Traders Laboratory - View Single Post - A New Traders Journey to Success
View Single Post
  #27 (permalink)  
Old 05-16-2008, 09:30 PM
Hlm's Avatar
Hlm Hlm is offline
Hlm is debugging software (banging head on desk).

 
Join Date: Sep 2007
Posts: 200
Thanks: 12
Thanked 90 Times in 51 Posts
Re: A New Traders Journey to Success

Quote:
View Post
...what is so special about your software and formulae that can't be discovered independently by other traders?
Absolutely nothing. It's not the information itself but how one analyzes and weights the probabilities to reach their goals. My system aims to simplify this process across multiple time frames and different instruments. The concepts I use are no secret. What motivation does one have to just giving away everything?

Quote:
View Post
...if you began to sell - or otherwise publicly reveal - your particular system and methodology, would that lessen your edge in the market to the point of unprofitability?
I had originally written a long explanation to answer this question, but it started to sound like some kind of cheap advertisement (I am not selling anything). Put simply, it's a tool to simplify and easily quantitate methods many are already using (TPO and Volume MP). My guess is that it isn't extremely unique to what some funds may use. I am pretty sure it would not decrease my edge any. Unless a working system is fully automatic and can't be messed with, you could give it to retail traders and the majority of them will still find a way to lose money.

Reply With Quote