This is an upgrade from my previous thread in that: 1) I'm upping my absolute offer from $1k to $4k. 2) I'm lowering my contribution from 100% to 25%. The purpose of the business is to beat the casino where we can identify it's weak points and ride the horse as long and hard as it can take. Now, at $4000, I am expecting at least some ASKS from the "developed world" (i.e. not where I live and I'm mocked for BID-ing "just" $1000). So who's interested in either: a) Joining my bid up to $5000 (I'm bringing an additional $1000 of EU funding on this one if we're getting to $4k). b) Asking on those $5000 / month, on a 4 years contract, for an R&D position. Feel free to talk to me either publicly on this forum or privately. If you're interested in at least a psychological profile of who I am, read my previous posts.
By the way, to appease the moderators here (Robert Morse?), those $1000 are necessarily in "equipment". Which is not so great when you have to pay salaries but on the other hand, that's $1000 / month of broker connection, which I eventually intend for market making and literally, at some point that migh^H^H^H^H will be an entirely NEW GLOBAL MARKET, think BitCoin only 1000x bigger.
I'm going to tell you how I look at your offer so that maybe you can understand how other developers will look at this (granted they may have different views, but I think this is a good general base). I make more than $4k/mo from my full time job. Assume I have the skillset to develop profitable strategies (otherwise why would you be bringing me on?). I can either continue to work my full time job and make more than $4k/mo meanwhile spending time developing strategies for my own use where I keep 100% of the profits or I can take a significant pay cut in exchange for 25% of whatever profits from your trading business generate. This means that what you offer must be greater than the difference in what I make from my current job + any reduction in profitability of my own strategy that results in your company front running / taking away the liquidity available to my edge. Many strategies have limits as to how much capital can be thrown at them. By having my strategy traded by more people/capital that means my own capital will make less profit (unless I always make the trades on my personal capital first, but how can I trust that will happen?). Still, this means that the 25% needs to at least make up my opportunity cost of my normal job + my own trading profits. How much capital are you bringing? I know what my strategy performs. Tell me how much capital you're bringing and I can determine if it makes sense to me to do so. If it's enough, I'd be interested, but what I've not seen you do so far is specify how much capital your business will be trading. That you don't disclose this when I think anyone seriously considering your offer is going to want to know that, is concerning and shows that you don't understand how other people are looking at your offer (which is probably why you think $1k/mo + 50% was reasonable and that $4k/mo + 25% is substantially better). That you don't consider the mindset of someone like me when you make these posts tells me that you're ignoring opportunity costs of your potential partner and I don't want to work with you because of that -- not because I think you don't have value or that you're doing something wrong, it's just that I think you don't appropriately consider the value and opportunity cost of the other party with respect to yourself. Either seriously take in to consideration the opportunity cost of your potential partner or you will not get qualified people taking you seriously (unless of course you have enough capital to trade to make it worthwhile, but I get the impression that you do not). I intended this to be a helpful critique because I think this is why you got the types of responses that you did previously -- you underestimate the value and opportunity cost of others. Please reflect on this before proceeding with the types of replies you made before where you substantially discount opportunity cost and value of everyone that's not you.
Here is what I can offer. My proof of concept version of my Machine Learning backtesting platform (C# .NET Core) is complete and I am gearing up to leave my current job to focus full time on getting the platform production ready. The platform does not use any deep learning algos but instead wraps typical indicators, orders and other user defined data in classes that implement interfaces and enables the platform to easily created millions of strategies on the fly and test, filter and record the results. If you know C#, it would take about 15 minutes to get up and running. Initially I plan on licensing the software for free with the purchase of professional services which would involve adding features to the product the customer wants. I would be happy to do a Skype call with you at anytime to show you my proof of concept. Assuming you like the technology, you could tell me exactly the type of data/timeframes you want to test and I could prioritize that effort.
Fan27, I'm already working with a guy who coincidentally does exactly what you do. Seems there's a rush towards machine learning, the buzzwords never leave us alone Anyways, I'm kinda skeptical but I'll get to see what his platform does and for the moment, given I'm also working on my own side projects, I'm pretty full. What I can tell you is that ML doesn't really fit my style of work and in general I think it plays a minor role in R&D. You still need the logical brain of a human to learn new concepts and apply them and that's what I think it may worth paying $4000 / month.
Assuming is making an ass out of you and me (ass-u-me). So you're choosing #b, and the main problem of someone considering your offer (any offer in general) are those assumptions.
Gtfo with that assuming bullshit. Fact is you wanted to pay $1k/mo + 50% share. If you had any significant amount of capital you would have offered a proper salary for 0% share (or substantially less than 50% anyway). That you were willing to give away 50% of your profits shows that either you don't value the future profits (because there won't be much due to small trading capital), plan on screwing your "partner", or you're just an incredibly generous kind of guy. I'm going to go with the first because all of your posts seem to show that you don't value other people's time and skills. If you did value their time + skills and really were being generous, then you would have been easily able to counter those concerns brought up in your previous threads by saying "that 50% is actually worth a substantial amount because I have $10M in trading capital" or something similar. You made no attempts along those lines that I saw. All the comments I saw from you were implying the opposite -- you don't have a lot of capital. Being honest and forthcoming would probably go a long way rather than being vague, defensive, and demeaning.