Why do people blog their trading?

[It's Snake Pliskin]

Yeh i can think of asx gorilla's blog and Ronin's as well.
They are both mechanical traders.

Mine should be up and running shortly.
Just having some trouble posting images

Where is that blog Nizar?

 

[nizar]

Where is that blog Nizar?

Hi Snake.

Up and running as of about 2 weeks ago.
Before that I was too busy testing.
See my sig for the URL.

As for reasons (this thread title), the main one is that I have many friends who are interested in what i do, so now when they ask questions, I just refer them to the blog.

And while I'm still very much a beginner, I have learnt a great deal from the online trading community (you guys!) especially this forum, so hopefully somebody may learn something from my blog and in this way then I can give a little bit back.

It also provides a place for me to document my trades (well not yet), and also receive comments, criticisms, etc.

And also, I find it a good way of assessing my own understanding of various trading concepts. It is said that a good way of testing your understanding (of anything) is to explain it to somebody who doesn't know anything about it, and make them understand.

Nizar.

 

[chops_a_must]

Have finally updated my blog again. Lol!

Just looking at a few potential trades in eco-stocks, considering they are getting more attention now, it might be worth a look.

 

[MRC & Co]

I was trying to sleep, and this exact idea came up in my thoughts, ha ha, good 5am thought!

Just about to start a paper diary and thought hey, why not put it online so I can get feedback.

Anyways, just wanted to mark this thread so I didnt forget the idea entirely when I wake up!

 

[noirua]

A person blogging their trading is not very beneficial under the Australian system and websites, especially ASF, would soon cotton on and not allow it. ASIC rules rule, but in the UK matters are much more relaxed or you could say open to abuse, or maybe, it has become accepted - many Aussies, a few I know, are notorious pumpers and dumpers in the UK and continuously post off-topic on their personal stock they're pumping.
I follow many and accept now that a profit is a profit, take it, and dive for cover. Usually I'm in a bit late and out early.

Following one website, I saw 5 threads set-up on the same stock within 10 minutes and posts running through it about 5-a-minute on each thread as the price of the stock, on AIM it usually is and Plus markets combined, run-up 400% in four hours. Madness reigns as the whole company's stock in issue turns over several times in the day.

I am a bit careful due to a past disaster and only use part of the money in my portfolio doing this. Most of my investments are in Australia and I only trade about twice a month; in the UK I have only 15% of my investment cash but trade at least twice every trading day and up to 20 times some days.
Madness reigns on AIM and the UK boards but it's fun if you remain within limit.

*** I am a very high risk investor to the point of gambling. Please ignore the above if you can't afford to lose. Not investment advice ***