If 85-90% of day-traders lose money, why not just inverse them?
On ForexFactory, you can see live trades that people do as well as their historical returns, entries, exits, etc. I'm contemplating just making a $5000 Oanda FX account for fun and inversing various traders on there and seeing how it goes.
MT4 has alot of algorithmic stuff but I don't have the brain power or whatever that can make an algorithm that links to someones profile and just inverses their trades around the clock. Plenty of profiles with -30% returns.
Thoughts?
This sounds very familiar... Have you heard of Alpha Capture?
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3873884 Decent whitepaper on the subject
This really sounds like what you're trying to do...
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