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Falling Knives

  • #1,281
  • Jun 3, 2016 11:53am Jun 3, 2016 11:53am
Hi
I activated for my live. with default setting. licence tag shows as gold & EURUSD & Gold I hope to trade but still not open any trade. happy face is there. pl chek
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  • #1,282
  • Jun 3, 2016 11:54am Jun 3, 2016 11:54am
Quoting Magix
{quote} Enhance...no. But a couple of snippets of code to be corrected for full functionality and user control. Under the interesting "New Developments", I have received an Email at the Activation Email address for an offer to buy out the licensing on Iresh... It appears as though one of this weeks testers wants to buy out the code with licensing for their own use and for the benefit of selling licenses. Maybe meeting the New Boss, will literally be...Meeting the New Boss?
DILEMMA!

However you are the author, so you should decide.

I wish you to take the right decision.

Best
D.P.
Hunting High and Low
  • #1,283
  • Jun 3, 2016 12:00pm Jun 3, 2016 12:00pm
Quoting Magix
{quote} Enhance...no. But a couple of snippets of code to be corrected for full functionality and user control. Under the interesting "New Developments", I have received an Email at the Activation Email address for an offer to buy out the licensing on Iresh... It appears as though one of this weeks testers wants to buy out the code with licensing for their own use and for the benefit of selling licenses. Maybe meeting the New Boss, will literally be...Meeting the New Boss?
Damn.. Ehh congrats
"The needs of the many outweigh the needs of the few" - Spock
  • #1,284
  • Jun 3, 2016 12:01pm Jun 3, 2016 12:01pm
Quoting IreshChathu
Hi I activated for my live. with default setting. licence tag shows as gold & EURUSD & Gold I hope to trade but still not open any trade. happy face is there. pl chek {image}

Looks correct to me...until there is the first retrace on a new trend, no trades will initiate.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,285
  • Jun 3, 2016 12:06pm Jun 3, 2016 12:06pm
Quoting Dr.Phoenix
{quote} DILEMMA!
Initial offer is reasonable, but not sure about the terms as of yet...

Pro's and Con's for going either way...

Will see.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,286
  • Jun 3, 2016 12:06pm Jun 3, 2016 12:06pm
Quoting Johnhere
{quote} Damn.. Ehh congrats
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,287
  • Jun 3, 2016 12:30pm Jun 3, 2016 12:30pm
I guess one thing is kind of confirmed by somebody wanting to buy out the code, is the legitimacy of the trading system/logic.

Reverse engineering a complex system, not easy to do...this is kind of a fast track for somebody...

In the dozens of EA's I have posted, this is the first that I've received an offer on.

Gunna ride on this warm feeling for a while.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,288
  • Jun 3, 2016 12:33pm Jun 3, 2016 12:33pm
You, my good sir, should check it now after NFP. You contact the HotForex support and ask them to remove 4950$ from the account, of course. Pfffffff. I'm from my phone so didn't get a chance to read previous page or two, do look at my account. DD's a bitch but with the starting capital of the account it's understandable.
[quote=Magix;8957642]Most amusing... Reamasesa's under funded trader... I don't even get this...but, he started with $5k and somehow withdrew $4950, effectively giving a $50 start. How do you withdraw funds from a Demo account???? Anyways...Looks like it's hit about $15 in draw, and made about $10 net...
  • #1,289
  • Jun 3, 2016 12:40pm Jun 3, 2016 12:40pm
As well you should. I've been testing a lot of EAs, mostly grid ones as of late, and yours..... Kudos, Magix. I've tested most of your EAs and this one is by far one of your best ones as well as one of the best ones I've been testing in a while. That being said, I would love more time with it on a live account to see how it behaves long term.
Quoting Magix
I guess one thing is kind of confirmed by somebody wanting to buy out the code, is the legitimacy of the trading system/logic. Reverse engineering a complex system, not easy to do...this is kind of a fast track for somebody... In the dozens of EA's I have posted, this is the first that I've received an offer on. Gunna ride on this warm feeling for a while.
  • #1,290
  • Jun 3, 2016 12:58pm Jun 3, 2016 12:58pm
Quoting Magix
I guess one thing is kind of confirmed by somebody wanting to buy out the code, is the legitimacy of the trading system/logic. Reverse engineering a complex system, not easy to do...this is kind of a fast track for somebody... In the dozens of EA's I have posted, this is the first that I've received an offer on. Gunna ride on this warm feeling for a while.
But hence we should be thankful that you share at least what is going on. Great.
Now just my two cents: If I was a bookwriter I should always keep the full rights 100% and not making use of a publisher and so doing the commercial part by myself. If my book is good the market will grow even by just networking. See how it goes for about 1-2 year and then decide to quit or startup the publisher process. Why ? staying in control and earn much more and have great fun from it.
"The needs of the many outweigh the needs of the few" - Spock
  • #1,291
  • Jun 3, 2016 1:09pm Jun 3, 2016 1:09pm
Quoting Magix
I guess one thing is kind of confirmed by somebody wanting to buy out the code, is the legitimacy of the trading system/logic. Reverse engineering a complex system, not easy to do...this is kind of a fast track for somebody... In the dozens of EA's I have posted, this is the first that I've received an offer on. Gunna ride on this warm feeling for a while.
Do not fall in love, my friend.
You should understand who is your contragent.

