Since this is public: Hello.
So I originally was posting over to the old, by now rather ancient james16 Chart Thread, as that is really the place "I grew up in" you might say.
I then fought with myself over this, given that the original post and URLs are now pretty much obsolete. The URL now redirects to some weirdo app (basically blackhat SEO to get backlinks through domain name redirection, not gonna support that) and the core of the group has basically split up and moved on to do their own things.
Accordingly, I would rather just have something where I can be responsible for myself on my own, as that has been the case for the last several years either way anyhow.
I do miss keeping a "public" (back then: public to the group community) journal, where I can both go over my trades for my own sake, as well as illustrate my viewpoint on the markets to whomever is curious - in a passive sense.
I have always found it incredibly valuable to basically peek into what others are doing and see if there is anything sensible worth picking up or comparing approaches to.
A lot of things are just not for me in terms of viewpoint or approach (you will NEVER find me putting on "indicator goggles" again, ever and I will likely never turn into a 5M scalper either, though I do like the 15M at times), but some very smart people and very good traders have done some exceptional stuff and sometimes you can glean a few bits here and there and even use that to understand what you are yourself already doing better.
The irony of this kind of thing is that you do need a level of understanding and expertise that lets you get whether someone is doing a bunch of BS or something unusable to you in the first place, or whether its something of value. So in a sense, you only get something out of it if you're already in a good place to begin with.
But it can be quite nice for refinement and advancement.
As a side note: In my experience most people severely overestimate their own progress and position in overall development.
So what I am saying in a rather roundabout way:
This journal is for a good portion for myself, but if someone gets something out of it, then good on you. Its what I benefited from before, and so its only cool if someone else sees something of interest themselves as well.
What this isn't is a "this is me explaining to you how to trade and get that moneyyyy" thread. Which is why its in trading journals to begin with.
If you do have some prior experience with price action and s/r and have a really pressing question, I will do my best to answer it, but I currently don't even know if I will manage to allocate enough spare time to keep this guy going regularly, let alone address all kinds of questions.
I may edit this post as I see fit, same as with any and all posts in this journal.
If I realize that I should be doing this in a different kind of way or in another section, it might shift to that.
For now I just want to start this experiment.
Let's go.
So I originally was posting over to the old, by now rather ancient james16 Chart Thread, as that is really the place "I grew up in" you might say.
I then fought with myself over this, given that the original post and URLs are now pretty much obsolete. The URL now redirects to some weirdo app (basically blackhat SEO to get backlinks through domain name redirection, not gonna support that) and the core of the group has basically split up and moved on to do their own things.
Accordingly, I would rather just have something where I can be responsible for myself on my own, as that has been the case for the last several years either way anyhow.
I do miss keeping a "public" (back then: public to the group community) journal, where I can both go over my trades for my own sake, as well as illustrate my viewpoint on the markets to whomever is curious - in a passive sense.
I have always found it incredibly valuable to basically peek into what others are doing and see if there is anything sensible worth picking up or comparing approaches to.
A lot of things are just not for me in terms of viewpoint or approach (you will NEVER find me putting on "indicator goggles" again, ever and I will likely never turn into a 5M scalper either, though I do like the 15M at times), but some very smart people and very good traders have done some exceptional stuff and sometimes you can glean a few bits here and there and even use that to understand what you are yourself already doing better.
The irony of this kind of thing is that you do need a level of understanding and expertise that lets you get whether someone is doing a bunch of BS or something unusable to you in the first place, or whether its something of value. So in a sense, you only get something out of it if you're already in a good place to begin with.
But it can be quite nice for refinement and advancement.
As a side note: In my experience most people severely overestimate their own progress and position in overall development.
So what I am saying in a rather roundabout way:
This journal is for a good portion for myself, but if someone gets something out of it, then good on you. Its what I benefited from before, and so its only cool if someone else sees something of interest themselves as well.
What this isn't is a "this is me explaining to you how to trade and get that moneyyyy" thread. Which is why its in trading journals to begin with.
If you do have some prior experience with price action and s/r and have a really pressing question, I will do my best to answer it, but I currently don't even know if I will manage to allocate enough spare time to keep this guy going regularly, let alone address all kinds of questions.
I may edit this post as I see fit, same as with any and all posts in this journal.
If I realize that I should be doing this in a different kind of way or in another section, it might shift to that.
For now I just want to start this experiment.
Let's go.
Trust price. Know yourself.