For profitable traders only...how much is your strategy worth?

[wwatson1]

Mines worth about $15

 

[srinir]

PS. if you can afford it, you can have my all my strategies for 2x of my average PnL (let's say for the last 3 years)

I can also sell my greatest trading strategy of last 3 years for 2x PnL. It is up almost 40%, with sharp of 0.93 and it doesn't have scale problem.

Strategy is called buy and hold of SPY.

 

[jinxu]

What is the value? Priceless, when you have spent irreplaceable time developing a system. But for a lone developer that has lost everything multiple times over, then finally has 1 in a million system, mid to upper single digit millions at least.
As for discretionary or automated. You'd want to buy the manual system, because the entrances and exits would be staggered from anyone else trading the same system. If multiple traders are using the same auto system based off numerical triggers, it's more likely you'd be fighting for the same volume. Manually, if minutes passed between traders, that could be millions of dollars, the strategy would just fade away into the background. Less chance of it failing as quickly or at all.

Not priceless. I would sell mine at what I would expect to make from it for 30 or 50 years from now as that's how long I expect to live and then use the money to retire early. And the next guy can figure out what he wants to do with it. What's this BS of selling it for 2x annual revenue. That's joking right?

 

[vincentnyc]

Not priceless. I would sell mine at what I would expect to make from it for 30 or 50 years from now as that's how long I expect to live and then use the money to retire early. And the next guy can figure out what he wants to do with it. What's this BS of selling it for 2x annual revenue. That's joking right?

That is real world example of buying a business...u noob that never buy/sell a business have no understanding of the real world.

 

[qlai]

If someone offered me $500k I wouldn't take it seriously, $2m I would think about it

What about selling for 500k to four or more shops? I assume a serious buyer would require you to sign some exclusive, but that would not prevent you from trading it yourself, right?

 

[vincentnyc]

First off there is one human being I trust and you are not him since he is not a member of this forum. All systems I have back tested, forward tested and manually traded from couple years to four decades showed profits are automated and self adjusting on weekends. All of this took much time and expense to be/have programmed, and continuation ongoing efforts. Second, I would never trust anyone to not share or keep their big mouth shut. Third, whatever you could pay me would not be worth my time but more importantly my ability to trust you, let alone at some point you be my enemy as both would be going after same prices with larger volumes eventually. Forth, I generally can't stand being in same room let alone to be on phone with other traders any more, feel like I need a shower afterwards.

People do not understand, the ones with the least amount of knowledge buy trading systems and when systems need adjustment, buyers lack ability to adjust or even stop trading them. Every system I have developed has had adjustments through the months/years, I try to do what HFTs do not do, some are chart related with "kicks", something most people don't seem to see cause it takes great deal of time back testing tidbits of patterns within patterns. The quant work been doing, these work for few months and slide into stop working and I have noticed the climate they work has much to why they work and lack of content reason they stop, so then design to resume when content is correct. But anyone buying something like this would be very unhappy as they would lack abilities.

When it comes down to it all, there is no way around it, best golfers, physicians, parents etc have plans and goals, dedicated to work and not dream, to gain knowledge when too many say it can't be done, and you become a lone wolf.

Exactly. Even if u are willing to sell it and I buy it from you. How do I know that you won’t sell your strategy to another person to make more money?

 

[vincentnyc]

My answer would be: show me first hard proof that you have 4/5 billion to pay me. Then we can talk (maybe).

I doubt you are making billions in trading even in your lifetime of trading. So no from me...your valuation of your strategy is unrealistic and I have to pass on your offer. Mark Cuban sold his website to yahoo for billions of dollar. And yahoo then have to write down that lost in a couple of year. I’m not that sucker. U have to find another sucker.

 

[jinxu]

That is real world example of buying a business...u noob that never buy/sell a business have no understanding of the real world.

Somehow I figured you'd be that "one" person that would reply to my post. No I don't have real world experience buying selling businesses and I don't need to as that is not the business I am in. I am more like a robber then a merchant.

On a side note. Are we supposed to believe you are a successful business man?

 

[vincentnyc]

Somehow I figured you'd be that "one" person that would reply to my post. No I don't have real world experience buying selling businesses and I don't need to as that is not the business I am in. I am more like a robber then a merchant.

On a side note. Are we supposed to believe you are a successful business man?

because u never treat trading like a business. u think it is all fun and game. let me repeat. trading is a business.

 

[jl1575]

My answer would be: show me first hard proof that you have 4/5 billion to pay me. Then we can talk (maybe).

If someone has 4-5 billions, why bother to trade?
Put into SPY, collect 2% yearly and that is about 100 millions WITHOUT doing anything and basically risk free; even if SPY drops by 50% you still have 50 millions yearly, and the capital could increase in time in long term..
Or they will put some into venture capital to fund some startup and help create something that are exciting or something completely original either for fun or for profits.