aliassmith wrote:To preface the following I would first like to say that I love to help people
learn to trade and share my observation
The thing is I was reminded recently about a time in my life when I was
trading and making about 100% a month.
A nice man that I met online introduced me to a trading method and
broker which changed my view of trading possibilities and life.
He and I would chat on Skype and discuss up coming trade possibilities
and take them together. Then there was another person in the Skype
room with us doing the same thing. Then another person had joined us.
My mentor was a very generous man. In fact he was so generous, dispite
my warning, he told a lot of people.
Now I flash forward to MIghtyOne. Why does he share all this info about
trading and why does he tend to leave something out.
I forgot and now remember. If you have a working/profitable trading
method especially on low timeframes, do not share your exact entries,
exit, TP, SL, Trail Stop, etc.
When enough people take the same entries and possibly are at the same
broker liquidity is sucked up and then everyone starts to fight for scraps.
It then comes down to who has the fastest connection to the broker. I
actually rented a server near my broker to get my orders there faster.
The point is I will not jepordize my trading future or anyone elses that I
trade with by giving away my/our specific trading details. So, I think I will
refrain from posting charts with specific entries and exits on the small
timeframes.
Going from making 100% a month to taking a year to learn a whole new
trading style "BLOWS"