When Are We Going 2 Cut the BS?

T2W has over 40k members, and not one has a verifiable ounce of ability.

Legendary members are more likely to be wind bags than skilled traders.

What's the value in thousands of posts that include, 'yes', 'no', 'I quite agree' and 'Up yours!'

Lots of inane posts or worse still smilies grinning back at you without a word.

A recent thread asked whether you can make money trading or was it better to close his account etc, and the usual eager responses come, including suggestions such as picking a moving average, long above, short below, I mean frickin hell, this is lame.

If you are new to trading, the value of other inexperienced traders is worthless. Including the members here with large post numbers.

Isn't it time that T2W distinguished itself from other trading forums by offering a verifiable standard of ability. So that instead of thousands of maybe vacuous posts, members have proved themselves as traders.

So an additional rating number, that represents the number of profitable trades posted live. This should be voluntary only. And no technique has to be revealed. But those that step up to the challenge, would surely have more merit when they say 'In my experience blah blah blah'.

This idea was suggested by someone in another thread, but nobody seemed to be too excited by it. I wonder why? It's easier to talk the talk, right!?

Otherwise we'll continue with too many BS merchants leading the gullible. And that serves no one.

And yes, I'm happy to volunteer.

I actually think that the US Day trading threads are the worst and I've been thinking along the same lines of late. All we are getting is look at the wonderful trade. Lets see it realtime boys...

Its a great free advert for some and should be stopped.

JonnyT

Jt, as a legendary member, you might be the Don or a complete Schlong. But you seem to be the type that is prepared to put his reputation up for scrutiny.

I agree the US Day Trading thread is pointless.

This forum suffers from the Internet's suspect attribute, that it is anonymous. Hence people that claim to look like Paul Newman and fly a jet, only to meet up with some Bridget Jones type for a blind date, looking like Quasi Modo carrying a bus pass.

T2W is riddled with these Quasi Modo 'Traders'.

I'm the first to admit I'm not a great day trader (net loser), but I've done consistently well with shares holding over a longer period such as months sometimes years.

I've doubled my day trading account in a week and then lost the gains and 50% more over the ensuing months.

Since trying to crack this for a living I've so far failed miserably.

JonnyT

Interesting thoughts, Maybe this rating system could be hard to actually put in place. Maybe we should start a thread for traders to prove their worth over 5 to 10 trades. Printing charts in real time no matter what their timeframe. We could print trade size, percentage of winners, average dollar profit versus average average dollar loss. These figures could be shown on the left underneath their name. And any traders are free to prove their worth. This way the 'hindsight kings' will be exposed. I think displaying technique wont be an issue as i believe method is only 20% of success, if that.

It could be a very interesting thread, And any 'legendary members' (no offence guys) could step up to the plate and see how they deal with the hard right edge in real time. Rather than just articulating about the market, which anyone with half a brain can do.

Any resistance to new ideas like this may bring the hindsight kings out of the woodwork

What is the point of T2W when we have all got access to the markets for real? Why so much conversation? Why not just trade and be done?

I have, in the past, posted numerous realtime trades most of which gave good profits and I always explained after the event why I entered where I did etc but it became a pointless exercise and so I stopped and I am sure others felt the same.


Paul

Some of us can't help ourselves. It's an exercise in gloating an exercise in all knowing, at least thinking and trying to make others believe we are all knowing. Give it up! What's the point? Any given person will find out for themselves what the markets are all about, that's for sure. T2W won't make much difference to what they think.

See you on the markets, Zig.

Trader333 said:

I have, in the past, posted numerous realtime trades most of which gave good profits and I always explained after the event why I entered where I did etc but it became a pointless exercise and so I stopped and I am sure others felt the same.


Paul

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If you had done and were verified, you'd have some authority. It's a shame it become a pointless exercise.

It would be useful to those starting out to have advice from those that can cut it rather than those legendary t*ts that have already posted.

RUDEBOY said:

See you on the markets, Zig.

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Yeah, blah blah, you talk the talk. It's why T2W has become increasingly worthless over the years. Now, are you going to summon the courage and volunteer?

