Why Would Someone Sell a Highly Profitable System? | Page 4 | Forex Factory

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Why Would Someone Sell a Highly Profitable System?

  • #61
  • Aug 14, 2014 5:10am Aug 14, 2014 5:10am
Quoting tunera
{quote} A good EA can be written by a good trader only, it doesn't matter if you hire the best coders or if you have a team of coders, if they are not good traders first, they are not going to code anything good. As for traders, good traders (speculators) have their own capital and trade that one, privately. People that work on the bank are really good in terms of foundamental knowledge, but there is nothing that let me think they are good traders. Would you trade for a bank? No sane of mind good trader would ever do that. My point here is, there...
Bank employees are not traders. Or if they are they are around just for a year or two. Then the bank has sucked the geist out of them. To be a good trader takes experience and a heart. Bank employees loose their heart.
My signature is: "Classified".
  • #62
  • Aug 14, 2014 5:57am Aug 14, 2014 5:57am
Quoting yaed
{quote} Bank employees are not traders. Or if they are they are around just for a year or two. Then the bank has sucked the geist out of them. To be a good trader takes experience and a heart. Bank employees loose their heart.
I see, i never worked in a bank so really have no clue what it is like..
However, i'm starting to like the idea of EA trading, they looks cool
  • #63
  • Aug 14, 2014 6:02am Aug 14, 2014 6:02am
Quoting tunera
{quote}cool
"cool" you say? Ok.
My signature is: "Classified".
  • #64
  • Aug 14, 2014 7:49am Aug 14, 2014 7:49am
Quoting bluepanther
{quote} Sounds like those "coders" were more like "freeloaders" - look busy, but did little. Hard to get good workers these days... You just need a grid EA which can survive just about anything the market can throw at it. Do backtests to ensure it will survive past mayhem, and then keep a close eye on it (especially during news announcements). Diversify on multiple pairs to hedge risks. I am not saying it is easy (otherwise everyone would be doing it), but it is not impossible to achieve. I hope to prove this... some day. (...you...
Ok go do it, i will cheer on your team!
My signature is: "Classified".
  • #65
  • Aug 15, 2014 4:29am Aug 15, 2014 4:29am
Quoting yaed
{quote} Ok go do it, i will cheer on your team!
Thanks - watch me! (though you might be watching for a while...)
  • #66
  • Aug 15, 2014 2:51pm Aug 15, 2014 2:51pm
Quoting orabi
Hi I consider selling systems that work with a percentage rate of success like more than 50% and up to 70 % is a normal job and carrier why first reason not any one like to trade the markets second reason not any one have sufficient money to play the market and make good income from it if you have a system that works and win two trades out of three or three out of five and sell it for a given affordable price for all it will be good really you just work as advisory improving your systems third thing and which is so important some are specialized...
it went down to 1292
i posted the system and an updated version that update it self in my subject numerical analysis http://www.forexfactory.com/showthre...422500&page=30

all have a nice day
focus while relaxed to see better
  • #67
  • Aug 15, 2014 2:54pm Aug 15, 2014 2:54pm
actually i made good money form my system last time and i have enough money to keep alive the rest of my life
so i am posting my new systems for free as a gift to those great who have bought the first system COG SYSTEM thank you
i am trading now
all have a nice day
focus while relaxed to see better
  • #68
  • Aug 19, 2014 9:51am Aug 19, 2014 9:51am
  • #69
  • Mar 19, 2015 1:20pm Mar 19, 2015 1:20pm
There are no secret systems. Almost all sysyems work. So why not throw some indies together, give it a fancy name and sell it. Profitability comes from the traders experience and discipline. So yes, someone would sell a highly profitable system.
  • #70
  • Mar 19, 2015 1:39pm Mar 19, 2015 1:39pm
"Why would someone sell a highly profitable system?"


They wouldn't. That's why all the systems posted here at FF are garbage. Show me one trader from Goldman or DeutscheBank who posts his/her system on forex forums and I'll change my mind. But so far, I haven't seen such posts.
  • #71
  • Mar 19, 2015 1:41pm Mar 19, 2015 1:41pm
God knows how much EAs I tried. Don't buy anything. They're making profit right there under your nose by placing themselves between you and the market with zero risks. You'll end up losing money either way.
  • #72
  • Mar 19, 2015 3:55pm Mar 19, 2015 3:55pm
many reasons
1-he dont have access to markets because of his country banded from transactions .
2-he dont have a trading habit or dont feel ok with it .
3-he likes doing analysis to reach an edge in his understanding of the market
simply he dont like trading because trading means that he should have a worry feeling towered his position and he dont
like to have such a feeling .
focus while relaxed to see better
  • #73
  • Mar 19, 2015 8:30pm Mar 19, 2015 8:30pm
Quoting Anusragger
There are no secret systems. Almost all sysyems work. So why not throw some indies together, give it a fancy name and sell it. Profitability comes from the traders experience and discipline. So yes, someone would sell a highly profitable system.
I agree with this. I also think: If you cannot trade by hand and have success and boil it down to a known actuarial/statistical process, what makes you think that you will have success getting the computer to do it for you? I think that is often a bit egotistical of newer people (but I'm still new myself so I probably should not judge). Just one professional (financial) programmer's opinion. I know I can still do my process a lot better by hand still.
  • #74
  • Mar 22, 2015 1:58pm Mar 22, 2015 1:58pm
Quoting emanco
God knows how much EAs I tried. Don't buy anything. They're making profit right there under your nose by placing themselves between you and the market with zero risks. You'll end up losing money either way.
http://www.easyfreesmileys.com/smile...mileys-346.gif
  • #75
  • Mar 22, 2015 2:26pm Mar 22, 2015 2:26pm
Don't forget Forex market is special than any other market in the world . It's very large , we are talking about billions or trillions being traded everyday . It's isn't influenced
easily and it isn't manipulated easily . If I'm using a profitable system and then decided to use it and sell it at the same time , It will still work .There's no difference between me using it alone and me & other people using it (due to the market size) . That doesn't mean I'm with buy or selling systems but just saying this
  • #76
  • Mar 24, 2015 2:43am Mar 24, 2015 2:43am
http://www.cftc.gov/ConsumerProtecti..._tradingsystem
  • #77
  • Mar 25, 2015 10:45am Mar 25, 2015 10:45am
Quoting PoundTrader
http://www.cftc.gov/ConsumerProtecti..._tradingsystem
great advise
  • #78
  • Last Post: Mar 25, 2015 1:11pm Mar 25, 2015 1:11pm
Quoting FxMegaCB
{quote} great advise
thank you
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