Governing such traders is impossible unless you get confidential info from brokers..... Second I used to think ninja/other platform markers showed winning trades but they can be faked easily....Third a winning trade is a winning trade.....Fourth journals can be more distracting than useful as well.....Fifth recreating indicators that have been around since charting started can be deceiving as well....so in conclusion each find your own method and make it yours I like to see traders make good calls sim real fake lol I dont care because its not really how a trader trades as it how the trader sees and reacts to the trade...and fyi i saw the ES wrong today lost too much then internet locally goes down once it came back live only made up 1/4 losses in RTH--- skit happens move on
Guys with a little experience should be able to pick out the SIM wonders very quickly. The purpose in some kind of segregating or labeling of trades is pretty much to protect people new to trading and to the forum.
I really don't see a way to police that other than to use the first rule of gun safety. Always in every situation consider every trade to be SIM. Would a phony make a fake marginal trade or doctor a chort to create a loser?
All SIM all the time until you can duplicate it on your own, would be the safe assumption.
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You are mistaken. No one posting over there says that those are the only trades they took. They choose to post trades that best represent their setups. No one said they dont have losers. The thread has always been about sharing setups, patterns that occur repeatedly, information that helps other traders. If you dont like what is shared over there, no one is forcing you to click your mouse and open that page. Just simply dont. And then you are pissed off that he put you on the ignore list?
I guess the mind really sees what it wants to - not just in the charts.
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unless I am mistaken, the poll asks the same question in the reverse....
either way to sunday, just like @PandaWarrior said, and btw, he is a very credible, highly believable trader in his own right.
just like @PandaWarrior said, it doesn't matter, however, its about time @mike and others addressed this topic, because we are not all fooled by those fibs being told by all those traders with these incredibly perfect charts and always griping how they missed the perfect calls
wasn't it just a while ago (search box on DTS), another expensive system that's being hawked out there was called out.... for having taken the wealth of free or nearly free (time is capital and a lot of capital was devoted to making these available for download) indicators on futures.io (formerly BMT) and packaging them into his for sale wonder system?
wasn't it just a while ago that we got calls for a significant market drop to occur, only to see the S&P500 spike higher for almost two weeks through a 44 point run higher?, before seeing it drop? in fact, today the S&P500 dropped some -39.10 points to the 1833 range (emini and futures market index will be different from the cash sp500 level).
I say, let them post, whether simulated or live, whether properly disclosed or not.
after all, aren't we all sim traders, until we choose to click the kill-joy button and fire off a sidewinder into that Mig? (fighter jet reference, for those who are a little tired)
after all, aren't we all posting on a forum that is read world wide on the web?, in cyberspace, in a galaxy far, far away?
after all, why say (effectively) to the world, what we wouldn't even mention the Mailman/Woman, or the Gardner, or the Priest, or the Grocery store clerk, or the neighbor (we never saw before)?
after all, who's to say, who is reading these threads and statements?
only our Tax Man knows for sure....
(ok, that was a reference to a hair color product commercial from some (wheee) years ago, for those that just won't ever know)..
I post every day in "Trading futures with context" journal. If you look at my previous posts you will certainly see a lot of losers! So much so that another poster ridiculed my trades recently, (he had very cool emoticons though). I can speak for myself, RobRoyRogers and dctrade69 that the trades posted are actual trades. RRR & myself are still in SIM. dctrade69 is trading real money, he is just that good.
I have gone the route of most on this forum, blown up 3 accounts, walked away for a year, kept being drawn back, knew that there had to be a way, purchased programs, bought indicators, etc..... I have been at this since 2000. This is the first time in these 14 years that I am finally getting confidence in trading thanks to the information I find for FREE on futures.io (formerly BMT) and specifically the "Trading Futures with Context" journal. Contrary to what you experience with @mfbreakout's journal, I have found it immensely helpful.
You seem to be on a binge looking for a way to discredit others. You have to ask yourself what good would it do you if everyone on futures.io (formerly BMT) is lying about every trade they post? How is exposing someone else lying going to benefit you or further your trading goals? Instead of focusing so much negative energy on trying to discredit others, spend the time more wisely in pursuit of your trading goals. Just my $.02.
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I originally wrote a much longer post, but it comes down to this:
I think such grandstanding and dishonesty should be banned, as it just clutters up the forum with noise, like a badly tuned radio. But how do you determine who is faking and who isn't?
I've seen one such person actually post a chart supposedly showing live trades but with chart simulator in Sim mode (none of the followers seemed to notice, and that person is still around). But unless someone makes a similar mistake, what criteria would you use?
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If you read what I said then you can read 创 most of the members创 you high lighted it in red!
If you take a closer look at the thread you will find allot of contradicting information high lighted by mfbreakout and if you have a question you never get a clear answer from him.
But if you like it just keep on following. I just cannot understand why someone is keeping a 创journal创 and only is posting winners! Is it not supposed to be that you can learn from your mistakes or maybe he is doing it with a second intention for the future like others have done before, just come here and make a good impression and then beginning for themselves, selling courses or doing trade calling stuff.
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1. Seems to me that the true problem is misrepresentation of trades of any type SIM or CASH.
2. Totally agree that SIM is not the same as CASH trading.
3. Wish there were more options on this poll for other actions to be taken.
4. As some have pointed out where to draw the line is not an easy task, and we also would not want to see another law suit like "AMP FUTURES vs BIG MIKE TRADING" from our drawing the line.
Thanks for letting me chime in.
This truly is a great place and I wish that I found it right when I first decided to move from being an investor to being a trader. This site could have saved me thousands of dollars as there are many people that truly do have the answers. The interesting thing is that they are rarely the ones claiming to have them. ;-)
Experienced traders know the fake traders, whether they are on sim or live.
The problem is they often steer novice traders in the wrong direction as they
look up to them as being some sort of guru. They paint things too good to be true,
and that's what people gravitate towards for some ingrained reason.
Strategy ≥ Money
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