I'm not particularly fond of it. I rarely look at it. It could disappear and I wouldn't miss it.
I'm talking about "The Tracker".
I think it draws some folks in. A hook. Something not found anywhere else. It sets this site apart from all the others.
There is more than one reason one may want to be tracked. It could be an opportunity to compare how ones personal trading system compares to others. Perhaps it's an opportunity to see how well one has learned market timing principles. Maybe it's just the competition it tends to generate that attracts some folks.
Whatever the reason there is one thing for sure; it puts on public display how well (or not so well) one's market timing moves have done over time. That can be either very rewarding, quite humiliating, or somewhere in between.
I've been there and done that. Like a moth to a flame.
I had highs and I had lows.
I hated the lows.
I learned that being on the tracker was more of a detriment than a help. I joined it for the wrong reason. If you think the market brings out your emotions on a bad move anyway, you can bet the tracker will amplify that emotion even more when it's out there on public display in all its naked glory. :laugh:
My biggest fear of the tracker is that it can be an emotional liability to ones decision making
process. Especially if one is not following a solid system. And emotion is the enemy of all traders.
But sometimes it makes sense to be on the tracker.
If one is interested in following a premium service, it's almost a necessity that one also sees how it has performed in the past. This makes sense.
As many of you know, I recently decided to start using the Seven Sentinels as my only means of trading. This means that I am now following a system and making my IFTs as the system dictates. It takes much of the emotion out of the equation. Since I introduced this system to the MB I think it's only fair I put it on the tracker to allow everyone an opportunity to see how it performs. I figure a two year period should suffice.
This is the reason I'm doing the poll in my account thread. I wanted to see how much interest there was. Not surprisingly, more than 90% of the votes want me to go on the tracker. I suspected as much. :cheesy: I have the poll going for one week, but the count is so lopsided now it can probably be considered a landslide.
Okay. This time it makes sense.
I'm talking about "The Tracker".
I think it draws some folks in. A hook. Something not found anywhere else. It sets this site apart from all the others.
There is more than one reason one may want to be tracked. It could be an opportunity to compare how ones personal trading system compares to others. Perhaps it's an opportunity to see how well one has learned market timing principles. Maybe it's just the competition it tends to generate that attracts some folks.
Whatever the reason there is one thing for sure; it puts on public display how well (or not so well) one's market timing moves have done over time. That can be either very rewarding, quite humiliating, or somewhere in between.
I've been there and done that. Like a moth to a flame.
I had highs and I had lows.I hated the lows.
I learned that being on the tracker was more of a detriment than a help. I joined it for the wrong reason. If you think the market brings out your emotions on a bad move anyway, you can bet the tracker will amplify that emotion even more when it's out there on public display in all its naked glory. :laugh:
My biggest fear of the tracker is that it can be an emotional liability to ones decision making
process. Especially if one is not following a solid system. And emotion is the enemy of all traders.
But sometimes it makes sense to be on the tracker.
If one is interested in following a premium service, it's almost a necessity that one also sees how it has performed in the past. This makes sense.
As many of you know, I recently decided to start using the Seven Sentinels as my only means of trading. This means that I am now following a system and making my IFTs as the system dictates. It takes much of the emotion out of the equation. Since I introduced this system to the MB I think it's only fair I put it on the tracker to allow everyone an opportunity to see how it performs. I figure a two year period should suffice.
This is the reason I'm doing the poll in my account thread. I wanted to see how much interest there was. Not surprisingly, more than 90% of the votes want me to go on the tracker. I suspected as much. :cheesy: I have the poll going for one week, but the count is so lopsided now it can probably be considered a landslide.
Okay. This time it makes sense.
