3-6% lullage and so on.

:!:

scose-no-doubt said:

:!:

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There used to be at least one T2W advisor who was claiming consistant returns in excess of 100% per month. (IIRC he was a vendor too)



I discussed this on a number of occassions with moderators and staff. I'm not really sure how they reconsile allowing their advisors to promote these sorts of fantasy returns, with the sites stated objective of assisting traders. Without exception, all of the people I discssed this with thought these claims where perfectly reasonable.



In T2W's defense this particular advisor keeps a low profile these days.

Setting realistic expectations and objectives is without a doubt, the most important thing any new trader can do. Unfortunatley exectations are influenced by sites such as T2W. At T2W everyone makes a thousand pips a week, 11% a week is no big deal, 3-4% a day is a walk in the park, hey the guys in the T2W competition are making 50% a week without even trying.

I'm quite fond of lulz, the more the better, but surely there has to be limits ?

Today another perfectly good member was indescriminately banned for having a bit of lulzy banter. If someones going to be banned for lulz then how can someone get away with claiming a long term average returns of 3-6% a day ! That sort of behaviour should not, and would not be tolerated on a trading forum.

The situation is actually worse than I'm making out. When someone with mental issues advocates leverage of 400:1 there's a slim chance they wont be taken seriously. When T2W slaps a full colour animated banner in posts made by credible and respected members, from their broker partners offering 400:1 leverage, theres a chance that the offer will be taken seriously.

It seams to me that if T2W has asperations to be a trading forum, then they need to address these kind of ridiculous claims. Failure to address this sort of stuff makes them part of the problem, rather than the solution.

Just look at the argument that black swans currently engaged in. His efforts to point out some blaring inconsistencies in another members completely unrealistic claims earn him a slap on the wrist from the sites moderators. Then they wonder why there's lulz.

Hare

Can never resist it can you

You might like to read the first steps sticky http://www.trade2win.com/boards/first-steps/89078-essentials-first-steps.html which all newcomers to T2W are prompted to look at. There you will find caution about "get rich quick" and warnings about extravagent claims from vendors.

As for some of your other stuff:

1. I don't know anyone in the backroom who thinks a consistent 100% a month is in anyway reasonable.

2. A returned previously banned member was banned this morning - for that reason and no other.

3. The "slap on the wrist" as you call it was equally applied to two members who persisted in swinging handbags at each other and disrupting the topic of the thread.

And now here we are immediately taking this thread off topic Scose has posted up an interesting table showing how what might appear to be relatively modest daily gains compound up to a vast fortune before you've grown much older. That might appeal to the starry eyed, but the realists know better and such a table merely demonstrates that it is a nonsense expectation.

We'd do better for new traders discussing that than beefing about T2W

jon

barjon said:

2. A returned previously banned member was banned this morning - for that reason and no other.

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Probably best to apply some leniency on this one, you wouldn't want to be talking to yourself, would you

Timsk is pazienza

just looked up lulz says "for the fun of disrupting" is this right?

lulz = enjoyment or hilarity deriving from any situation or scenario, however admirable or deplorable. It's relative the receiver of the (teh) lulz. e.g. I doubt we'd find paedo lulz very funny but Ian Huntley might. Another example would be OAP lulz as experienced by Harold Shipman. Again, we could talk about the recent Osama capture lulz.

IMO the best lulz come from epic fuch ups liek the PC vs T2W fiasco yesterday. Nice and light-hearted.

We had Wasp lulz here but apparently some people lost a lot of money.

People here tend to swing more towards the Schadenfreude end of the lulz spectrum. Personally, I think this should be remedied. Hence, threads like this.

scose-no-doubt said:

:!:

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Twusty sword of twuth averages 4.5% return every day and has no losing days...he's the real fookin deal and no mistake..

right so what your saying is T2W should ban any vendor types get rich quick or otherwise but not ban those that post for lulz

Im not on any side here but for what pazienza posted he should be banned permanently and have his computer equipment taken away simple

dc2000 said:

right so what your saying is T2W should ban any vendor types get rich quick or otherwise but not ban those that post for lulz

Im not on any side here but for what pazienza posted he should be banned permanently and have his computer equipment taken away simple

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What did he post? I thought it was just a bit of gay porn?

