Isn't this the whole point of being on futures.io (formerly BMT)? Porter's not making it any easier.
Other threads, much more helpful than this has proven to be so far, have been taken down in flames. This has been going on for months without a iota of skepticism raised.
The following 3 users say Thank You to lasecondababele for this post:
Speaking frankly the point of futures.io (formerly BMT) first is your own way to live. Journaling is the same story. Porter doesnt have to prove anything to anyone. He is not a vendor, he likes to trade, and that is it. He is not responsible to help anyone.
I'm new on this Forum. I would like to participate just to congratulate Porter for his Journal.
His system, whatever it was, is really the Holy Grail. Or better said, I bet most of us are trading with the goal to get such a performance. Glad to see some achieve it. Just keep it up!
The following user says Thank You to Enric66 for this post:
That's your opinion and I respect it.
The fact is that on futures.io (formerly BMT) plenty of people come to add value, and not much is to be found here. If nobody brought anything to the table, this place would quickly die. And there's so much effort on the part of moderators to avoid content dilution (from consolidating threads to weeding out bullshit), that a popular thread like this, that adds so little, seems out of place on futures.io (formerly BMT).
Porter is free to do whatever he pleases.
But when you do it publicly you implicitly become open to criticism.
The following user says Thank You to lasecondababele for this post:
I find a significant amount of value in this journal. Porter hasn't provided a simple, mechanical trading strategy. Rather, he has forced readers to analyze his charts and learn for themselves what he does - which I believe I have to a certain extent. I've learned more from this journal than any other on this site primarily because it has forced me to think, research, and develop a self-generated strategy.
You are free to state your opinion, but please realize that your posts add little value to this discussion. There is absolutely no implicit requirement for journals to state their trading strategy - doing so is completely discretionary.
The following user says Thank You to vdersar1 for this post:
You've learned that you need to find your own edge from 20 pages of this (and not from the Ask me anything thread?) And that's more valuable than the wealth of knowledge on the spoo thread? The homework thread on ES? The volume profile thread?
I understand we all learn in different ways, but I find your claim hard to believe.
What I'm trying to do is to coax some explanation out of Porter, for my benefit and that of whomever else fails to glean insight from mute entry-exits on a chart. Opstar's got a solid hypothesis, it'd be nice to have it confirmed by OP.
There is no requirement obviously, but if you don't ask you don't get. Again, many a thread has been shot down because of lack of substantiation, it'd be a pity not to share more our of Porter's strategy seeing the brilliant results it has.
I don't see how it's possible to disagree with the notion that the sharing of information, especially on a platform created especially for the purpose, is the right thing to do.
Well, simply stated, this thread has helped me tremendously - believe it, or don't - it's beside the point.
The question of whether sharing information is the right thing or not was not being discussed - not sure how you arrived at that. While forums are designed to facilitate discussion, again, there is absolutely no requirement a person share their strategy, especially if it's successful. This is where the conflict lies: A trader with a successful strategy would likely be reluctant to share (understandable), while others skeptical of the trader's success wish to see the strategy to assess its validity (understandable).
A note to the mods: Please do not lock this thread - there is much value offered here. And a note to Porter - please keep posting.