no. People don’t get how you think you can earn so much with so little risk. And if you can, why wouldn’t you trade with bigger size relative to your account.
Yeah, had a bunch of people PM me and they said I need to listen to you, since you're more intuitive and intelligent than everyone else on these boards. With these turn of events I tend to completely agree with you, you obviously know more than myself and probably everyone else on these boards. High five my man. Thanks for all you do here and your input.
Thanks everyone for the comments. I hope the conversation was somewhat instructive. Just a reminder, the "system" was a premise, not something that really made sense for lack of details and as many pointed out, glaring issues. Yes, why indeed would someone pay more than their profits? Well it seems that people do that all the time. They "buy" systems, spend the money, get crushed. Seems same in kind. Feel free to hijack the thread...
There's one angle you're missing. There's definitely people around who try at this when it's well above their capability. Let's say i have a "do-nothing-at-all" system, it's $100 per month. Guaranteed to beat most traders.
Exactly. I have a friend who was involved in the sales of a very profitable system. The system had excellent returns with a very good risk reward ratio, and could be used on stocks and forex. So almost no limitation in growth. The seller had a price in mind based on the performance he realized, and the buyer had also a price in mind. The first problem was that the difference in price was huge. The seller was afraid to give it away to cheap and the buyer was afraid that the system would not work as good anymore in the next years, makoing it an expensive buy. So they were both very prudent. I cannot give any details but the situation was more or less like the sellers asking 10 times the average yearly profit, while the buyer didn't want to go higher than 2 times the average yearly profit. It was quickly clear that there would never be a sale. The seller's logic was: if I continue two more years I have double the price that the buyers want to offer as in these two years I make that amount again. Even an attempt to make a deal in which a correction on the purchased price could be made after two years trading, was impossible.
Hello Bad_Badness, Very simple and easy answer for me. I would quickly and happily pay for someone else trading Edge to make money. Everyone should be compensated for their hard work. Thank you,