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10

Having worked in the field for a couple of years, I can tell you: Algorithmic trading is complex and sometimes unpredictable, prone to gaming by other parties out there on the electronic battlefield and if you don't know what you're doing, you WILL LOSE MONEY and your boss will probably not like it. The buy/sell API is as easy as picking up the phone and ...


6

To be honest, the other answers here are 100% correct--if you don't know what you're doing here, and from your question it sounds like you don't, you're going to be the fool that everyone else gets rich off of. As Paul Newman said, "If you're playing a poker game and you look around the table and and can't tell who the sucker is, it's you." But I don't want ...


5

First off, forex is for trading currencies, not metals. If he wants to trade commodities like gold, you should be looking at the futures markets. Second, you're swimming with sharks, with laser beams. You're going to be up against some of the worlds brightest people who are thinking about this 24 hours a day and have been doing so for 10, 20, 30, 40 years ...


5

I suggest you find a copy of Founders at work and read it. It is interesting and compelling. It is also worth subscribing to the Stanford Entrepreneurial Thought Leaders podcast. There are some outstanding episodes in that series. (Also some duds) EDIT: I only name those because I think it will satifsy the craving for real-world stories that your post ...


4

I started a business with two other programmers. Our model was similar to 37signals' model - offer consulting services to earn immediate profitability (we are bootstrapping our business and not taking outside funding), while building our own products. I've always been a business-minded person, so my role was to handle the sales & business development, ...


4

I am a quantitative analyst in a Tier 1 bank. What you are asking is totally off-topic for this website. Ideally, you want to be a guru in statistics, econometrics and having trading experience. To be honest, programming is the least important parameter in this venture. I am not saying you cannot succeed without these skills but many people are under the ...


3

I hate to unask your question but: why do you want an affiliate program? It's vanishingly rare for an affiliate program to generate a reasonable number of leads. It works for Ebay and Amazon because they have gigantic catalogs, but the spam, and the headaches, and the cost of cutting a million little checks every month are not worth it for many (most) sites. ...


2

You have to learn The Metaweb Query Language (MQL4 OR MQL5). But it takes years and lots of time to write your own bot and actually to get some real profits. It's easier to trade manually, human can see more patterns and read the news than the bots (which can't predict economical changes) or use some existing strategies which were already tested for couple ...


2

First of all, your question is not "How to write a program for forex market". That can be done easily. The question is "How do I predict the movement of gold prices accurately enough so that I can profit from it". Second of all, If anyone knew a low risk small profit strategy, they wouldn't tell you for free.


2

There are plenty of answers in this Q&A, so you might want to try the search box on top right in addition to the answers here. I would like to point you this question first: Is it common for people to work for free in exchange for equity in a startup? In addition I see some issues with what you wrote: You wrote your team which is around 23 has ...


1

TL;DR - People don't care about development. They care about the value the development brings them. Market that. You have two basic approaches. Nothing stopping you doing both of course - but they need very different messages. 1) Sell to the people who already value development. Design agencies, for example, who need people to implement the techie side of ...


1

Joel, interesting, thanks for sharing your experience with this. Justyn, I know another company that uses http://www.idevdirect.com/ - might be worth looking into. I don't know too much about it other than I know someone that uses it.



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