[laalshaitaan]

lol not ai! yeah i do. so basically i'm building: https://exponential.markets/ and currently looking to understand if repositioning our brand for investors to invest in hedge funds will be more converting rather than invest in algorithms

[JSDevOps]

Is this a it like eToro copy trade?

[laalshaitaan]

yep, its similar! however, here you do not copy trade a person, here you trade as per the algorithm designed by the quant algorithm developer.

[JSDevOps]

> quant algorithm developer.

How do you verify that?

[laalshaitaan]

we show the investors the algo's backtest performance with years of data & 3 months of paper testing it on live!

they bet on the algorithm & not the developer as such! but they can see the dev's other algos and their AUM, returns, sharpe ratio etc to see how they're performing

[JSDevOps]

3 months is totally the wrong approach.

[laalshaitaan]

ahh, what'd you suggest?

Because the standard alphas that are submitted to other funds, they usually backtest it with years of data. And then let it paper trade for 3-6 months to make a decision on how much to bet upon.

would love to get your insights, since you've experience w hedge funds as well as algos