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Message: <blockquote data-quote="dhride" data-source="post: 22894" data-attributes="member: 1660">Seed Capital  I have been working on an intraday trading system for a while now. The system started as a consultancy job for a hedge fund in California. The system was originally designed to hedge equities in a portfolio against a falling market by using options. Since the project ended, the system changed in many different ways. However the fundamentals are still very similar, the system uses historical data and stochastic calculus to predict intraday price movements.  Anyways.....I have done somewhat a fair amount of back testing using historical data. About a month ago I put the system live on a paper trading account, the system has been responding well and now I believe the next step is to find a financial backer to put the system to work live.   The back testing and the paper account are all at a starting value of $500,000 and I believe this is the amount necessary to start the system.   My question is:  What would be the best approach to raise the capital I need to put the system to work(besides friends and Family) Should I go directly to small investment houses, sent emails over investors forums(meet up, linkedin, etc)  to try to catch the attention of somebody, etc.  Also, how much data do I need to back my system and assumptions (100 days of testing on historical data, 100 days of trading on a simulated account, 1000 trades, etc). What about intellectual Property rights?  Any advice is appreciated.:-ss</blockquote>

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