POLL: What is a live call to YOU?

Reply with your answer. Let's count up the votes, which one(s) is a live call to you:

1) "l 10233, sl 15" "out +20"
2) "im long"
3) (5 minutes after a move happened) "scalps taken from res. nailed it."

???

I appreciate some people never explicitly said they are making their threads to place live calls and are under no obligation, but some people pretend to be making live calls.

Hi I'm Troy Mclure, you might remember me from this thread that I made for transparency, that I haven't updated for months now since starting up my new business enterprise. That thread was about as open as live calls could ever be and yes, I showed my losses (I was a noob trader, still am).

I've recently come back to this forum and dipped back in to a bit of trading the past 2 weeks but I see there is still a lot of smoke and mirrors on T2W.

What I don't understand is why waste your own time let alone everybody elses? If you're not making live calls properly, shouldn't you just be focusing on your chart, surely egos aren't so big as to be trying to convince random strangers on a webforum that you have been nailing trades...surely??

If a thread combined my transparency with some people's claimed talents, we'd have a winner on here. I'm not suggesting people have live screenplays, that's not necessary to do, even I found it distracting. A simple "l 10244, sl 15" within 30 seconds of the trade, then your out result within 30 seconds of getting out, is plenty. But to be beneficial, a retrospective reason as to why a trade was taken would be good. Projection charts are good as well and some people do that, but their live calls make me do this:



Has nobody stepped up to being truly transparent?

None of the above, particularly as a 30-second delay is not "real-time". It is by definition delayed. (I assume that by "live" you mean "real time")

But a more pertinent question might be "who cares?" Whether someone is a rock or a charlatan, making millions or losing them, is entirely irrelevant to one's own success. Anyone who "follows" someone who makes "real-time, live calls" online deserves to lose exactly however much he's going to lose.

The only live, real-time call that matters is one that can be seen, i.e., whoever is interested can see the trader's screen, can see him enter the trade, can see him exit the trade. Otherwise, it's just smoke and mirrors. People have known for twenty years how to fake "real-time calls" on message boards, and only the new are impressed.

By all means take pride in your accomplishments. They may in themselves have to be sufficient.

Db

dbphoenix said:

Anyone who "follows" someone who makes "real-time, live calls" online deserves to lose exactly however much he's going to lose.
Db

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To be clear, I wouldn't advocate anyone "copies" live calls (and certainly not mine ), that's the fastest way to NOT learn the proper way, but assuming a community forum is a place where we should all learn from each other, then sharing what everyone is doing, with proof goes a long way to trust and credibility.

But I disagree about posting within 30 seconds, that's easily fast enough to be live, and plenty of time to type, you really only need 10 secs.

Again, what's the point? No one "learns" anything unless the reasons for the trade were made in advance. And if no proof is provided that the trade was ever taken, even less is learned.

And, no, any delay is not "live". If one wants live, he has to enable interested parties to see his screen. Live.

Sorry.

Db

dbphoenix said:

Again, what's the point? No one "learns" anything unless the reasons for the trade were made in advance. And if no proof is provided that the trade was ever taken, even less is learned.

Click to expand...

Not so, because you have your own chart open, and can see what happened when a call was made (eg breakout).

dbphoenix said:

And if no proof is provided that the trade was ever taken, even less is learned.

Click to expand...

Why would you need proof of the trade being taken, if they made the call on the thread? They've already put their neck out. I've done screen calls and I've done typed calls, my call was made in either instance.

dbphoenix said:

And, no, any delay is not "live". If one wants live, he has to enable interested parties to see his screen. Live.

Click to expand...

What happens to a chart in 10-30 secs, apart from a few points movement? It's live enough.

Hi MA

http://www.trade2win.com/boards/tra...aster-class-fx-intraday-trading-f-co-500.html

Posts 4996 to 5010 - on the GA Thursday and then Friday

Comments on call and direction

Chart showing why etc

Chart then a few hrs later - and then another one next day etc

In between also a scalp shown on chart before the move and 15 mins later.

The only thing I reckon needed is broker entry with time and price and then proof of exit with broker entry time and price along with a confirmation its on a live account and not photo shopped etc etc.

I personally will never show my own life account statements - they are private and confidential and also show other info regarding any deals on commission and spreads etc etc.

Because of that - nobody will ever believe my consistency etc - except maybe one other trader - who has been able to replicate it and shown statements on his own small live account as his proof. But that's of no real concern anyway

Its important for a trade to be a live call - that's its in advance to entry and the move and explained why you took it - ie it was not on the toss of a coin.

I agree with Db - sometimes a post can take more than 30 seconds to appear and any live short term trader will want to place his order before typing it and it being read.

Sometimes - I can enter a scalp - then type it within 15 sec and then post it and 1 minute later when other members see it - it can already be moved 3 or even 5 pips - so nobody can really trade calls like that.

I think it more important that the trader explains his method and why he might take the trade and if he can post a chart before the action - and then one after - even better

So many traders don't like make live calls with accuracy in case they are wrong

The fact is - nobody short term intraday trading is going to be 100% correct every day and every week - I don't like it when I have more than 3 consecutive losses in 1 hr - but they do happen - and you have to accept it and also be grateful for the 10 or 20 consecutive winners -

Hope you still trading - and all the best

Regards

F

myattitude said:

What happens to a chart in 10-30 secs, apart from a few points movement? It's live enough.

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Agree unless its a scalp or the market is moving very fast otherwise it doesnt make a diffrence .

myattitude said:

Not so, because you have your own chart open, and can see what happened when a call was made (eg breakout).

But there's no evidence that the trade was taken.

Why would you need proof of the trade being taken, if they made the call on the thread? They've already put their neck out. I've done screen calls and I've done typed calls, my call was made in either instance.

