Does posting of different methods of trading on tradeji reduces it profitability

[dhiraj11378]

Hi
just want frank answers from all for the below post

traderji is a platform to learn new things and new methods
nut if we look in past whenever a new method is posted here the profitability of it had gone down it may be saints sirs flow method, 2652 or prides intraday system. All have the same story to tell . Just chech the posts per day theses threads were having amamzing now its already dried up .
What i feel that there is a watch on this forum by somebody which effects th working of the methods posted out here
i had two method posted here of which 2652 still works but with tweaks
i have one more method with cci and parabolic but am scared to post it here and its the best method of mine till date.
I dont know why top writers like sunil and all left this forum but this is a commercial forum .
The owner of this foruns earns in lakhs
do you know the net worth of traderji just search in google and see
i dont unerstand why anyboby is notalllowed to take commercial use on this forum when the forum is earning commercially
suppose a tips provider want to market his tips i challange hin to give tips for one months live on tradeji ann if its profitable then let people subscribe to his tips
it a challange for any person
some tips provider give you tips for two days free and then they ask to subscibe thats rubbish and they purely intend to make money from you only for a month . The next month they will search for new clients
i have seen people or tips provider who take 20 clients and for 10 clients they give a buy signal for a stock at particular price and for remaining 10 they give sell for the same stock at the same price
what will u call this
at the end of month which ever 10 are in profit pay for the next month
that all . Then they search for some new 10 clients
what i feel a tips provider can earn more trading method by himself.
Which he doesnt as he hinself is not sure of the method .
So feel free and put your observations
dhiraj

 

[sahu]

sir

nice to read your post

we are waiting for you come on here and giude us

yes i agree with you on your post

can we see something new from you

thanks and god bless you.

 

[zed]

it depends on wat kind of system(trading method) ur posting, some systems increases its accuracy when many traders follow them some systems accuarcy decreases when many starts following the system.

wats the problem if The owner of this forums making money in lakhs there not stealing ur money, they helping people to improve thier knowledge in trading through disscussion

 

[sumosanammain]

Even If I give you the best system in the world, will 5 traders be able to take the same trades?

I Know for a fact that no, they wont.

I have given OUTSTANDING systems to some of my clients and they have actually ended up loosing money. SO, even if people know a particular strategy, they will not be able to impact the system per se... as they do not take all the signals.

Feel free to contradict me, but I have seen people stop following my systems after 2 losses, and see the next few trades as winners, trying to jump in from the next trade onwards, and facing the next 2 trades as losses. A vicious circle.

If it make you feel comfortable, dont disclose the system.
After all, its your bread and butter, and no one here is going to send you a monthly cheque for your expenses.

But, factually, it wont make a difference.

As for Saints system, there are some flaws in it, like no breakeven and no taking profits, etc. But they still manage to make an excellent amount of money. And thats a fact.

Though its psychologically difficult to follow Saints systems, they are very profitable if you are able to do so.

I advise you not to disclose the system, as if there is a drawdown period, you will feel that some " forces " are trading your system in wholesale and its not working anymore, and you will dump it.

Whereas in reality, it would be a normal period of drawdown.

Your paranoia would make you dump a system that does have an edge.

 

[LAYA]

some replies to the querries
i personally do not use this method in fututres .So i would suggest u all to use only in cash .
the time 10.15 is important u can start from there and by execution of some oerders suppose its 10.45 around then also u can put ur some last orders , but beyond that i suggest that u must not .
if u have a profit using first value then do not trade back in that pariticular stock
money management is important if u have a loss , then suppos u double ur amount then u must increase ur profit margin slightly . that depends on u ,to make up the losses.
do not ask of constant values .these are as per my studies and what i think
if profitable for u can use these or u can shift to ur own values .
if u have a loss on a particular day use the values for the next days not the previous days values.
any body paper tradng it or actually trading it .
do write more on this
dhiraj


SIR PLEASE EXPLAIN THE ABOVE HIGHLIGHTED WORDINGS. IT WILL CLARIFY ME.

