FadeThePublic
Market Sharp
- Joined
- Sep 7, 2024
- Messages
- 509
- Reaction score
- 11
- Points
- 18
Going to be direct about where I stand before asking the question.
I don't follow tipsters. Never have. The entire premise contradicts my approach.
If the edge exists in the selection why would anyone sell it. The moment a selection is widely distributed the market moves and the edge compresses or disappears. A tipster with 10,000 subscribers is not selling an edge. They're selling a product.
But I recognize that's my specific position and not everyone agrees with it.
The practical question for anyone who does consider following tipsters:
How do you actually verify a claimed track record. Not whether the tipster says they're profitable. What evidence would you need to see before trusting a claimed record.
Because the industry is full of selective record-keeping, favorable time period cherry-picking, odds claimed that weren't actually available, and survivorship bias that makes the tipster ecosystem look more successful than it is.
What does rigorous verification actually look like.
I don't follow tipsters. Never have. The entire premise contradicts my approach.
If the edge exists in the selection why would anyone sell it. The moment a selection is widely distributed the market moves and the edge compresses or disappears. A tipster with 10,000 subscribers is not selling an edge. They're selling a product.
But I recognize that's my specific position and not everyone agrees with it.
The practical question for anyone who does consider following tipsters:
How do you actually verify a claimed track record. Not whether the tipster says they're profitable. What evidence would you need to see before trusting a claimed record.
Because the industry is full of selective record-keeping, favorable time period cherry-picking, odds claimed that weren't actually available, and survivorship bias that makes the tipster ecosystem look more successful than it is.
What does rigorous verification actually look like.
