Hi,
I am canvassing opinion on how much to charge for potentially a method
which has only just been developed.
I have run visual backtests on the GPD/USD for the last 10 years and
marked exactly where every single trade should have been taken.
It is an end of day mechanical system with no indicators or discretion
required.
Since I have only just finished the testing stage there are no 'real' results
just on paper.
RESULTS PER YEAR - Based on account size of 10,000 GPB and risking 10 % per trade - the profit and loss of every single trade is 10% of account ie £1000 gbp.
2002 - 80%
2003 - 110%
2004 - 100%
2005 - 50%
2006 - 60%
2007 - 70%
2008 - 170%
2009 - 80%
2010 - 40%
2011 - 110%
2012 - currently 80%
Greatest drawdown and consecutive losses of 6 trades occurred in 2006,
which based on account size of £10,000 is 60% - however account size relative to position size can be adjusted to make it safer.
The system is averaging a little under 1 trade per week.
If I had traded this 10 years ago £10,000 would have grown to £92,000 and that is without increasing the trade size with the profits.
The question is then - how much is this worth potentially?
All replies greatly appreciated.
Regards Slim
I am canvassing opinion on how much to charge for potentially a method
which has only just been developed.
I have run visual backtests on the GPD/USD for the last 10 years and
marked exactly where every single trade should have been taken.
It is an end of day mechanical system with no indicators or discretion
required.
Since I have only just finished the testing stage there are no 'real' results
just on paper.
RESULTS PER YEAR - Based on account size of 10,000 GPB and risking 10 % per trade - the profit and loss of every single trade is 10% of account ie £1000 gbp.
2002 - 80%
2003 - 110%
2004 - 100%
2005 - 50%
2006 - 60%
2007 - 70%
2008 - 170%
2009 - 80%
2010 - 40%
2011 - 110%
2012 - currently 80%
Greatest drawdown and consecutive losses of 6 trades occurred in 2006,
which based on account size of £10,000 is 60% - however account size relative to position size can be adjusted to make it safer.
The system is averaging a little under 1 trade per week.
If I had traded this 10 years ago £10,000 would have grown to £92,000 and that is without increasing the trade size with the profits.
The question is then - how much is this worth potentially?
All replies greatly appreciated.
Regards Slim