[anonu]

Most academic white papers on trading strategies are horrible. There are written by academics or grad students (as you point out) that have no firm understanding of the actual market mechanics. You can often tell this right away just by the language and terminology used... Even before you get to the actual math or strategy.

Nobody will make any money in the markets relying on others work. It's just how arbitrage works. I've you want to succeed you need to be creative beyond what's already been done.

Once you're there you should follow the first rule of trading:

Don't talk about your strategy.

The second rule of trading is the same as the first rule.

I cannot emphasize enough how much you need to keep things secret in trading.