Weekly Public Accountability

K

Kelko100

This thread is for anyone who wishes to publicly post their weekly trading results in any way they see fit - anonymously or full disclosure. The purpose is to use it as a trading psychology aid. Many traders including myself find it useful to hold yourself accountable in a way while still maintaining complete control over one's own trading. Posting your results this way forces you to follow your rules and maintain discipline. There are no requirements for what you have to disclose.... as much or as little as your want. Whatever works for you to help you improve your trading psychology edge by using a public forum to hold yourself accountable. If it is useful you can use the idea of building up a rep using this forum or just the knowledge that you can at any time in the future show your results to anyone who asks as it is all publicly disclosed.

In my case I score myself every trading day on 5 metrics, did I pass or fail. So once a week I will publicly post my results for the past week. How did I score each day and was the week profitable or not?

For anyone else who uses this thread I only ask that you be completely honest in what you post as this is the only way to make this psychology aid work to help you improve or to stay at your best.
 
Flat for the week (+0.3%).
Spx down 3.4%.

Trading (mostly long) Equities

Since inception:
upload_2022-9-3_16-12-33.png


Wish you all a profitable coming week.
 
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Kelko100 said:
In my case I score myself every trading day on 5 metrics, did I pass or fail. So once a week I will publicly post my results for the past week. How did I score each day and was the week profitable or not?
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What are those 5 metrics ?
 
Kelko100 said:
This thread is for anyone who wishes to publicly post their weekly trading results
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:D It's not polite, or in proper form, to display wealth amongst the working poor.
This is kind of similar to YouTube, and social media site, videos...saying What I Made here -- it's kind of tacky and cheap,
 
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Kelko100 said:
This thread is for anyone who wishes to publicly post their weekly trading results in any way they see fit - anonymously or full disclosure. The purpose is to use it as a trading psychology aid. Many traders including myself find it useful to hold yourself accountable in a way while still maintaining complete control over one's own trading. Posting your results this way forces you to follow your rules and maintain discipline. There are no requirements for what you have to disclose.... as much or as little as your want. Whatever works for you to help you improve your trading psychology edge by using a public forum to hold yourself accountable. If it is useful you can use the idea of building up a rep using this forum or just the knowledge that you can at any time in the future show your results to anyone who asks as it is all publicly disclosed.

In my case I score myself every trading day on 5 metrics, did I pass or fail. So once a week I will publicly post my results for the past week. How did I score each day and was the week profitable or not?

For anyone else who uses this thread I only ask that you be completely honest in what you post as this is the only way to make this psychology aid work to help you improve or to stay at your best.
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So I'm supposed to tell everyone here what I made every week in order to hold myself accountable?

LOL.
 
Hi there Kelko100

Trading accountability is an effective method used by most
trading mentors. I had to show strategy, expectancy ratio,
time & position, risk protocol, P/L, winning/losing % and
thought process and summary for every trade.

It's best to only use this method with those who understand
it's benefits. Just find a trader who aligns with your beliefs.

Losing traders will never be accountable, not even to themselves.
 
Laissez Faire said:
There was a weekly/daily P&L thread in the past where people used to post their results.

Generally, it seems like with these kind of threads people stop posting when they start losing.
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And people who have put in the work and are making profits, don't bother posting to start with. There are so many other things to do besides pat oneself on the back.
 
Bad_Badness said:
And people who have put in the work and are making profits, don't bother posting to start with. There are so many other things to do besides pat oneself on the back.
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I don't know about that. I'd love to pat my own back. Nobody else is doing it. :)

For me, the motivation for not having a journal, P&L statements on a weekly basis, making trade calls, etc., is entirely selfish as I feel it will have a negative impact on my performance.

If I post a specific trade call, for example, I've noticed that I want to be right and I want to show people that. I want to defend it. While if it was done entirely private I would instead just cut my losses quickly.

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.

Bottom line: For me, I don't see any benefit with doing it. I have enough with my girlfriend breathing down my neck already.

:)
 
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