I wanted to hear people's views/opinions on whether or not they feel it important to see some form of "before the fact" analysis from traders who enter discussions here on FF, may take a quite forceful view on how and how not to trade, and yet are unable (or unwilling) to present any form of before-the-fact analysis to substantiate their position. By "before-the-fact" I don't mean, "Here's current price, if you go long, that's the target, and if you go short, that's the target." Can never lose, right? What I mean by before-the-fact analysis, is a clear, simple chart with an honest view of where one thinks price may be heading, and why.
My trading journey began in 2011 around the same time I began posting on FF. It's been as transparent a journey as I could possibly make it - obviously within limits. There have been very few traders that I've actually corresponded with along the way who have really helped me learn to see the market for what it is. In fact the only guy (called himself "doctor" !!) that really gave me a leg-up in a "real-time" sense, always posted before-the-act analysis. This was absolutely invaluable to me because it gave me the opportunity to "trade through the line" with him on my own terminal, and then compare results after-the-fact. doctor never posted his entries in real-time by the way - nor did he need to or I expect him to.
If I knew back then what I know now I would've applied a rather broad sweeping filter button to the forum aspect of this journey. By doing so I reckon it could've saved a couple of years of my life. And let's be honest, the most valuable commodity we have in life, is our time. I'm not suggesting that nobody should contribute, or indeed has anything useful to contribute, unless they've posted some before-the-fact analysis. But I've noticed a heck of a lot of, "You coulda taken this trade", "You shoulda done it this way", and "Everyone's gonna lose at Forex" by people who, quite frankly, don't even seem to trade.
At some point common sense has to prevail, and IMHO the only way to substantiate such absolute claims (and hopefully benefit those traders being suckered in to a kind of never ending cul-de-sac of failed processes) is for traders to put their attitude where the keyboard is, and post some before-the-fact analysis. Trade journals is an obvious exception.
I understand that nobody can make anybody else do anything. FF is a pure "free-for-all" in that respect. Nevertheless, we as individuals can be 100 percent responsible for our own course, and this includes applying the filter button when necessary.
Thoughts anyone?
My trading journey began in 2011 around the same time I began posting on FF. It's been as transparent a journey as I could possibly make it - obviously within limits. There have been very few traders that I've actually corresponded with along the way who have really helped me learn to see the market for what it is. In fact the only guy (called himself "doctor" !!) that really gave me a leg-up in a "real-time" sense, always posted before-the-act analysis. This was absolutely invaluable to me because it gave me the opportunity to "trade through the line" with him on my own terminal, and then compare results after-the-fact. doctor never posted his entries in real-time by the way - nor did he need to or I expect him to.
If I knew back then what I know now I would've applied a rather broad sweeping filter button to the forum aspect of this journey. By doing so I reckon it could've saved a couple of years of my life. And let's be honest, the most valuable commodity we have in life, is our time. I'm not suggesting that nobody should contribute, or indeed has anything useful to contribute, unless they've posted some before-the-fact analysis. But I've noticed a heck of a lot of, "You coulda taken this trade", "You shoulda done it this way", and "Everyone's gonna lose at Forex" by people who, quite frankly, don't even seem to trade.
At some point common sense has to prevail, and IMHO the only way to substantiate such absolute claims (and hopefully benefit those traders being suckered in to a kind of never ending cul-de-sac of failed processes) is for traders to put their attitude where the keyboard is, and post some before-the-fact analysis. Trade journals is an obvious exception.
I understand that nobody can make anybody else do anything. FF is a pure "free-for-all" in that respect. Nevertheless, we as individuals can be 100 percent responsible for our own course, and this includes applying the filter button when necessary.
Thoughts anyone?