Weekly Public Accountability

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Same with a weekly journal. Maybe I'm down on the week by Thursday and I know I have to post a public P&L shot. So, maybe I get reckless and take a real big gamble in order to "save the week" and just blow up my account instead.

Or maybe I'm up on Thursday and decide to play it very safe in order to not to embarass myself by end of week posting that P&L...

Not me, I post whatever the hell happens, win, lose or draw. I have no compunction about it. I have balls as big as church bells, which very few other people here have.

https://www.elitetrader.com/et/threads/and-they-have-a-plan-live.306838/

Go take a gander @Kelko100 and prove to us that you are not just another shitlicker bot phishing for something. Why not start your OWN journal, instead of asking all other journalers to waste their time posting in YOUR journal, in which you have not yet posted your own trading?

..."as this is the only way to make this psychology aid work to help you improve or to stay at your best.

So there we have it. It's a psychology play. Wrong section, sir/ma'am.
 
A few notes: This thread is a trading psychology aid. It would differ for every person and not everyone would find it useful the way I use it nor do I recommend it to anyone else. What helps your trading is up to you. I find it aids my trading to have an element of public disclosure. I don't post weekly $ figures because I don't know them. I don't even calculate PnL until months later. I find not thinking about the dollar figures on a daily basis also aids my trading. Some people are different and that's fine.

Use it or don't but anyone who posts weekly results can do so in any manner that they find psychologically useful to their trading.
 
Maybe that’s the number of prayers.

Muslims pray five times a day, with their prayers being known as Fajr (dawn), Dhuhr (after midday), Asr (afternoon), Maghrib (after sunset), and Isha (nighttime).

Because if the strategy ain’t profitable with a 70% (14/20) win rate … More troubles to come.

Or maybe it’s 70% loss rate.

OP is kinda mysterious !

By the way … Do you know how much you risk ?
Because you have no idea about your PnL …

 
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A few notes: This thread is a trading psychology aid. It would differ for every person and not everyone would find it useful the way I use it nor do I recommend it to anyone else. What helps your trading is up to you. I find it aids my trading to have an element of public disclosure. I don't post weekly $ figures because I don't know them. I don't even calculate PnL until months later. I find not thinking about the dollar figures on a daily basis also aids my trading. Some people are different and that's fine.

Use it or don't but anyone who posts weekly results can do so in any manner that they find psychologically useful to their trading.
Uh huh.

I used to also not calculate my PnL till months later or longer .... till I turned consistently profitable.
 
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