Holy Grail in Forex has been found. No doubt. Both manually and automatically. Manually, I've seen someone giving signals for more than 10 trades with 100% accuracy. Automatically, I've seen someone developed a money machine through expert system (not expert advisor), which involves API programming (direct broker's data feed farming), Artificial Life so the system can learn from mistakes, neural networking, and non-linear algorithm.
The Holy Grail has been found, or at least a few of you have found a very profitable trading system. The question is: why are you not sharing it with anyone?
First blatantly obvious answer is that you've spent tens of years finding it and developing it and feel it is too valuable to share. That's only fair and you have every right to enjoy the fruit of your labor.
My first thought is that, don't you think if majority of people are using your system, the system becomes a self-fulfilling prophecy? Support & Resistance, Elliot Wave, Fibonacci don't make a scientific sense at all. Why can't the price of an asset go up or down further than a certain past limits? That is because majority of people are using the price of the past to act the future. All common indicators become self-fulfilling no matter how strange the concepts are. The more people are using them, the stronger and the more accurate the signals become.
So going back to my question: are you not sharing your profitable system because you feel it is too valuable to share, and that if you share them, you think that somehow your portion of profit will be less? Or would you consider sharing them (and it is only fair if you charge people for a profitable system, but free distribution can only work to your benefit) and get the mass support to make your system becomes more accurate due to self-fulfilling prophecy?
The Holy Grail has been found, or at least a few of you have found a very profitable trading system. The question is: why are you not sharing it with anyone?
First blatantly obvious answer is that you've spent tens of years finding it and developing it and feel it is too valuable to share. That's only fair and you have every right to enjoy the fruit of your labor.
My first thought is that, don't you think if majority of people are using your system, the system becomes a self-fulfilling prophecy? Support & Resistance, Elliot Wave, Fibonacci don't make a scientific sense at all. Why can't the price of an asset go up or down further than a certain past limits? That is because majority of people are using the price of the past to act the future. All common indicators become self-fulfilling no matter how strange the concepts are. The more people are using them, the stronger and the more accurate the signals become.
So going back to my question: are you not sharing your profitable system because you feel it is too valuable to share, and that if you share them, you think that somehow your portion of profit will be less? Or would you consider sharing them (and it is only fair if you charge people for a profitable system, but free distribution can only work to your benefit) and get the mass support to make your system becomes more accurate due to self-fulfilling prophecy?