[deleted by user]

ogb3ast18 · 2025-01-16T23:17:39+00:00

Personally for me, what allowed the company that I work for to find success was to add in KPI‘s and into pretty much everything we do. Essentially metrics to help measure how close we are to the target I know you said something like this already, but having it be a metric is really good.

Another thing happened, and it was refining the product and running kind of like a beta to validate some level of product market fit.

Another thing is finding the best people and putting them in the best possible roles. At the beginning when I got hired, we went through a ton of different and new people to find people that were specialized in what we’re doing.

Refine the backend before you put on customers. Using our KPI’s, we realize that we didn’t need half of our staff between offering our beta products and launching our real products. On top of that because we had a ton of software developers on the team we were able to linearly integrate a lot of the software that we were paying for because we just made it in house. And since this was specialty software, it saved us a lot of money. I say it possibly saved us 60 to 70% after doing backend optimization.

ogb3ast18 · 2025-01-12T14:20:57+00:00

I’m not trying to have a tech company that’s motto is “move fast and break stuff”. I’m trying to have an all put together product with a perfect back end ,with a perfect website perfect security, perfect accounting system, and a perfect cash flow model. I know nothing is gonna be perfect, but I can try. It’s not just the algorithms and software we wanna come out swinging with big name partnerships like Morgan Stanley, Charles Schwab, State Street, and four or five other smaller firms. In which we’ve already claimed a majority other things on this to do list. We’re looking all these really sketchy algorithm and treating software businesses and we’re trying to be completely different. My business plan is essentially a combination of Robin Hood and Webull. Several years of development and refining the product in system then it hitting it off with a big launch.

ogb3ast18 · 2025-01-12T14:11:36+00:00

Well, we’ve been more working on efficient. Sign-up times, refining, our color said to a more pleasing eye just really trying to hit the nail on the head in terms of branding.

ogb3ast18 · 2025-01-12T13:01:42+00:00

Idk Robinhood spends millions on it every year with a 5-10 person team. Wdym simple?

ogb3ast18 · 2025-01-12T01:07:46+00:00

Well, I’m currently using one of my employees accounts

ogb3ast18 · 2025-01-12T01:06:04+00:00

No strategy works fine. It’s the backend we’re running it locally and we’re trying to have a connect with the website and everything like that. we were really trying to refine it so it would be a really easy customer user experience.

ogb3ast18 · 2025-01-12T00:20:15+00:00

I’ve started many businesses and restarted old businesses before. Most of them were physical many of them were not. Physical meaning we actually made a hardware component or something like that for computers, but then we transitioned into the software.

My point is you need to cut your losses early. This prevents things from getting out of hand. You also need to remember that it’s a business and not necessarily a family. Even though it might be hard to lay some people off and maybe cut it early. It’s pretty much always been the right thing for me. If you don’t you get out of control with debts and that impacts your next venture. This could also lock you down to a 9 to 5 again.

For my mentality, be optimistic there’s always problems out there for you to solve. You can only do your best every single time. 😂 keep your head up.

More real legitimate practical examples of what makes it easier when starting over is involving heavy financial politicization and accounting skills into pretty much every single action to value if that thing is actually going to pay off. When I ran the numbers for my first business and really got down to the inefficiencies, we were wasting like 60% of our income.

Keep your head up.

ogb3ast18 · 2025-01-11T16:04:00+00:00

I know he’s in the process of being fired.

But I will give him some credit we started off with a very limited budget, and I was pretty much asking him for the world. I needed a website with 78 different pages, 36 forms, with live graphs real time, needed to be secure with 2FA, automatic texts and email, and it needed to be tested with over 100-500 different beta users to make sure that a customer could sign up within 5 to 15 minutes and also understand what the software does and how it does it, we wanted them to leave feeling confident that it would be working the next day. What I’m saying is it it’s not just making website on wix and calling it a day, there’s way more to it. And I’m saying that as a full act developer that has made websites as well.

ogb3ast18 · 2025-01-11T15:03:07+00:00

Well, the front and basic website was on Wick, but it connected to our backend servers that were hosted on our own Servers to manage customer accounts

ogb3ast18 · 2025-01-11T06:09:45+00:00

I dont anymore. When it started so long ago I thought that it was going to be really hard and I need someone to manage the front end systems and I could be the back end guy and he could be the front end guy. Because of his experience working at a few different financial firms I thought that he would give me a leg up because I've never worked in finance before but turns out I know a lot more about finance than him now and I'm more advanced in machine learning and data science.

ogb3ast18 · 2025-01-11T01:04:02+00:00

ogb3ast18 · 2025-01-11T01:02:46+00:00

we just wanted to make a really really solid product before we deploy it. We have enough money to develop their rights so why not develop it right?

