Quote from T-REX:
I was out of the ES today. I cancelled out my orders from this morning after they did not get filled by 11:30am EST as per the rules outlined in the method.
I was however short the Euro today.
T-Rex,
Here's a suggestion that TGregg mentioned before...
I'll go into more details.
You want to help traders or you want to educate those that are interested in your methods...regardless if its discretionary, black-box or both.
You can setup...for free...a
private realtime chat room for you and those interested in your methods.
The room
will not be a distraction because you will be the room owner (moderator sort'uv speak).
You'll be able to post your trades soon after they occur.
That shouldn't be a problem because your not a scalper and it takes less than 5 seconds to post a trade in your IRC chat room.
I'll be more than happy to give you a IRC trade posting script to make things very easy for you and those using your room.
The purpose for the room is not to just post your trades...
Its so that you can communicate with ALL those interested in your methods at the same time.
This also allows someone to ask you a question in realtime...you respond when you have time...your answer will be helpful to all those in the room.
This is much more efficient than giving out your phone number if someone has any questions.
Most of the animosity in your strategy discussion (notice I didn't call it a journal) would be avoided and allow you to do one thing...
to teach, to educate those interested in your method.
Please don't reply that having your own free private realtime chat room to teach your method would be a big distraction from your trading...
especially when this strategy discussion thread is a bigger distraction in my opinion.
To setup your own private realtime chat room for you and those interested in your method...
During market hours...click on the below link and ask for help in setting up your private free room.
http://chat.othernet.org/?channel=help
Those in the room with the @ next to their name are the Othernet folks that will help you...
the biggest financial realtime chat network in the world.
Once again...log in during market hours to get this started.
The above suggestion
will in fact allow you to do what you want to do...
teach and educate others about your method along with allowing you to moderate your own room.
In fact...my suggestion is much more efficient then what your trying to do via EliteTrader.com message board.
It'll also allow those truly interested in your method to be among those that share the same interest.
Questions will be answered faster...trades easily documented...
Simple example...you would have taken only a few seconds to type a simple message in your free private room to announce you are
only trading Euro today and not the Eminis.
Avoiding a lot of miscommunications.
Here's what I don't understand...your trying to teach via your opening statement in this thread...
Quote from T-REX:
The purpose of this journal...provide hands on learning for all those interested in learning one of the most (if not the most) difficult method of extracting money from the financial markets on a consistent basis...
My goal is to ad value to ET by giving tutoring to those that request it. I have created a "Trading Plan" complete with rules on entry, exit, stop loss, and profit targets...
I do hope to spark some lively discussions in this thread as I will unveil some of my strategies along with some of the methods I employ while engaging in market analysis.
I will also as time permits post some realtime trades so that students will have something to go back and study on their own time...
Now you will be able to see 1st hand how it is done along with the daily "Trading Plan" to help guide you along the way each day providing you with a daily roadmap into the market.
The fact you stated...you did not trade ES. Instead you traded Euro.
Why didn't you notify the ET members via posting such?
As a teacher...why didn't you discuss the potential impact of INTC on the Eminis in late trading prior to 4:00pm est?
Why didn't you discuss the potential impact via the Fed Beige Report or the market moving conference in Europe at 1230pm est?
As a teacher...these are common discussions that should have been ongoing between teacher and student.
You know for fact how critical the geopolitical or fed news or key economic report releases have on the market...
Yet, you either do not or fail to discuss such.
I find this to be extremely odd and therefore I question your motive to teach.
Simply...get a private free realtime chat room for yourself and those interested in your methods...
post the link here at ET when it is setup...
to put an end to all this bickering.
Therefore...as a mentor or teacher to those following your method I think
your obligated to communicate with them in the most efficient way possible instead of showing up later long after the fact.
P.S. This thread is a losing proposition for you...cut your losses and move it to an environment where traders can truly learn.
NihabaAshi
