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Is there anyone here who is actually making a living out of the profits of EAs that he had wrote?

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senerzen
13
senerzen 2012.01.03 13:01 

I wonder if there are poeple here, who are making a living out of the profits of their EA's. 

Making a living is the reason why I started learning programming and traiding, which is probably the reason for most of us, but some things that I see make me sceptical about it.

Thouse are the reasons:

1: There is a job section on this side. Why programmers, who should be able to write profitible EA's, are spending time writing EA's for others, for small sums of money? 

2: Also same thing with the articles. Programmers are writing articles for a small amount of money. Can't they make money from their EA's?

3: Same with the market section of this side, where they sell EAs and code. If thouse EAs are profitible, why sell them?  I read that the more poeple use the same strategies, the less effective they become.

and the last one for me is the big one: 

4: In an interview, the winner of Automated Traiding Championship 2011 states that he quit real Forex traiding.  If the champion can't make money, who can? 

(https://championship.mql5.com/2011/en/news/122

 

Is there anyone here who is actually making a living out of the profits of EAs that he had wrote?

ATC Champions League: Interview with Boris Odintsov (bobsley) - Automated Trading Championship 2011
  • championship.mql5.com
Interview with Boris Odintsov (bobsley) is the last one within the ATC Champions League project. Boris won the Automated Trading Championship 2010 - the first Championship held for the Expert Advisors in the new MQL5 language. Having appeared in the top ten already in the first week of the ATC 2010, his EA brought it to the finish and earned $77,000. This year, Boris participates in the competition with the same Expert Advisor with modified settings. Perhaps the robot would still be able to repeat its success.
onewithzachy
2271
onewithzachy 2012.07.13 03:23  
senerzen:

I wonder if there are poeple here, who are making a living out of the profits of their EA's. 

Making a living is the reason why I started learning programming and traiding, which is probably the reason for most of us, but some things that I see make me sceptical about it.

Thouse are the reasons:

1: There is a job section on this side. Why programmers, who should be able to write profitible EA's, are spending time writing EA's for others, for small sums of money? 

2: Also same thing with the articles. Programmers are writing articles for a small amount of money. Can't they make money from their EA's?

3: Same with the market section of this side, where they sell EAs and code. If thouse EAs are profitible, why sell them?  I read that the more poeple use the same strategies, the less effective they become.

and the last one for me is the big one: 

4: In an interview, the winner of Automated Traiding Championship 2011 states that he quit real Forex traiding.  If the champion can't make money, who can? 

(https://championship.mql5.com/2011/en/news/122

 

Is there anyone here who is actually making a living out of the profits of EAs that he had wrote?

Hi senerzen,

1. Programmers are not always a traders, traders are not always a programmers. With all my respect to MQL programmers, some programmers does not have sufficient knowledge about market analyzing.

2. What wrong writing an article ?, some programmer even write a blog for free on the net, some even making a free program on the net.

You also have to consider other thing : maybe those programmers already have a profitable EA and make good living out of it. Now they have nothing to do, they take small money to program for other, some help other for free in this forum, some writing article, some travels around the planet, etc etc.

3A. You have to ask the seller in that case - or do you prefer they won't sell it and so we have no idea such EA even exist ?

3B. Forex is 4 trillion a day market, no strategy will ever beat that market.

4. When you quote someone, quote him/her carefully. Bobsley (Boris Odintsov) said "But I had to quit trading on real forex accounts for some time. I had a PAMM account with the 75% share of investors, which was completely lost in two months.

Now I'm trying different variants of Expert Advisors on cent accounts."

You see, Bobsley, did quit but does not quit. He had to quit for sometime coz he lost his account. Now he's trying again.

 


You may also interested in googling book that related to algorithmic trading, or automated trading or high frequency trading or something like that.


:D 

Christian Vost
641
Christian Vost 2012.07.13 12:25  
senerzen:

I wonder if there are poeple here, who are making a living out of the profits of their EA's. 

Making a living is the reason why I started learning programming and traiding, which is probably the reason for most of us, but some things that I see make me sceptical about it.

Thouse are the reasons:

1: There is a job section on this side. Why programmers, who should be able to write profitible EA's, are spending time writing EA's for others, for small sums of money? 

2: Also same thing with the articles. Programmers are writing articles for a small amount of money. Can't they make money from their EA's?

3: Same with the market section of this side, where they sell EAs and code. If thouse EAs are profitible, why sell them?  I read that the more poeple use the same strategies, the less effective they become.

and the last one for me is the big one: 

4: In an interview, the winner of Automated Traiding Championship 2011 states that he quit real Forex traiding.  If the champion can't make money, who can? 

(https://championship.mql5.com/2011/en/news/122

 

Is there anyone here who is actually making a living out of the profits of EAs that he had wrote?

Hi, 

Don't know if this is entirely related to the OP, but have a look at this stuff I found in a magazine recently:

http://www.tibra.com/tibra_technology_about

http://www.optiver.com/sydney/who-we-are/what-we-do 

Chris_V.

About Tibra Technology | Tibra Capital - Trading, Technology and Investment Managment
  • Tibra Capital
  • www.tibra.com
Developing powerful technology for securities trading. Our development team has one goal: the fastest, most robust trading systems in the market. The team comprises C++ developers, C# developers and System testers. We recruit the best developers from a wide variety of backgrounds such as gaming and anti-virus systems. Our talented developers...
KvasCZ
33
KvasCZ 2012.07.18 20:20  
Let's find out: How succesfull are we in developing and earning?
  • www.mql5.com
manual trading - tested but it failed.
kaloian kaloianov
445
kaloian kaloianov 2012.08.16 10:30  

it is not the gun that is important, it;'s the shooter fool. Knowing how to  program does not guarantee success in life my friend, why asking so dumb questions?
onewithzachy
2271
onewithzachy 2012.08.16 11:11  
onlysolo:

it is not the gun that is important, it;'s the shooter fool. Knowing how to  program does not guarantee success in life my friend, why asking so dumb questions?

Hi only solo,

A dumb question or a stupid question is a question that will never be asked, and so the person will never know the answer which then is dumb and stupid.

Thanks for replying, coz now, we also get the answer - your answer - which is not dumb to ask for it in the first place.

 

 

kaloian kaloianov
445
kaloian kaloianov 2012.08.20 10:45  
onewithzachy:

Hi only solo,

A dumb question or a stupid question is a question that will never be asked, and so the person will never know the answer which then is dumb and stupid.

Thanks for replying, coz now, we also get the answer - your answer - which is not dumb to ask for it in the first place.

 

 

whatever
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