Let's say you have a terminal illness....

[Spectra]

check out www.puretick.com/reading.html#movies for a list of trading related movies i recently made. think i may watch boiler room tonight, havent seen it yet

 

[thehangingman]

Once everyone starts using the same strategy, then it will no longer work. There is no use in publishing it.

 

[bsmeter2]

Quote from Pekelo:

This post is a hypothetical, so if you are not good at imagining what-if kind of scenarios, you don't have to respond....

So let's suppose you are a very successful trader with your own strategy, a unique one developed by you, been successful for years under all kind of circumstances. Your doctor just told you you have 3 months to live because you have terminal illness.

What would you do with your strategy? Would you take it to the grave, or would you share it and if so, with whom?

The last time I checked, everyone has a ternminal illness. If you find someone who plans to live forever, please let me know, I'd like to know the persons secret.

As for the strategy, I'd so everyone a favor and burn it.

 

[romik]

Quote from bsmeter2:

...As for the strategy, I'd do everyone a favor and burn it.

2 friends meet for lunch and one notices a very expensive watch on his buddy's wrist:

- Cool watch! Where did you get it?
- My Dad sold it to me when he was dieing.

I would leave it in my will to my family.

 

[pcgeek86]

Quote from thehangingman:

Once everyone starts using the same strategy, then it will no longer work. There is no use in publishing it.

There are so many traders out there, and so many different strategies to choose from, or create yourself, that I highly doubt this will be an issue.

 

[pcgeek86]

Quote from Hook N. Sinker:

I believe most people are incapable of trading profitably or even saving money from a regular paycheck.

I don't know about you, but I don't just believe it; I see it. Quite honestly, I think it's pathetic, too, but without these types of people, you wouldn't have any differentiation between low and middle class.

 

[Businessman]

Quote from Pekelo:

This post is a hypothetical, so if you are not good at imagining what-if kind of scenarios, you don't have to respond....

So let's suppose you are a very successful trader with your own strategy, a unique one developed by you, been successful for years under all kind of circumstances. Your doctor just told you you have 3 months to live because you have terminal illness.

What would you do with your strategy? Would you take it to the grave, or would you share it and if so, with whom?

Leaving behind your stragegy is unlikely to make anyone else any money, in fact they will probably lose money by trying to follow your strategy if you arent around anymore.

 

[pcgeek86]

Quote from Businessman:

Leaving behind your stragegy is unlikely to make anyone else any money, in fact they will probably lose money by trying to follow your strategy if you arent around anymore.

I don't think I fully agree with that. While I am personally inexperienced, and probably couldn't make a whole lot of sense from someone else's strategy, I'm sure a more experienced trader could pick up on some concepts from it.

 

[Pekelo]

Quote from Businessman:

Leaving behind your stragegy is unlikely to make anyone else any money,

Lots of people missed the 3 months dying period. That should be enough to teach it....

Or it should be enough to find the right person to have it...

 

[Renegen]

So what's your plan, visiting the terminal ward and hunting for traders?

Me? I don't know but maybe I'd go crazy on drugs. And high speed chases.