Have You Ever Paid?

[new_trader]

Which have you paid for (even if you got a refund):

1) Trading Seminar
2) Trading System
3) Membership to an exclusive trading club/website
4) Mentoring
5) Special/Bespoke Indicators
6) Other - Excluding books (please explain)
7) Never paid for any of the above or anything else.

 

[Splitlink]

Which have you paid for (even if you got a refund):

1) Trading Seminar
2) Trading System
3) Membership to an exclusive trading club/website
4) Mentoring
5) Special/Bespoke Indicators
6) Other - Excluding books (please explain)
7) Never paid for any of the above or anything else.

My natural inclination to being a bit of a tightass has stood me in good stead with regard to your list. The only ( and only a couple) of tip sheets are the only outlays made.

Maybe, I am the worse off for it and by taking a course, I might be richer, but I'll never know.

Looking on the bright side, I have never been scammed or had "boiler room" problems, either.

Split

 

[tomorton]

Have voted.
Paid for TA training with New Skills some years ago - very good intro course.
Paid for LIFFE traded options seminar - low cost and good but too basic.
Subscribed to Techinvest for a couple of years - was then (maybe still is) an excellent TMT info and tip sheet.

 

[shadowninja]

Not yet. I did once subscribe to a penny share newsletter.

If I did sign up for some sort of mentoring or training, I would probably go with Alan Rich.

I have borrowed a Vince Stanzione DVD off a contact and that seemed like a good intro; not sure it is necessary now what with most spreadbetting firms giving free seminars.

 

[0007]

Found all i need from books & other written material eg some stuff on T2W & the like. The market is arguably the best teacher!

 

[temptrader]

paid for a bespoke indicator many years ago. It appeared to have worked and I was over the moon after a while.

However, the market sort of changed and the supplier was not as honest as I thought he was. I count this indicator as a placebo and do not use it anymore now.

 

[oilfxpro]

Hi

My secret.I paid programmers around $5,000 to write about 10 expert advisors for metatrader.Expert advisors are little trading systems.

These programmes have given me a lot of insight about trading systems and how to make them work.

I went for free seminars and talk rooms , in the end I was not impressed with training educators etc

OILFXPRO

 

[temptrader]

Hi

My secret.I paid programmers around $5,000 to write about 10 expert advisors for metatrader.Expert advisors are little trading systems.

These programmes have given me a lot of insight about trading systems and how to make them work.

I went for free seminars and talk rooms , in the end I was not impressed with training educators etc

OILFXPRO

If you paid programmers $5,000 then you must either have a very simplistic implementation or your programmers are extremely cheap. Or else they were modifying an off the self program already so all the hard work was already done.

The good ones will charge a lot of money, but it depends on the level of complexity required. This is why certain game engines (which are incredibly complex pieces of software) have license fees in excess of $1million.

 

[new_trader]

Rent A Coder: How Software Gets Done -- Home of the worlds' largest number of completed software projects

This might be a good site as a rough guide to what you might expect to pay for bespoke software.

 

[black bear]

nothing not a penny donated to anyone

nothing, never

tighter than Split :cheesy: if I don"t no it I ask Split or Ian if he"s about or nag loads of people till I get a good short list of answers then do my nut in deciding who"s right

near to subscribing to sharescope

did subscribe to investors chronicle for 1 year at a discounted price just to see shares tipped to consider shorting them :cheesy:

have a good week Split :clover:

 

[oilfxpro]

If you paid programmers $5,000 then you must either have a very simplistic implementation or your programmers are extremely cheap. Or else they were modifying an off the self program already so all the hard work was already done.

The good ones will charge a lot of money, but it depends on the level of complexity required. This is why certain game engines (which are incredibly complex pieces of software) have license fees in excess of $1million.

Temprader

Sorry it was 5,000 euros /7500 usd.It is a 100 hours of coding by an efficient programmer.It is a lot of money for a programme.My instructions were concise and all the trading logic was provided by me.

Coding is not the expensive part of a programme , the logic is.Give poor logic to a programmer and he will give u excellent coding work ,something which becomes useless due to the logic.

For the game programmes u are paying for the logic as well as the programming

OILFXPRO

 

[temptrader]

Temprader

Sorry it was 5,000 euros /7500 usd.It is a 100 hours of coding by an efficient programmer.It is a lot of money for a programme.My instructions were concise and all the trading logic was provided by me.

Coding is not the expensive part of a programme , the logic is.Give poor logic to a programmer and he will give u excellent coding work ,something which becomes useless due to the logic.

For the game programmes u are paying for the logic as well as the programming

OILFXPRO

Then your programmer is nothing but a drone. You don't require a skilled programmer for that, just someone skilled enough to implement what you want since you are running the show already (since basically you will tell him all the scenarios to cover and the default response which is the logic). I'm sure this is something you could have done yourself if you bothered.

