So much theory, so little real-time calls!!!

Discussion in 'Psychology' started by OddTrader, May 15, 2008.

  1. Cheese

    Cheese

    If someone wants to make live calls I have no personal objection. If live calls are illustrating a methodology spelt out in advance they might posssibly have some validity. I wouldn't rule out doing it if I had a purpose to do so. So far I don't.

    And as I see it, making live calls on ET is an ego thing and what for? To show off? To have a subset of morons follow and trade your calls? It is better instead to make yourself rich because you have learnt and traded your market using an accurate methodology. Real life success is not going to leave you with the time or desire to make live calls. There is too a problem with live calls in that they may or may not represent your actual trading. On CL your trading action sometimes is so fast that you can be securing the best part of a key movement inside a minute. There isn't time for any live calling.

    There is of course so much breast beating as well as a lot of loud and feeble minded feuding on ET which makes for a high level of noise. I am not for any form of censorship of posts or editing of content at all but against such an anal background you do have to search around for the few useful or interesting contributions to trading discussion.
    :)
     
    #21     May 19, 2008
  2. There are a plethora of LIVE CALLS on ET everyday.

    But I have no idea how these calls put money in a person's trading account or help them to develop and mature as traders.

    Can you tell me? :confused:
     
    #22     May 19, 2008
  3. ElCubano

    ElCubano

    but then again trading knowledge in a post does not translate into a consistent p&l .... :p
     
    #23     May 19, 2008
  4. Live calls separate the players from the bullshitters.

    That's why so few in ET do live calls and even less do it with stop/targets.

    Susana
     
    #24     May 19, 2008
  5. http://elitetrader.com/vb/showthread.php?s=&postid=1926148#post1926148
     
    #25     May 20, 2008
  6. There is absolutely no reason that I can think of for a successful trader to make FREE live calls with the possible exception of teaching a trading method. Most successful traders look at it like "hey, I paid my dues to learn, you pay yours."

    I can't really blame anyone for that attitude.
     
    #26     May 20, 2008
  7. sg20

    sg20

    Trader has to pay a dear price in order to be successful, to make live call is too easy for newbies and I don't think they can learn much from it as actually trading live; just as well, they'd blame on others for their failures in case the signals were wrong.

    sg20
     
    #27     May 20, 2008
  8. Joe,

    I would say that they will insult you even if you make good calls. "And once an insulter, always..."

    Regards Joe (I like the wisdom in your posts)
     
    #28     May 20, 2008
  9. ammo

    ammo

    i've posted in the past and have gotten pm's or directly on the post site that have been informative and helpful,things pointed out that i was not aware of,that saved me money or helped me make more,it also let's you know what kind of trader you are talking to,scalper,hedger,investor, i think real time calls are great
     
    #29     May 20, 2008
  10. Yes that's the excuse I hear all the time.

    Very apt indeed.

    Susana
     
    #30     May 20, 2008