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Ghamm,
you've got something very interesting there. it sounds like a dream come true for those who are already managing other people's funds using automated trading systems.
the idea of charging a monthly subscription fee for the service is a wonderful business model!!
benefits to the investor: pay-per-use, can terminate service if does not perform. model also encourages the EA developer to constantly ensure that the EA remains profitable, else subscriptions will dwindle.
benefits to the EA seller : priced right, a decent EA that is consistently profitable will potentially be able to draw hundreds of investors. at US$25 a month, we are looking at a PASSIVE income of US$5000 with just 200 subscribers.... just by selling and maintaining one EA.
benefits to both investor and EA seller : trades execute on the most ideal platform, bypassing the unscrupulous practices that some dealing desks use. ie. better EA performance due to faster execution and better spreads....perfect for aggressive scalpers.
i hope more interest will build up in this thread. i think it's too good to just let this thread fade off like that. please participate and support Ghamm by voicing your views..... *be constructive if you can please*
*peace*
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