I´am starting this thread because I feel the need to warn people for the following member MFBREAKOUT.
This member is ´´journaling´´ his trades here on futures.io (formerly BMT) now for a while, first he did it in the elite section and no he is doing it on the free section making me a little suspicious about what he wants from this, I think just free publicity for the near future.
His so called journal is full of edited posts and he acts like he is GOD. I have seen posts from him saying I´am short and all of a suden market goes up and he edited the post by saying added to long position. Every move in the market he is in too the tick. He posts screen shots from positions that he has but remember every position that is open is unrealized money.
If you ask him about an account performance he screams at you: YOU HAVE NOTHING TO DO WITH MY ACCOUNT, but why is he posting screen shots of open positions then?
All those youtube videos? what do they have to do with trading?
Now he is talking about 150 tick stop loses and then I saw some members trying to do the same, trading with 150 tick stop loses, in my opinion the same thing as trading without a stop loss if your average trade is about 30-40 ticks. So I felled the need to ask him about it and warn the members that are reading his thread. https://futures.io/trading-journals/32311-common-sense-52.html
Outcome of this: just put jsengxx on the starters ignore list and then continue saying nonsense about me without me giving a change to react, so MFBREAKOUT is synonym to COWARD.
Be aware of this member!
The following 2 users say Thank You to jsengxx2 for this post:
I'm not taking a side on the authenticity of any specific member's posts but I will say that in my opinion your efffort would be better used building up rather than tearing down. It might be beneficial from time to time to ask specific questions concerning areas where you see a potential problem....most of the time the response or lack there of sheds all the needed light on the issue. A thread for the specific purpose of taking down another member is a non-starter and not really your responsibility. @Big Mike adjudicates things pretty well. This road will likely lead to you undermining yourself and losing privliges here...please reconsider.
From the reactions I have in my In Box messages, I´am not the only one having concerns about this subject.
I think all this behavior is giving this website a bad reputation, and that is in my opinion very bad because there are indeed very good members around here.
Banning people just because they want a better website is wrong.
The following user says Thank You to jsengxx2 for this post:
not your perview and not an acceptable method. I can see that you are always right, know everything and need the last word all traits that will hurt your trading and your beneficial longevity in public discourse. Do what you want man, and best of luck to you.
I agree with the OP. We have several threads here that are comical, yet potentially misleading to new traders. Anyone who is following a thread to find potential trades is on the wrong path. If you're following a thread to learn a methodology or gain some insight into the market you trade, that is more reasonable. You will find that these misguided threads either offer no methodology OR provide dozens of methods - one of which is sure to work in a given situation. In general, they are a waste of bandwidth other than to stroke the posters ego. Due to the nature of such threads, I seriously doubt that @Big Mike reads them.
The following 3 users say Thank You to timefreedom for this post: