Are you a sucker who will lose to some prop shop or day trading desk? Learn how to automate your quant strategies or financial models
This was queued up by a discussion of someone who wants to invest into a ‘prop shop’. This came up with meeting with the local prop shop as described below. It amazes me there are literally fools, idiots, or even suckers who fall for this. One lady lost $40k within a week. Maybe she deserved it because the markets don’t care about your money. Why do you think I am after an automating your trading strategy with what I am building. Wanna be a sucker? Go for it!
I respond with -->
Its a simple setup, well trading rooms are in general, this setup is something I pictured you doing actually?
They can take in 12 traders and sounds like most are green traders, they really provide nothing proprietary,
just give basic trading education and hold the green guys hand till he gets going.
--> I figured it was this setup so it nothing special. Hey, I could automate each trader with a different strategy that could make them successful.
xxx.com This is his site that he referenced as not operating on his business card. They only trade equities at his Prop Trading Room, yet this is forex, they show who they use on this web page. But to be honest I discussed automated trading with them and they were not really aware of what took place yet his forex website indicates automated trading.
No Ninja Trader as we focus on Multicharts to implement custom financial models and trading strategies from Matlab Simulink
This wa a query from a visitor:
Hello: I watched your recent video but I am still confused about what exactly you are offering. You mentioned being able to whitelable your product and you made a reference to Ninjatrader. Are you saying that I could offer a trading platform under a different company name of my choosing? I have a trading approach that is relatively novel and I like the idea of being able to combine that with a whitelabled trading platform. On that note, what would the conversion process be regarding strats/indicators written in Ninjascript? I am assuing a complete re-write... If you can try to answer in a way that a non techie can follow that would be great.
I hope this posting answers how we we will accomplish this goal: