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Re: International Stocks PLEASE!!!!!

thanks for the update. Looks like "big things" are coming. I am sure, most members are excited to hear about it.
And of course: Europe is highly desired.

Nov 28, 2016 3:14:16 AM       
Re: International Stocks PLEASE!!!!!


thanks for your update.

Have there been any publications about P123s vision?
I'm curious about what needs to be "fixed" with P123 first before expanding.
Is it about simplifying access for layman investors to the models / growing the investor audience?

Thanks for keeping up the good work.

PS: Also looking forward to more international markets.

Scared of drawdowns?
Annoyed by high turnover?

Nov 28, 2016 3:41:37 AM       
Re: International Stocks PLEASE!!!!!

Marco, Thank you very much for the update.

I am looking forward to see how you are going to revamp P123 to create a big user base.
All the best,


P123 is the best! Many Thanks to Marco and the crew!!!
Anyone near Augsburg/Munich, Germany wanting to meet up, just drop me a message.

Nov 28, 2016 6:35:49 AM       
Re: International Stocks PLEASE!!!!!

Am I the only one feeling a bit uneasy about the new changes? I don't want anything that alters or interferes with the models I've built. For me, P123 is a money making machine.


Nov 28, 2016 8:03:00 AM       
Re: International Stocks PLEASE!!!!!


I agree. I absolutely have to be able to run my present models. Having the present functionality to develop new models will be important as time goes by.

I do not anticipate any problems with scaling back of what we can do now. I would be willing to pay more if any core features did not seem economical (without the increased fees). P123 is making money for me too.

I strongly support anything that keeps P123 in business and possibly able to expand the data or functionality.


From time to time you will encounter Luddites, who are beyond redemption.
--de Prado, Marcos López on the topic of machine learning for financial applications

Nov 28, 2016 8:25:01 AM       
Re: International Stocks PLEASE!!!!!

Personally I don't understand why P123 is not on the first page of google search results for "DIY quantitative investing".

I've been looking forward to the teased "big changes". For a long time.

JudgeTrade pointed out a long time ago that it is cost-prohibitive for individual designers to advertise. Why not have P123 as a whole advertise?

P123 wants to be less niche. This is good. Is P123 trying to be the next wealthfront/betterment? But these services have major backers. And seem to be much easier to use than P123. Maybe P123 can partner with them?

Just thinking out loud. Personally, it would be awesome if each SA model was offered as an ETF. This would drastically reduce the pain involved in trading SA models. But I don't think P123 has the resources to offer this.

Picking a SA model to trade is extremely difficult. I don't see how the current format allows for mass-market customers. The average investor out there is not going to be able to filter through the large number of SA models available. Mostly likely, a motivated investor will pick one or two models to invest in, and then when there is drawdowns, quit trading the model. I currently don't trade other designers models. I only trade my own models since I know what's inside the black box. For the average investor out there, a cap-weighted index fund is good enough. Throw in some tax advantaged strategies and you get wealthfront.

Nov 28, 2016 8:42:58 AM       
Edit 1 times, last edit by MisterChang at Nov 28, 2016 8:53:20 AM
Re: International Stocks PLEASE!!!!!


As someone with Project Management Professional (PMP) training, it's painful for me to watch how P123 manages changes. Stakeholder (i.e. subscribers + others) buy in is critical for successful product transitions. The deprecation of Value Line data was a textbook example of how *not* to do these kinds of things.

Nervously waiting,

Nov 28, 2016 9:05:39 AM       
Edit 1 times, last edit by wwasilev at Nov 28, 2016 9:07:42 AM
Re: International Stocks PLEASE!!!!!


I have similar training and it also makes me uneasy in the way in which P123 rolls out changes. My concern is that changes to the software may force me to spend time fixing my systems to adapt. This may be time that I have not allocated or have for this activity. I do support improvements to the platform but appreciate improvements with discussion and/or advance notice.


Nov 28, 2016 10:13:04 AM       
Re: International Stocks PLEASE!!!!!

Marco - any idea when soon is?


Nov 28, 2016 11:54:12 AM       
Re: International Stocks PLEASE!!!!!

The current P123 interface won't change besides some tidying up and rearrangement, but it will all still be "one click away". The new stuff has a simpler more streamlined interface. The new site is almost usable. We'll invite beta users soon, probably by year end. It will still lack a few major things but you'll get the idea.

Here's the preview of major enhancements: tighter integration with Interactive Brokers, streamlined account opening with IB, ability to trade under our new RIA with your own ( fully discretionary ) IB account and 0 mgmt fee (goal is to pool trades and lower fees for all involved), fully managed accounts with our new RIA for folks that want something better than betterment, simpler access to Smart Alpha for non paying subs, several free tools (to hopefully entice users to try premium ones, or not, it's ok).


Portfolio123 Staff.

Nov 28, 2016 1:19:26 PM       
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