Cost of Programmer to automate

Quote from fatrat:

I find this thread horribly depressing.

I used to do small projects and stuff for free to keep my skills sharp, but now I am regulated and no longer do anything outside of work -- aside from pet projects. They pay me nicely to compensate for my inability to trade anything except on paper or in long-holding periods/intervals.

The only people truly qualified to assess the quality of a programmer are other programmers. Even then, programmers have disputes about languages, methodologies, etc. Just ask anyone who has ever interviewed for a job, especially regarding what they thought was important vs. what the interviewer thought was important.

That having been said, the OP should just sack a few k on simple, idiotic systems on a few different programmers from foreign lands. Figure out which guy delivers reliability on some partially-profitable or non-profitable model and put the ATS on a paper account. Then go back to the programmer who gave you the best work and ask for more work.

For example, there's no statistical edge in using technical analysis indicators. Make up some dumb system buying oversold and selling overbought on RSI or an equivalently dumb project. So the best way to find a programmer among the set of programmers is to hire 2-3 low wage foreigners, then pit their work against each other and see where the features match up, and where there is consistency and accuracy. When you finally settle on someone's work, then move on to push a more advanced project.

There's some magic in this advice, because if you get 3 products from 3rd worlders vs 1 product from an American programmer, you have an idea of what can go right and what can go wrong from the various attempts at development. Eventually, you will find a groove and characteristics of programmers that you like -- just based on your experience and your interactions with the guy you work with.

American programmers will cost you a lot, because the economics of living for us is completely different than that of someone living in India. You are not going to get top Wall St. talent, however -- the people who can code high quality financial stuff do code high quality financial stuff and they whore themselves out to Wall St.
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************* this is a post from experience, follow fatrat's post, this guy knows what he's talking about********



I use to run a software programming company, that offloads to offshores, to russia, china, india,

ukrainians/romanians/ best programmers who speak english
indians are ok , lot of lazies
chinese, alright, but not good in communication


re-read fatrat's post and follow it step by step, that is how you get good programmers.
 
I hired some extremely taleneted programmers for around $5-10 a hour.


I use to , and still can contract out to some assembly , C++ wiz dood in russia for around $2500 full time, $1250 4 hours a day a work.

These guys can code anything in your possible mind


you just need to find the right people with the right motivation, A US programmer won't be motivated if he can make $4k, and you pay him $3k

but a Russsian programmer, a skilled one, who's base pay in russia is $1k, and you pay him $2.5k , thats 2.5x his normal pay.

He'll bust ass for you
, Its all about motivation for jobs.
 
The best and last advice I can give is

learn easylanguage by tr4destation



Its called easy language for a reason, its like coding for idiots, I use to be a programming manager , but I could only code stupid shit, but with easylanguage

even stupid shit can work there.

With easylanaguage you can tweak your heart out, for harder codes, get a programmer to tweak it in easylanaguage for you.


Easylanguage= can be learned within 1-2 weeks.


--------

The best part about easylanguage, is they have the base code already programmed, which is the sending orders, recieving orders, stop limit orders, back testing, enviroment for you to code in.

If you coded this from C++ from base up, its like re-inventing the wheel.
 
Quote from coolweb:
but a Russsian programmer, a skilled one, who's base pay in russia is $1k, and you pay him $2.5k , thats 2.5x his normal pay.
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We pay something like 3.5K after taxes, which makes ~4-5K before taxes... and this is in St.Petersburg, not in Moscow... and you should rather think about EUR since USD is a joke these days...

I am afraid you should look somewhere else with your $1K :cool:
 
I program my own. Depends on how complex the strategy is. I've written some in a few minutes - others took days worth of work. Some programs you can find already done and free to download off certain automated trading sights.
 
Quote from Jerry030:

Acutally RedHat, that is you own invention. If you reread my posts you'll see that I said I knew of such things not that I was their manager. If you wan't to be respected in a American culture you'll have to drop the manufactured reality that was typlical of Pravda and look at what is real. Pretending to believe and act on illusion is what ended the Soviet Union
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Jerry,
you have to chill a bit regarding Moscow/Pravda/SovietUnion etc. and remove RedHats geographical location out of your argument. Here are some facts regarding Moscow where RedHat is from:
There is a lot of money in Moscow (due to oil and gas). Many western investment banks, IT companies etc. etc. have offices there. For example, Deutsche Bank has a development center with 400+ developers, so does Google. Most of the management is either western or with top western experience/education.
So the culture and processes in many places are no different then in the west/US.
 
Quote from TraderD:

Jerry,
you have to chill a bit regarding Moscow/Pravda/SovietUnion etc. and remove RedHats geographical location out of your argument. Here are some facts regarding Moscow where RedHat is from:
There is a lot of money in Moscow (due to oil and gas). Many western investment banks, IT companies etc. etc. have offices there. For example, Deutsche Bank has a development center with 400+ developers, so does Google. Most of the management is either western or with top western experience/education.
So the culture and processes in many places are no different then in the west/US.
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Well, he claims to know more about how commercial programming works in the US than I do, when if fact he understands nothing about it. If it's not a cultural defect in perspective then perhaps it's just a personal one on his part (the need to maintain you know about something when you are ignorant)

He asked what I knew about the USSR so I told him.
What is your issue with that?
 
Quote from Jerry030:

Well, he claims to know more about how commercial programming works in the US than I do, when if fact he understands nothing about it. If it's not a cultural defect in perspective then perhaps it's just a personal one on his part (the need to maintain you know about something when you are ignorant)

He asked what I knew about the USSR so I told him.
What is your issue with that?
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Show me my post where I told about "commercial programming in US" or that I know more. What I wrote is that you need to have the detailed project plan or specs to start custom programming project. Else you can end that your customer continually changing his requirements.

As for US I refer Ed Sallivan
http://www.amazon.com/Under-Pressur...=sr_1_3?ie=UTF8&s=books&qid=1206961619&sr=8-3

I am 100% sure he has very good experience in management of IT projects. I worked in one organisation where we had similar conditions, strict project plan with multiple milestones. We did not have time to introduce new 'creative' ideas because else we will fail the project itself.
 
Quote from Jerry030:

No I'm not a former USSR citizen. I'm a German American and have never been to the Russia.

I'm a student of history.

Flaws of the Soviet System:

1) Most countries have border controls to keep foreigners out without a passport and visa - the USSR had to shoot people at the borders to keep them in.

Jerry030
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Do you know where was Japanese population of US during the WW2? Most democratic country, lol. Are you stand for bringing democracy to Islamic country, like Iraq? Study your history, vote for GWB.
 
Quote from RedRat:

Show me my post where I told about "commercial programming in US" or that I know more. What I wrote is that you need to have the detailed project plan or specs to start custom programming project. Else you can end that your customer continually changing his requirements.

As for US I refer Ed Sallivan
http://www.amazon.com/Under-Pressur...=sr_1_3?ie=UTF8&s=books&qid=1206961619&sr=8-3

I am 100% sure he has very good experience in management of IT projects. I worked in one organisation where we had similar conditions, strict project plan with multiple milestones. We did not have time to introduce new 'creative' ideas because else we will fail the project itself.
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All you can do I quote someone, I've worked in US IT for 30 years.
OF course you know more about that's done in various circumstances here than I do because you are psychic...right?
 
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