I'm considering writing a short manual describing how I trade CL for the purpose of explaining and teaching. I have substantial experience as a screen trader in oil futures/options, with a verifiable track record of 27% net ROI/thousand round turns, 9% max drawdown. I'm a self-taught discretionary trader, I use only price behavior (ticker) and a simple 15-minute bar chart. Recently I translated the key points of my discretionary system into a mechanical system, so I may include the mechanical system verbatim, as well.
When it comes to teaching, I'm a no-nonsense, no-BS type of guy, and the book would reflect that philosophy. Verification of my track record would be included in an appendix.
Any interest in this sort of thing, or would I be wasting my time?
Feel free to respond "yay" or "nay"
The following user says Thank You to mwtzzz for this post:
I can't see why would anyone reply to your offer by a "nay". Why don't you start a journal-tutorial instead where people could ask questions? I think a book is a very poor medium to tansmit all the nuances of a trading method.
The following 3 users say Thank You to trendisyourfriend for this post:
Not to burst your bubble, but your chances of getting useful information from that group is probably about the same as from a group of non-licensed amateurs who trade part-time. That is to say that the success rate is about the same in both groups. If you don't believe me, simply pick up any of several factual books written by seasoned pros to get the inside scoop. Books like "West of Wall STreet" or "Hedgehogging" or "Market Rap: The Odyssey of a Still-Struggling Commodity Trader."
I'm not trying to be disparaging. I just want you to be aware of the facts about the business. Take things with a grain of salt, including the things you "pay for."