Do successful traders share their strategies in trading?

[Franctoshi]

This has been going on in my mind troubles me a lot ,then I decided to bring it in the forum here to get some humble directions and good replies ,can a good trader of 3 years of experience share their strategies of successful trade? Then if they share their strategies why do we still have many unsuccessful traders of 5 years experience who still failed in trading yet no profit?

Those I know that are profitable traders don't share their knowledge for free, it's paid for. And only few out many can share their knowledge for free if there are any known real profitable trader that share his secret of being a successful trader for free.

The reason while people can be taught by a profitable trader, yet after 5 years of trading they're still losing money can be as a result of personality and many other things, like

Discipline
Risk management
Patient
Psychology
Application of Strategy.

[SquallLeonhart]

There is nothing instant in this world, even though we learn from people who are very good even though it doesn't mean we will be able to get success in an instant way. Everything will take its own process. Even though we learn from someone, it doesn't mean we have to follow all the methods or strategies as a whole, instead we must be able to find our own strategy.

Moreover, what we are talking about is trading related to a very volatile market. What we learn in theory will sometimes be different when practicing it directly in the market. There are emotions that will affect us, fear and worry sometimes fade what we have learned.

This is why there is something called "10 thousand hours" method. Meaning if you start learning something it will roughly take 10 thousand hours to be master at it. Obviously this depends on you do it, like if you spend a thousand hours once every decade then you may still forget and not be good. Or if you do not learn and just repeat the same thing again then you are not going to get that much better.

So this requires not only you, but somewhere you learn from, the better you get the further you learn from somewhere could be teacher, could be mentor, could be courses, but you learn further advanced methods and after 10 thousand hours you are master of it.

[iBaba]

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Those I know that are profitable traders don't share their knowledge for free, it's paid for. And only few out many can share their knowledge for free if there are any known real profitable trader that share his secret of being a successful trader for free.

The reason while people can be taught by a profitable trader, yet after 5 years of trading they're still losing money can be as a result of personality and many other things, like

Discipline
Risk management
Patient
Psychology
Application of Strategy.

You are right. These are the ingredients that make some people become successful traders while others struggle to be one despite growing under the same tutelage. Aside from the intricacies you will learn from trading which includes the technical skills/tips you will learn to become a better trader, there is also need for you to learn the above intrapersonal skills to become more successful in trading because trading goes beyond what you read in the books or the technical know how.

It also entails you working on your mindset which includes the discipline you give to yourself while trading and learning each and every other skills mentioned above. Once you are able to follow the rules and apply them practically and patiently, you will have no cause for worry as you will definitely become more successful than before.

[EarnOnVictor]

This has been going on in my mind troubles me a lot ,then I decided to bring it in the forum here to get some humble directions and good replies ,can a good trader of 3 years of experience share their strategies of successful trade?

This question has been the reason for debates in many places, and the answer is that some do share it, while many others don't. Those strategies shared might need your right handling, creativity, psychology and management, which are where traders fail. Not that they are entirely useless.

However, the simplest, most brilliant, and the strategies that give the best ROI will hardly be shared by the trader. They would rather want to make more money through it by creating copy trading systems or strategy providing systems.

Then if they share their strategies why do we still have many unsuccessful traders of 5 years experience who still failed in trading yet no profit?

This shows that trading is not easy and the number of the successful traders are too slim than you think.