Going public with a system ruins it?

Quote from Anseld:


I've never looked into other systems or any commercial ones, but how much is a system like this worth?
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Everything has its market value, all it takes to find it out is to put your system on the market and set a price that you would then adjust accordingly to the demand or you can keep it fixed if you do not care about liquidity...:)
 
Quote from Thunderdog:

Then let us remain in disagreement. There are as many opinions about the market as there are people. Some opinions and methods are better than others. The initial post to this thread refers to a "system." A system is a complete method, which encompasses more than just trend or range identification. It refers to sizing, timing of entry and exit and so on. This goes beyond the scope of a mere "indicator." When people spend unpaid years developing and refining a complete method to trade one or more markets, it is simply counterinuitive that he should share such information in its entirety with people who have not paid him along the way. And if some smooth talking salesman has a mass produced map to sell me that locates a "secret" gold mine, I would think twice about spending the $20 that it costs, even if the vendor swears it has a $50 value.
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ok let's disagree. sizing timing exits - all mean nothing if you've misidentified the environment. You just lose slower :).
I spend my days with people who obsessively try to refine my "ideas" inot systems and the try to protect them. I find that amusing since I happy to shaer the basic logic with anyone.

Perhaps we are simply misunderstanding the thread. If you rephrase it by saying - will going public with your trade set-ups ruin them? Then I still have to agree with Random - no cause nothing is secret - even if you toiled 10 years and think it is. The wheel was invented long ago.
 
Quote from jbt:

ok let's disagree. sizing timing exits - all mean nothing if you've misidentified the environment. You just lose slower :).
I spend my days with people who obsessively try to refine my "ideas" inot systems and the try to protect them. I find that amusing since I happy to shaer the basic logic with anyone.

Perhaps we are simply misunderstanding the thread. If you rephrase it by saying - will going public with your trade set-ups ruin them? Then I still have to agree with Random - no cause nothing is secret - even if you toiled 10 years and think it is. The wheel was invented long ago.
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Nitro will really be disenchanted then since he spent 20 years perfecting his holy grail.

Mr. Zen
 
Quote from Random.Capital:

Markets as we know them have been around for about 500 years, more or less continuously. It takes a pretty acute case of naivete to think you're coming up with something a million traders haven't already seen a billion times.
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So what is your point? To simply stop trying to improve your method and arbitrarily accept someone else's mediocrity?

Everyone may know the broad strokes as it relates to the markets, but the devil is in the details. I think it is rather presumptuous to think that being involved in the markets for some years puts you in a position of knowing all there is to know and to conclude that there is no point in trying to come up with something better. It sounds like an excuse to stop working on improvement.
 
Okay, one reason going public with a system won't ruin the system is because there is no guarantee that enough people will even bother using it.

Hypothetical question: If someone went public with the exact same system you use and enough traders used the system, would it affect you negatively or positively?
 
Quote from nitro:

Jia,

Men can't spell, and I am white so I can't jump either :(

nitro
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Hmm. Was that a jab? If so, then let us be clear that you did not misspell the word so much as you used the wrong one entirely - they are not even pronounced the same way. If it wasn't a jab, then please disregard this post. :D
 
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