This is exactly the type of journal i was talking about when i made that thread...
He isn't trying to teach anyone anything because he is a noob himself who is new; If he is trying to help other trades it only shows his ignorance at his current lack of ability and skill and a lack of self-acceptance because clearly... Your new.
Nor are you trying to get advice from those who are experienced, you've been given advice by members such as Pedro who is knowledgable and Gamma - Who also knows lots
Therefore your primary motive isn't to imrpove yourself ...
But what does this leave?
- Feeding your disillusion of your current skill level through tricking yourself that your teaching others/ helping others to develop their trading
- Trying to show everyone that you can trade in an egotistical manner
- Recording your trades to show-off
The only other conclusion could be that your using it as a place to record your trades so that afterwards you can analyse them; however you wouldn't need to do that online therefore it must be something else...
Overall, such a journal will only be unbeneficial for someone such as yourself and a further vertification of your lack of psychological progress in regards to trading.
x No offence btw; I'm actually trying to help you and i'm someone who knows things from real experience; not from reading the experience of others and then getting confused between my own perceptions gained from my experience and the perceptions and beliefs of others.
The overall conclusion i can draw from this and the fact that you are trying to find 'free' ways of trading live would suggest to me that you have a total fear of losing - Caused by your earlier failures of £250, another reason for your fear of losses is that they are a bitter reminder of the reality of your skill level... Therefore you feel annoyed when you lose because your disillusioned expectations of your ability were not confirmed by the market.... When you start searching for ways to trade without risking money, it highlights some big problems -Undercapitalisation
- Fear of failure
- A want to feel the rush of gambling.
This is further validified by your 'it ain't my money so i don't care' attitude - Which suggests that you are trading for the thrill; however with your money the thrill is override by your fear of losing and in using someone elses money it allows you to gamble your money without any guilt if you lose it
Damn, i'm good!