Why do they do it?

Strong downtrend .. trend is your friend .. recent breakout to the downside .. model telling me to sell T2W .. must take the signal .. now I'm short .. sell low, buy lower .. am now hoping ODT comes back in a different guise ..

You are 100% correct on that!

I can understand sharky's motivation, and at a push, even the staff dependant on the evil empire for there living.

I simply cant understand the motivation of unpaid moderators.

But wait a minute, is everyone who claims trading success a scammer? Is the logic that anyone who is good necessarily won't want to teach or to share? I realise that most probably are bogus, but it's impossible there aren't one or two genuine guys out there.

No dude. Everyone that DionysusToast doesn't like is a scammer :-)

I guess another way to look at it is why would anyone who trades very successfully want to teach one individual how to take money off another? It's kinda pointless in a zero sum game. What could one gain from such an endeavour?

I can only see two reasons. First is if it is for money...but teaching is likely to detract from one's income as a trader, most likely. Certainly having to teach or even guide others in and out of positions would be & has been a distraction for me in the past. So I would conclude that for this reason to be valid, they would need to derive more income from teaching than they would lose due to the distraction of teaching. This hurdle is easier to jump over if you aren't very good at trading. For those at the top end, the financial benefits of teaching would not outweigh the costs.

Another potential reason would be if they are not sufficiently capitilised to make a sufficient income from trading. But if this is the case, they're hardly going to be setting up a trading education company either. Easier to work a job while trading part time.

The only other reason I see is if there is some other connection with the teacher and the student. This could be some personal relationship (eg family, friend etc), or it may be that they belong to an organisation to which they both contribute funds eg. church

So I would conclude and agree that there should be some genuine guys or gals out there, but that they are few and far between.

I wonder myself sometimes Just want to keep things clean(ish) so members can talk about trading and it's pretty disheartening that so many "real" traders seem more interested in lulz talk than trading talk apart from the odd spurt from them here and there.

jon

It was T2W's management who decided to dumb down the site and promote lulz so you can hardly complain. Thats the inevitable consequences of aiming for quantity over quality.

You know as well as I do if T2W where a lulz free zone, sharky wouldnt have a business, a bunch of guys would be out of a job, and you'd be moderating one post a month.