Yes, logic of your system is confirmed now legally.

But you and me knew it before this confirmation, since your thoughts were confirmed by my thoughts and vice versa. Validity of the system logic has been scientifically confirmed my our systems. The only thing changed is now you have an offer to buy your product out.

As an economist (on the second higher education program of mine) I should say - your EA is a business, so you should estimate revenue you can gain, trading markets by means of you EA for a month, and then you should multiply the result by 12 (months) at least. That would be the estimation of the EA value. This is the most simple calculation method.

Best
D.P.
Hunting High and Low
  • #1,292
  • Jun 3, 2016 1:15pm Jun 3, 2016 1:15pm
Quoting IreshChathu
{quote} Oh I have earn for 4 to 5 years by testing this EA. . I'll start with 1000$. EURUSD & gold. 15Mn equal lot size 0.01. Hope this settings will protect my account. Let's meet next week. Hope to be a first lucky buyer......
that are very fair service fees, my friend, I would like to buy a license for one year...at once...!

Nice weekend to all...

jdva
I never lose - either I win or I learn...
  • #1,293
  • Jun 3, 2016 1:20pm Jun 3, 2016 1:20pm
Quoting jdva
{quote} that are very fair service fees, my friend, I would like to buy a license for one year...at once...! Nice weekend to all... jdva
sorry wrong quoting...I mean Magix, of course!
I never lose - either I win or I learn...
  • #1,294
  • Jun 3, 2016 1:35pm Jun 3, 2016 1:35pm
Quoting Reamasesa
As well you should. I've been testing a lot of EAs, mostly grid ones as of late, and yours..... Kudos, Magix. I've tested most of your EAs and this one is by far one of your best ones as well as one of the best ones I've been testing in a while. That being said, I would love more time with it on a live account to see how it behaves long term. {quote}
Will see about 1 more week free...with an offer on the table, shit just got a little more complicated.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,295
  • Jun 3, 2016 1:40pm Jun 3, 2016 1:40pm
Quoting Johnhere
{quote} But hence we should be thankful that you share at least what is going on. Great. Now just my two cents: If I was a bookwriter I should always keep the full rights 100% and not making use of a publisher and so doing the commercial part by myself. If my book is good the market will grow even by just networking. See how it goes for about 1-2 year and then decide to quit or startup the publisher process. Why ? staying in control and earn much more and have great fun from it.
The logic can be sold, as can the actual code itself.

I still get to have full control over my own terminal and all software that it uses...I would just be restricted on what or how I would be able to share.

In the grand scheme of life and all things being equal, it might be of more benefit for somebody to take over licensing if they have the manpower to maintain...I am a one man band and even with just the few requests in thread, I have had a fairly stream in my inbox to add...

Could this be handled better by somebody with commercial interest?
Probably...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,296
  • Jun 3, 2016 1:43pm Jun 3, 2016 1:43pm
Quoting Dr.Phoenix
{quote} Do not fall in love, my friend. You should understand who is your contragent. Yes, logic of your system is confirmed now legally. But you and me knew it before this confirmation, since your thoughts were confirmed by my thoughts and vice versa. Validity of the system logic has been scientifically confirmed my our systems. The only thing changed is now you have an offer to buy your product out. As an economist (on the second higher education program of mine) I should say - your EA is a business, so you should estimate revenue you can gain,...
Surprisingly enough, at estimate, the offer is close.


Never really committed a lot of thought to selling these, up to now has been only a hobby and to make a few bucks in personal accounts.

Even the licensing thing seems like it could be a lot of hassle over the long run...in order to make it easily available, the options would definitely add a lot of hours to my day...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,297
  • Jun 3, 2016 1:44pm Jun 3, 2016 1:44pm
Quoting jdva
{quote} sorry wrong quoting...I mean Magix, of course!

I will keep you posted.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,298
  • Jun 3, 2016 1:54pm Jun 3, 2016 1:54pm
Fuck FF, I am subbed to this thread and thought it was dead because of no email notifications.

Pop in and see all this action, nice work!

Congrats! Take the money, blow it on hookers and beer, continue trading. Rinse repeat.
  • #1,299
  • Jun 3, 2016 2:25pm Jun 3, 2016 2:25pm
Quoting Jhlewis10
Fuck FF, I am subbed to this thread and thought it was dead because of no email notifications. Pop in and see all this action, nice work! Congrats! Take the money, blow it on hookers and beer, continue trading. Rinse repeat.



Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,300
  • Jun 3, 2016 2:27pm Jun 3, 2016 2:27pm
Please activate this id 7C4366A346359D4B27790EDF0BB82C23
Thank You
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