Let's Share Trading Strategies

 Let's Share Trading Strategies


There are not many trading strategies that can work long term. In fact, they are very few. That makes such a trading strategy quite valuable. So what does a person do with something that is valuable? One certainly does not sell it for a few dollars. What I am proposing here is that people with proven strategies come together to exchange them.

That way, a person with a good strategy has 2 good strategies - an insurance policy against diminishing returns which could happen to any strategy or system. Let us talk more about why this is a good idea.

Exchange Trading Strategies

Why Sharing Strategies Is A Good Idea

Trading Strategies are ideas which have been brought to life through code. It is amazing that your ideas are not unique. I still struggle to grasp the idea that someone else can have something so similar to something that developed through my thought processes. However, having access to another person's ideas can help make yours better.

You can find an angle which you missed, or which you could use to improve your own strategy. You could therefore have a more efficient and durable system; which means more dependable income.

More Value In The Vault

As we mature we understand that money is not everything - value is. We need to set aside value for the future. If your existing strategy stops working, you are going to need something to fall back on. Its always a good idea to have a backup system or 2, so as to keep earning. Some may even decide to use both systems at the same time; think of it like diversifying your investments.

It is always good to have some value in the vault. 

Better Than Buying

The moment a person offers to sell his trading strategy, it looks suspicious. Why sell the goose that lays the golden eggs? If something took years of thinkering, planning, building and testing, and then it actually produces the desired results, then why sell it for peanuts? 

The only logical thing is to milk it, and enjoy the fruits of you efforts. The only reason I would give away my strategy is because I want another one of equal value. Nobody wants to dilute the efficiency of their strategies.

Trendline Fire USDCAD

Trendline Fire EA EURCAD

Trendline Fire EA EURJPY

Frequently Asked Questions:

How Do I Know I Am Getting Equal Value?

This the most important question. Presently, I have plastered screenshots of the EAs performance during strategy testing. That will have to be the basic rule; meaning that anyone willing to swap strategies will have to provide similar visual evidence. However, I am not stopping there; I will soon provide performance history in live environment - myfxbook, most probably. When that happens, it will automatically become the new rule.

How Do I Know You Won't Sell My Strategy?

I have nobody to sell it to, and no intention of doing so. I do not have any other platforms, and selling has never been in my agenda. I am taking the same risk here, but for some reason I remain positive that this is a good, workable idea.

Closing

There is nothing more to say; swapping strategies is equal to swapping ideas; people (and organizations) do it all the time. Get in touch with me via the comments section, and let's iron out whatever needs to be straightened out. Happy Trading, and more profits to us all.