Fallacy or Reality?: quotWinning Systems Are Never Soldquot
Results 1 to 2 of 32

Thread: Fallacy or Reality?: quotWinning Systems Are Never Soldquot

  1. #1
    I'm starting this thread to really have a logical conversation about an idea that is widespread in our FX entire world, the concept that if somebody invents/discovers something truly useful they'd never promote it. Opinions are welcome, but please try to extend a logical substantiation for whatever you say.

    Lets investigate the idea a bit further. I believe that the traditional thinking thinks that if someone were only needing a winning technique they would be in a position to instantly convert that knowledge to money winnings, adequate such so they might easily support themselves from these winnings and accrue further still reevaluate their ever-increasing account. In addition, I believe that the traditional thinking believes that by combining the technique with others, the'advantage' of this technique could be'diluted' such that it could'ruin' the technique, even though this technique formerly was a winner. Ok so conventional wisdom thinks:

    1) There is not any point to sell it because you can make all of the money you need with it in the markets
    2) Selling it destroys the machine, therefore if the machine were legit at the first place the developer would not be promoting it

    Can we agree about this? When I overlooked something or you have a opposite take on this, I hear it.

    Proceeding on, assuming agreement on the preceding (we could discuss further if there's need), let me offer a few observations about these beliefs.

    I don't think that Idea #1 really makes as much sense as people assume. Trading is an ability and System Design is a skill. They're not the same skill! There are people who are excellent traders who use very primitive stuff since they can not design anything rewarding. There are nerds like me who can occasionally do semi-amazing things with our inventions, but who have not really mastered the art of gambling yet. It's particularly possible a truly talented system designer can not exchange any greater than ordinary because trading is a completely different kind of ability from analysis. The kind of person who'd naturally excel at analytical tasks and creativity within a technical realm isn't actually the kind of person who naturally has exactly what is needed to trade with the discipline and instinct needed.

    Next, people forget that some poor men and women are smart. It may be flat broke and develop winning technology. Perhaps you have only a few hundred to start a trading account. Even with a killer system, it might take years before that account becomes large enough to live off the earnings. What is the most logical thing to do in the mean time? Just sit this valuable technology and wait? Why not sell it for a while and build up your trading account, and THEN live off your trading alone?

    Dilution. That idea makes sense at first, but not really if you consider it. You might not believe that 100 or 1000 or even 10000 Retail Traders all doing the same thing at precisely the same time would really have such a big effect on the market? I can see that readily from Pork Bellies or Lumber, but FX? Really? There's more money traded every day from the FX markets than in the rest of the markets of the rest of the kinds combined. I believe that the assumption that a massed herd of Retail Traders can move the market is most likely a lot less accurate than expected. But even if that is really true, lets consider this a bit further.

    I would love it if I offered a system to a bazillion people and also my'herd' started moving the markets. As a system designer, that would not'dilute' anything for me. I can always correct my system to give ME the signals 1 minute ahead of you. Any decent system designer can do this to your own system. Also, if my signals started moving the markets, a whole bunch of my'herd' will be making serious bank also. The jolt caused by the herd will probably cause additional reactions from the markets that would frequently trigger moves resulting in great profit for all the herd members. So even though this assumption a herd of system followers could affect the markets is accurate, I really don't see how this could happen in the negative way that people usually expect. If the system designer does his job also generates signals that happen at actual market inflection points, then the whole herd could earn money when their effect causes other market participants to join in and extend the tide to a useful amplitude.

    So that I would like to hear different opinions about this.

  2. #2
    Quote Originally Posted by ;
    I agree with the thread starter. If somebody actually finds a treasure map, He/she will never discuss it with anybody, instead try to find the gold by him/herself. People with powerful system, generally does not sell there course instead they became fund manager, you don't have to sell course.
    I concur totally. If someone has a real great system that may make him millions, why would he even consider selling it to get a couple hundred or thousand bucks!

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners.