When AI Trading Works, You Won't Hear About It (opens in new tab)

To sell the bot itself. Say I have a bankroll of $10,000 to work with. Say I can generate 20% per year on it. That's $2,000. 20% is good, but on $10k, that's not much. If I borrow money, then that cuts into my margins. If I sell access to the bot and charge other people, they get, say 15% and I get some flat fee and 5% of however much they invest, so some such.

That secret sauce isn't going to last forever. Jan street's gonna find your alpha and leave you with none, so monetizing sooner rather than later is advantageous.

Some people talk. I've been watching some of Lance Breitstein's videos. He made $100m trading but got stressed by it and figured he has enough money so now is teaching and the like https://www.youtube.com/@TheOneLanceB

I think at the moment AI trading probably works a bit but the public stuff on youtube I've come across is terrible. On the other hand Quadrature Capital paid all their staff £2.8 million bonuses because they had so much money rolling in. Google's thing says they are a "secretive London-based, AI-driven quantitative proprietary trading firm".