Why would one share a system? To get the input of others to improve it? Maybe that will be the only valid reason.

Would you really share a system that works 100% of the time?


Cheers

L

The answer is no. You wanna know why?

Because none system works 100% of the time. Statistically 50/60% is best goal.

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there's no need to make improvement when your system make a great result all the time , yes in average 50 - 60% is the best result

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Forex Indicators Collection

some share their system for others to test and improve. its like a collaborative effort. more ppl testing -> know if the system really works and along the way, ppl will help to improve the system by adding new indicators etc...saw this happening at the other forum

In a perfect world everyone would share there profitable systems or EA's. That isn't likely to happen anytime soon. There are some profitable systems in this forum that are free. Those who share those deserve the most credit. Thanks to those people.

People don't share their good systems freely.The shared systems have some weaknesses ,and the purpose behind sharing is let other people help the system sharers with input and improvements.

System developers are traders ,and traders sell anything from systems,indicators ,tools ,services ,signals and expert advisors etc.It is the very nature of traders ,that makes them sellers, cause if they did not sell they would not be traders.

If the system was proven and profitable , it would be sold as a commercial product on collective2 or on the internet.

Systems are very personal to each trader in terms of risk tolerance.entry,exit,profit potential etc

Why develop my own system? Isn’t it easier to just go buy a system with proven results?

There are hundreds, if not thousands, of trading systems that work. But most people, after purchasing a preexisting system, will not follow the system and trade it exactly as it was intended. Why not? Because the system doesn’t fit them or their style of trading.

One of the biggest secrets of successful trading is finding a trading system that fits you. In fact, Jack Schwager, after interviewing enough “market wizards” to write two books, concluded that the most important characteristic of all good traders was that they had found a system of methodology that was right for them.

When someone else develops a system for you, you don't know what biases they might have. Developing your own system allows for compatibility with your own beliefs, objectives, personality and edges.

Furthermore, most of the system development software for sale really encourages some of the trading biases that I see as detrimental to overall trading success.

For example, give a system developer enough leeway and that person will have a system that perfectly predicts the moves in the market and makes thousands of dollars on paper with certain historical markets. Most software allows people to optimize to their heart's content. Eventually, they will end up with a meaningless system that makes a fortune on the data from which it was obtained, but performs miserably in real trading.


fx-indicators

people share their trading system for many reasons;
1,lack of confidence in the performance of their sytem especially those who bought rather than develop it,they would rather share it with other to confirm how good it is.

2,incomplete sytem with a potential of becoming a great one if only some addition or deduction is included to make it perfect,where such alteration is beyond the owners ability.

3,those that derive pleasure in helping other will always feel confortable sharing their system even for free no matter how profitable the system is.
etc.

none of system work 100%.
SHARING IS CARING

And next day you will sell this EA on ebay...
...That what happened to me...
Thank you very much....