Making a call and taking the trade are two different things. Then there's the management, which is considerably more important than just "taking the trade".

What happens to a chart in 10-30 secs, apart from a few points movement? It's live enough.

Click to expand...

Sorry, no. Though there's certainly nothing stopping you if you enjoy that kind of thing. However, those who don't enjoy it or who see no point in taking the time to post trades shouldn't be criticized for their point of view.

"Trading" is not just daytrading, much less scalping. The belief that it is helps to account for all those who think they have to daytrade even though they are not in a position to do so responsibly, e.g., they have jobs.

If you want to make calls, make them. But, again, there's no point to it as it proves nothing.

Db

Hi Myattitude.

I do live calls – post my trades as soon as I take them http://www.trade2win.com/boards/discretionary-trading/209020-live-trades.html.
Also I include stops most of the time with occasional comments and analysis afterwards. Sometimes I lose, sometimes I win...

I do it so I can analyse my trades afterwards (have record of entry, time, exit, thinking etc.), communicate and exchange opinions with other members etc. It's more interesting for me than trading on my own. Of course I don't do it all the time, only when it doesn't interfere with my trading performance.


Regarding your question -1) and 2)* are live calls. 3) is hindsight trading

BTW I couldn't vote for both of them

*if posted immediately after entry

dbphoenix said:

Sorry, no. Though there's certainly nothing stopping you if you enjoy that kind of thing. However, those who don't enjoy it or who see no point in taking the time to post trades shouldn't be criticized for their point of view.

"Trading" is not just daytrading, much less scalping. The belief that it is helps to account for all those who think they have to daytrade even though they are not in a position to do so responsibly, e.g., they have jobs.

If you want to make calls, make them. But, again, there's no point to it as it proves nothing.

Db

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I think you've misunderstood the purpose of the thread opener and poll. It was not to tell members to make live calls, or criticise members who aren't interested in doing live calls, it's to those who are pretending to be making live calls but are being very dubious and smokey in those calls.

myattitude said:

I think you've misunderstood the purpose of the thread opener and poll. It was not to tell members to make live calls, or criticise members who aren't interested in doing live calls, it's to those who are pretending to be making live calls but are being very dubious and smokey in those calls.

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And going full circle, each choice you provide is pretense, so does it really matter which one is made? One can give the impression of being real, but impression is all it is.

This is, after all, chat. Those who like to pretend to make live calls should go ahead and make them. Life's short. Take your fun where you find it. But if the objective is to learn something, ask the individual making the calls to provide his trading plan. That way those who are following the guy can determine whether or not the calls he's making are consistent with his trading plan.

I might even buy tickets to that.

Db

dbphoenix said:

ask the individual making the calls to provide his trading plan. That way those who are following the guy can determine whether or not the calls he's making are consistent with his trading plan.

I might even buy tickets to that.

Db

Click to expand...

Ha, well options 2 and 3 are actual quotes from members of this forum making live calls. It might be harsh to name them here but some people can probably work out who they are

Option 1 is a live call.

myattitude said:

Reply with your answer. Let's count up the votes, which one(s) is a live call to you:

1) "l 10233, sl 15" "out +20"
2) "im long"
3) (5 minutes after a move happened) "scalps taken from res. nailed it."

???

I appreciate some people never explicitly said they are making their threads to place live calls and are under no obligation, but some people pretend to be making live calls.

Hi I'm Troy Mclure, you might remember me from this thread that I made for transparency, that I haven't updated for months now since starting up my new business enterprise. That thread was about as open as live calls could ever be and yes, I showed my losses (I was a noob trader, still am).

I've recently come back to this forum and dipped back in to a bit of trading the past 2 weeks but I see there is still a lot of smoke and mirrors on T2W.

What I don't understand is why waste your own time let alone everybody elses? If you're not making live calls properly, shouldn't you just be focusing on your chart, surely egos aren't so big as to be trying to convince random strangers on a webforum that you have been nailing trades...surely??

If a thread combined my transparency with some people's claimed talents, we'd have a winner on here. I'm not suggesting people have live screenplays, that's not necessary to do, even I found it distracting. A simple "l 10244, sl 15" within 30 seconds of the trade, then your out result within 30 seconds of getting out, is plenty. But to be beneficial, a retrospective reason as to why a trade was taken would be good. Projection charts are good as well and some people do that, but their live calls make me do this:

Has nobody stepped up to being truly transparent?

Click to expand...

pm sent

myattitude said:

Ha, well options 2 and 3 are actual quotes from members of this forum making live calls. It might be harsh to name them here but some people can probably work out who they are

Click to expand...

A particular favorite of mine is "here's a trade I took this morning" . . .

Db

live call: short NU @ 0.6781, SL 0.6810

Fugazsy said:

live call: short NU @ 0.6781, SL 0.6810

Click to expand...

a chart.

dbphoenix said:

Again, what's the point? No one "learns" anything unless the reasons for the trade were made in advance. And if no proof is provided that the trade was ever taken, even less is learned.

And, no, any delay is not "live". If one wants live, he has to enable interested parties to see his screen. Live.

Sorry.

Db

Click to expand...

Chill out, dude. This is only an internet board, not a professional video cast. A forum or board such as this is ok for a 30 decond delay in "live calls" (except fast scalping). If you are skeptic enough then you can check the instrument being traded and verify yourself if the call is reasonable enough . Nothing needs to be learned or copied. The OP doesn't mention anything about learning.

Peter

Here is an old live calls thread with some explanation of trades and charts.

http://www.trade2win.com/boards/discretionary-trading/139984-live-trading-general-chat-lounge.html


Peter

Fugazsy said:

live call: short NU @ 0.6781, SL 0.6810

Click to expand...

You must stop embarrassing people