Disliked{quote}........PF is one of the most transparent , honest and trustworthy with a REAL TE going on for almost 17 moths , while most TEs here on FF don't last longer than 3 months he's one of the few guys who actually admits having made a mistake , not photoshopping his TEs like others do.Ignored
However, not every post is a negative post. This post is a constructive feedback from a fellow trader.
1. PF has blown his account.
Yes everyone has that experience in their own journey. EVERYONE.
Having said that, in this journey to be a competent trader, this possibility of blown account has to be reduced to a point that it has a much lowered probability to occur in the future, in a word remote. This is the main priority among many other sub-objectives that requires total effort and focus to prevent it from happening - it must be the mainstay of the system we trade. Everything else is secondary. Imho.
2. PF post-mortem points to traders mindset as the root cause.
That is true but incomplete. If the root cause of this failure is not properly identified, acknowledged, followed by sufficient concrete actions taken to ensure that it prevents a reccurrence, this might happen again when the same conditions manifest in the future. Imho. I won't go into the details.
3. To blow the account is already difficult for the trader. To blow the account transparent to the public is worse. How much more difficult to conduct a post-mortem in full transparency ?
I see no personal benefit to do this process in public view. I recommend PF not to proceed any further with this in public. PF's goal has to be for himself alone. Imho.
PF, you can chose to ignore my constructive feedback. Let me know, I'll delete this post.
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