Why do folks reveal Profitable Strategies, are they NUTS?

[austinp]

<i>"One thing you can be sure of is that if someone has written a book about a trading strategy or published on the web about one, that strategy is no better than random. All profitable strategies are kept secret, they are not published, they are not patented "</i>

I always get a good laugh out of absolute statements that just aren't true. One thing about basic human nature / logic, it is the third constant along with death & taxes :>)

 

[Neet]

Puretick.com has an automated strategy that has worked quite well in the past 6 months or so.

 

[T280]

Quote from austinp:

<i>"One thing you can be sure of is that if someone has written a book about a trading strategy or published on the web about one, that strategy is no better than random. All profitable strategies are kept secret, they are not published, they are not patented "</i>

I always get a good laugh out of absolute statements that just aren't true. One thing about basic human nature / logic, it is the third constant along with death & taxes :>)

Thats absolutely true

 

[austinp]

<b>T280</b>, you always crack me up!

Now fix your "that's" so it is grammatically correct

 

[traderdragon2]

That is nearly almost always true.

And if its not true, it soon will be as soon as enough market participants start using the system.

Quote from BlackBoxBob:

Nobody reveals profitable trading strategies. One thing you can be sure of is that if someone has written a book about a trading strategy or published on the web about one, that strategy is no better than random. All profitable strategies are kept secret, they are not published, they are not patented and they are only spoken about in the most general terms.

-BBB

 

[austinp]

<i>"And if its not true, it soon will be as soon as enough market participants start using the system"</i>

Monumental difference between "strategy" and "system". Not mere semantics... they are miles apart.

 

[nkhoi]

Quote from BlackBoxBob:

Nobody reveals profitable trading strategies. ..

-BBB

and if you repeat it enough of time you will firmly believe this mantra is the absolute truth, NOT.

 

[BlackBoxBob]

And if you keep believing you are going to beat the stock market by buying books from Amazon you have a very sad life.

 

[nkhoi]

no need for Amazon, search ET right here, right now, look for Arcacy, Jack, Spyder, T80, tripack etc... too many to name

 

[T280]

Quote from austinp:



Now fix your "that's" so it is grammatically correct

It's hard to believe I spent 2 years in Japan teaching English... an entire generation ruined by my frequent trips to Soapland and the Gaijin bars