I decided to start a journal of my own for a few reasons. They may become apparent as I post more.
The chief reasons are though... a) I have enough time to between trading b) I've had enough of the b/s hindsight trading from others, and who I refer to as FTs (Fantasy Traders). c) Allows me to express my views
Most of the threads and the majority of traders are rife with nonsense hindsight, with only one or two exceptions. Whilst I may not agree with a traders trade, I will always respect someones' transparency if they post their trade in real time, and someone like Steve Patt is one of the few examples who always fulfils that criteria at least.
So, as you can tell, my principle beef and motive for starting this journal is due to dis-trusting anyone who posts trades after the event.
To prevent that in this journal, anyone (no exceptions) who decides to post a trade must post a chart, and it must contain details as per my example attached. This is the number 1 rule . Failure to comply will not be tolerated, and will be put immediately on ignore it is as simple as that.
In addition, I am not interested in any chart containing an oscillator as an indicator, and I am not interested in messy charts, and they too will be ignored.
I am not out to teach anyone how I trade btw so take note, that is not the main purpose of a journal so far as I'm concerned.
As a result, in theory, only genuine traders fulfilling these initial main rules will post trades and I don't expect many (if any) will.
Here's a Gold trade on Daily that I'm involved in right now.
The chief reasons are though... a) I have enough time to between trading b) I've had enough of the b/s hindsight trading from others, and who I refer to as FTs (Fantasy Traders). c) Allows me to express my views
Most of the threads and the majority of traders are rife with nonsense hindsight, with only one or two exceptions. Whilst I may not agree with a traders trade, I will always respect someones' transparency if they post their trade in real time, and someone like Steve Patt is one of the few examples who always fulfils that criteria at least.
So, as you can tell, my principle beef and motive for starting this journal is due to dis-trusting anyone who posts trades after the event.
To prevent that in this journal, anyone (no exceptions) who decides to post a trade must post a chart, and it must contain details as per my example attached. This is the number 1 rule . Failure to comply will not be tolerated, and will be put immediately on ignore it is as simple as that.
In addition, I am not interested in any chart containing an oscillator as an indicator, and I am not interested in messy charts, and they too will be ignored.
I am not out to teach anyone how I trade btw so take note, that is not the main purpose of a journal so far as I'm concerned.
As a result, in theory, only genuine traders fulfilling these initial main rules will post trades and I don't expect many (if any) will.
Here's a Gold trade on Daily that I'm involved in right now.