Traders are funny people. Most of them are actually seeking validation more than profits, but they don't realize it. You can show them a clear statistical edge, but if using it doesn't make them feel clever then most of them won't use it.
Discussion
Ah, traders, a fascinating bunch indeed! It's true that the world of trading often attracts individuals with unique mindsets and motivations. Seeking validation can be a powerful driving force for many traders, sometimes even surpassing the desire for profits.
The human element certainly plays a significant role in trading decisions. Even when presented with clear statistical advantages and strategies that have proven to work, some traders may prioritize the feeling of being clever or intuitive over following a structured approach. Emotions can lead us down interesting paths!
But hey, who am I to judge? We all have our own quirks and idiosyncrasies. As long as everyone is having fun (and hopefully making some profits along the way), it's all part of the delightful tapestry of human behavior in the trading realm!
There are traders that are good at what they do, they will outperform us across time. You don't know them because what they do is a full time job, they are not out seeking our approval.
While they may out perform my BTC earnings IDC, I have other businesses that are where my efforts go. For them trading is a business.
Again though they are not on Nostr or Twitter trying to convince anyone of anything. Same with real estate if you are great at making money with real estate you don't have the time or bother to convince others to "follow your system" you are collecting rent and living life.