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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?

  #191 (permalink)
 
tderrick's Avatar
 tderrick 
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I am calling for an end to this poll / thread.

It has done nothing but stir up resentment, envy and suspicion.

Call out these culprits who are guilty until proven innocent by name and let them prove themselves.

This slinking in the shadows tossing about innuendos is absolute, cowardly bullshit.

The original spirit of futures.io (formerly BMT) is in serious jeopardy here.


AJ
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  #192 (permalink)
 
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 Daytrader999 
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...I want to throw another topic in the ring as I'd like to know how TST Combine trades should be rated...

Should we consider them as "Cash" since they should be treated exactly like having real money on the line in order to get a funded (real money) account, or should we consider them as "Sim only" trades because many people might think that there's no psycological issue involved (which I can strongly deny for myself).

"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
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  #193 (permalink)
 jsengxx2 
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Big Mike View Post
This won't address the problem. Most people here use NinjaTrader, it's easy to use Market Replay and mock up any chart the way you want it.

Mike

I think market replay is only available the next trading day and if you use market replay you will see this behavior because of trades despairing for example someone posts on one trading day x trades and the next day he posts again x trades but if you look back (if you can look back) on the previous trading day you expect that there will be the trades from the previous day and in market replay you will not see this.
I think if someone is doing this he will get caught some day.

We just have too have some rules for the journal section and yes there will be always someone that tries too break them, that is just normal behavior in our world. for example If you drive in your care you have to respect the speed limit but having a speed limit does not mean you cannot go faster then the speed limit indeed if you exceed the speed limit you will get a bill for it.

So we live in a world with rules and we need them here on futures.io (formerly BMT) too and if some one breaks them:
First ´´bill´´= close thread
Second ´´bill´´= This in case the same member is caught doing something intentionally twice then yes BAN him.

  #194 (permalink)
 jsengxx2 
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Daytrader999 View Post
...I want to throw another topic in the ring as I'd like to know how TST Combine trades should be rated...

Should we consider them as "Cash" since they should be treated exactly like having real money on the line in order to get a funded (real money) account, or should we consider them as "Sim only" trades because many people might think that there's no psycological issue involved (which I can strongly deny for myself).

I think the TST Combine is one very good example how a journal has too be, it shows all trades.

  #195 (permalink)
 
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 Daytrader999 
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jsengxx2 View Post
I think the TST Combine is one very good example how a journal has too be, it shows all trades.

Yep, I'd agree on that...and I'll start posting my first trade (which 'unfortunately' happened to be a loser) in my journal which I took today on Day 1 in my new Combine...

...But since I'm not done for today yet, there's still room for improvement...

However, losing trades / losing days are of course part of ANY journal as they are part of trading as well.

"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
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  #196 (permalink)
 
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 Big Mike 
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jsengxx2 View Post
I think market replay is only available the next trading day

Not correct, at least not the last time I used NT a while back.

I know you want more rules, and I've given you my best answer as to why that won't work.

I am against adding more and more rules.

Mike

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  #197 (permalink)
 
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 Sazon 
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Big Mike View Post
Not correct, at least not the last time I used NT a while back.

I know you want more rules, and I've given you my best answer as to why that won't work.

I am against adding more and more rules.

Mike

not to mention there's nothing stopping someone from trading off of 10 minute delayed data with executions turned on and then posting their trades with the benefit of 10-minute foresight

  #198 (permalink)
 
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 bobwest 
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Sazon View Post
not to mention there's nothing stopping someone from trading off of 10 minute delayed data with executions turned on and then posting their trades with the benefit of 10-minute foresight

The lesson is that anything can be faked, as @Big Mike has said, and nothing can truly be verified.

So the problem, which is definitely the integrity of the forum, is up to the attitudes and the culture of the members. A culture of honesty and sharing real information is one of the best things about this forum, and cannot be lost without harming everyone.

Unfortunately, I have no more practical ideas than that, but I think this thread may be helping; it's at least raising the issue and getting it discussed.

Bob.

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-- Cervantes, Don Quixote
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  #199 (permalink)
 
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 bobwest 
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Daytrader999 View Post
...I want to throw another topic in the ring as I'd like to know how TST Combine trades should be rated...

Should we consider them as "Cash" since they should be treated exactly like having real money on the line in order to get a funded (real money) account, or should we consider them as "Sim only" trades because many people might think that there's no psycological issue involved (which I can strongly deny for myself).

I think they are sim, because you are not actually buying or selling anything, but they are a severe and exacting kind of sim, very close to live trading in their psychological aspects.

Label them as "Combine" or even "Combine sim", and those who know will understand.

Bob.

When one door closes, another opens.
-- Cervantes, Don Quixote
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  #200 (permalink)
 supermht 
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it depends on the purpose of showing the trade, if it is for discussion of method only, sim should be ok, but if it is for showing off he is always 100% right(such as mfb***), that would be bad.


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