Three gold channels are not three bets
Following several gold channels feels like spreading the risk. Often the channels are in the same trade at the same time, so it is one position at twice the size.
82 of 91gold channels with a close matchanother channel overlaps a quarter or more of their trades
36%overlap with the closest match, typical channelof its trades
What we measured
For every pair of the 91 gold channels with 100 or more scored signals, we counted the share of one channel's trades that were open at the same time as a trade of the other's, on the same instrument and the same side. Each trade runs from the price a follower could get after the post to its target or stop.
What we found
82 of 91 gold channels have another channel that overlaps a quarter or more of their trades. For the typical channel, its closest match overlaps 36% of its trades.
Why it matters
- Risk doubles quietly. Two channels in the same gold sell at the same time is one sell at twice the size. When it stops out, both do.
- Prop limits. Overlapping trades are what break a 5% daily loss limit on a bad day.
- Paying twice. Two subscriptions that send the same trades are one subscription at twice the price.
Members can compare any four channels: how often they hold the same trade, and their records side by side.