Comments on: pimp that strat http://www.puppetmastertrading.com/blog/2009/03/18/pimp-that-strat/ Algorithmic trading experiences Wed, 28 Jul 2010 01:46:39 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: tito http://www.puppetmastertrading.com/blog/2009/03/18/pimp-that-strat/comment-page-1/#comment-7584 tito Sat, 12 Dec 2009 20:48:40 +0000 http://www.puppetmastertrading.com/blog/?p=415#comment-7584 There's a MARKET for ass, too. Doesn't mean I wanna be in it ;^> There’s a MARKET for ass, too. Doesn’t mean I wanna be in it ;^>

]]> By: Lurker http://www.puppetmastertrading.com/blog/2009/03/18/pimp-that-strat/comment-page-1/#comment-7582 Lurker Sat, 12 Dec 2009 19:05:32 +0000 http://www.puppetmastertrading.com/blog/?p=415#comment-7582 This question - "If this strategy is so good, why are you selling it? Why not just trade it yourself?" - is the holy grail of bullshit. Assume you have a strategy that averages 15% at 5% standard deviations. That's a pretty good GD system, it would clean the clock out of most - no, actually, ALL! - of the returns on the CS/Tremont HF index. Further assume that you CAN trade it yourself. Now, assume that you have wealth at the level that exceeds 90% of Americans, i.e., you have only low-six-digit liquid capital. Can you LIVE and GROW your stake on $15K annually? I didn't think so. But there's a MARKET for a system like that. 200 newsletter followers at $200 annually is about 3x what you can make trading it yourself. Getting the system sold to an investment management fund for 10% of their management fees is a livable income. Why don't you just trade it yourself? LOL! This question – “If this strategy is so good, why are you selling it? Why not just trade it yourself?” – is the holy grail of bullshit.

Assume you have a strategy that averages 15% at 5% standard deviations. That’s a pretty good GD system, it would clean the clock out of most – no, actually, ALL! – of the returns on the CS/Tremont HF index.

Further assume that you CAN trade it yourself. Now, assume that you have wealth at the level that exceeds 90% of Americans, i.e., you have only low-six-digit liquid capital.

Can you LIVE and GROW your stake on $15K annually? I didn’t think so.

But there’s a MARKET for a system like that. 200 newsletter followers at $200 annually is about 3x what you can make trading it yourself. Getting the system sold to an investment management fund for 10% of their management fees is a livable income.

Why don’t you just trade it yourself? LOL!

]]> By: Hack the market » containing a strategy http://www.puppetmastertrading.com/blog/2009/03/18/pimp-that-strat/comment-page-1/#comment-5245 Hack the market » containing a strategy Wed, 19 Aug 2009 19:47:34 +0000 http://www.puppetmastertrading.com/blog/?p=415#comment-5245 [...] Although I’m talking about our system in this blog, we’re not marketing the system and happily “just” use it for our own trading activities.  We had looked into marketing the system previously but ultimately feel the same about selling stratbox as selling strategies… [...] [...] Although I’m talking about our system in this blog, we’re not marketing the system and happily “just” use it for our own trading activities.  We had looked into marketing the system previously but ultimately feel the same about selling stratbox as selling strategies… [...]

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