NexusFi: Find Your Edge


Home Menu

 





Fair price for ATS


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one Zoethecus with 26 posts (7 thanks)
    2. looks_two Big Mike with 6 posts (8 thanks)
    3. looks_3 sharky with 4 posts (14 thanks)
    4. looks_4 Silvester17 with 4 posts (0 thanks)
      Best Posters
    1. looks_one David with 4.5 thanks per post
    2. looks_two sharky with 3.5 thanks per post
    3. looks_3 Big Mike with 1.3 thanks per post
    4. looks_4 Zoethecus with 0.3 thanks per post
    1. trending_up 18,738 views
    2. thumb_up 45 thanks given
    3. group 15 followers
    1. forum 64 posts
    2. attach_file 2 attachments




 
Search this Thread

Fair price for ATS

  #11 (permalink)
 Zoethecus 
United States of America
 
Experience: Advanced
Platform: NT
Posts: 1,145 since Aug 2009


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.

Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Trade idea based off three indicators.
Traders Hideout
How to apply profiles
Traders Hideout
NexusFi Journal Challenge - May 2024
Feedback and Announcements
Exit Strategy
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Spoo-nalysis ES e-mini futures S&P 500
48 thanks
Just another trading journal: PA, Wyckoff & Trends
31 thanks
Tao te Trade: way of the WLD
24 thanks
Bigger Wins or Fewer Losses?
24 thanks
GFIs1 1 DAX trade per day journal
22 thanks
  #12 (permalink)
 
sharky's Avatar
 sharky 
MIAMI,FL
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader, tradingview
Broker: Private
Trading: Crypto and natural gas
Posts: 1,063 since Jun 2009
Thanks Given: 625
Thanks Received: 3,906

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

KILLING THE MARKETS DAILY
Visit my NexusFi Trade Journal Reply With Quote
  #13 (permalink)
 Zoethecus 
United States of America
 
Experience: Advanced
Platform: NT
Posts: 1,145 since Aug 2009



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?

Started this thread Reply With Quote
  #14 (permalink)
 Zoethecus 
United States of America
 
Experience: Advanced
Platform: NT
Posts: 1,145 since Aug 2009


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?

Started this thread Reply With Quote
  #15 (permalink)
 
Silvester17's Avatar
 Silvester17 
Columbus, OH
Market Wizard
 
Experience: None
Platform: NT 8, TOS
Trading: ES
Posts: 3,603 since Aug 2009
Thanks Given: 5,139
Thanks Received: 11,527


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.

Reply With Quote
  #16 (permalink)
 
sharky's Avatar
 sharky 
MIAMI,FL
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader, tradingview
Broker: Private
Trading: Crypto and natural gas
Posts: 1,063 since Jun 2009
Thanks Given: 625
Thanks Received: 3,906

900 a month on one car?...sharky

KILLING THE MARKETS DAILY
Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #17 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,446 since Jun 2009
Thanks Given: 33,217
Thanks Received: 101,610


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.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #18 (permalink)
 Zoethecus 
United States of America
 
Experience: Advanced
Platform: NT
Posts: 1,145 since Aug 2009


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

Yes.

Started this thread Reply With Quote
  #19 (permalink)
 
sharky's Avatar
 sharky 
MIAMI,FL
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader, tradingview
Broker: Private
Trading: Crypto and natural gas
Posts: 1,063 since Jun 2009
Thanks Given: 625
Thanks Received: 3,906

1 car = 900

20 cars = 18,000

so 500 is ok with me...sharky

KILLING THE MARKETS DAILY
Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #20 (permalink)
 
sharky's Avatar
 sharky 
MIAMI,FL
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader, tradingview
Broker: Private
Trading: Crypto and natural gas
Posts: 1,063 since Jun 2009
Thanks Given: 625
Thanks Received: 3,906


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

KILLING THE MARKETS DAILY
Visit my NexusFi Trade Journal Reply With Quote
Thanked by:




Last Updated on October 21, 2010


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts