Tag Archives: regarding

Regarding Matlab… in 2017

A very valid question from a member:

 

Hi Bryan.

there just aren’t enough hours in the day with my job to watch every video… wow!

My head is going to explode…. trouble focusing on Python training…  look over there… cows!

anyway…

question about Matlab…

I want to get it, but what add-ons do you think I need based on possble IB API strategies?

Keep in mind, that each add-on is $50 or so..

With all the add-ons you could think of, would it be more than $500,say?

Thanks for the kind words but it is a lot so I have spent over the last months stripping out stuff you may not need. The Python should be the easiest and quickest path to your goals. You COULD get Matlab but I am not needing it at this point since Python covers a lot of it. As you know, Python is free. As for the costs of Matlab, it sounds right but your best bet is to go to their site/sales staff to confirm. Also, it is still highly limited on how you can extend your Matlab scripts to do anything with other systems. This is when it gets into the thousands of Matlab costs.

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Accounting question regarding automated trading systems

Accounting question regarding automated trading systems

Could trading strategies and/or trading algorithms be capitalized as identifiable intangible assets on the balance sheet? While I am on the fence with seemingly discretionary strategies that may be written down and explained, I would think hard-coded trading algorithms would fit an intangible asset description since it would be possible to sell/separate them from the company. Please offer your ideas, and if you have industry experience dealing with this question, and how it is usually handled (reported or not, amortized or not, how valuation of such assets work, etc.)

Thanks in advance,

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, I think one of the primary issues would be if you sell the system vs use the system. In that sense, is a trading system really any different from an inventory system for a retailer?

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I don’t see why not. There are some reasonably well-understood practices for valuing other kinds of intellectual property, for example when doing a company valuation for sale. I don’t know whether you can or must report the values of intangible assets in any given industry – you’d need to ask a tax lawyer on that one. The question is what you’re trying to get from it.

 

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!