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Opinion on system

Chunky_Monkey
Aug 25 2011 at 08:30
14 posts

SnapTradeFX posted:
    Hmm good points, you're right, I am afraid someone will take it apart/steal it. I guess the only way to avoid that is to manage accounts and never sell SnapTrade?

When I posted the first post I'll admit I wasn't entirely sure yet what I was going to do, now I'm fairly sure I don't want to sell it, but maybe a managed VPS kind of thing could be a safe solution for me, but then people would have to share their MT4 login's, perhaps not too popular an option, but perhaps indeed my only option.

But that's future talk, it has to survive a few more months first, I only half believe backtests :)




too much of a hussle - i say keep it to yourself! 😄

SnapTradeFX (SnapTradeFX)
Aug 25 2011 at 08:34
71 posts

walker36 posted:
 are you selling it or not


No, I won't, in the future I might rent it out or such so that people won't be able to access the source files, but for now I'm running it only with people I trust. You can send me your email if you want me to notify you when I figure some way out to do this safely for people I don't trust :)

Riding waves always leads to a fall
Steve Walker
walker36
Aug 25 2011 at 09:11
1341 posts

SnapTradeFX posted:
    
walker36 posted:
 are you selling it or not


No, I won't, in the future I might rent it out or such so that people won't be able to access the source files, but for now I'm running it only with people I trust. You can send me your email if you want me to notify you when I figure some way out to do this safely for people I don't trust :)


I guess you have mıssundersand, I am not interested to buy. 😉
just wanted to get clear answer for the people who are vısıtıng this thread. 😄

SnapTradeFX (SnapTradeFX)
Aug 25 2011 at 09:16
71 posts
That's good :D

Riding waves always leads to a fall
Chunky_Monkey
Aug 25 2011 at 10:11
14 posts
you should concentrate on trading your own money and creating profit - it's a very long road between creating a trading system to trade other's money, not to mention the psychological factor which can affect your performance.

SnapTradeFX (SnapTradeFX)
Aug 25 2011 at 10:34
71 posts
Well, it's been almost 3 years already...of which the past 6 months has been on live accounts. I don't have any serious capital so if I want to create profit, I'd have to be very patient :) But I also agree, and I don't want to rush into trading for people I don't know either, rushing (and also greed) is too easy a road to failure.

Riding waves always leads to a fall
Steve Walker
walker36
Aug 25 2011 at 10:40
1341 posts

SnapTradeFX posted:
    Well, it's been almost 3 years already...of which the past 6 months has been on live accounts. I don't have any serious capital so if I want to create profit, I'd have to be very patient :) But I also agree, and I don't want to rush into trading for people I don't know either, rushing (and also greed) is too easy a road to failure.


dear trader if you are sure about your system and ıt generates money, then you have already took other peoples money from forex pool.😉 just be patient and run your system for your own. get the profıt out of pool and put ıt ınto your account.
at that poınt you wıll not chase for ınvestors, they will chase for you.

if it does not generate cash then dont put yourself in posıtıon of loosıng other peoples money.

regards
walker

SnapTradeFX (SnapTradeFX)
Aug 25 2011 at 10:42
71 posts
well said! :)

Riding waves always leads to a fall
Steve Walker
walker36
Aug 25 2011 at 10:50
1341 posts

SnapTradeFX posted:
    well said! :)


😉

Chunky_Monkey
Aug 25 2011 at 14:21
14 posts

SnapTradeFX posted:
    Well, it's been almost 3 years already...of which the past 6 months has been on live accounts. I don't have any serious capital so if I want to create profit, I'd have to be very patient :) But I also agree, and I don't want to rush into trading for people I don't know either, rushing (and also greed) is too easy a road to failure.


oh, then that is quite a different picture.

what is 'sersious capital' from your point of you? i suggest starting small and adding to it when possible - if the system is good as it looks, it should grow quickly.

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