Bloomberg Terminal

This is a discussion on Bloomberg Terminal within the General Trading Chat forums, part of the Reception category; Originally Posted by foredog Sorry, i was talking about level2 etc, more necessary if you're day trading uk stocks, but ...

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Old May 22, 2009, 9:36am   #76
 
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Originally Posted by foredog View Post
Sorry, i was talking about level2 etc, more necessary if you're day trading uk stocks, but i guess for the posters needs then all the info will be on the L1 and other parts.
L2 is £46 incl VAT and all.. even more savings tips
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Old May 22, 2009, 10:00am   #77
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imho Sharky took his eye off the ball a long time ago. Lots of members, core product drifting gradually from investment grade to junk though. Once it passes a certain threshold, it'll be non investment grade, and I'll be off. Not far off tbh....
Well at the end of the day this is a commercial enterprise for someone; yeah it's nice to be able to shoot the breeze / meet by the water cooler now and again... hell there is even alot of top quality info to be learned here of you dig deep enough - but I don't necessarily see why someone else should stump up the overheads for little old me to crack jokes, post a few charts, generally procrastinate.

The purpose of T2W is to generate income for someone. That income is sourced from ad revenues. The ad revenues exist because there is a never ending stream of new blood to sell to; threads about VaR, central bank policy etc don't do much for the "click rates".

EDIT: Just read the post back to myself... I actually agree with you, it's just getting boring - but as a non-paying punter, what else can I expect? The problem the management have is that there needs to be something for the new blood to come here for - if the likes of you and Goose are fed up and go elsewhere, you will have a forum full of newbs with nothing to stay for (at least nothing that they can be bothered to look for) Cue plummeting ad revenues.
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Old May 22, 2009, 11:15am   #78
 
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Originally Posted by GammaJammer View Post
imho Sharky took his eye off the ball a long time ago. Lots of members, core product drifting gradually from investment grade to junk though. Once it passes a certain threshold, it'll be non investment grade, and I'll be off. Not far off tbh....
Goldman have just downgraded this banter from hold to sell.
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Old May 22, 2009, 11:31am   #79
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I'm not sure what the solution is. I don't dispute Sharky's right to make this a commercial venture, I just can't see it sustainable in it's current format. And tbh, if, somewhere, there was a forum that had a higher proportion of serious traders on it (not necessarily wholesale IB / hedge fund / prop people, just not newbs asking daft questions about forex robots and 1 minute cable charts), I would probably be happily ensconced there by now. I just happen to have gotten into the habit of posting here over the years, mostly because, unlike Moneytec (which I was a member of for years), it is, or at least was, UK focused (which I prefer, despite the good contributions of some notable overseas members)
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Old May 22, 2009, 12:06pm   #80
 
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It depends what you want from the site. I see t2w as a place to meet serious traders and carry on useful activities offsite...

There's very little useful on the site itself, and more to the point there is no way for a newbie to tell what is useful. So instead you end up with pinbar lemmings and such...
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Old May 22, 2009, 12:25pm   #81
 
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Wait I thought the pinbar stuff was genuine
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Old May 22, 2009, 12:26pm   #82
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Ultimately, unless you make stuff restricted access, that's the way these things go I guess. I remember all the hoo ha a few months back about a few of us going over and posting on TradersLab. They had that whole premium membership thing going and I got one of those for free (dunno if they were ever actually able to charge for it),

But barring people like AnnaMaria and her buddies, who had already migrated over there, I didn't find many useful / interesting people to talk to over and above the others who had also come from T2W (wasp etc).

I bet any money if I went to EliteTrader it would be the same story (I'm sure I must have a login somewhere already but I'm damned if I could remember the last time I visited. Would be measured in years I'm guessing). And in any case, I'm not as elitist as all that - I genuinely like helping newbies where I can, provided they genuinely want to learn. And as I don't have a foolproof way of only attracting only those people, and not the gormless scalpers and robot buying retards, we're back to square one.
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Old May 22, 2009, 12:30pm   #83
 
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Wait I thought the pinbar stuff was genuine
It was done with the best of intentions, I'm sure of that... but lead a horse to water, or a lemming to a cliff...
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No nuisance spread betters please. Anyone else welcome.
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Old May 22, 2009, 12:32pm   #84
 
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And as I don't have a foolproof way of only attracting only those people, and not the gormless scalpers and robot buying retards, we're back to square one.
Who do you think you are, exactly? I'm pretty sure it wasn't the scalpers who caused companies like yours to do their cheeks, while you sat around on T2W. You bitch about the lack of quality, whilst at the same time deliberately alienating a large proportion of the genuine traders on the site. Nice going.
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Old May 22, 2009, 12:42pm   #85
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i think the genuine traders are not the ones trying to bend spread betting comanies over for a £1 a point. Any mug following 1 min charts or whatever you want to call them is setting themselves up for an accident. (See cable yesterday after the S&P announcement) and as for people that buy systems well that's your choice.

i for one would like to have a chat about more complex stuff but let's face it 99% of people here are gambling on GBPUSD or FTSE going one direction.
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Old May 22, 2009, 12:50pm   #86
 
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Who do you think you are, exactly? I'm pretty sure it wasn't the scalpers who caused companies like yours to do their cheeks, while you sat around on T2W. You bitch about the lack of quality, whilst at the same time deliberately alienating a large proportion of the genuine traders on the site. Nice going.
You aren't making yourself look clever, you know...
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No nuisance spread betters please. Anyone else welcome.
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Old May 22, 2009, 12:51pm   #87
 
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i for one would like to have a chat about more complex stuff but let's face it 99% of people here are gambling on GBPUSD or FTSE going one direction.
I would love to discuss such things and learn more from guys like you, but apparently unless you're throwing darts at a board, chucking boatloads of money that isn't yours around the place from an ivory tower, you're too gormless to do so.
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Old May 22, 2009, 12:52pm   #88
 
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You aren't making yourself look clever, you know...
Not all of us are here to make ourselves look clever.
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Old May 22, 2009, 12:55pm   #89
 
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Not all of us are here to make ourselves look clever.
Speak for yourself

What I'm trying to get across... Dale Carnegie wouldn't really be recommending needless aggression, especially when you're on rather shaky foundations vis a vis relative qualifications/experience/whatever...
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No nuisance spread betters please. Anyone else welcome.
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Old May 22, 2009, 1:03pm   #90
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Originally Posted by Skill Leverage View Post
I would love to discuss such things and learn more from guys like you, but apparently unless you're throwing darts at a board, chucking boatloads of money that isn't yours around the place from an ivory tower, you're too gormless to do so.
not at all. i'm more than happy to chat with anyone but the few times i have bothered to on here you get it back in your face from a load of mongs who have just opened their 1st SB a/c, are going to be massive traders in 10 years and know better than you. by no means am i perfect, i know this, but what i have is experince that i'm willing to share if i have the time/inclination but am not going to waste my time with those that say they want to but then just have a go instead.
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