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Do any of y'all ever worry that these developers will leak it out and not keep it confidential? Is that a risk that comes with it? Like for instance, what if you give a developer a nice trading system, what if they use it for themselves as well behind closed doors?
@HinduMVP Absolutely you should be concerned about that if you have a world class strategy. I have had some bad experiences and would not put blind trust in a broker, hedge fund manager, prop firm, internet guru or author, etc. Reality is though is that many of the people who would steal your strategy, i.e. prop firms and hedge funds, already have similar strategies and are already competent. Also, unless you have a PHD and are doing some sort of arbitrage then it is not likely you will have discovered a world class strategy. If you are that PHD, you are already routing your trades through multiple brokers. It is super difficult to make strategies that perform.
On the other hand trading strategies aren't the magic touch. Also, most people will not trade strategies that work for long enough to realize the gains because most strategies that work will have various periods of underperformance.
I can almost promise you that if I gave 10 people a very profitable strategy that in a year or two at most only one or two people and very likely no one would have made any money. I, can, also almost guarantee you that if I made calls on the market that had an overall edge and high performance and gave them to a group of random people that if anyone traded them that they would lose money because the uncertainty factor is unknown. Some people would load up the boat when I had a good streak and blow out. Others would trade so small that they wouldn't make enough money to even be tangible. That's is why trading is difficult: I call it the bounding box problem.
On the other hand, sharing has a lot of value too. I don't worry because remember too, if you have discovered any consistently profitable pattern in the market then it already exist to be discovered and others will likely be trading it too.
I'm planning on learning how to code just to avoid going through that. I also have some friends that are in computer science with good programming knowledge so I can even ask them questions if I have any. It's a little tough to get your mind committed to learning essentially a new language.