any sites, if it's profitable it will be copied, there are very few exceptions as you lose control of distribution. As for Collective2, we had a conversation with them this week, yes everyone will advise based on theory but you have to ask the right questions, the top performing funds generate 100-200%pa (per annum) returns (with obscene drawdowns), these will charge $500/mth, of which you receive $250/mth (50%), where it takes up to 75days for the first payment, assuming anyone subscribes. There are other options, such as Enzyme or dHedge to run the algos without the drama but this is the fact of the matter, dealing with third parties when you have something worthwhile is for the most part, a complete waste of time. The problem with these things is capital to scale up, making money is actually not that hard, keeping it is another matter, one of the architects made 1,000% in 2mths, in the past few days the entire amount evaporated. They needed the information on where to place the hard stops for fund investing, and there is no better test than an unprecedented 1,000pip collapse in GBPUSD where the markets 'show their hand', and they did allowing them to keep 80% of those profits next time. Everyone either wants to resell your algo, or they want the source code for nothing, the fact that they will not be able to maintain it is irrelevant to them. What you really want to do is run a private fund at 30-50%pa or a family office (closed family only) at 70-100%pa with the algos, don't try running a private fund (friends, employees) at 70-100%pa, the markets will make sure you fail, if say the algo is worth $1mm when used correctly, if you get $50k for it, you've done well because the entire fabric of humanity discount value by 50x, 100x, 200x these days. Note: for all those with a "what are you trying to sell comment", prevention is the best cure, firstly you couldn't afford it, even if you could you wouldn't know what to do with it, after which you couldn't maintain it, and then you would blame the system for what was the entirety of your failure, the OP will understand this comment but very few people have actually created anything of value. The financials markets are designed for everyone to lose money, if you can generate a marginal return you have beaten almost everyone else, but an event will come along, at some point without fail, to cause those profits and ideally that capital to be lost, how little you lose is what separates those who succeed from everyone else who fails, actually came across this doing some research, but was fun to write