Why you should avoid sharing your trades online...

Discussion in 'Chit Chat' started by retaildaytrader, Nov 26, 2010.

  1. This was a funny and amazing video caught by some kids in their room somewhere in Seattle.

    <iframe title="YouTube video player" class="youtube-player" type="text/html" width="480" height="390" src="http://www.youtube.com/embed/rhZCyQ3emQg" frameborder="0"></iframe>

    In just a few days, it has gotten over a million hits and still rising fast. This is a great example of how stuff you publish online can spread very quickly.

    I guess it depends on what you publish and how you publish it, but telling everyone your trades in any online forum invites trouble. Who knows who could be watching or what they might do or the effects it might cause. So its best to be vague and avoid telling anyone your book.

    In the trading world it doesnt take a lot of traders to get a stock moving in one direction and then who knows when they might sell out or maybe the stock will start going the other way and it hits their stop loss orders. Whatever happens you dont know. Just a handful of online traders who have been convinced by your post might really screw the trade up...