Objective, repeatable, consistent.
Think of it kind of like the turtle challenge, how can you prove the theory if you hand someone something that uses chart patterns and is not objective. You can't, hence a set of very objective instructions.
Can I give a monkey the instructions, and provided the proper discipline can he execute and get the results that I get.
That is the litmus test as far as I'm concerned, in terms of whether giving away a strategy will ruin it or reduce its profitability. When we start talking about savants / "feel" traders, generally traders who could probably somehow make money off of a "indicator" or "pattern" they mentally witness with no hard data (and is most likely just a crutch for tape reading), things completely change.
Think of it kind of like the turtle challenge, how can you prove the theory if you hand someone something that uses chart patterns and is not objective. You can't, hence a set of very objective instructions.
Can I give a monkey the instructions, and provided the proper discipline can he execute and get the results that I get.
That is the litmus test as far as I'm concerned, in terms of whether giving away a strategy will ruin it or reduce its profitability. When we start talking about savants / "feel" traders, generally traders who could probably somehow make money off of a "indicator" or "pattern" they mentally witness with no hard data (and is most likely just a crutch for tape reading), things completely change.