THANKS
UMA

 

[sumeetsj]

If one puts an infinite number of monkeys in front of(strongly built) typewriters and let then clap away(without destroying the machinery),
there is a certainty that one of then will come out with an exact verison of the "Illiad".
Once that hero is found, would any reader invest his life's savings on a bet that the monkey would write "Odyssey" next?

Excerpt from Dynamic Hedging - Managing Vanilla and exotic options(page 64), written by Nassim Taleb.

For a set of people if same strategies or even same calls are given they will end up twisting or taking their own decisions and ultimately end up in unequal profits.
Because emotions come into picture quickly now matter how big or conditioned the trader is.

Hence what you say does not hold much ground i feel.

Comments welcome

 

[linkon7]

I have tested a lot of systems and posted a few on this forum even. Somehow after 2 years of the relentless search for the perfect combination of systems, i have to admit that no system is perfect. every trade has a equal chance of Sl getting hit and only after admitting this, i could chuck away all the crap i have been accumulating over the years. I have posted the whole collection (over 20 K afl) on the amibroker section and deleted them from my own machine.

Every trading system is either a fade the extreme or buy the retracement. Market is either trending or is sideways. A pure trend following system will get jacked real bad on sideways days. Trade location is the key to a good success rate. A buy just above a known support level has a higher success probability than a buy just below a known resistance level.

A simple trend line or a horizontal support / resistance line can tell you more about the chart than a combination of indicators. On a real choppy day, it is best to avoid trading all together then getting your stoploss hit on both direction.

Saint's method is by far one of the best trend following method i have seen. It has amazing money management rules and all you need is one good trade to offset 7-8 bad trades. One cant fault such a system simply because it requires a lot of patience and one has to develop the ability to ride (and build ) the winners.

Bigger time frame players dont really care about systems discussed on forums. When some big hot shot is buying 10 cr of SBI shares, he doesnt plan to exit them by 3.30 that day. He is buying them because he feels there is value in SBI in the long term. He will wait patiently for days for a pre-determined level before he starts accumulating. His presence can be seen on the chart in the form of tails on the candles.

Trading is all about logic and ability to align with the market's intention...

 

[jagankris]

I have tested a lot of systems and posted a few on this forum even. Somehow after 2 years of the relentless search for the perfect combination of systems, i have to admit that no system is perfect. every trade has a equal chance of Sl getting hit and only after admitting this, i could chuck away all the crap i have been accumulating over the years. I have posted the whole collection (over 20 K afl) on the amibroker section and deleted them from my own machine.

:clapping: :clapping:
It took time to realize this.I am relaxed after looking in to more than 2000 indicators including your's.But any how I think every body has to cross this search for holy grail :rofl:.

 

[jagankris]

On a real choppy day, it is best to avoid trading all together then getting your stoploss hit on both direction.

Dear linkon ji,

While trading smaller TF's say 1m or 2m I am finding it difficult to judge that the markets have entered sideways before getting my SL triggered few times.

If ADX reading less than PDI and MDI and < 20 then one can be sure of sideways markets.

ADX could be reading higher but i could be trend exhaustion phase.
Here also markets tend to remain sideways.

Please advice a good way to stay out of sideways - It comes by experience but Off course expecting an indicator :rofl:

TIA.

 

[linkon7]

Dear linkon ji,

While trading smaller TF's say 1m or 2m I am finding it difficult to judge that the markets have entered sideways before getting my SL triggered few times.

If ADX reading less than PDI and MDI and < 20 then one can be sure of sideways markets.

ADX could be reading higher but i could be trend exhaustion phase.
Here also markets tend to remain sideways.

Please advice a good way to stay out of sideways - It comes by experience but Off course expecting an indicator :rofl:

TIA.

ADX is a very powerful tool but has a habit of lagging. Point you made about using PDI, MDi and ADX is a good indication of a sideways market.

One of my best way to identify the trend and the strength of the trend is to use guppy MMA. If the red lines remain flat and are tightly spaced, then its sideways.