why do people share profitable systems?

There are several reasons why people might share profitable forex strategies:
1. Helping Others: Many individuals in the forex community enjoy sharing their knowledge and experiences to help fellow traders succeed. They believe in the principle of mutual support and believe that sharing profitable strategies can benefit others.
2. Learning and Improvement: By sharing their strategies, traders can receive feedback and suggestions from others. This helps them refine their approaches and gain new perspectives. Additionally, engaging in discussions about their strategies can lead to valuable insights and further learning opportunities.
3. Building a Reputation: Some traders share their profitable strategies to establish credibility and build a positive reputation within the forex community. By showcasing their expertise, they can attract followers, gain respect, and potentially collaborate with others on future projects.
4. Testing and Validation: Sharing a strategy with others allows traders to test its effectiveness on a broader scale. It helps them gather additional data points and evaluate its success in different market conditions. The feedback received from fellow traders can contribute to validating or refining the strategy further.
5. Psychological Benefits: Sharing a profitable strategy can provide traders with a sense of accomplishment and fulfillment. It allows them to contribute to the community and be recognized for their expertise. Additionally, the act of sharing can foster a supportive and collaborative environment, which can be personally rewarding. It's important to note that not everyone is willing to share their strategies. Some traders prefer to keep their methods private for various reasons, such as protecting their competitive advantage or maintaining their edge in the market. Ultimately, the decision to share or not share a profitable forex strategy depends on the individual and their personal motivations.

They don't share profitable systems.

Because they aren't profitable to begin with. By profitable, I mean a system that has a lasting power in terms of decades.

VERY sad to see how you look at the market place. Nonetheless, you can’t speak for everyone nor for me when it comes to the ability or edge which I have. Overtime, maybe even over decades as someone mentioned above, I will be able to prove that a correlated market has a weak allowing one to not only profit but share the results in a transparent way.

Such a system doesn't exist.

Markets evolve over time. So do systems (have to) do.

Because 99% of traders here are trading some form of demo or another or getting B-booked and not even touching the real market. So nothing matters.

There are only one reason why they do so: because of psychological issues. If a trader consistently feels the need to seek validation or share their trades publicly, it may be beneficial for them to explore the underlying motivations behind this behavior. Sharing trading strategies and trades openly can have potential drawbacks. It may lead to unintended consequences, such as others copying their strategy without fully understanding its nuances or context, or the trader becoming more susceptible to external pressure and criticism.

If a trader has a strong desire to share their trading strategy and show their trades to everyone, it may indicate a psychological issue known as validation seeking or a need for external approval. This issue can be driven by various factors, including:

1. Insecurity: The trader may feel insecure about their abilities or lack confidence in their trading decisions. By seeking validation from others, they hope to gain reassurance and boost their self-esteem.
2. Fear of missing out (FOMO): The trader might have a fear of missing out on potential gains or opportunities. Sharing their strategy and trades could be a way to attract attention and potentially receive tips or insights from others.
3. Overconfidence: Paradoxically, a trader who appears to share their strategy and trades openly may also suffer from overconfidence. They might believe that their approach is foolproof and that others can benefit from their expertise.
4. Emotional attachment: The trader may have become emotionally attached to their trading strategy and trades. Sharing them publicly could serve as a way to validate their decisions and create a sense of significance.

You are misinterpreting the behavior. As you can see, the reasons are generally different.

P.S.
What I can't understand is why most of traders don't know math and don't understand psychology. What I am writing about has been known for 100 years. You can read about it with a million books. But no, the trader will believe in magic indicators and stories about profitable strategies for free.

It's sad but AI has probably called time on all free and open chat. Two posts above, both clearly screaming GPT. Seemingly useful but ultimately garbage.

the real answer to the questions is it depends - quantifiable, easy to program stuff is kept under wraps but the keys and concepts are discussed openly (until now at least), usually disguised in a way to keep the blabbermouths at bay.

Classic TA isn't easily programmed and hasn't really changed. Anyone debating this, just take a look at Qullamaggie - one of the top 10 tax payers in Sweden and tell me you're doing better. I'd wager anyone saying he has psychological issues probably has a bad case of good old-fashioned jealousy

Exactly my point.

Most people don't want to adapt with the market and they're thinking there must be a holy grail system out there so they're eternally digging.

I can always prove you wrong. Have a look at this developing “recommendation” on. PEOPLEusdt

Mind you a fractalized market. What does it say about someone being able to martingale their way to net profit before liquidation?

Proving everyone is wrong until everyone proves you are wrong.

relax

guys what is the rule 90 pct of traders lose 90 pct their money in 90 days, trading is hard there is a lot to learn.
I have had very good traders tell me it can take up to 5 years to be in the 1 pct of traders that makes money.
you can't hand someone a system even if it was the Holy Grail. they would lose money.
people are lazy and won't put in the work and long hrs of screen time it takes. just my 2cents
have a great night!

Most probably the systems that they share simply don't work or don't work as expected and need some improvement or close to be dead (tiny profits that don't worth the time spent). It can be though driven by altruistic behaviour but considering that any public strategy becomes dead very soon it's like shooting yourself in the leg.