Egoistic or selfish?

[aka_thn]

If you found a way to make money, almost riskfree, would you share it with other people at forums or other pages at the internet if this could mean that the oportunity to do this got lost..?

[Cran]

If you found a way to make money, almost riskfree, would you share it with other people at forums or other pages at the internet if this could mean that the oportunity to do this got lost..?

I would give generic advice, but not the details of successful edges.

But even if you did give exact instructions, a lot of people still wouldn't make money from it as they wouldn't follow the instructions...

[dude67]

Sounds like you are opening an Ayn Rand discussion here? (Ayn Rand: The Virtue of Selfishness)

What would be the objective of sharing a strategy, if by doing that you had dilluted it into history? Brief personal fame? Apparent altruism?

[LuckyYou]

I would give generic advice, but not the details of successful edges.

But even if you did give exact instructions, a lot of people still wouldn't make money from it as they wouldn't follow the instructions...

exactly - I have a friend who I am telling what to do and he seems can't understand me, or he is too greedy and not satisfied of my winnings. But in long term I am winner - he is a looser. But he can't actually see that.

[doubleback]

I would say no,

i may indulge my methology to a family member or friend that initiated an interest in what i was doing but that is as far as it goes,

Coke Cola don't share their secret so i'm not gonna share mine!

[theman73]

I think this kind of strategy didnt exist , but i would be more then happy if someone open my eyes

[Keefter]

people who post oddles of videos showing off random winning trades are usually egotistic (no need to mention names).

Perosnally if i had a guarenteed edge (such a thing probbaly doesnt exist and if it does it will be short lived) I would keep it to myself.

[shadowninja]

Do a google for Turtle Traders. 100 people were taught to trade (stocks) in the 1970s or thereabouts. 2 made it. The system got out, anyway, and other traders, knowing what many were looking for, counter-traded and thus the original system no longer works.

I'm only telling you this because I am awesome and you should know this.

[Quo]

Do a google for Turtle Traders. 100 people were taught to trade (stocks) in the 1970s or thereabouts. 2 made it. The system got out, anyway, and other traders, knowing what many were looking for, counter-traded and thus the original system no longer works.

I'm only telling you this because I am awesome and you should know this.

Better do a search on dis forum, I am pretty sure Jibiko, or some of the other regulars, posted a link to this E-book earlier.

[shadowninja]

Better do a search on dis forum, I am pretty sure Jibiko, or some of the other regulars, posted a link to this E-book earlier.

That's it, though - it's so public domain that the edge is blunter than a woolly jumper.

[Constantine]

Frankly I don't believe that 'risk free' strategies exist. The only real strategies that make consistent money are 'calculated' approaches that have both a consistent set of rules for both entry and more importantly exit from the Market position. I hope the regulars on here would agree that 'risk free' generally means 'profit free' as well. For my part the question of whether or not I would share a strategy with others would depend predominantly on whether or not I believed that person would follow my instructions and thereby keep the strategy pure. In my experience when I have shared a few 'tips' with friends and family they invariably follow it for a short time and then decide that they can do better. What follows is the time honoured descent from trading into gambling with what we all know is the inevitable result - bang goes the bank. The main force that opposes most people's desire to explain or illucidate on their strategies is the belief that somehow this will affect the Market to the detriment of the strategy. It's my belief that generally it is only the gamblers that push the Market prices to and fro. The traders slip in fairly unnoticed and out again with their profit.

[shadowninja]

Sports trading is like making love to a beautiful woman...

The traders slip in fairly unnoticed and out again with their profit.

http://powdermonster.net/amusing/txt...ng.php?show=48

[Constantine]

Lol - thanks Swiss Tony

[Constantine]

It's incredible-there I am trying to expand the debate with carefully reasoned comment - do I get any thanks - no! Not a one. Then along comes shadowninja with a pic of Swiss Tony and a salacious comment and he gets a thank you. Honestly where's the justice lol

[suffocation]

there is no strategy that is risk free.if someone likes risk free strategies then he should work as a teacher,doctor etc.they're almost risk free as far as the system doesn't decide to reduce personnel,you'll get your wages,same wages every month,same day of the month etc.now,if such a thing did exist and i knew it of course i wouldn't share it as it's obvious it would stop working so in the end nobody would make money out of it.