Tony's the man. He posts his sh*t for the world to see.
He's gonna be a great trader someday.
I'd put my actual trades out there with screenshots....... but F that....same reason I don't believe in Facebook. Its stupid. Put the ideas out there for folks and if they don't like em, so be it.Yeah, I'm always amazed at the number of people being rudely critical of those brave enough to post trades (near) real time, while the bashers don't dare to the same.
What's even more amazing is that we spectators don't demand that anyone rudely criticizing another back their talk up with real time posts, or evidence that they actually know how to trade.
Yeah, I'm always amazed at the number of people being rudely critical of those brave enough to post trades (near) real time, while the bashers don't dare to the same.
What's even more amazing is that we spectators don't demand that anyone rudely criticizing another back their talk up with real time posts, or evidence that they actually know how to trade.
This can be a very deep and expansive topic, one I surely don't fully understand, nor have all the answers, but I'll try touch it on briefly and it may or may not make sense. Maybe someone more knowledgeable and intelligent can break it down for us.
First of all I want to touch on this, one of the main problems is that people are afraid to be wrong not only for themselves, but even more so posting to other people it adds an extra layer of doubt for most. Even though they know and most other people know that trading is just a probability of repeating a setup over and over and through time you're profitable. I've seen it happen, someone makes a call if he's wrong people ridicule or troll them and than they lose all credibility, over one trade lol. No one wants to bother with that nonsense, so I think that stops a lot of good traders from even attempting to help.
#1 The rabbit hole goes deep. There are so many people with tons of followers, collecting subscription or monthly fees, who can't even do a proper intra-day or swing trade. They offer very basic, standard information and make their money off the backs of others, through good marketing or salesmanship. Also, there's some pretty prominent people who are not good traders themselves promoted by in my opinion some pretty decent companies (this seems counter intuitive and not sure exactly how it happens). I could be wrong on some of them, but based on following them and what the say, the evidence as how I see points to they aren't very good traders.
#2 A lot of successful people either don't have time, don't want to help or are afraid if they teach others what they do they may over time lose that edge if too many people follow it. I don't think that's too much of a problem in reality, but in theory it's definitely correct and if enough people did indeed follow what they are doing, than it could definitely alter the effectiveness of the strategy. Again, I am not stating this is practical or even likely, but I've heard this concern more than just a little.
Well, I had more #'s planned but this could go on forever. I guess to try and just get to the point, there's so many factors at play and so many truth's that people know, that aren't really truth's it makes it difficult for people to actually come together and help each other in trading. As no one wants to put themselves out there as often the cons outweigh the pros.
It's really complicated and I probably did a poor job explaining what I mean, but I did my best.
I think we are referring to different scenarios.
We had a guy here, posting his trades.
We had other(s) being rudely critical of the guy's trades.
I suggested, not seriously, that before one lambasts another who is brave enough to post their own trades in their own journal; one should likewise be willing to put their OWN trading ability out for others to LIKEWISE scrutinize.
I didn't mean this to apply to all, just those that seem to like to ridicule/belittle/condescend as they teach. I strongly suspect we all are able to recognize the type.
I submit that this would cut down on a lot of the 'hating' that goes on on sites like this, and as a result, encourage more experienced, knowledgeable, and/or successful traders to post as it wouldn't be such a clown-show atmosphere.
This change is something the members would have to, and want to, enforce. If we like the current pattern of:
Guy posts trades.
Guy condescended upon by other(s)
Guy responds in kind
Others can't believe the nerve of Guy, and launch full attack
Guy defends himself for a bit, but realizes he's in a clown show and can't win.
Guy stops posting.
Pros won't post either because they don't have time for clown show games.
Rinse, Repeat.
...then keep our reaction to this sort of scenario exactly as it has been in the past.
I think what you're saying is the same thing I was saying, just the case you're saying is a smaller part that falls under the big umbrella of what I was attempting to explain. I agree the change would have to come from all the posters, but thats part of my point currently it seems the negative posters are winning that battle, as how many people do you really see posting a journal?
It's fine if you don't want to relate what you were saying to my post, I just think it is related.
It's probably a failure on my part somewhere.
But I'm just not seeing a connection between a discussion about guys posting freely in a journal here, and subscription services etc.
Also, you mention guys not wanting to post for fear of ridicule, whereas I'm referring to guys posting, but stopping due to ridicule. True, other may witness the ridicule, and subsequently refuse to post. Which came first, the chicken or the egg? So I guess they can be related in that sense. But I consider one a cause, and the other an effect. I posted about the initial cause...or at least that was my intention.