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-----Original Message-----
From: Doug Penny <pennyd@xxxxxxxxxxxxxxxxx>
To: Bryant Tharp <bulldog5@xxxxxxxxxxxxxx>
Cc: realtraders@xxxxxxxxxxxx <realtraders@xxxxxxxxxxxx>
Date: Friday, August 27, 1999 2:43 AM
Subject: Re: Recovering Investment in Trading System
Club 3000 (named so because a majority of the "system programs" cost $3000)
and currently hosted under Commodity Traders Club (I could not access their
web site) does not follow the results of various programs on a continuing
basis like Futures Truth - www.futurestruth.com - but their membership
consists of many, many individuals that have tested various programs and are
willing to discuss their results. Both are excellent information
organizations!
Before I would spend the ridiculous thousands of dollars some of the
vendors are asking, I woud most certainly check with both of these
organizations, even join them for the insignificant cost they require. It's
a small price to pay for learning the truth about these so called "holy
grails " that are offered, and for the most part are totally worthless.
Regards,
John
>I think you mean 'Futures Truth' not Club 3000
>
>Doug
>
>Bryant Tharp wrote:
>
>> I may be wrong ,,but I think Club 3000 will test and moniter a system
realtime
>> and publish the results ,,,,no address or web site do a search
>>
>> Earl Adamy wrote:
>>
>> > Welcome to the world of selling trading systems - where there is a
great
>> > deal of well-earned distrust on the part of professional traders and
lots of
>> > competition. Without a proven real-time trading record, you are
unlikely to
>> > obtain a job or large cash payment for any system. The large
institutions
>> > already have payrolls loaded with advanced degree specialists in
computer
>> > science, mathematics, artificial intelligence and other disciplines
related
>> > to trading systems development. Your best route may be to lease the
system
>> > to a number of individuals, however you are going to need funds for
>> > marketing and you are still going to need an independently certified
>> > real-time track record or you will have to provide a long enough free
trial
>> > period for your prospects to become comfortable with the system. Good
luck.
>> >
>> > Earl
>> >
>> > ----- Original Message -----
>> > From: Bryan Finnegan <TeamData@xxxxxxxxxxxxxxxx>
>> > To: Real Traders <Realtraders@xxxxxxxxxxxx>
>> > Sent: Wednesday, August 25, 1999 8:46 PM
>> > Subject: Recovering Investment in Trading System
>> >
>> > > After 4+ years of effort, I have finally developed a Tradestation
trading
>> > > system that I am happy with. It consistently works on almost any
chart,
>> > in
>> > > any time frame. My problem is I don't have any funds to trade this
system
>> > > and I have ABSOLUTELY NO DESIRE to sell it on the open market. I
have
>> > over
>> > > 1,000 hours invested in developing this system and the hundreds of
>> > attempts
>> > > that came before it. Now I have a system that is robust enough to
allow
>> > me
>> > > to
>> > > recoup part of my investment.
>> > >
>> > > The hurdle is: if I don't have the money to trade it, and I am
unwilling
>> > > to sell it to other traders, the only options I can come up with is
to
>> > > license the software to an institution, or perhaps take a job with a
>> > > mutual fund or brokerage firm. This would be a career change for
>> > > me, I now work as a systems analyst/business manager.
>> > >
>> > > I am appealing to the group for the following:
>> > > 1. Anyone had a similar situation? How did you deal with it?
>> > > 2. Anyone located in Northern Ohio interested in hiring a person
with
>> > my
>> > > skill set?
>> > > 3. Any RealTraders ever go through the experience of licensing a
>> > trading
>> > > system
>> > > to large institutions or hedge fund?
>> > >
>> > > BONUS: I am serious in this e-mail and would appreciate as much
input as
>> > > possible.
>> > > To anyone who can help, I will provide a "general insight" that
helped me
>> > > get over the hump.
>> > >
>> > > Thanks
>> > >
>> > > Bryan Finnegan
>> > > Cleveland, OH
>> > > 440-333-3378
>> > >
>
>
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