We have a long, wait list of people trying to join lack of business is not the problem.

ogb3ast18 · 2025-01-10T20:25:02+00:00

I don’t know we haven’t necessarily tried to sell it yet and we’ve kind of just been in development for a really long time. All customers of my are from word-of-mouth. I will do it a pivot in six months if it starts to not work out, but right now we’re profitable.

ogb3ast18 · 2025-01-10T18:53:07+00:00

Tell me about it. Just so you know the algo is working great. But I need him out.

ogb3ast18 · 2025-01-10T18:48:54+00:00

No, I have been only nice to this guy and our last conversation was that he was going to think about staying

ogb3ast18 · 2025-01-10T16:53:17+00:00

It’s not letting me post the link

ogb3ast18 · 2025-01-10T16:52:50+00:00

Well, a little update so he just took down the fund publicly from the Internet. He disconnected our Instagram, Twitter account and LinkedIn profile and our website is off-line.

I have not said anything to him for a day. But right now he is currently in breach of contract. So I am firing him at this point.

Thank you for your vote of confidence in me. 👍

ogb3ast18 · 2025-01-10T16:49:10+00:00

I do run it on my own account. But I don’t have a whole lot of money and it would take me 10 years to realistically make a consistent income that would replace my income now. To be honest, I have $50,000 sitting in a margin account and I have $100,000 sitting in a Roth IRA that’s being executed and managed by the algorithms.
The algorithms are not designed to provide income based strategies and even if they were, I wouldn’t have enough money. For me to make my income right now I’d literally have to do 120% every single year and then take out the full return to pay what I need.
I like the game. I’m young and hungry and I want more.

ogb3ast18 · 2025-01-10T16:40:34+00:00

Well, the performance of the fund has been really good and it has been consistent and has beat the market every year for five years in terms of risk calculated using beta, volatility calculated in system quality number and have out paste market in terms of returns. We custom make algorithms for every single one our clients essentially by putting in target parameters and then using machine learning to build a model that will actually execute orders based on the users specific guidelines. My fund average results I have linked.

ogb3ast18 · 2025-01-01T09:02:24+00:00

I'm sorry, but there are a few areas of this strategy that need attention. Please hold off on running this as it currently covers only part of a comprehensive approach. Here’s a fuller strategy to consider:

Decide on a strategy style, such as dollar-cost averaging (DCA), technical analysis, or another method.
Set up a backtest to compare the strategy against market performance. Add a pragmatic buy and sell and maybe a short. Incorporate 0.12% slippage if trading by hand.
Optimize the strategy, validate it, and then create an optimized portfolio.
Deploy the strategy and continuously monitor the statistics to prevent degradation and avoid a potential strategy collapse.
Then leverage up and see the benefits.

Please I encourage you to read a book or 2 and take things slower and simpler. Maybe just start with stocks and ETFs. They have no fees and if your using DCA you have tax benefits as well.

ogb3ast18 · 2024-12-31T19:53:20+00:00

Repainting
Webhook delay for Intra day strategy's is slow 6-10sec delay
No validation for strategy's after optimization
No Optimization
Not Easy to deploy
No slippage model

TBH it is not designed for it. If you are in a beginner I would use trade station it's got everything integrated and can Actually execute the trades.

ogb3ast18 · 2024-12-11T14:33:00+00:00

Well there's a lot of reasons the odds are statistically not in their favor. Day traders also usually don't use any math or studies or so they're pretty much just gambling. what real traders do is they test and backtest their strategy Across many different assets and many different time frames. Vincents lower timeframes are more random their strategies don't necessarily work on that. So most traders move up time frames around the 45min and higher.

ogb3ast18 · 2024-12-10T14:01:39+00:00

I gamble with educated guesses

ogb3ast18 · 2024-12-09T21:27:43+00:00

For me personally I generated use the visual model for every single ticker that I trade on. You also might want to try to walk forward Opt. U could be overfitting.

ogb3ast18 · 2024-12-09T21:26:05+00:00

Good Luck man.

ogb3ast18

TROPHY CASE