5 grander

Originally posted by Christophfff ↑

Hahaha of all people to complain about the 5 grander becoming overrun by daytraders . You were one of the first people to be posting regular intra-day trades... Many large buys of IAM, RMX, etc. at the low of the day and sells at the high. The originals; forrestfield, valen, minoil, etc. were generally significantly longer time frames. Immediate updating didn't matter as much because the stocks they were trading rarely had strong moves on the day they were buying but forrestfield would still generally update when any changes were made. Your posts, among a few others, prompted the discussion about whether everyone should be forced to update as the trades happen. No one wanted to be super strict with it so it was left up to the individual.

Some of us, for transparency reasons, decided to update the trades as they happened but now you are "fed up" with these posts? I had a good belly laugh at that one, the sole reason this thread was created was because the regular 5 grander updates were clogging the STT thread. Now you're complaining that the thread for updating 5 granders is getting too clogged with updates of 5 granders? Haha, you certainly have a problem with updating trades as they happen, curious. Who likes dot points? I do! Here's some:

- You have claimed returns that would put you among the best traders in the world.
- Your STT Comp results, where you can't trade retrospectively, are not indicative of the level of skill you've displayed here.
- You "started" the 5 grander with an entire month of retrospective trades and claimed an excellent return.
- You have been by far the most vocal about not having to update changes to the 5 grander as they happen.
- You seem extremely defensive about being able to post the trades retrospectively and have probably actually spent more time arguing that point than it would have taken to just update regularly. You've claimed this is due to time restraints, that you don't have time to post during market hours, yet, I just clicked on your name and counted 23 posts during market hours today. That's not an outlier either, you generally post frequently and at length.

Anyway, I've been updating trades as they happen and am responsible for many of the posts you're referring to in recent days but if that's annoying to people I'm more than happy to stop posting in this thread.

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Pretty sure I've not posted intra-day updates, but I'm happy to post every single contract of buy and sell of my 5 grander if it makes you feel better, it's not a claim, it is real, but the only person that benefits is me which is the whole point of the 5 grander, don't care if you believe me or not. Also the STTCOMP a lot of the stocks I make good money on in the 5 grander don't make the 25% in those trades but make 10%-20% which is more than enough to make good profits and compound it over time which I've done.

Key reason for EOD is also keeping any potential advantage to myself, end of the day we are here to make money and I can lose money or lose entries/exits if I start posting right after each trade, fyi there are many silent readers here that would potentially take advantage, especially when a portfolio starts getting to larger numbers or hijacking my trades.

I also have work, both trading and other work, yes posting on threads is time i prefer to use not add extra time posting to the 5 grander each trade I make, when I'd also might make more trades again later, it wastes my time and wastes others time reading constant little quick posts that offers no value. Time is money, if I'm not posting on a thread which is part of my research and helps reinforce my knowledge of a stock both FA or TA then I'm trading or doing other no market work, not going to waste time posting each trade here for the sake of appeasing a few others that it's real.

This isn't a trading competition, it's an individual educational exercise that has been very beneficial to me personally becoming a better trader. Updating trades as they go offers nothing, it's just noise. You bought at 11am, awesome, good for you, who cares? If this was a comp then sure, but it's not.

As others have pointed out it's not the trades that matter rather the benefit to the thread is the reasons, entry prices, exit prices, previous value, has it gained/lost since last update, sectors of stocks being bought.

I couldn't care if you made X profit on a trade or lost, I also don't care if you post EOD, if you're lying then you're just lying to yourself and not gaining anything from it, least of all making actual money.

Believe my posts, don't believe my posts I really don't care, end of the day it's me making money for myself, that's what we're all here for.