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Proposal:
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Rather than a pure open source code system, there may be
10 - 20 other people such as myself , willing to kick-in
$10,000 or more to complete a project such as Traderware.
Background:
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I am not a programmer, but a trader for more than 30 years,
including a number of years using my own real-time trading
system to manage money in futures. I stared my system
testing with System Writer, did some beta for TS, but never
liked the product, and for most of the 1990's my platform
was a proprietary DOS version of Futures Truth's EXCALIBUR.
(I made a deal with them to receive full MAC source code in
exchange for my having it ported to DOS.)
About 6 months ago a friend & I purchased a testing
platform, written by a programmer I had worked with for
several years, who had used his program for more than a year
to manage futures money, including Forex.
We paid around $ 20,000 for the Visual C++ program, with
all source code, and have had 2 programmers working to
modifying the program, with maybe another $ 50,000 expenses
thus far. We suspect in a couple of months we will have a
backtesting platform able to test portfolios on thousands of
intra-day stock data.
Our platform may or may not be easily adapted for live
real-time trading. My experience over the years is that
backtesting & real-time trading / monitoring are two
entirely separate functions, and different programs are
advantageous.
I'm not stating the above to create an interest in our
testing platform: we have no intention, nor desire to
market it. (As Patrick Gamble pointed out, that would turn
us into salesmen; we are system developers/traders.) We
intend to use it for our own trading, and possibly establish
a hedge fund.
More on proposal:
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However, I might be interested in a product that could
handle real-time monitoring of up to a couple of thousand
intra-day stocks, at least a few dozen different portfolios,
and a number of separate accounts, work with several
different data feeds, possibly integrate with an online
broker, etc.
Important factors would be a sensible game plan,
responsible, full-time management, programming response to
input from the "investors", and perhaps some profit-sharing
if the product is ever developed into a full commercial
product.
If anyone ever desires to go this route, please keep me
posted.
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