Profitable strategy for sale

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Trader724
Posts: 559
Joined: Fri Dec 27, 2019 11:22 pm

My offer is a horse racing strategy that I don't use anymore because I have a much more advanced version that suits my level better, so it's not complicated at all, it can be automated in less than an hour in BA or excel or in any other software with basic automation capabilities or you can trade manually.

I give it at a low price for what it offers (~10x starting bank a year with my balanced money management) of course you can still work on it as I did, hope you'll not be doing the same thing I am, though. 😂

My opinion is that it suits very well someone who has not yet managed to become profitable because he/she will be able to draw many conclusions seeing what characteristics a strategy that works has, and what kind of money management should be used. For other details for those who are interested, you can PM me. The offer is serious. I want to mention that this is the first time (and the last time) I sell a strategy so I don't know exactly how it is ideal for the process to go, but we can find a satisfactory option for both. I can also offer it to only one person, first come first served. I'll post here if it's given to anyone.
The money will be donated to someone that needs it more than me.
For those who are not interested in buying, I would appreciate opinions if it is good thing to buy / sell a profitable strategy. Thank you!
rik
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Joined: Sat Jan 25, 2014 5:16 am
Location: London

If you have a more advanced version thats better doesnt mean you cant run something else at the same time. If it works it works, doesn't make sense not to use something thats profitable.
Whats 10x a starting bank, could be anything.
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Trader724
Posts: 559
Joined: Fri Dec 27, 2019 11:22 pm

rik wrote:
Mon May 17, 2021 1:10 am
If you have a more advanced version thats better doesnt mean you cant run something else at the same time. If it works it works, doesn't make sense not to use something thats profitable.
Whats 10x a starting bank, could be anything.
I already have too many that go at the same time, and I don't want to increase my liability with all sorts of variations.
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Trader724
Posts: 559
Joined: Fri Dec 27, 2019 11:22 pm

rik wrote:
Mon May 17, 2021 1:10 am
Whats 10x a starting bank, could be anything.
10 times starting bank means that if you start with 1000 next year at that time you have 10000.
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johnsheppard
Posts: 283
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Location: Cairns Australia

What does balanced money management mean?

I presume there are plenty of strategies out there that are profitable if you don't pay PC....but that cease to be profitable once you pay PC?

As I am not profitable as yet, I have always contemplated seeking those out...surely they go cheap right? :)
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Trader724
Posts: 559
Joined: Fri Dec 27, 2019 11:22 pm

johnsheppard wrote:
Mon May 17, 2021 1:36 am
What does balanced money management mean?

I presume there are plenty of strategies out there that are profitable if you don't pay PC....but that cease to be profitable once you pay PC?

As I am not profitable as yet, I have always contemplated seeking those out...surely they go cheap right? :)
Balanced MM means sensitive stakes so that the P&L is balanced, without very large variations.
michaelhud1
Posts: 18
Joined: Wed Sep 02, 2020 10:40 am

Trader724 wrote:
Mon May 17, 2021 1:53 am
johnsheppard wrote:
Mon May 17, 2021 1:36 am
What does balanced money management mean?

I presume there are plenty of strategies out there that are profitable if you don't pay PC....but that cease to be profitable once you pay PC?

As I am not profitable as yet, I have always contemplated seeking those out...surely they go cheap right? :)
Balanced MM means sensitive stakes so that the P&L is balanced, without very large variations.
And now down the Google hole
rik
Posts: 1583
Joined: Sat Jan 25, 2014 5:16 am
Location: London

Trader724 wrote:
Mon May 17, 2021 1:30 am
rik wrote:
Mon May 17, 2021 1:10 am
Whats 10x a starting bank, could be anything.
10 times starting bank means that if you start with 1000 next year at that time you have 10000.
Ah right that makes sense, I misread that thought you wanted to sell the system for the price of 10 starting banks.
Can you pm me your last profit/loss statement, very interested to buy.
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ODPaul82
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Location: Digswell Herts

I'll trade you 5 potatoes and a banana.
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ODPaul82
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Location: Digswell Herts

dogbot.png
Or I'll trade you this which is live from October last year, back testing over 7 years shows +20 points on average per month
£2.5k upfront and I also want the potatoes and banana.
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Trader724
Posts: 559
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ODPaul82 wrote:
Mon May 17, 2021 2:09 am
I'll trade you 5 potatoes and a banana.
I'll trade two potatoes and a banana for your 5 potatoes and a banana. My banana is bigger.
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decomez6
Posts: 651
Joined: Mon Oct 07, 2019 5:26 pm

Trader724 wrote:
Mon May 17, 2021 12:50 am
I don't use anymore because I have a much more advanced version that suits my level better. I can also offer it to only one person, first come first served.
generosity appreciated thanks ,

your system has undergone through an evolution(charles darwin comes to mind) , whats the granularity- level/stage/layer -are we talking about ?.
-does it mean if anyother person uses it, the edge will devolve or exchange hands to the newer user?
and also, if your buyer sells it to someone else for a better price than he bought it and still continue to use it ,how would you measure that?
what percentage of the edge will be shared amongst the newer users?

if you can detect that usage , it means you are working at the very front end of the market .you must have a vast amount of knowlegdge( database) that allows you peel off all the market layers/random variables , and observe what is happening there.
if the latter is positive, consider me your new student and i will pay you to teach me how to fish in those deep waters.

N:B: iam not saying the system is not profitable .and i see no reason why you should not sell it if its only gathering dust , due to mantainance /time constrains and costs.
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ilovepizza82
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Location: Sewers
Contact:

Just post it here.
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Trader724
Posts: 559
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decomez6 wrote:
Mon May 17, 2021 8:57 am
Trader724 wrote:
Mon May 17, 2021 12:50 am
I don't use anymore because I have a much more advanced version that suits my level better. I can also offer it to only one person, first come first served.
generosity appreciated thanks ,

your system has undergone through an evolution(charles darwin comes to mind) , whats the granularity- level/stage/layer -are we talking about ?.
-does it mean if anyother person uses it, the edge will devolve or exchange hands to the newer user?
and also, if your buyer sells it to someone else for a better price than he bought it and still continue to use it ,how would you measure that?
what percentage of the edge will be shared amongst the newer users?

if you can detect that usage , it means you are working at the very front end of the market .you must have a vast amount of knowlegdge( database) that allows you peel off all the market layers/random variables , and observe what is happening there.
if the latter is positive, consider me your new student and i will pay you to teach me how to fish in those deep waters.

N:B: iam not saying the system is not profitable .and i see no reason why you should not sell it if its only gathering dust , due to mantainance /time constrains and costs.
I didn't offer to teach anyone very advanced things, probably no one would do that unless they would benefit more than by trading throughout their whole career which is hard to believe. I would not pass on a strategy if I thought it would become unprofitable.

As long as we don't do the same thing at the same time and we don't have the same tactics, we won't significantly influence each other. Whoever buys the strategy can do whatever they want, I am always waiting for changes in the markets because the changes bring new opportunities.
When an edge disappears from one place it will appear in another place.
However, if I bought a strategy, I would keep it just for myself, It will bring more money than if I sold it.
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Trader724
Posts: 559
Joined: Fri Dec 27, 2019 11:22 pm

ilovepizza82 wrote:
Mon May 17, 2021 9:09 am
Just post it here.
Maybe I'll do it if no one buys it, just for fun.
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