Can sharing a profitable strategy stop it from working.

Discussion in 'Strategy Building' started by john7722, Apr 3, 2022.

  1. Grantx

    Grantx

    That's when your reversal needs reversing because the market has just reversed as you decided to reverse it.

    And notagain says 'not again! '.
     
    #11     Apr 3, 2022
    Scataphagos likes this.
  2. ph1l

    ph1l

    #12     Apr 3, 2022
  3. Yes.
     
    #13     Apr 3, 2022
  4. Actually it depends, 99% of even traders are not good at math, only arithmetic
     
    #14     Apr 3, 2022
  5. mikeriley

    mikeriley

    Absolutely not and never will.

    Imagine attending a seminar and a multi-millionaire
    trader shares his strategy.

    Why would he share his strategy. Simply because he's already rich.

    After 6 months all attendees return to discuss results.

    After discussion it's determined that less that 10%
    actually tried to use the strategy.

    #1 issue that keeps the majority from success is EGO,
    and not a successful system.
     
    #15     Apr 3, 2022
    SimpleMeLike, tomorton and gtober like this.
  6. kroxobor

    kroxobor

    Depends on the number of market players that learned about and use this strategy and also market liquidity. A strategy stops working when the insight that it provides about an asset that is undervalued or overvalued is incorporated in price so quickly that the only way to compete becomes speed advantage.
     
    #16     Apr 3, 2022
    cruisecontrol and Laissez Faire like this.
  7. Millionaire

    Millionaire

    It is not piker newbs you have to worry about. It is professional disciplined and well capitalised hedge funds.

    That being said they probably wont be interested in a retail traders edge. Although it might be really good edge. It is probably not scalable enough.
    And if the edge is scalable it probably isn't that great (low sharpey ratio).

    Also the kind of systems that you learn at seminars are discretionary, cant be easily replicated anyway.
     
    #17     Apr 3, 2022
    SimpleMeLike and SunTrader like this.
  8. If you're exploiting an inefficiency in the market you obviously don't want others to mess with what you're doing as the inefficiency will disappear. Think for example arbitrage.

    Liquidity isn't un-limited at any given time/location in the market. If you let others in on what you're doing (assuming it's something worth doing) - you may no longer be able to execute your own strategy. Simply, really.
     
    #18     Apr 3, 2022
    cruisecontrol likes this.
  9. bookish

    bookish

    Yes
     
    #19     Apr 3, 2022
  10. DaveV

    DaveV

    Why is the OP even asking this question? If you have a proven profitable strategy, why would you tell anyone else? Bragging rights? Gee, look how smart I am. I have discovered a strategy that no one else has seen.
     
    #20     Apr 3, 2022