Algorithmic Trader

Oct 02, 2018 at 07:37
1,065 Views
6 Replies
Member Since Apr 08, 2018   5 posts
Oct 02, 2018 at 07:37
Hi,

I've got 20 years programming experience including working for some investment banks and financial firms in London.

I've built over 20 EAs for myself and my friends during the past 3 years of Forex/Indices trading experience (manual and automatic both).

If you're interested, I can potentially automate your manual strategy as well if it is automatable.

I'm not free so will be charging per project hour depending on your requirements and how much time it takes from me.

If interested, please feel free to send me a message with your requirements.

Thanks,
Will
Member Since Jan 25, 2016   15 posts
Oct 08, 2018 at 07:08
I have a project which may take a little bit longer to do so may I know how much do you charge for hour of your time?
mojeibfx@
Member Since Feb 26, 2016   2 posts
Nov 11, 2018 at 13:29
Hi Will

What is your hourly rate?
Member Since Jan 05, 2016   1189 posts
Nov 13, 2018 at 07:54
zamans98 posted:
What is your hourly rate?

My hourly rate is $125.00 an hour
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Member Since Apr 08, 2018   5 posts
Nov 18, 2018 at 07:57
My advise is you shouldn't pay on an hourly basis.

Define your project in details, then get a fixed quote for building it.
Member Since Jan 05, 2016   1189 posts
Nov 22, 2018 at 07:41
ForexElites posted:
My advise is you shouldn't pay on an hourly basis.
Define your project in details, then get a fixed quote for building it.


There should always be a written specifications check list that both the programmer and client work from.

If it's not in the written specs, then it's not part of the project. And as such, it's extra, which is usually calculated at the base hourly rate. This is how most programmers work and it's pretty much the industry standard for project billings.

Let me clarify this with a real world example:

Let's say that a programmer has 50 active clients with projects at various stages of development.

And now take into consideration that each of those clients ask the programmer to do a 'quick favor' that 'should only take 20 minutes or so. And each client does that once a week.

50 clients X 20 minutes = 1000 minutes extra work requested per week

1000 minutes / 60 minutes = 16.66 hours extra per week.

16.66 hours X $125.00 an hour = $2082.50 worth of 'quick favors'

In 4 weeks time (approximately 1 month) you get the following.

16.66 hours X 4 weeks = 66.64 hours
66.64 hours X $125.00 USD = $8330.00 work of 'quick favors'

The hourly rate is a base rate, there is a lot more to a project than just an hourly rate which is why detailed project specifications are an absolute requirement.

However, the question was 'what is the your hourly rate', so I answered it.

My time is extremely valuable to me, and as such I expect to be reasonably compensated for my time, and that compensation is billed out at $125.00 an hour, with a 1 hour minimum.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Member Since Apr 02, 2018   12 posts
Jan 27, 2019 at 08:06
Hello Professional4X,

I must agree with you, perfect explanation.
If every programmer open their eyes and act like this, some of us would not be working like 'slaves' anymore.
Price is King, Volume is Queen, all the rest are just story tellers!
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