recently I was wondering on whould and how posting bad (red) trades benefit other users. And while posting green trades has the most merits - shows good mechanism and enforces them, shows that green trades are possible I feel that there might be some lessons / clues / findings from failed trades that could be learned from - assuming proper annotations and comments. Also this could be an encouraging impulse for contribution to novice traders for which green trades are not so often experienced. And as Fisher noticed in her recent post - everyone experiences red trades.
So I do have a two requests:
1.for novice traders, do not hesitate to drop a failed trade in Trading Room with a proper annotations on PVSRA/HTMRW clues taken into consideration before taking the trade and question on what went wrong. Such a trade should be thought over - because our most novice trades are red because of an impatience/lack of discipline. So I would recomend posting trades which you feel that was thought over, met PVSRA/HTMRW criteria and yet failed. Please also remember that for some of red trades the only explanation is something that Tah often repeats: "we cannot know how MMs will move the price next".
For experienced users of this forum I have an appeal to contribute and comment if such a trade occurs and you have some valuable observation
![Smile :)](./images/smilies/icon/smile.gif)
As for me I'll post a failed trade as soon as it won'be a result of my overtrade/impatiece which unfortunately is something common
![Wink ;)](./images/smilies/icon/wink.gif)
2.for experienced traders, maybe there is a valuable (in terms of knowledge) failed trade that you could share here in Trade Room ? Some PVSRA clues that you missed taking the trade and saw after hitting SL, some interesting application of SL or sth else that could be learnt from. In any case, do not hesitate to post it. Good example of such a red (but also green in this case) trade was a Runners HFS trade and it resulted in some valuable posts and trade examples as Tah mentions in Trading Room.
Thanks in advance!
Cheers,
M
![Mr. Green :mrgreen:](./images/smilies/icon/mrgreen.gif)