Would you sell your proprietary strategies?
- Thread starter formikatrading
- Start date
There is no such thing as a proprietary systems.
Think about this !!!
There are really only 3 choices to be made.
UP DOWN or Sideways.
In all the years that markets have existed the combinations of those 3 simple choices has been exhausted.
The only thing anyone can ever give you is another perspective on them.
Stop searching for an answer just search for the perspective that makes the most sense to you
Think about this !!!
There are really only 3 choices to be made.
UP DOWN or Sideways.
In all the years that markets have existed the combinations of those 3 simple choices has been exhausted.
The only thing anyone can ever give you is another perspective on them.
Stop searching for an answer just search for the perspective that makes the most sense to you
How bout' fade GMS.....
Just joking
Michael B.
Just jokingMichael B.
Quote from gms:
I should be selling my proprietary indicators, but I'm giving them away free, right now, right here:
1. The ET Sentiment Oscillator. A contrarian indicator.
calculate: "Markets Topping" type posts / "Markets Bottoming" type Posts.
If < 1 then Sell, if >= 1 then Buy.
2. Market phase indicators:
a. New mr.market "Another winner" post = Up-trending market ;
b. Above average number of harrytrader posts = market is range bound;
c. gordon gekko posts announcing his continued success = Reverse or close all positions immediately! Extreme market turn coming.
I find that an important question to ask yourself, is
"Can I Trade This"?
Slippage is one of the biggest problems when trading over someones shoulder.
So if you are a systems trader looking for notoriety, IMHO you need to ask yourself :
"Are My Signals Tradable"?
Michael B.
"Can I Trade This"?
Slippage is one of the biggest problems when trading over someones shoulder.
So if you are a systems trader looking for notoriety, IMHO you need to ask yourself :
"Are My Signals Tradable"?
Michael B.
I would sell such a system only if the addition of other traders using it will improve its results and therefore will improve my own trading.
For example a system trading reversals; the more people trading this same reversal the more likely it will happen, of course for such a thing to actually happen in real markets you need a huge user base, but still...
TM Trader
For example a system trading reversals; the more people trading this same reversal the more likely it will happen, of course for such a thing to actually happen in real markets you need a huge user base, but still...
TM Trader
Quote from gms:
I should be selling my proprietary indicators, but I'm giving them away free, right now, right here:
1. The ET Sentiment Oscillator. A contrarian indicator.
calculate: "Markets Topping" type posts / "Markets Bottoming" type Posts.
If < 1 then Sell, if >= 1 then Buy.
2. Market phase indicators:
a. New mr.market "Another winner" post = Up-trending market ;
b. Above average number of harrytrader posts = market is range bound;
c. gordon gekko posts announcing his continued success = Reverse or close all positions immediately! Extreme market turn coming.
That's brilliant, you can't be giving it away free...
TM Trader
Question-- so you tell everyone about your reversal system, making it more likely reversals will actually happen, then won´t that screw up your entries? In other words, won´t you all be competing with each other trying to get in before the wave starts, thereby having to continually get in earlier and earlier, until the pattern no longer works?
This is exactly the nice part. As creator of the "system" you always have the advantage over the other users since you know it best, therfore you will enter before everyone alse and will have the most gain, by the time other users get in you will already have a few ticks profit.
TM Trader