Gentlemen! I need your advice …

Quote from oskoptsev:

I have an application that generates 8-10% ROI daily, trading e-mini S&P 500.

I would like to sell it to a serious buyer.

Questions:
1. How much may I ask for it?
2. Whom to sell?
3. How to sell?

Thanks

1.
ES has good liquidity, your system should be scalable to 1000 contracts easy.
So dont sell it for less than $10 million.

If you can scale to 10,000 contracts you should be able to get $100 million IMHO.

2.
Sell to a large hedge fund, only those managing >10 billion will be able to afford it.

3.
Google a list of the biggest hedge funds and then phone the fund manager to arrange a time when you can do your sales pitch.


Hope this helps.
 
Quote from deviltrader:

I have an app that generates 125% per day, improves your golf game, and vacuums your carpets. I'll sell to the highest bidder.

I bid 500 Quatloos!
 
Dear Mr. Businessman!

I really appreciate your very constructive advice and would be glad to give you an access to online real-time prediction services and master trader results.

I'll send it to your private messaging.

Thanks.

Oleg
 
This system does not require back testing - it learns to trade using 500 days of tick data and result is incrementally improves with each round. So, I always know its potential.

It works on paper now and real-time trading results are published on internet during working ours.

In the attachment you may find some statistics for 3 last weeks and tree different versions.
 
Quote from deviltrader:

I have an app that generates 125% per day, improves your golf game, and vacuums your carpets. I'll sell to the highest bidder.

What are her measurements?

:D :D

TNG
 
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