2. It says this person is new, and doesn’t have connections or inroads to get capital from “a big multi-manager”.
3. Sounds about right, but I disagree that the only way to go out on your own is by starting at an established shop. That doesn’t pass the sniff test.
Very likely won’t make a profit. Sure. Will it get him a job offer, connections, or experience. Absolutely.
edit: actually no, I can think of a couple counter-examples of successful firms started by people with no professional trading background, but it's exceedingly rare.
PS: My original comment came off as exceedingly harsh and am sorry for that. OP if you read this mb, just got kind of triggered for a moment. However I will say the design of your site is really slick!
Cheers!!
Basically, im looking for help to build the best possible platform.
2. You could say this about any startup in YC. "If XXXXX then YYYY would do it".
3. Again, you could say this about any startup founder.
Seriously
2. The adverse selection here is really really high: if you could generate alpha, you would find some capital from a big multi-manager or allocator (which is incredibly easy to get these days), and just focus on running their money. The fact that you are making a retail focused site instead of raising private capital says a lot.
3. Looking over the trading algorithms, seems pretty clear that you don't have a background at a prop firm or a quant hedge fund? It takes years to learn this stuff, and the only way you can reasonably do it before going out on your own is at an established shop.
Sorry to be a little harsh, but something like this is never going to work and no one in their right mind should allow your algorithms to trade for them. Generating alpha is incredibly incredibly hard, and teams of experts often spend years working on it with nothing to show for it.