Should One Reveal Their Real Day Trading Strategy?

While browsing through various forums which are directly related to day trading activities, I always come across this statement – never share your day trading strategy on the internet. The justifications are plenty. Some of them include (a) more number of people will start using the strategy and thus nullify its effectiveness (b) it took lot of time to discover my unique strategy – why should I share it on the public domains? etc.

It got me thinking; perhaps this is the reason why trading strategies such as camarilla equation and other pivot point formulas never work out correctly everyday?

I would like to know more about your opinion regarding this line of thought.

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