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Fair price for ATS
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Fair price for ATS

  #11 (permalink)
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cory View Post
ok, 1 week of kick-the-tire trial and then 10% of the profit.

Are you sure? What if that one week trial produced an outlier of $5K? Would you sign up for $500 a month?

When I get to my backtesting/optimizing computer, I will post monthly and weekly results.


Last edited by Zoethecus; October 7th, 2010 at 11:19 PM.
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  #12 (permalink)
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hmmm

i beleive traders trade because they love to trade what fun is it to just run a program ??? thats either lazy or a lack of love for the game, i trade because i love to trade i learn code because it fun for me to do if i have free time from trading and studying so to pay for a script that traded for me would be worth paying up to 500 a month i guess if i knew that it was goning to trade better than me every day, that way i could focus on trading and not having to worry if i lost or won, but on the other hand it might give me a false sense of security and make me a sloppy trader so who really knows what a program is worth that can trade for you...sharky

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  #13 (permalink)
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chartman View Post
they never work do not spend a dime

For your convenience, I'm copying a sentence from the first post.

<<It doesn't matter if you'd never purchase an ATS--you can still give your opinion as if you were interested.>>

Just curious, chartman, have you tried them all?

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  #14 (permalink)
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sharky View Post
i beleive traders trade because they love to trade what fun is it to just run a program ??? thats either lazy or a lack of love for the game, i trade because i love to trade i learn code because it fun for me to do if i have free time from trading and studying so to pay for a script that traded for me would be worth paying up to 500 a month i guess if i knew that it was goning to trade better than me every day, that way i could focus on trading and not having to worry if i lost or won, but on the other hand it might give me a false sense of security and make me a sloppy trader so who really knows what a program is worth that can trade for you...sharky

Thank you, sharky.

This strategy according to the backtest data, earns about $900 a month after commissions. Are you saying you would pay $500 a month for that return?

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Zoethecus View Post
Kindly elaborate if you will.

Your reply is much appreciated.

just to be on the lower end I took that 1,500 less (vendor's default settings) in consideration. I included commission as well. and by trading 2 contracts, 300 is about 20 %.

this was just a rough calculation. didn't use a calculator.

of course if this system is really consistent and you can trade 5 or 10 contracts, 300 a month is really cheap.

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hmmm

900 a month on one car?...sharky

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Zoethecus View Post
Thank you, sharky.

This strategy according to the backtest data, earns about $900 a month after commissions. Are you saying you would pay $500 a month for that return?

Why stop at $900. Why not trade 10 times the cars and make it $9,000, so on, so forth.

In real estate they have a saying "A house is worth whatever someone is willing to pay for it". Same is true for this ATS, I suppose. Personally I would pay $0 for it.

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sharky View Post
900 a month on one car?...sharky

Yes.

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hmmm

1 car = 900

20 cars = 18,000

so 500 is ok with me...sharky

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hmmm


but........................................... as i have never seen a strat work good over a period of time and i know several programmers that have spent years working on strats including our on mike then i would have to agree with him on this one...sharky

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