- Joined
- 11/13/12
- Messages
- 4
- Points
- 11
I need some opinions on my situation. I have an algorithm that I have developed on my own and now have started some backtesting. No one has given me any advice or input in developing this algorithm.
However, I am working with a friend of mine that is more educated with computers ( he has a masters in computer science). So I have consulted with him on some coding specifically with historical data retrieval. He has not seen my algorithm or any code that I have created (using Matlab currently).
The results from the backtests show real promise of producing real money. At this point, all my friend has provided is purely some IT help and consultation. If everything stays the same from this point to the time where the algorithm is profittable, what is adequate compensation for his contribution? Keep in mind that he had zero input with developing the algorithm.
It was my hope that we would have a partnership. He would teach me all the computer knowledge and I would teach him how to write algorithms because I believe he is more than capable. However, he is not contributing like I thought he would be at this point. So I don't want to show him the algo since he isn't providing anything of equal value.
I need to guard my algo for scalability reasons in the future (i.e. if 2 people run the same algo, the order size is limited).
The next thing on the to-do list is to put the algo in the optimal laugage which I had planned to let my friend do. Now I am having second thoughts.
Any comments or opinions would be greatly appreciated. Thanks!
However, I am working with a friend of mine that is more educated with computers ( he has a masters in computer science). So I have consulted with him on some coding specifically with historical data retrieval. He has not seen my algorithm or any code that I have created (using Matlab currently).
The results from the backtests show real promise of producing real money. At this point, all my friend has provided is purely some IT help and consultation. If everything stays the same from this point to the time where the algorithm is profittable, what is adequate compensation for his contribution? Keep in mind that he had zero input with developing the algorithm.
It was my hope that we would have a partnership. He would teach me all the computer knowledge and I would teach him how to write algorithms because I believe he is more than capable. However, he is not contributing like I thought he would be at this point. So I don't want to show him the algo since he isn't providing anything of equal value.
I need to guard my algo for scalability reasons in the future (i.e. if 2 people run the same algo, the order size is limited).
The next thing on the to-do list is to put the algo in the optimal laugage which I had planned to let my friend do. Now I am having second thoughts.
Any comments or opinions would be greatly appreciated. Thanks!