Question: Would you give away your trade order data if someone paid you $100 a month?

G

gobiasindustries

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• Nov 18, 2011

• #1

Hi guys,

Ok, scenario:

You're an FX day trader. And you're profitable or whatever. One day some dude approaches you, maybe on like, I don't know, twitter. And this guy says, "Hey, I will pay you $100 USD a month for a year for you to send me your trade data (just what order executes, nothing else) in real time in "read-only" format. All you gotta do is install api and I'll do all the work with the brokerage."

Would anybody do this? Accept $100 a month?

I've just gotta know.

 

P

pboyles

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• Nov 18, 2011

• #2

Plenty of people would except you'd later find out that they had lied when they said they were profitable.

 

G

gobiasindustries

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• Nov 18, 2011

• #3

Ok, let's say this guy has done a 'verification' or you let him do a 3rd part audit

 

Last edited: Nov 18, 2011

P

pboyles

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• Nov 18, 2011

• #4

Try it and see what excuses you get. What are you trying to achieve, just make a bit of money for no effort?

 

R

ronblack

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• Nov 19, 2011

• #5

He is just trying to expose you in some forum after you claimed you are profitable.

 

G

gobiasindustries

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• Nov 19, 2011

• #6

OK, I don't think this is coming across right…

Would you guys do this?

Quite frankly its sounds pretty good to me, that covers my iPhone bill

 

the hare

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• Nov 19, 2011

• #7

I wouldnt give away trade signals for all the tea in china.

 

DionysusToast

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• Nov 19, 2011

• #8

Sounds like a fair deal to me, the problem is the API - a trading account is like a bank account, not something you want untrusted software close to.

 

Aspen Trading Group

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• Nov 20, 2011

• #9

gobiasindustries said:

Hi guys,

Ok, scenario:

You're an FX day trader. And you're profitable or whatever. One day some dude approaches you, maybe on like, I don't know, twitter. And this guy says, "Hey, I will pay you $100 USD a month for a year for you to send me your trade data (just what order executes, nothing else) in real time in "read-only" format. All you gotta do is install api and I'll do all the work with the brokerage."

Would anybody do this? Accept $100 a month?

I've just gotta know.

Click to expand...

Currensee and Tradency as well as El Toro do this type of thing and if you are good you would make far more than $100/month - if you are good - think big.

 

Last edited by a moderator: Nov 20, 2011