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Should sim traders who pretend to trade cash be allowed on BMT?
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Should sim traders who pretend to trade cash be allowed on BMT?

  #71 (permalink)
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Forgive me if this has already been mentioned or already exists, but perhaps there can be a designated location on the site (or a webinar, etc.) for newbies to get solid advice on spotting fakes and identifying various "tricks" pretenders use to gain 'rockstar status'. The same could apply to arming newby defenses against shady vendors.

 
  #72 (permalink)
Market Wizard
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Think


jsengxx2 View Post
After all the posts made in this thread I think we are making progress because some of the posters quit doing it but now new threads are started in the Journal section that are not focused on journaling.

https://futures.io/trading-journals/31363-dctrade69-daily-context-journal.html
Here is a new one, it is not a journal so I think the best place for this is here: https://futures.io/commodities-futures-trading/

I wanted too mention this in the thread but Iam on the starters ignore list. This starters ignore list is like going back 50 years when you could not express yourself, like in Africa APARTHEID.

Bigmike you have too change the option to put people just on an ignore list just because the thread starters do not like your question. This is a forum so if you are not rude then I think no body can put you on an ignore list.



Dear JJ,

obviously you still didn't get that just like you can write whereever one wants to read your comments, others are free to ignore you - we call this democracy. Everyone can tell whatever he or she wants - but fortunately, nobody is forced to read or listen.

In addition, I can't see the "progress" that you name. Up to now, the community only traded in some of the most-read threads for some self-acclaimed witch-hunter with genius reorganizational proposals for others and repeated public whining about who did which harm to his great existence.

Living up to the goal of post #1 of your own sporadic "journal" and correct what you call your "bad behaviors" would be a good start.


Good trades.

 
  #73 (permalink)
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choke35 View Post
In 2012, there was a nice comment by Brian Lund on Traderplanet about "finding out", that a (pretended, widely known) gap trading blogger wasn't trading at all.

Does It Matter If Your Mentor Is Trading?

First reaction: "I was aghast. I was incensed. I was angry and upset."
Second thought: "Oh, and I was able to trade gaps pretty damn good."

So, whose ego is involved when some complain about others trading sim or live? Whose ego is at stake when some concentrate on irrelevant factors for trading like other's notional wealth?

I don't care, if any author trades 1, 100 or 1000 contracts as well as about whether (s)he is only doing some intellectual masturbation. If his/her idea has a point, I try to learn from that.

@choke35
It doesn't matter if your mentor is trading. It matters if your mentor pretends to trade and doesn't.
It seems the question pertaining to this tread went over your head.

Psychology > Strategy ≥ Money
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  #74 (permalink)
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It seems the majority don't mind fake online traders, and honestly, that doesn't surprise me.
Does the majority prefer to dream, rather than achieve real success?

Psychology > Strategy ≥ Money
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  #75 (permalink)
Market Wizard
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:-)


Massive l View Post
@choke35
It doesn't matter if your mentor is trading. It matters if your mentor pretends to trade and doesn't.
It seems the question pertaining to this tread went over your head.


If you understood Lund's article and it didn't go over your head, you see that people disagree.

 
  #76 (permalink)
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choke35 View Post
If you understood Lund's article and it didn't go over your head, you see that people disagree.

Understand that trading is more about psychology than it is a certain method (e.g. gap trading method by Mr. Lund)
So if you became successful at trading gaps, it would be more about what you learned about yourself than it would
be what Mr. Lund shared on his trading method.

If he pretended that he was a live trader and he wasn't, yet at the same time you became successful using his method then you of course would be happy. But again it's more about what you're doing psychologically in your trading than it is about any one method.

Fake traders, regardless if you learned something from them are still fake traders. Nobody I know likes a liar. Others may excuse the liar for lying because they made some money. That's funny...

Psychology > Strategy ≥ Money
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  #77 (permalink)
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Massive l View Post
Understand that trading is more about psychology than it is a certain method (e.g. gap trading method by Mr. Lund)
So if you became successful at trading gaps, it would be more about what you learned about yourself than it would
be what Mr. Lund shared on his trading method.

If he pretended that he was a live trader and he wasn't, yet at the same time you became successful using his method then you of course would be happy. But again it's more about what you're doing psychologically in your trading than it is about any one method.

Fake traders, regardless if you learned something from them are still fake traders. Nobody I know likes a liar. Others may excuse the liar for lying because they made some money. That's funny...



As I see, you neither read the article nor understood that "" declares quotes from it. But I appreciate your opinion.

P.S.: I'm beyond searching gurus, but I agree that fakes can be harmful esp for beginners.

 
  #78 (permalink)
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choke35 View Post
As I see, you neither read the article nor understood that "" declares quotes from it. But I appreciate your opinion.

Your opinion seemed easily understood from your post.
If you have more to add then use the information from this one article in your argument.
Don't just quote an article and tell people to go read it.

If I've misunderstood you, then my apologies but you're not being very clear.
I shouldn't have to go read an article to understand what you are saying.

Psychology > Strategy ≥ Money
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  #79 (permalink)
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@choke35 - my apologies with how I've come off.

I just can't believe people don't mind liars. That's crazy to me...
I don't care if someone made money or learned something about a method or not.

Screw the screenshots where sometimes things are blocked out and other times
they are not. Screw the phonies, screw the egotistical, attention seeking back patters, etc.
It's ridiculous. It's a disease in the online trading communities. There's no way to eradicate it.
People are going to do whatever they are going to do. Don't mind a liar...that's fine. I do.

Psychology > Strategy ≥ Money

Last edited by Massive l; April 14th, 2014 at 07:09 PM.
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  #80 (permalink)
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choke35 View Post
Dear JJ,

obviously you still didn't get that just like you can write whereever one wants to read your comments, others are free to ignore you - we call this democracy. Everyone can tell whatever he or she wants - but fortunately, nobody is forced to read or listen.

In addition, I can't see the "progress" that you name. Up to now, the community only traded in some of the most-read threads for some self-acclaimed witch-hunter with genius reorganizational proposals for others and repeated public whining about who did which harm to his great existence.

Living up to the goal of post #1 of your own sporadic "journal" and correct what you call your "bad behaviors" would be a good start.


Good trades.

Sorry but every one that is going to a forum knows that they are exposing them self's and that there will be reactions too it and if you do not like that then do not post in a forum. If you have a normal question regarding someting that is going on on that thread you expect a normal answer and not a place on the starters ignore list. That is what I call democrazy.

A journal is all about analyzing your trading, entry price, setup, stop loss (below a certain support or above resistance level) , targets (why and how do you get the target), improving of your trading etcc.

Describing a setup is just a small part of trading.

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