Would you lease an automated trading system

Quote from dom993:

I am evaluating a couple of options to monetize my trading system while I trade it live - one of these options being to offer the Ninja strategy for lease.

I have the following questions for you:

1. "Would you ever lease an automated trading system"?


Thanks in advance for your responses
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dom997;
Well if i had to lease or buy;
lease,LOL:D

Better & best, do your own research:cool: ;
wisdom is profitable to direct.:cool:

As far as you offereing your ''system'' for lease;
might as well try it, people lease cars, so logic/wisdom/profit isnt really necessary to lease something.LOL:D
 
Quote from dom993:
I am evaluating a couple of options to monetize my trading system while I trade it live - one of these options being to offer the Ninja strategy for lease...

Have you looked at striker.com?
 
Quote from sma202:

if it doesn't make any money for you then of course lease it, otherwise why would you ever do it? given that you're using ninja I guess it's the former.

I lease my strategies for a cut of the profits. The reason is because I am not comfortable with the maximum level of risk; I'd rather let someone take the risk and just take a cut after the fact.

You could argue that this is stupid -- however, my personal financial situation couldn't withstand a tail-risk event (at maximum, saturation level of operation) whereas the guy doing the lease can. I can't afford a hit; they can.

I should add that I can terminate the lease, but there's no need to as I see the situation as win-win. The relationship also frees me up to do R&D and lets me collect a check without the pressure of having to worry about a max-levered bad bet. The strategy runs at saturation (no more liquidity can be had.)
 
Quote from abattia:

Have you looked at striker.com?

Yep, still in the process of doing that ... they charge $20 comm. per contract per round-turn to their customers leasing systems (intraday systems, it is $30 for swing systems & $40 for position systems), and the customers have to pay the system designer the monthly lease on top of that. Depending on the year, this could chew 25% to 50% of the system result for the customer. I don't really like it.
 
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