Games programs are more than just logic. There's a lot of cleverness in squeezing out more speed (getting things efficient) and tricks and trade offs in geometrical implementations (which most programmers do not know about).

 

[tomorton]

nothing, never

tighter than Split :cheesy: if I don"t no it I ask Split or Ian if he"s about or nag loads of people till I get a good short list of answers then do my nut in deciding who"s right

near to subscribing to sharescope

did subscribe to investors chronicle for 1 year at a discounted price just to see shares tipped to consider shorting them :cheesy:

have a good week Split :clover:

Hi PinkPig -

Sharescope Gold (EOD) is excellent value.

I know what you mean about Investors Chronicle - I will always treasure their Buy recommendations on Trafficmaster - repeated every time it halved in price.......

 

[Splitlink]

nothing, never

tighter than Split :cheesy: if I don"t no it I ask Split or Ian if he"s about or nag loads of people till I get a good short list of answers then do my nut in deciding who"s right

near to subscribing to sharescope

did subscribe to investors chronicle for 1 year at a discounted price just to see shares tipped to consider shorting them :cheesy:

have a good week Split :clover:

Tighter than me?
You must be tighter than a duck's ass-- and that's watertight!

 

[oilfxpro]

Then your programmer is nothing but a drone. You don't require a skilled programmer for that, just someone skilled enough to implement what you want since you are running the show already (since basically you will tell him all the scenarios to cover and the default response which is the logic). I'm sure this is something you could have done yourself if you bothered.

Games programs are more than just logic. There's a lot of cleverness in squeezing out more speed (getting things efficient) and tricks and trade offs in geometrical implementations (which most programmers do not know about).

Temptrader

I could have ended up as a hack monkey like all the others who tried it before me.I tried 8 programmers of whom 7 turned out to be hacks

I would done the job but I would have wasted my time ,and the job would eventually have gone to a proper programmer

http://www.trade2win.com/boards/metatrader/29044-metatrader-programming-services.html#post396103

There is a difference between a clean effective code and a hacker's code job

My programmer spent many years learning how to code for optimim performance ,and he is worth every penny of his time

OILFXPRO

 

[black bear]

How much

Tighter than me?
You must be tighter than a duck's ass-- and that's watertight!

thats what Mrs Pinkpig says

I just say

How much :?:

must be an age thing creeping in and not adjusting in step Split

£65 sqid for what amounted to burger and chips for 3 last night and a couple of rounds of drinks

in what amounted to a pub

latter Split

trade well :clover:

 

[Splitlink]

thats what Mrs Pinkpig says

I just say

How much :?:

must be an age thing creeping in and not adjusting in step Split

£65 sqid for what amounted to burger and chips for 3 last night and a couple of rounds of drinks

in what amounted to a pub

latter Split

trade well :clover:

Stop moaning. you're rolling in it.

 

[DDI]

i have wasted plenty of money. lots of DVDs in particular Nisons Candlesticks.

 

[new_trader]

Temptrader

I could have ended up as a hack monkey like all the others who tried it before me.I tried 8 programmers of whom 7 turned out to be hacks

I would done the job but I would have wasted my time ,and the job would eventually have gone to a proper programmer

http://www.trade2win.com/boards/metatrader/29044-metatrader-programming-services.html#post396103

There is a difference between a clean effective code and a hacker's code job

My programmer spent many years learning how to code for optimim performance ,and he is worth every penny of his time

OILFXPRO

HACK MONKEY!?

I was quoted US$1200 by a programmer to make an addition to my trading application. I opted to buy a C# for dummies book and code it myself. I was shocked at how simple it actually was to do what I wanted...$1200!!! I think my code is elegant...I take pride in my code.

I now do everything in Excel using VBA.

 

[zupcon]

HACK MONKEY!?

I was quoted US$1200 by a programmer to make an addition to my trading application. I opted to buy a C# for dummies book and code it myself. I was shocked at how simple it actually was to do what I wanted...$1200!!! I think my code is elegant...I take pride in my code.

I now do everything in Excel using VBA.

The truth of the matter is there are no hack programmers, there are only **** poor analysts, designers and managers.

El Cid claims to be developing a serious application (although god knows how you could on a budget of 5K). He imposes no coding standards on suppliers, and yet he's amazed when he gets garbage back. He has no formal test plan, other than stick it on an account and see what happens, and he's shocked when he ends up with a train wreck.

Just as dogs can smell fear, programmers can see a mug punter, and believe me, they'll exploit it for all its worth, its like taking candy from a baby.

Ive written far too much code to be seduced by elegant solutions, I want robust and maintainable code rather than elegance. With the exception of certain classes of application (games being a good example), if you want an algorithm to run at double the speed throw the money at additional or better hardware, no programming resources.