To Share or not to Share strategy? | Forex Factory

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To Share or not to Share strategy?

  • #1
  • First Post: Dec 5, 2016 6:18am Dec 5, 2016 6:18am
Hello guys,

do you think it's wise to share a succesfull strategy (coded in EA) or it is better to keep it for your own use?
In some logic it's OK to share with general public so more people have influence on the market. But on the other hand it's better to keep it secret and sell signals, pamm account, ... - but very hard to find investors i see now.

I can't decide
  • #2
  • Dec 5, 2016 6:25am Dec 5, 2016 6:25am
better keep for yourself to no hurt nobody with such floating drawdawn
  • #3
  • Dec 5, 2016 6:37am Dec 5, 2016 6:37am
Quoting ficibald
better keep for yourself to no hurt nobody with such floating drawdawn

Heh, considering the account balance this floating drawdown is no problem, especially because it's a part of the strategy and under control. The USDJPY positions are set on weekly timeframe. So in a week or two it will be in profit.
  • #4
  • Dec 5, 2016 6:44am Dec 5, 2016 6:44am
Quoting PiranoTrader
... so more people have influence on the market.
Are you seriously thinking that we (retail traders) are able to influence the market with our trading ?
MT4/MT5 EAs/Indicators/Alerts coder
  • #5
  • Dec 5, 2016 6:48am Dec 5, 2016 6:48am
Quoting FerruFx
{quote} Are you seriously thinking that we (retail traders) are able to influence the market with our trading ?
retail trader money in forex is something about 3% if I am not wrong
  • #6
  • Dec 5, 2016 6:50am Dec 5, 2016 6:50am
Quoting PiranoTrader
Hello guys, do you think it's wise to share a succesfull strategy (coded in EA) or it is better to keep it for your own use? In some logic it's OK to share with general public so more people have influence on the market. But on the other hand it's better to keep it secret and sell signals, pamm account, ... - but very hard to find investors i see now. I can't decide
1st thing retail traders have no influence on the market unless you are trading 100 mil. Even then you will get squashed.
2nd I think keep it to yourself untill you can show 12months in a live account. If its a success sell as an account manager or signal. Or sell the EA.
20 Pips a day keeps centerlink away
  • #7
  • Dec 5, 2016 6:54am Dec 5, 2016 6:54am
Quoting PiranoTrader
{quote} Heh, considering the account balance this floating drawdown is no problem, especially because it's a part of the strategy and under control. The USDJPY positions are set on weekly timeframe. So in a week or two it will be in profit.
for signal trader this strategy is good,signal traders like trade with no stops,and look on JPYUSD monthly,who nows...I dont want be harsh,its only my opinion,I wish you good luck we all try to survive in this market
  • #8
  • Dec 5, 2016 7:06am Dec 5, 2016 7:06am
Quoting ficibald
{quote} retail trader money in forex is something about 3% if I am not wrong

Hm, I thought that retail has more influence. 3% is pathetic
  • #9
  • Dec 5, 2016 7:07am Dec 5, 2016 7:07am
Quoting PiranoTrader
{quote} Hm, I thought that retail has more influence. 3% is pathetic
No influence at all ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #10
  • Dec 5, 2016 7:13am Dec 5, 2016 7:13am
Quoting PiranoTrader
{quote} Hm, I thought that retail has more influence. 3% is pathetic
Retail traders are like one rain drop in the ocean.
20 Pips a day keeps centerlink away
  • #11
  • Dec 5, 2016 7:18am Dec 5, 2016 7:18am
[quote=PiranoTrader;9317026]{quote} Hm, I thought that retail has more influence. 3% is pathetic[/quote
lage traders by now short yen in yen futures,usdjpy go up,small traders go long on futures
blue line is small green lage traders
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  • #12
  • Dec 5, 2016 7:51am Dec 5, 2016 7:51am
Sharing a strategy is a completely moot point.

If it is shared and is popular by a huge number of people, including those taking large positions, then the direct result of those traders acting upon a similar strategy will just reinforce the results, as the market will respond as expected by those acting upon very similar signals.

It's the reason I use the standard settings for Ichimoku, as I feel it's very likely that more people use the default settings and therefore, act (react?) upon the same signals that I would see. This also goes for the measurement squad, with their lines, fibs, s/r levels - if the likelihood of the measurements being more obvious (and therefore more people will use the same ones), then the resultant expectations/analysis/reactions will push the market in similar places.

This is actually good, as a more consistent and technically-responsive market is exactly what I prefer, vs the vague 'nuances' of fundamental noise.

Given the huge numbers of players in this game, the different reasons behind taking trades and the various 'systems' and analysis that goes on...it hardly matters who knows what other people are using. But I imagine there will always be those that feel the need to protect their precious high-quality strategy/system. *shrug*
  • #13
  • Dec 5, 2016 8:09am Dec 5, 2016 8:09am
It is automatic?
  • #14
  • Dec 5, 2016 8:50am Dec 5, 2016 8:50am
Quoting kodakwhite
It is automatic?
Yes.
  • #15
  • Dec 5, 2016 8:53am Dec 5, 2016 8:53am
Quoting PiranoTrader
Hello guys, do you think it's wise to share a succesfull strategy (coded in EA) or it is better to keep it for your own use? In some logic it's OK to share with general public so more people have influence on the market. But on the other hand it's better to keep it secret and sell signals, pamm account, ... - but very hard to find investors i see now. I can't decide
LOL
"You may say I am a dreamer .... but I am not the only one."
  • #16
  • Dec 5, 2016 9:15am Dec 5, 2016 9:15am
Quoting dkrock
......4. The market moves randomly to activate pending orders....
Market is well organized. Never moves randomly....
  • #17
  • Dec 5, 2016 9:50am Dec 5, 2016 9:50am
Quoting dkrock
{quote} Thank you for your opinion. Where is your proof please? Here is mine. At your convenience, please show me the organized method that orders are activated. The ENTIRE WORLD is waiting for that knowledge. Thank you. https://www.youtube.com/watch?v=0PQCnYwUPeA

Take a time. You will figure it out on your own.
  • #18
  • Dec 5, 2016 9:56am Dec 5, 2016 9:56am
Quoting dkrock
{quote} Please tell me. Each trade has different traders, with different lot sizes. I really want to know how that is not random. You said it is not, so please explain??
if it's random, how do you profit?
  • #19
  • Dec 5, 2016 10:07am Dec 5, 2016 10:07am
Quoting dkrock
{quote} Poker is random. How do you win? Craps is random. How do you win? A football game is random. How does anyone win? I don't understand your question. Being random does not mean you cannot profit. But, you first have to understand it is random.
how can you compare Poker with forex? Poker has a defined number of cards ad you know the number of players how can you compare both?
  • #20
  • Dec 5, 2016 10:09am Dec 5, 2016 10:09am
Quoting dkrock
{quote} Please tell me. Each trade has different traders, with different lot sizes. I really want to know how that is not random. You said it is not, so please explain?? Also, if the market is organized and not random, how come it moves? Wouldn't it just be flat since everyone knows what will happen next?
I spent my money and my time to learn. you do the same.
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