My God what a lot of drivel!
Male egos (and yes I DO have one) are absolutely hilarious aren't they!
If you can't filter out the wannabe traders from the genuine, then it's pretty clear that you need to go away, do a LOT of reading and market analysis, then come back and you'll be much better off.
This site is a great resource for those who can do this filtering for themselves, and if you can't be bothered to get off your own **** and do some work - then look out if you EVER think trading is going to be a breeze!
I can't believe I'm even posting this, but I just had to say something!
Good for you JT for telling your own story - mine is much the same, and has been posted elsewhere here.
The last thing I will say is use some initiative, and spend time on your ownselves rather than getting "hot under the collar" about what others are doing or saying!
If you really care about post numbers or other peripheral issues, I would like to suggest that you get a life, or at least get out more!!!!!!!!!!!!!
Q

Zig, It's all paper talk, mate. Don't get so uptight about it all. What do YOU want from T2W? Trade comparison? Forget it mate. You've got more chance of seeing Elvis ringing the closing bell.

Quercus said:

My God what a lot of drivel!
Male egos (and yes I DO have one) are absolutely hilarious aren't they!
If you can't filter out the wannabe traders from the genuine, then it's pretty clear that you need to go away, do a LOT of reading and market analysis, then come back and you'll be much better off.
This site is a great resource for those who can do this filtering for themselves, and if you can't be bothered to get off your own **** and do some work - then look out if you EVER think trading is going to be a breeze!
I can't believe I'm even posting this, but I just had to say something!
Good for you JT for telling your own story - mine is much the same, and has been posted elsewhere here.
The last thing I will say is use some initiative, and spend time on your ownselves rather than getting "hot under the collar" about what others are doing or saying!
If you really care about post numbers or other peripheral issues, I would like to suggest that you get a life, or at least get out more!!!!!!!!!!!!!
Q

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Is T2W for traders or talkers?

I'm prepared to show that I make a living trading.

I have read endless threads and posts here over the years and am well aware of the BS, what use is this to people who start out and need to learn something from others. So you read books, take courses, do analysis etc..., who gives a sh*t? CAN YOU TRADE???

There seems to be a very defensive attitude already here, what are you afraid of? That you'll actually have to prove your abilities to yourself as well as others?

RUDEBOY said:

Zig, It's all paper talk, mate. Don't get so uptight about it all. What do YOU want from T2W? Trade comparison? Forget it mate. You've got more chance of seeing Elvis ringing the closing bell.

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If you were to offer up live trades, verified by others, whatever time frame and market you like, your ability as a trader could be measured. Not interested in your position sizing or your methodology, just whether you are a talker or a trader.

Simply, surely?

You don't have to participate, I know already you won't, but those that do would have a greater claim to being a useful poster, otherwise it's all hot air.

Or

Traders or talkers? It's for both actually. In fact, T2W, is for anybody. Zig, only you can be the owner of the real truth. Is that not enough? Or are you so insecure that you have to compare?

RUDEBOY said:

Traders or talkers? It's for both actually. In fact, T2W, is for anybody. Zig, only you can be the owner of the real truth. Is that not enough? Or are you so insecure that you have to compare?

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Ok, I accept you are a talker, nothing wrong with that, but what's wrong with members here having a rating that is more than alot of subjective posts?

It would be voluntary only, if you'd feel insecure about others having that measure made, then that is a private issue for you, along with your side glances in the gents.

Now Rudeboy, what would a newbie make of your defensive stance? Why should he look at your legendary status as anything more than you having alot of spare time to post instead of trade.

"Why so much conversation? Why not just trade and be done?"

Come on rudeboy, your a fine one to speak. How many posts have you clocked up in your first year? I couldn't have that many opinions even if i was on here all day! I've struggled to clock up my posts to near 200 and I've been on here over twice as long. Just a little bit of friendly banter rude

I think it's a innovative idea maybe we could call the 'Traders Showdown' thread, where real traders battle to prove if your opinion worth anything. Respect to JT and Quer for 'coming out' as it were.

The Dow comp means little, real money being the key.

techst said:

"Why so much conversation? Why not just trade and be done?"

Come on rudeboy, your a fine one to speak. How many posts have you clocked up in your first year? I couldn't have that many opinions even if i was on here all day! I've struggled to clock up my posts to near 200 and I've been on here over twice as long. Just a little bit of friendly banter rude

I think it's a innovative idea maybe we could call the 'Traders Showdown' thread, where real traders battle to prove if your opinion worth anything. Respect to JT and Quer for 'coming out' as it were.

The Dow comp means little, real money being the key.

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Why not just trade and be done? Precisely, how do we know who is actually trading here and making money? This site has little value if the claims can't be backed up, every poster is no better than the Snake Oil salesmen out there taking advantage of newbies.

The point of T2W? Well the way i see it.....it's a chat forum. Live trades? Where an individual wants to post them is up to the individual. Any given individual has got to accept T2W for what it is. It's a social thing, you can't be so selfish.