This has probably been discussed 100's of times here, but its always something that continues to come up.
Lets say you, and your finacially savvy colleagues have a combined experience of over twenty years of trading, quant and statistical analysis, prime brokerage, connection to wall street insiders and large hedge funds, etc.
Through blood, sweat and tears...trial and error...1000's of backtests, 100's of redesigns, modifications and tweaking. Countless hours of research and study, conversations with well connected insiders, and on and on...
You came up with an indicator that is very capable, but not perfect, and works on all markets and in all time frames. It is simple to setup and use, is completley different than all the canned indicators currently available, works most of the time to indicate direction and produces accurate buy/sell signals MOST of the time (but not always).
Would you ever share it by leasing it to the general public. I mean, come on, why would ANYONE do this? What is the purpose of getting involved with the general public, all the hassles and BS.
It doesn't make sense and NEVER will.
If such a tool/indicator does exist, and it actually may, you'll never be offered to lease it for any amount. Greed rules and always will. There is NO reason to lease/sell anything that has a high percentage of accuracy trading any instrument.
Ok, stepping off soap box. Have a nice day.
Lets say you, and your finacially savvy colleagues have a combined experience of over twenty years of trading, quant and statistical analysis, prime brokerage, connection to wall street insiders and large hedge funds, etc.
Through blood, sweat and tears...trial and error...1000's of backtests, 100's of redesigns, modifications and tweaking. Countless hours of research and study, conversations with well connected insiders, and on and on...
You came up with an indicator that is very capable, but not perfect, and works on all markets and in all time frames. It is simple to setup and use, is completley different than all the canned indicators currently available, works most of the time to indicate direction and produces accurate buy/sell signals MOST of the time (but not always).
Would you ever share it by leasing it to the general public. I mean, come on, why would ANYONE do this? What is the purpose of getting involved with the general public, all the hassles and BS.
It doesn't make sense and NEVER will.
If such a tool/indicator does exist, and it actually may, you'll never be offered to lease it for any amount. Greed rules and always will. There is NO reason to lease/sell anything that has a high percentage of accuracy trading any instrument.
Ok, stepping off soap box. Have a nice day.
