Fundseeder. Opinions? Useful/Not. Risk?

[lawrence-lugar]

It's really one of two things:

1) You aren't a very good trader. Then don't bother, because nothing they provide there will help you take it to the next level anyway.

2) You are a great trader. Then don't freely give your ideas to someone else. Find a way to monetize it yourself while keeping your trading proprietary.

Don't share your trading methods with anybody, ever ! Unless it's shit, then by all means share with the world.

I've always been a lone wolf type, not a team player...but I never understood these types of businesses. I can understand the business side of it...but for the trader...why share/exploit your strategy or skill if you are truly good? you don't really need anybody.

 

[Blueline]

The difference is between "think" and "know".
Traders "think" that they know.....and.....Traders "know" that they know.

Those who "think" will join.....and those who "know" will not.....the gap between "think" and "know" is to be known!

 

[dealmaker]

Its "opportunity cost", no question they'll take your system and use it if they deem it worthwhile, question is are they going to seed you enough to make an appreciable difference...

 

[archeolog108]

There's several things like this floating around but they are all based on the same concept. If you actually do prove to them you have a successful system, it won't be long before your system becomes their system. That's the whole point of them doing it. Same as things like World Quant. They are throwing out a big open net waiting to monetize other peoples success.

It's really one of two things:

1) You aren't a very good trader. Then don't bother, because nothing they provide there will help you take it to the next level anyway.

2) You are a great trader. Then don't freely give your ideas to someone else. Find a way to monetize it yourself while keeping your trading proprietary.


Don't share your trading methods with anybody, ever ! Unless it's shit, then by all means share with the world. Become one of those "if you can't do teach" online guru's.

But if you can do, then do it yourself

0.02$

Aren't you a little paranoid?
Do you have any ideas how to monetize? Start fund? Do CTA license in US? Do PAMM accounts at broker's? How to get a lot of AUM?

 

[TheNotSoGreatGatsby]

They could possibly take your entry and exits to run algorithms to find a strategy within popular indicators, fibs, and other TA everybody uses. But as long as your system is proprietary I don't see how they could possibly crack it.

 

[tomas262]

Reverse engineer trading system? Well, definitely not mine while it's a pure discretion. I myself sometimes have difficulties to replicate that but slowly improving :-D

 

[marketsurfer]

Someone is giving you money and u are worried about risk? Geeeez, no wonder most lose in this biz

 

[achilles28]

There's several things like this floating around but they are all based on the same concept. If you actually do prove to them you have a successful system, it won't be long before your system becomes their system. That's the whole point of them doing it. Same as things like World Quant. They are throwing out a big open net waiting to monetize other peoples success.

It's really one of two things:

1) You aren't a very good trader. Then don't bother, because nothing they provide there will help you take it to the next level anyway.

2) You are a great trader. Then don't freely give your ideas to someone else. Find a way to monetize it yourself while keeping your trading proprietary.


Don't share your trading methods with anybody, ever ! Unless it's shit, then by all means share with the world. Become one of those "if you can't do teach" online guru's.

But if you can do, then do it yourself

0.02$

That's exactly what they're doing. At least that's what Open Quant does. Haven't bothered to look at Fund Seeder.

Giant open-source dragnetting of intellectual property.

 

[Al_Bundy]

They surely talk a big game:

 

[Trastamara]

Yes, big game named big data...or data minig if you prefer.
"Our solution: A performace & data Analytics for tracking traders from all over the globe".
Rules clear... 90% of traders goes in loss or take trades in the wrong direction...
Their bots knows accuratly what his traders do every moment... and they take the mirror position... sounds easy make sense. Thats what i think ...maybe Im wrong with?