MrGecko said:Hi folks,
I am interested in setting up a private member thread called "Just Charts No Chat".
Why?
IMO, too often is a potentially good thread knocked off track by irreverent comments or users talking across one another. Moreover, in many instances these posts are by users who have plenty to say about Strictly Come Dancing, but little to add in the way of trading persectives.
I would like to set up a thread that anyone can read, but members only can post. I had imagined the guidelines of the thread to be something like:
* Only post if you are attaching a chart and your interpretation of it through annotations. This doesn't rule any members out, we all have a PC, free charts are available everywhere, and we can each use "Print Screen" and paint. It does, however, discourage "im eating beans on toast for my tea" or "stops are for losers" type comments. The crux of it is "Just Charts, No Chat".
* All approaches welcome: Technical Indicators, Candlestick, Point and Figure, Market Profile, whatever. The only condition is that you post charts and explain, and that's all.
* I will not encourage live trading calls to be made. I will encourage honest appraisals of a chart and it's interpretation - i.e. arrive at a view with the evidence available - if the evidence changes, then review your position. I do not want posters to be wary of posting their view on an instrument for fear of being wrong (hence no live trade calls, just "say what you see").
* Membership will be granted to all who accept these conditions - recall all can view the thread, but only members can post.
Might sound a bit heavy handed, but I really would like to see a thread full of posts that actually show something, rather than the clichés that get spouted by one and all and taken as good quality posting. I would like the ethos to be something like "post charts or p*ss off" - doesn't matter whether you are right or wrong, but only post if you have something to show, be it a MA crossover / Divergence / Candlestick pattern / whatever. Again I emphasise that I don't want the thread to be about making trading calls or speculations (this, I fear, will put people off), rather than about explaining your view and the evidence for it. Exclusively that.
Attached I enclose two examples of what I have in mind - both are of the Bund, my Intperpretation of the evidence, and what position I arrive at. Attempts have been made for similar threads in the regular forum, but all too easily are these smothered by witty banter or coffee table conversation.
Not sure how or where I go about this, would appreciate your guidance.
Kind Regards
MrG
This is a copy of a message I sent to the Mods earlier this evening. Turns out, a Social Group is the way to go about it...
... JCNC is a thread for posting a chart, and your interpretation of it. Thats ALL. No live trading calls are necessary, no chit chat, don't post just because you've got something funny to say. Just post charts and "say what you see". Don't worry about being bullish when it falls out of the sky, don't be afraid or embarrased about being the black sheep in the forum, just post your interpretation of the evidence. If the evidence changes, and you want to switch from Bull to Bear, great - no-one is going to give you grief for changing your mind. As traders, it is important we continue to review our interpretation of what we see in front of us. This is what JCNC is about.
The basic idea is:
Post a chart and say what you see
or
Don't Post.
Simple.
Everyone can read it, but you have to be a member to post. To become a member, all you have to do is ask - doesn't matter if it's your 4th post or 4,000th post; the only requirement is that you will post Charts and Explain - technical indicators, Gann cycles, Candlestick, Point and figure, whatever... as long as you post charts and interpret, thats hunky dory. If you want to talk about Nonfarms, there are plenty of other places to do it.
Thanks to Wasp and Lighting McQueen for helping me out. I have sent out half a dozen invites to all I can find who have posted what I mean recently (so that explains it if you've got one waiting), and will continue to do so. I need 5 members before I can start a JCNC thread - which will, suprisingly, be for posting annotated charts. If you accept a membership, please help get the ball rolling by posting a chart when you see something noteworthy. It isn't going to be "cliqey" or exclusive - as I said, the only requirement is that you step up to the plate and take a swing.
Thats it, thanks for listenting.
http://www.trade2win.com/boards/group.php?groupid=14
Much Love
MrG
NB: I created it as a Social Group to make it easier to moderate; this way, anyone who just posts drivel can be removed from the group - and therefore can't post any more. A private group would only be "read-able" by members, which strikes me as a waste. Thats it, nothing sinister.