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aptus

06/29/10 9:12 PM

#1298 RE: byculla #1297

Hello Byculla,

I'm not aware of anyone using AIM for forex, but my guess is that someone out there has at least thought about it. Perhaps asking on the main AIM board will elicit a response.

I have considered outsourcing, but for my three programs, it doesn't make sense. I'm currently working on a unifying framework that will be used by all three programs (and possibly others in the future).

By the time I explain how I want things done, I might as well do it myself. For larger projects there is a definite value in outsourcing, but my investment software is relatively small.

I've worked on a number of very large projects and used to outsource the tedious pieces (mainly to India). Although there were some issues, it worked fairly well most of the time.

I also think that there are relatively few programmers out there who know how to program correctly and finding them is time consuming. So currently the best course is for me to do this part myself.

The new PI does not use AIM to trade. It uses what I call the "Value Trading Algorithm" to manage trades. The book explains it in detail, but at a high level it's a short-term rebalancing strategy.

For the PI book, I do need to get the prices in order. I started selling the e-book in 2004 for $47 and haven't changed that. Then I was able to publish the book and make it available on Amazon and set the price similar to other paperbacks (i.e. $19.99). Most recently I've started selling the book for the iPad through Apple's iBook store and set the price at Apple's recommended $9.99. So you are correct in that the price for the book is all over the place and I need to get the various formats priced closer together.

Regarding videos, I actually have Sony Vegas pro, lights, backdrops, microphones, a teleprompter and cameras (and have had them for quite some time) and have been meaning to create videos. So you are correct that I need to get some good videos out.

As for licensing, I've tried different methods in the past and the current method seems to work the best (especially with most people having high-speed constant internet connections). And since VSS and PI require an internet connection in order to work anyways, adding the license server isn't really that bad.

The issue is that I think you'd be surprised at how many people will like the software and if they are able to use it for free, they will do so. That's just a fact of life (similar to the music world). Since I spend alot of time researching investment methods and then writing programs to implement them, I'd like to ensure that everyone who uses the software pays for it.

To date, there haven't been too many issues and for the issues that arise, I'm able to fix it quickly. I would very much prefer to not have any licensing and rely on people paying of their own free will if they use the software. However that's not been the case in the past and I expect it won't be in the future.

With AI, you can use different data sources (including comma delimited files) in almost any format. VSS is a bit different and not really conducive to using other sources.

The new PI will be similar to AI. I have backtested end of day data for PI but don't have the intraday data for most stocks to backtest them for shorter periods. I would very much like to backtest on 1 minute bars to see if the volatility helps improve returns. If I can find the data, I will do the backtests.

Thanks for your comments and suggestions. I always appreciate the feedback.