When did I say vendors should be banned? Some good lulz from them.
And Paz was banned for his porn lulz.



Obviously I dont want lullers banned or I'd be gone myself

lullerqualitypost:filth/rubbish > vendorqualitypost:rubbish

lullers are the lesser of two evils and generally nicer people who don't want to steal from you.

G.O.A.T said:

What did he post? I thought it was just a bit of gay porn?

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yes it was gay porn
lets see anyone go down the high street and poster porn all over any shop window and see if the courts just say awe he must have done it for the lulz

T2W is a business just like any other it needs to attact advertisers for an income or charge its members and I know which revenue stream I prefer

Down off soapbox now

dc2000 said:

yes it was gay porn
lets see anyone go down the high street and poster porn all over any shop window and see if the courts just say awe he must have done it for the lulz

T2W is a business just like any other it needs to attact advertisers for an income or charge its members and I know which revenue stream I prefer

Down off soapbox now

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Yeah fair enough posting porn on t2w is only going to end with a ban.
when you said he should have his pc taken away I thought there was more to it than just a bit of gay smut. Not my thang, but not illegal either.

dc2000 said:

T2W is a business just like any other it needs to attact advertisers for an income or charge its members and I know which revenue stream I prefer

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The fundemental problem seams to be the quality of some of the advertisers that they are attracting, combined with an absense of due dilligence (other than presumably the cheque clearing)

Additional problems are created when the site gives preferential treatment to these particular advertisers, to the detriment of its membership. The Mike Bagdaddy fiasco is a reasonable example of this. Legitimate warnings about this particular vendor where repeatedly removed (and it should be noted that the same warnings remain at other trading forums). I could name several other vendors too, but my post, and probably this thread would be deleted, but we all know who they are.

T2W have acknowledged that this was a problem, that vendors need to be screened, and chages have been made, only time will tell if its succesful.

Another example is the T2W book, which may be perfectly OK, but you have to admit that a number of the contributors are decidedly dodgy. Indeed I am informed that one contributor was previously permenantly banned from T2W for over zealous vendoring !

Its these issues that have resulted in the increasing quantity of lulz, and a reluctance for those who could contribute to do so.

It's unfortunate that his 4chan erection grows with every post in this thread. "People are talking about me!"

G.O.A.T said:

Yeah fair enough posting porn on t2w is only going to end with a ban.

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In the interests of accuracy posting porn on T2W generally results in a ban. People have posted porn (including images of very young women, that some considered bordering on child pornography), and their ban was reversed. Certain members (such as Mr Arabian) have posted similar images, for lulz, and no action wa taken (other tan the mods removing the offending articles)

Paz requested a ban, the request was denied, so he posted gay porn, knowing that his wishes where likely to be granted.

You could legitimately argue that if he did not wish to visit the site, then he could simply stay away. Having said that, an number of competant and knowledgable traders have gone down the same route, and I understand their reasoning, even if the sites management do not.

I'm a massive helper of the hare. He has been helped.

the hare said:

In the interests of accuracy posting porn on T2W generally results in a ban. People have posted porn (including images of very young women, that some considered bordering on child pornography), and their ban was reversed. Certain members (such as Mr Arabian) have posted similar images, for lulz, and no action wa taken (other tan the mods removing the offending articles)

Paz requested a ban, the request was denied, so he posted gay porn, knowing that his wishes where likely to be granted.

You could legitimately argue that if he did not wish to visit the site, then he could simply stay away. Having said that, an number of competant and knowledgable traders have gone down the same route, and I understand their reasoning, even if the sites management do not.

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I stand corrected I'm a thinking Pazienza might be back sometime again

This is what I love about t2w, such a diverse group of subjects are covered, sometimes even trading related one's, I tend to avoid those though as I don't know jack ****.

According to this guy all these internet marketeers are part of an organisation that is in the process of bringing down the US government. Now all those secret Nazi boxes from Guy Cohen are starting to make sense. They taking us over, soon we will all be designing one page websites and offering to accept only 89 people. If only this guy would join Trade2win.

ExposingTheCoup

Once upon a time at T2W there was IP address scanning



and they all lived happily ever after