Why I Don't Give Away Trading Strategies

Occasionally, someone will ask me if they can have one of my trading strategies.

The answer is always no, but not for the reasons you might be thinking.

You may have heard me say that I want to help 10,000 traders go from being hobbyists to trading full-time.

To accomplish that crazy goal, the traders I help need to be long-term successful.

Think years and decades of trading success, not just weeks and months.

If I started a trading room and gave away stock picks, people might be successful in the short term.

But the last thing the trading world needs is another trading room, where traders look over someone else's shoulder.

That might work for you in the short term, but traders who have long-term success understand that "outsourcing" your trading strategy development won't work for long.

Here's a great quote from a poet who found the turning point in their career:

“One day I walked away from the empire of the expertise of others.” - Gabrielle Calvocoressi

When the Beatles started, they were a cover band.

How much success would they have had if they had continued that?

At some point, they stopped joining trading rooms to get spoon-fed someone else's stock picks.

-Dave

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