Post
Topic
Board Trading Discussion
Re: automated day trading
by
rizzn
on 15/07/2011, 19:16:25 UTC
I've developed a bot for gox trading (hosted on google app engine) which I've been using with reasonable success so far (avg profit 1-3% per day).  I am considering opening it up to outside investors and want to get an idea of the demand for such a service.  I will most likely settle on taking a percentage of the profits that it generates (as opposed to alternate pricing schemes).

It is certainly not as profitable [longer term] as simply holding at this point but it does offer the advantage of capitalizing on the near-constant noise (and is thus a good avenue for diversification).  I will, of course, over time increase its efficiency and customizability but it is already reasonably efficient and customizable.

How would you provide investors details of earnings, and what would be your policies on deposits and withdrawals?