thread: Why Would Someone Sell a Highly Profitable System?

Realistically, you have to ask yourself why someone might sell you a trading system that they claim always makes over 100 percent every year. In case the system is so great, why would you allow the entire world utilize it?

There are numerous explanations for those questions. First of all, the trading platform may be a piece of crap and the developer is looking for some suckers to buy it. Or, occasionally system programmers will sell a limited quantity of their systems.

Among the best explanations is that a forex trader may give the holy grail of systems into the world and it wouldn#8217;t even have much of an effect on his success. The reasoning is that most people won#8217;t even have the discipline or patience to follow the rules precisely and they will probably have dismal results and throw they system.

To Buy or Not to Buy a Trading Strategy?

That I would be very careful buying any trading platform. Certainly, I would not buy any platform that is hyping unbelievable profits of 8220;100% returns every month! #8221; Also, adjust your expectations much lower than what the machine claims #8211; returns are never better than the claims.

quote A good EA can be composed by a good trader just, it doesn't matter if you hire the best coders or even in case you've got a group of coders, even if they are not good traders initially, they're not going to code anything good. In terms of traders, good traders (speculators) have their own capital and trade that you, privately. People that focus on the bank are really good concerning foundamental knowledge, but there's nothing that allow me think they're good traders. Can you exchange for a bank? No sane of head good trader would do that. My purpose here is, there...

Bank employees are not traders. Or if they're they are only for a year or two. Subsequently the bank has sucked the geist from these. To be a good trader takes a heart and expertise. Bank employees loose their center.

quote A good EA can be composed by a good trader just, it doesn't matter if you hire the best coders or even in case you've got a group of coders, even if they are not good traders initially, they're not going to code anything good. In terms of traders, good traders (speculators) have their own capital and trade that you, privately. People that focus on the bank are really good concerning foundamental knowledge, but there's nothing that allow me think they're good traders. Can you exchange for a bank? No sane of head good trader would do that. My purpose here is, there...

Bank employees are not traders. Or if they're they are only for a year or two. Subsequently the bank has sucked the geist from these. To be a good trader takes a heart and expertise. Bank employees loose their center.

quote Bank employees are not traders. Or if they are they are around only to get a year or two. Then the bank has got the geist out of them. To be a good trader takes expertise and a hub. Bank employees loose their center.

I see, I never worked in a bank really have no clue what it's like. .
However, I'm Beginning to like the idea of EA trading, they looks cool

quote Bank employees are not traders. Or if they are they are around only to get a year or two. Then the bank has got the geist out of them. To be a good trader takes expertise and a hub. Bank employees loose their center.

I see, I never worked in a bank really have no clue what it's like. .
However, I'm Beginning to like the idea of EA trading, they looks cool

quotecool

cool you say? Ok.

quotecool

cool you say? Ok.

quote Sounds like these coders were like freeloaders - look busy, but did little. Hard to find good employees these days... You just need a grid EA that may endure just about whatever that the market can throw at it. Do backtests to ensure it will endure past mayhem, then keep a close watch on it (particularly during news statements ). Diversify on multiple pairs to hedge risks. I am not saying it is easy (otherwise everybody would do it), however it isn't impossible to realize. I hope to prove this... some day. (. . .you...

Alright go do it, I'll cheer on your team!

quote Sounds like these coders were like freeloaders - look busy, but did little. Hard to find good employees these days... You just need a grid EA that may endure just about whatever that the market can throw at it. Do backtests to ensure it will endure past mayhem, then keep a close watch on it (particularly during news statements ). Diversify on multiple pairs to hedge risks. I am not saying it is easy (otherwise everybody would do it), however it isn't impossible to realize. I hope to prove this... some day. (. . .you...

Alright go do it, I'll cheer on your team!

quote Ok go do it, I'll cheer on your team!

Thanks - watch me! (though you may be watching for some time...)