I think greed plays a major part in their decision, as well as fear. Zdreg, to add to my answer to you. I'm really asking this question to learn. I now know what I want my next thread to be. Because, now I think I'm starting to shift to the thought that the system is not important. It's the fear & greed, or psychology.
if you were prey,it would be important to know where and what your predator was up to at all times ,for survival purposes...watch the biggest moves ,who's making them, bears or bulls, how's the momentum,hows the cooperation with other markets,are they in unison signaling a storm or stampede,or moving independently in different degrees of strength,holding supp or res,reversing ,turning early while another is still on its same course,moving in opposite directions when they usually move in tandem, not moving at all while it's counter part is dropping or rallying,.....these are all signs that a prey would be aware of, scents,breaking twigs, birds in suddden flight,other prey darting suddenly in escape mode,wind patterns,temperatures,humidity,they use all there senses to the best of there ability...this is not an edge or a system,it's just common sense...on a side note...all the traders using the low margin brokers have very limited info...imagine the chances of survival for sensory impaired, blind ,deaf ,or crippled prey.....
If someone has a system that works and if sharing that system could reduce, possibly eliminate its success, other than for your own personal gain, why in the world would you expect them to share it ???
Thank you for everyone posting in this thread. I'm learning a ton from you guys. I'm coming to the realization that have spent years of their life trying to create a system that they deem is perfect only to realize there is not pot of gold at the end of the rainbow. Its almost like the search for the holy grail. As a matter, as nodoji pointed out. I'm sure there are a number of profitable systems on this site. And then as someone else stated, if you post your winning strategy there are lots of people on this site who will begin to attack you, asking for your p&l etc.
Please contact me when you perfect it - I'll take the other side quote [some spin] It may be difficult if u are use to losing $3000/day. the above poster doesn't need to wait unless he wishes to limit his winnings to$300/day.
give out trading system is easy, but the problem is just here: they will not trust it. why ? trading is a gambling game. or in a civilized word, it is an odd's game. 80% time works, 20% needs proper risk control. people will not buy it, they want the holy grail:the perfect one or the secret code. actually all trading ideas are common sense. the most useful one is: buy low and sell high, it not always works, but based on the gambling odd, it favors people in the long run if you can handle those days which it does not work. others involve trend following, breakout or resistance/support play, or fundamental trend(become better and better or worse and worse). they all work well most time, but 20~30% time the trend you followed is fake, or the breakout is a trap, or the technical support/resistance is none.... I look through lots of trader's trading methods, when put theirs into exam, I found they are all the same, just the ways different. like champion trader martiin schwartz, he do did averaging down trading (in hist first option trading), he picked bottom (think too low) and shorted top (think too high) to lose almost 0.8m in a day. I realized this several months ago, I start to gain. I forget about thinking about the system. but I do hone my skills on any trading strategy, so I can make money every day ( it is not realistic, but 90% of time should be). since in some days, if you are just good at buying low/sell high, the day may be a trending day, your skills are not good enough, you need switch.