given that i can understand the skepticism in here:
i'd be fine with setting up a letter of intent by my lawyer and singing a NDA for that purposes for everyone who is interested.
please also include the disclaimer when you quote me:
also, just to make sure, i will not ask you about any secrets of your system which would allow me in any way to "reverse engineer it", nor will i ask you to trade my account or so.
US wouldn't be a main market btw.
but it is a rather internationalized market.
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also, i just looked at my thread title which is maybe a bit misleading.
"have clients"
i don't come with clients, i only come with a undeveloped market!
so this can be a failure!
i cant say yet.
first ideas obv go into the direction of an offshore company somewhere in the carribean (where i currently reside, european citizen).
the company itself doesn't hold any IP just an licensing agreement with the algo-provider.
also, having the company overseas wouldn't...
extension:
the whole business plan is not an "under the table" offer to some people to mange their accounts.
this will be company setup in a proper way (most likely offshore tough), with all investments taken in advance by me which are needed to do this.
non experience whatsoever in this kind of business.
that said, i have built 2 smaller IT businesses which i sold (currently working on the 3rd) and hold executive positions in sales and marketing.
i think my missing trading knowledge should have been pretty obvious by now.
my knowledge...
ty, 2 looks like an elegant an simple solution.
just i understood you correctly, those (lets call them) slave accounts will take the trades automatically then, or?
it would be even very elegant, as the client could chose his leverage level on its own.
i even prefer this setup as it...
not really sure what part of my OP looked like a scam.
i'd be we willing to take the cost to have the performance of system audited (which is necessary anyhow), can be traded on your accounts if setup is locked up.
and as far as compensation it is pretty obvious that % of the wining of the...
i cant give you that answer currently.
the setup of this whole "construct" can be 2ways
1) money of clients is transferred to one trading account (must be a separate account with no access to it to withdraw), so this solution must have a built in security barrier which protect the client...
thanks to both of you for the explanation.
i thought having a high Win% and low R-R made low drawdown and a more continues equity curve, but i can be corrected.
regarding who trades the algo)
i think i don't really understand the question, when its an automated trading system i assume...
Hey Guys,
i am a bit lost how to start this, ANY input is appreciated.
i have a business idea which evolves around a clientele which most of the time has several 10ks lying around dormant. this is money which is not needed immediately but should be possible to be accessed within one week...
i of course looked there, but didnt find anything in consolidated form.
google showed two dubious documents, but i didnt find any "plausibel" company offering
Hey Guys,
i want to test some ideas and will buy historical EOD & ID data, both is delivered with the stock code as index.
my idea involves some sector stuff, so i'd like to match the sector to the stock symbol automatically.
best would of course be sectors and industries, but whatever...