Would you lease an automated trading system

Discussion in 'Automated Trading' started by dom993, Jan 2, 2013.

  1. ============
    dom997;
    Well if i had to lease or buy;
    lease,LOL:D

    Better & best, do your own research:cool: ;
    wisdom is profitable to direct.:cool:

    As far as you offereing your ''system'' for lease;
    might as well try it, people lease cars, so logic/wisdom/profit isnt really necessary to lease something.LOL:D
     
    #21     Jan 16, 2013
  2. Have you looked at striker.com?
     
    #22     Jan 16, 2013
  3. I lease my strategies for a cut of the profits. The reason is because I am not comfortable with the maximum level of risk; I'd rather let someone take the risk and just take a cut after the fact.

    You could argue that this is stupid -- however, my personal financial situation couldn't withstand a tail-risk event (at maximum, saturation level of operation) whereas the guy doing the lease can. I can't afford a hit; they can.

    I should add that I can terminate the lease, but there's no need to as I see the situation as win-win. The relationship also frees me up to do R&D and lets me collect a check without the pressure of having to worry about a max-levered bad bet. The strategy runs at saturation (no more liquidity can be had.)
     
    #23     Jan 16, 2013
  4. dom993

    dom993

    Yep, still in the process of doing that ... they charge $20 comm. per contract per round-turn to their customers leasing systems (intraday systems, it is $30 for swing systems & $40 for position systems), and the customers have to pay the system designer the monthly lease on top of that. Depending on the year, this could chew 25% to 50% of the system result for the customer. I don't really like it.
     
    #24     Jan 16, 2013
  5. Daring

    Daring

    Only if it was a piece of shit.
     
    #25     Jan 16, 2013
  6. kut2k2

    kut2k2

    He's asking you to be the lessee, not the lessor.
     
    #26     Jan 16, 2013