My opinion on this is that if guys want to monitor your track record, they should monitor their own. Doubting you or confirming you will not pay them. When I was prolific here and posting trades my inbox filled up with doubters and distractions. Nobody needs that.
One a personal level, if you want to monitor the account you have to look no further than your statements, which would include a daily record. It has just been my experience that sometimes there are good trade set ups that result in losing trades. When I focus on the "score" I start to modify good trade set ups because the result failed. It is easy to become a "changer" then always tweaking entries...chasing a nirvana that does not exist. Just my opinion.
I think I agree with Dan on this, changing my mind on the spreadsheet question.
I recall reading that @Inletcap no longer publishes the size of his trades or the amounts of P/L, for a similar reason.... Money seems to make some people go nuts, and he got bombarded with BS about it.
So, probably it's better to just let people follow the trades as they happen, and they will get what they get from it.
The following 11 users say Thank You to bobwest for this post:
Going to agree with Bob and Dan. There have been several traders including Big Mike who have posted trades / size etc and it always ended badly. There was one trader in particular, cant remember the name but he was holding a surfboard in his profile pic, who started out with a great amount of enthusiasm posting trades everyday and ended up going down hill fast and eventually got banned. His journal would be worth reading on what not to do. My advice; be cautious in what you share.
nosce te ipsum
Trade what the market is doing; NOT what you think its going to do.
The following 8 users say Thank You to Silver Dragon for this post:
The room is really great! TYVM for what u are doing to make this happen. It's helped a lot to listen you as you trade, it's much easier for me to pick up on how someone thinks about trading or their state of mind while in a trade by listening to them.
As far as a spreadsheet, I think that what u are already doing could possibly impact your trading and wouldn't want you to do any more till you see how this works out. Also, I believe it's always best to stay as far away from results oriented thinking as possible.
The following 8 users say Thank You to New Level for this post:
I believe Alex is obtaining his stated goal for the room- to help others. When I was new I used to stare at my screen 3 inches from it and harp over every tick. I had never been in a trade room before today and noted that the most likely benefit to come from the room is to show developing traders that sense of relaxation as the trade works itself out- a conscious awareness of the environment and the clues made available at the moment but no need to get all excited either way. This is something that is very hard to obtain from reading a thread or a book and I believe noobs will pick up on this trait.
The following 15 users say Thank You to Inletcap for this post:
based on my experience the guys that talk the most frequently about money are the guys that are making the least of it. Corollary to that when you have been around a while you are less enthralled by dollars and more by the victory associated with consistent high performance. Think about it: To someone making x amount per typical week, making x is the expectation and it is not a big deal.
People talk in a way that reflects two things, how they want to be perceived (true or not) and about what bothers them (always true).
I'm only going to type positive stuff at or about guys in the forum. If I have a question about character or content I'll just ask respectfully and move on...I don't need the distraction.
@rocksolid68 has yet to talk nonsense or lead guys astray. There is evidence in what he says that he does know what he is talking about as it relates to his specific approach. His path does seem similar to guys that had no idea and no right to be heard. He says he is posting to share with others, that is noble, and I believe him. His content will change, evolve and improve as he gains more and more experience. IMO he will learn a great deal through the process and continue to get better and better at the craft and at sharing it here. Credit, of course to the guy that puts himself on the line and makes calls in a way that creates accountability. The guy is smart, friendly, respectful and enthusiastic. IMO the community should encourage people. So, good work man. Focus on what makes you happy. If you want to make a spreadsheet because it will help you in specific goal attainment, do it.
The following 15 users say Thank You to wldman for this post:
After reading the recent responses regarding the spreadsheet, I have come to the conclusion that I will keep one but only for myself. If at some point in the future we decide it would be best to put it in the public eye, we will.
Thank you all for the very kind words. I am glad you all seem to like the room! I know I am having a blast!
You all are the best and very supportive, for that I am grateful.