Will you sell a winning system? | Forex Factory

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Will you sell a winning system?

  • #1
  • First Post: Aug 29, 2024 1:12am Aug 29, 2024 1:12am
Lets face it.

If a system or an EA can make money, will you sell it?
  • #2
  • Aug 29, 2024 2:40am Aug 29, 2024 2:40am
Quoting lengendff
Lets face it. If a system or an EA can make money, will you sell it?
If you don't know what to do, trade it yourself and register as a signal provider.
MT4/MT5 EAs/Indicators/Alerts coder
  • #3
  • Aug 29, 2024 12:13pm Aug 29, 2024 12:13pm
Quoting FerruFx
{quote} If you don't know what to do, trade it yourself and register as a signal provider.
Please how do i register to provide signal? Any link or platform thanks
  • #4
  • Aug 29, 2024 5:44pm Aug 29, 2024 5:44pm
Quoting tonyjustcom
{quote} Please how do i register to provide signal? Any link or platform thanks
For example on mql5[dot]com
MT4/MT5 EAs/Indicators/Alerts coder
  • #5
  • Aug 30, 2024 10:07pm Aug 30, 2024 10:07pm
Quoting FerruFx
{quote} If you don't know what to do, trade it yourself and register as a signal provider.
Damn. Took my idea. It took me 10 seconds think of this..
ForexOrderFlow.com Return This Year: 13.1%
  • #6
  • Sep 10, 2024 6:47am Sep 10, 2024 6:47am
then maybe share some results with us here, im intrigued
  • #7
  • Sep 16, 2024 10:04pm Sep 16, 2024 10:04pm
Quoting lengendff
Lets face it. If a system or an EA can make money, will you sell it?
I will sell it only in case this won't lead to rise in the number of competitors which will reduce potential profit opportunities for me.
  • #8
  • Sep 16, 2024 11:42pm Sep 16, 2024 11:42pm
Quoting pizd0s
{quote} I will sell it only in case this won't lead to rise in the number of competitors which will reduce potential profit opportunities for me.
We (mortal retail traders) wouldn't make a dent on the chart even if we all trade with the same super duper profitable EA.
MT4/MT5 EAs/Indicators/Alerts coder
  • #9
  • Sep 16, 2024 11:58pm Sep 16, 2024 11:58pm
Quoting FerruFx
{quote} We (mortal retail traders) wouldn't make a dent on the chart even if we all trade with the same super duper profitable EA.
You are wrong. Most of the time, I am the only one trading with real money.

When I am holding sells trades and as long as I hold the trades, the price keeps going up, because there is no liquidity.

Once I closed the sells trades, the price will then drop, as it has liquidity now.

So you see, if share the winning system, and all trade the same system, how to make money?
  • #10
  • Sep 17, 2024 12:29am Sep 17, 2024 12:29am
Quoting lengendff
I am the only one trading with real money.
If you're the only one trading forex in your broker, I would suggest you to change broker urgently ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #11
  • Sep 17, 2024 4:58pm Sep 17, 2024 4:58pm
Quoting lengendff
{quote} You are wrong. Most of the time, I am the only one trading with real money. When I am holding sells trades and as long as I hold the trades, the price keeps going up, because there is no liquidity. Once I closed the sells trades, the price will then drop, as it has liquidity now. So you see, if share the winning system, and all trade the same system, how to make money?
The phenomenon you're describing is: "being on the wrong side of the market".
  • #12
  • Sep 20, 2024 7:07pm Sep 20, 2024 7:07pm
Quoting Zennie
{quote} The phenomenon you're describing is: "being on the wrong side of the market".
You have to have an IQ higher than 90 to interact with this user.
  • #13
  • Sep 20, 2024 7:20pm Sep 20, 2024 7:20pm
Quoting lengendff
Lets face it. If a system or an EA can make money, will you sell it?
Of course not. Maybe for really astronomical numbers.

I get that some traders may lack capital, so they may think about selling their profitable system/strategy or EA for making the life easier for them. However that's a shortsighted way of doing business. It's like killing and cutting open the goose that lays golden eggs.

Yeah we retailers wouldn't make a difference in this giant market. But let's not forget the power of the internet.

You sell the EA to someone > then the person you sold it to sells it to others > it quickly gets popular in the forum since it makes money > some "finance bro" youtuber finds out about it and shares it/sells it to thousands > it becomes popular in the net, causing the hedge funds, quants to learn about it > magic is gone.

This may look like a very pessimistic, paranoid scenario but it is probable. We cannot underestimate that little probability, since we traders tend to make money from little probabilities and very little edges
You have to have an IQ higher than 90 to interact with this user.
  • #14
  • Sep 20, 2024 7:32pm Sep 20, 2024 7:32pm
Quoting Nordling
{quote} Of course not. Maybe for really astronomical numbers. I get that some traders may lack capital, so they may think about selling their profitable system/strategy or EA for making the life easier for them. However that's a shortsighted way of doing business. It's like killing and cutting open the goose that lays golden eggs. Yeah we retailers wouldn't make a difference in this giant market. But let's not forget the power of the internet. You sell the EA to someone > then the person you sold it to sells it to others > it quickly gets popular...
Correct. Worse is that winning system is an EA, which can be cracked and distributed for free. Without earning on the sale of the EA and letting people use the system for free, why should one sell in the first place?

So lets face it, the "winning" systems or EA on the internet are just junk. Nobody will ever sell a winning system.
  • #15
  • Sep 20, 2024 7:43pm Sep 20, 2024 7:43pm
Quoting lengendff
{quote} So lets face it, the "winning" systems or EA on the internet are just junk. Nobody will ever sell a winning system.
Exactly. Including those so called "courses" from the so called gurus as well as EAs. They are all traps
You have to have an IQ higher than 90 to interact with this user.
  • #16
  • Sep 21, 2024 3:43am Sep 21, 2024 3:43am
yup, the hunt for the holy grail continues. have not seen nor heard of a 100% winning system anyway
  • #17
  • Sep 23, 2024 10:51pm Sep 23, 2024 10:51pm
Rather than selling the strategy, I'll suggest you to setup a 'copy trade' account from the broker.
You may consider to post some of your profits or just raw trades on any social media or somewhere else as a purpose of gaining trust from others.

Why you should setup a copy trade account instead of selling the strategy:

  1. Long term commission
  2. Keep your strat research effort to your own selves
  3. The more the traders copy yours, the more commission you can get

  • #18
  • Sep 27, 2024 4:49am Sep 27, 2024 4:49am
eventually all EA's fail, they need proper updating just like a discretionary system
  • #19
  • Sep 28, 2024 5:49am Sep 28, 2024 5:49am
Quoting alaric92
Rather than selling the strategy, I'll suggest you to setup a 'copy trade' account from the broker. You may consider to post some of your profits or just raw trades on any social media or somewhere else as a purpose of gaining trust from others. Why you should setup a copy trade account instead of selling the strategy: Long term commission Keep your strat research effort to your own selves The more the traders copy yours, the more commission you can get
Setting up a 'Copy Trading' account is ideal. This way, you don't have to worry about getting hacked or allowing others to use your system without permission.
  • #20
  • Jul 27, 2025 5:36pm Jul 27, 2025 5:36pm
Yes, but for a lot of money, not those cheap deals you see on MQL5.

I will probably only consider a sale price above 3000 euros.
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