u/SpecialWave3492

Are the best traders incentivized to gatekeep?

Hey newbie here. Basically from a lot of responses I see here and on other places in the internet, it seems that the most successful traders are the ones that find a specific setup on a specific stock/future/crypto etc. that they have been studying for a long time until they find a specific pattern that has a high hit rate so the can keep doing that right? But edge always disappears as a specific setup is used and exploited again and again right? So then the best traders find another setup on something else with a high hit rate? Please excuse any misuses of terminology as I’m still new but basically this means that the best traders are supposed to gatekeep their latest strategies and setups so the stuff actually available in videos and easily accessible for people to “learn” are slightly to very outdated right? So an actually profitable trader should just learn the fundamental aspects of trading but be using backtesting or paper trading to discover a specific pattern on a specific stock or whatever it is they want to trade to be able to find something that has a high hit rate which they can repeat until the edge disappears then do the process again for another financial asset ? Or just find a different pattern in the same asset they’ve been trading?

Thank you

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u/SpecialWave3492 — 12 hours ago