Trading Accountability Partner

Sep 26, 2020 at 16:36
798 Views
7 Replies
Member Since Mar 13, 2020   6 posts
Sep 26, 2020 at 16:36 (edited Sep 26, 2020 at 16:37)
Are there any struggling daytraders out there who would like to have a trading partner they could be accountable to everyday?

I would love to find one or two other people who see the psychological benefit of having a partner, for the long run...

Maybe it could lead to meeting in person some day.
Member Since Sep 23, 2020   2 posts
Sep 27, 2020 at 01:02
Sure, I'm down! What trading style do you have, and do you have a live myfxbook.com account documenting your trades?
Member Since Mar 13, 2020   6 posts
Sep 27, 2020 at 17:02
I sent you a PM
Member Since Sep 23, 2020   2 posts
Sep 27, 2020 at 17:05
Imakemoney posted:
I sent you a PM

Sweet, will check it out now
Member Since Jul 19, 2020   298 posts
Sep 28, 2020 at 11:49
I don't think it can be beneficial. Rather it will create more confusion in mind when opinion will differ. Suppose your analysis says market will go up and your partner says it's going to down. And he is right this time. Next time whenever you both differ, you will confused even if your analysis is right.
Member Since Jul 19, 2020   751 posts
Sep 28, 2020 at 12:28
Michihito posted:
I don't think it can be beneficial. Rather it will create more confusion in mind when opinion will differ. Suppose your analysis says market will go up and your partner says it's going to down. And he is right this time. Next time whenever you both differ, you will confused even if your analysis is right.
I agree with you. It can create confusion. It happens many times with me. By watching other people's prediction I got confused and took wrong decision. Even if when you realize your analysis was wrong now I can take a reverse trading but ego not allowing as you want to be right. Basically psychological complications can come.
Member Since Mar 13, 2020   6 posts
Sep 28, 2020 at 14:27
@Michihito

Thanks for your thoughts of the potential downsides. I am not looking to just share strategies and market analysis primarily. That is what most trading rooms seem to do. Looking for a motivated trading friend to be accountable and help each other reach our goals.


Member Since Oct 13, 2020   34 posts
Nov 30, 2020 at 09:42
In order to avoid confusion while trading forex, you should improve your knowledge about the market.
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