Sorry you thought the advice was terrible. Maybe I did not make myself clear, and that was more the problem.
Yeah, I agree that if there was some strategy that assured you of netting you 10k this month, you would jump on it. As would most of us. But the thing I was trying to express is that it doesn't work that way. It is my belief that adapting new strategies, or techniques, or methods, or whatever word works for each of us takes some time. There is some trial and error involved. So it is unlikely that I (or anyone) could stumble on something immediately, have it work for a month, and then abandon it and get something new that will work as well the next month..
First off, assume I come up with something that DOES work beautifully for a month. Then 30 days later it stops working. I am not going to just give up on it the first day or even the first week it doesn't work. So adapting is a process. It takes a while to develop a "new method", and it also takes a while to let it go.
Hope this makes my point more clear. Nothing happens overnight. Nothing gets developed all at once. Though I will admit sometimes an idea does come on like a "revelation". So implementing a new idea can happen fast. Giving up on it generally takes a bit longer. Hard to stop doing something that was successful when it stops working at first. It is natural to think, "well it's worked for a long time, so I am going to stick with it a little longer" even after it stops being a good thing. I think this is MUCH harder to do (drop a winning method) than it is to start a new one.
As for the "very valuable secrets"....what can I say? Here we just disagree. Maybe it's because I just don't believe that "secrets" can stay "secrets" for long. Anything that is truly unique quickly gets around one way or another. Remember, anything anyone does gets seen by someone else. If you have a "super secret" proprietary method, and you are making a lot of money implementing it, SOMEONE will see it. It may be your broker, your clearing firm, a compliance person, someone on an exchange...virtually anyone. No trades are kept secret. Start making a lot of money with consistency, and you get noticed. If you are grinding out an insignificant amount of money doing it, then yes, you may go unnoticed. But if you can't really capitalize on something in a big way, then how can you say that the "secrets" are "very valuable"??
Start making serious money, and whatever you do gets scrutinized somewhere up the line. And if what you are doing isn't obvious, that doesn't matter. People can and will "decode" your secret to success. Believe me. Any significant sampling of trades can be assessed and "reverse engineered".
Peace,
RS
