You wouldn't want to confuse my cautiousness with failure. My system works, but:
(1) It doesn't beat the market on green market days or overall. Given how the market has been since October 2023, you'd do a lot better by just holding an ETF.
(2) It does make money on red market days too.
(3) Overall it does earn and is successful, but I express caution because I think that at least four consecutive years of success is necessary before labeling a strategy successful. I haven't run it for that long.
(4) I keep doing experiments, several of which turn out to be failures, although I have done enough of them already, and I'd like to move on to something else now.
(5) I don't see the future, but I adapt to it. I cannot promise you that this will always work, that it won't blow up.
> Given the possible winnings and bad players lose their chips to good ones and retire what skill level do you suppose is on the other side of this game?
There are all levels of skills and of time horizons. Those with bad skills either quit or adapt. Others just have to hold for longer to see profit.
> I view it as an effort to construct a perpetual motion machine.
The reason why the market is viewable from the perspective of a perpetual motion machine is due to excessive federal moneyprinting shaking things up. If not for it, if dollars were backed 1:1 by hard assets like gold, I think it'd be a lot calmer.
> How long till they claim to have success
It took me a year to come up with a strategy that looked to work, but another year to simplify it to the bare essentials and to decrease risk where I could.
Being open-minded, faithful, and steadfast are essential prerequisites to discovery. If you mind is already made up, that would make you like everyone else.