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A quick question about the forex robot market niche

  • Post #1
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  • First Post: Mar 6, 2012 11:33am Mar 6, 2012 11:33am
  •  Stockwalker
  • | Joined Aug 2009 | Status: FXFIGHTER | 50 Posts
Hey there guys,

I would just have a quick question here, which is:
How much money do come in sales, if a robot for example is sold at the industry-average 97$?
Let's say the launch is backed by a good marketing, have a really strong forward, and not backtest account statement.

The forex market niche is very big as you know, and the number of forex related products launchings (let's say) online trading courses, robots, trading systems or whatever are constantly rising.

So, my question is, how much money you think can a forex robot launch generate in this enormous market, if it is backed with a great trading performance, real-money accounts? If you have already did launch a product, your experience would be greatly appreciated, but also your tips are.

Thank you very much!
Keeping it simple stupid.
  • Post #2
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  • Mar 7, 2012 2:18am Mar 7, 2012 2:18am
  •  henryduncan1
  • | Commercial Member | Joined Sep 2011 | 132 Posts
There is no hard and fast answer of your query. Because it depends on marketing strategy used by you to promote your robot, the effectiveness of robots etc. Although, I assume you can sell your robots to 25-30 traders easily.
  • Post #3
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  • Mar 7, 2012 7:55am Mar 7, 2012 7:55am
  •  euclid
  • Joined May 2007 | Status: Member | 356 Posts
Quoting Stockwalker
Disliked
Hey there guys,

I would just have a quick question here, which is:
How much money do come in sales, if a robot for example is sold at the industry-average 97$?
Let's say the launch is backed by a good marketing, have a really strong forward, and not backtest account statement.

The forex market niche is very big as you know, and the number of forex related products launchings (let's say) online trading courses, robots, trading systems or whatever are constantly rising.

So, my question is, how much money you think can a forex robot launch...
Ignored
Have a look at this http://www.elitetrader.com/vb/showth...hreadid=205251
  • Post #4
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  • Last Post: Mar 7, 2012 8:20am Mar 7, 2012 8:20am
  •  pipmutt
  • Joined Apr 2008 | Status: Parsimony Rulez! | 3,548 Posts
Quoting Stockwalker
Disliked

How much money do come in sales, if a robot for example is sold at the industry-average 97$?
Ignored
97 bucks for a working, consistently profitable, automated system? lol yeah ok, but anyway.....

100's of thousands I expect, fools and their money are easily parted. They're going to lose it one way or the other anyway so I suppose you might as well have it.

As euclid's link, someone like Brandon Fredrickson will generate revenue for himself and your product. A bit of a sleaze ball but hey, if it makes you money who gives a shit, right?
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