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Monetization path for selling slash licensing trading strategies (elitetrader.com)
2 points by LeozMaxwell 1985 days ago
1 comments

I'm sure you're all familiar with the 90% law in software.

Still after working 15 years and KNOWING about sturgeon's law, I'm not prepared for it: https://imgur.com/a/yGiWnQH

I'm reproducing here a post that I make to a specialized comunity. Got few answers from them and none from the 100,000 quants from Wilmott or nuclearphynance (specialized forums dealing with this: https://imgur.com/a/FvgJr4y In short I'm a loser who spent the last 15 years working on an "overnight success", which all informed minds know takes 10 years.. tops. So way past deadline I'm a loser and should go where losers go.

=== Monetization path for selling / licensing trading strategies ===

https://www.elitetrader.com/et/threads/monetization-path-for...

[...]

So in addition to the technical roadmap, there's also a business roadmap ahead: Biz_1) Offer a free version of the client app, bundled with some default / demonstrative / well known trading strategies. Don't expect these strategies to work wonders and also even they may not be free forever because running a server costs money. So it's more like a trial version with extended use. Biz_2) Offer a premium plan which delivers and runs some proprietary strategies that I developed myself. First one is a relatively HFT one, not bad if you get the executions but too infrequent for me to make much of it. Still $5 / year or so for it would result in almost surely making more than a customer would pay for :)

Biz_3) Offer a "deluxe" plan which basically delivers this: https://imgur.com/a/VTKiFOp ===