QUOTE(skiddtrader @ May 10 2008, 11:14 AM)
Looking at the forums, this trend is actually very real. While most people tend to observe the market for a good entry, there are those who would jump into something the moment they see some one else has it. This "herding" mentality is not new and in my opinion its how the market flows, but most books and guides tend to ask you to stand aside and watch where the 'herd' is going, to make your decision on the matter.
I'm not saying you base all your decisions on LYN which is of course absurd to suggest, but I won't be surprised if there are people here that do this specifically without any thought of their own. Which is why I think a portfolio advertisement while good for people to look at and scrutinize, is not healthy for "copycats" who tend to just jump in the bandwagon hoping for a free ride. Although some may think they deserve to lose their shirts if they copy someone without thought or reason, I try to convince myself they just need time to learn how to do it.
Which is why I suggested a more general approach to the idea, rather than a specific sort.

So whats actually wrong if someone jump onto the bandwagon without giving much thought, from my perspective the buying of the share actually increase the volume of trade. Which in turn would probably in a small way would push prices in favour of me (that is if i bought at a lower price).
My intentions to have portfolio's published isn't for "Advertising", "Profit Making - in a sense that a gurantee of profit or return by buying/sellin the portfolio make up I have" but to encourage discision making and reasoning. The tactic and strategies that each trader deploys to avert uncertainties during this time and age.
I continue to stress that no one will lose and benefit from sharing their portfolio's, except for the time they take to compose the info to publish it, whilst the person besides the portfolio publisher the time to read the material.
If they or anyone in that matter do so in copying, or deploy the heard mentality they shud be prepare to paid the cost of their mistakes.
Like all info published on the internet how much would you put your money/trust/ or for that matter your life in it?
The portfolio's that are published could be ficticious or misleading and not verified against anything other than the word, thoughts of a "trader" (who probably doesnt even trade), so if copycats are willing to subject themselves to the truth of the internet let them be.
QUOTE(SKY 1809 @ May 10 2008, 11:34 AM)
I think the best way is for you lead by example, showing your investment portfolio here.
Basically forumers would not object to that. Some would even be joining you soon, though may not as good as what you have. many like me are still in a learning stage.
Putting things into action.
This is still a discussion phase, let us debate further the pros and cons before we go in blazing, of course as the TS i am more than willing to share but not w/o prior approval of the Mod I would not move an inch.
QUOTE(howszat @ May 10 2008, 12:54 PM)
I would say let those who want to share, let them share their info. They can post in ($) if they wish, or they can just post in (%).
Let this thread flow and see what happens.
they can choose to publish any info they want to contribute or share; whether the lots they own; the money they have invested; the strategy they have deployed; their brokers; commission rates; the underwear they wear (provided Mod approves it); anything under the sun so long as they do not breach forum rules.
The best part is the portfolio may even be fictitious!