Can this strategy be automated?It looks like research is eventually giving results (after 14 years it would be about time) and backtests show a yield of 30-40% per year with a Sharpe of over 2. Good enough to deploy it on my own money, but I've too little of those money to be worth keeping this just for myself.
I know the "regular" path for retail (a.k.a "dumb") traders is to run the strategy on their money for a while then show "track record" and hope someone buys that. But there's also the quants working as researcher in hedge funds and once they find such a strategy, they don't have to run it for 10 years on their own savings to convince the fund to deploy it on it's capital. It's their job to do that, if the strategy withholds theoretical peer review and passes staging (virtual paper) tests, it's getting promoted to production.
I've never worked in such an alpha research position, partly because getting one is about as straightforward as winning the lottery and partly because in my location (Romania) the only work avaible is of the low level code monkey type. And when you got that, the whole ecosystem (local peers, local managers, remote managers, remote CEOs) is structured around never acknowledging that monkeys can think (me doing research as a side project), let alone talk (bring it out in the open). It's like Sarah suddenly starting to say, right before she passes away since she's nothing to lose anyways, "fuck you yew piece of shits, you could have been rich if only the thought that my opinion matters would have gone through your tiny heads" ( https://www.nytimes.com/2019/08/09/opinion/chimpanzee-sarah.html )
So anywayz, I have to re-run the tests on a broader scope but this time I'm 99.9% confident it's the real thing. I've been 98% confident previously and it was faulty data, since then I've thought of a curated data feed as a possible side business to my side business but that's small change anyways (although I've listed the subscription price at $12,000 / year). Now it's most likely not the data, or if it is then I'm raising my curation price to $120,000
So how to proceed from now?
How to sell a profitable trading strategy?
- Thread starter Aquarians
- Start date
What you call "dumb" path is the path to hold on to your IP. If you want someone to run your strategy with their money, you will give up your IP to them one way or the other.
How long would someone need to run your strategy to be convinced that it's working?
You piece of shits supporting the system haven't neither lived, imagined but all supported the system that creates The Man (The Gulag).
Rule #1:
#1 rule: You can't fight the system from within.
Rule #2:
#1 rule: is there hope?
Answer to #2: maybe. While working for The Man I read a Sci-Fi story about a monkey escaping it's captivity. Now the fact that latest resarch shows dark matter may be surviving Universes could be or not to the help of our Cause (to survive The Gulag at least that is).
Rule #1:
#1 rule: You can't fight the system from within.
Rule #2:
#1 rule: is there hope?
Answer to #2: maybe. While working for The Man I read a Sci-Fi story about a monkey escaping it's captivity. Now the fact that latest resarch shows dark matter may be surviving Universes could be or not to the help of our Cause (to survive The Gulag at least that is).
By definition it's automated already.
Half a year, a year at most.
Have you live traded your strategy at all? If not, why? A real track record is way more convincing than a backtest.
In the OP you said the sharpe was "over 2". How much over? If it's only 2.0001, then that could take years to show.
2.5 to 4 as far as I saw.