Discussion of article "How to make $1,000,000 off algorithmic trading? Use MQL5.com services!" - page 5

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optionshk:

If you really want us to believe that money can be generated by algo makers using Freelance and Signals service of your site, please show some faces.

On the contrary, by putting out this plug a viewer will get a feeling that business is going down because of poor model.

Jobs placed for freelancers attract anonymous persons claiming to possess qualifications to do a job. There is no way of finding their previous work or how reliable they can be.

Strictly, if you make it compulsory for a freelancer to produce a video of showing prototype, finished indicator or EA working, order should not be placed.

This will attract people who are confident of their competence and skills and filter out coders who are looking for ideas to generate signals.

If you make a survey, it will surprise you to know that at least 90% of coders have done or doing the job not to make money for their time or labour but to get ideas to generate quick money.

Coders have been led to the garden path by motivated market noise that quick money can be made by coding algos.

Strongly believing in such talk, 90% of coders have collected ideas and have put their savings and have heavily lost.

Freelance service is being used by coders looking for ideas for their own use rather than to really sell their labout.

How can you explain the unrealistic prices they accept to do a job?


As freelancer here on mql and other websites and forex trader for more than 10 years  , I can tell you that this is not quite right . I personally make very good money from coding than trading believe it or not . And for your information brokerages statistics shows that 90% of traders lose their money trading cfd forex and stocks , and this is also what I see when I develop or code to any client . So most of developers don't rely on client's idea because simppy they know in advance the result .
Talking about why some developers accepts very low prices , this could be due mainly to either one of two reasons , first most of developers build their own library over time making it easy when a one client asks for something it's likely the developer made it before so he will just copy the required code from his library , tweak it a little and provide it to client . As if he sold something he already has . The second reason is that some ideas are very simple to code that don't take more than 1 or 2 hours to complete if not already exists . 
Last thing the low unrealistic price you think could be good high price in another country . The minimum cost in mql 30$ for projects that takes less than 1 or 2 hours this is fair price if I get paid 30$ for simple job that wouldn't cost me anything other than just 30 minutes if  I don't have most of it's code ready 😉
 
Renat Fatkhullin:

We optimise both the number of sales and total revenue.

Claims cannot be avoided in any action. We actively incentivise salespeople to work on trust.

As I pointed out above, salesperson profile/trust is the most important metric affecting sales.


Well, and I'll say it again - it's strange to hope for sales when the seller has only Russian (or one of 7) description of profile and products. The site is in 7 languages. Here even the presence of the English version is not enough.

in seven languages with full normal seo.... seo is clear it's one-time. And promotion is necessary?

 
Valeriy Yastremskiy:

in seven languages with full normal seo.... seo is understandably one-time. And promotion is necessary?

If you are aware of the cost of promotion and have done it, you will guess that it is almost impossible.

If you have your own working site with the right audience, it makes sense to promote your products by putting links to the product in the marketplace.

If you buy advertising, it's all very unprofitable.
 
Renat Fatkhullin:

If you have your own working website with the right audience, it makes sense to promote your products by putting links to the product in the marketplace.

That's where the problem lies, not understanding the effectiveness.....

 
Everyone here has his own way of developing and establishing his name.

Someone achieves fame very quickly, but one-time, with subsequent decline.

Some go slowly and persistently towards their goal. Consolidating their achievements, putting a flag on every peak.

And some are constantly rallying, insulting others, while "presenting" themselves as superior to others.

As charts of the richest people, now walks on the Internet, up down, up down.......
Constant change of prizes, it's movement, competition, stimulus......


not to envy, but to try to set new records, to constantly improve......



Sometimes there comes a time of creative lull, a time of complete lockdown of your thoughts...boredom, depression, a break in broadcasting..... at such moments, the main thing is to relax.
Give control to the time that will dot all the i's and t's. And again to fight, to new heights, achievements, records.....


Peace be with you.
 
Renat Fatkhullin:

For example, plotting the trajectories of users' movements to purchase products shows constant loops of returns/returns within:

  • Ratings -> Product -> Seller Profile, achievements, other seller products -> Back to Ratings

It turns out that a seller's personal profile is not just interesting to buyers, but is clearly the most important characteristic influencing a purchase. This makes sense - many buyers check the seller's status, ratings and professionalism.

And so the functionality of the wall itself can also be an influencer. For example, now it is not possible to use hyperlinks, YouTube player, when editing a post can not change the picture.

It also follows from the quote that if a product with negative reviews is on the list of products, it should be removed, because "a lousy sheep spoils the whole flock".

Renat Fatkhullin:


What influences the success of products:

  • Availability of appstore on the site and terminals with high traffic
  • Ranking among other products, you should always remember about competitors and that their actions change your ranking/visibility
  • Pricing policy, you need to experiment with the price and compare the results, not stand on one price
  • Volume and duration of sales, as the most important indicator of customer choice and trust
  • Achievements in the profile, sanity of the profile itself with translations, having a list of products
  • Proper product descriptions focusing on what the buyer wants, with evidence, minimum marketing and SEO rubbish
  • Professionalism and quality of execution of the entire seller image
  • Explicit marketing from their sites
  • And so on

Are there statistics in terms of prices for indicators and Expert Advisors? What price range has the highest percentage of purchases? It's just interesting to know the upper limit above which the total efficiency drops.

Although it is clear that 1 sale for 1000 is equal to 20 sales for 50, but in the second case the probability of leaving feedback and continuing sales is higher.

 

Oh those spammers in the feed, drawing asterisks, you'll get tired of cleaning it up

 

What about optimisation criteria for selecting providers for promotion to the Top?

What do subscribers usually pay attention to more often?

The criticism is that an unarmed eye can see who is chosen more often, they choose the one who has more subscribers, thus leaving out thousands of providers among which there are more worthy candidates.

this point should be optimised and a golden mean should be found, the essence of the algorithm is still unclear to the public.

 
With reviews done wrong! When sorting to new reviews the visitor sees the old review! To see new reviews you need to scroll a lot! In fact, people do not see new reviews at once and do not see!
 
optionshk:

After losing money, coders get caught in a spiral. Always looking to recover losses, <Deleted>.

Are you a coder?

How do you know all that?

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