How can T2W better serve its community?

This is a discussion on How can T2W better serve its community? within the T2W Feedback & Announcements forums, part of the Off the Grid category; Originally Posted by tar Yes , IMO its much more complicated than that , some did quit because they had ...

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Old Aug 7, 2014, 1:47pm   #31
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Originally Posted by tar View Post
Yes , IMO its much more complicated than that , some did quit because they had to work a regular 8-16 job , others did quit after getting a promotion on their trading job/career , others did quit after facing a dead end on their prop trading and thus looking for other ventures . And many did quit because of forum's moderating policy - FXMO's thread ... etc - .

... etc
Yes, all of that and more.

As far as moderation policy.

It's interesting that members don't seem able to accept that there are many individuals, styles and points of view that make up a forum.

So each member will have their own ideas about limits, boundaries, behaviours etc etc, and each one of them will think that they are right. (well they would wouldn't they)

So, what's the answer then ?
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Old Aug 7, 2014, 1:51pm   #32
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So Sharky's request as per the title of this thread is really directed to banner-clicking newbies rather than experienced old hands who would actually be more useful than the banners clicked.

In which case I'm sorry to have missed the site's zenith and I'm sorry its policies have had the impact that they have.
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Old Aug 7, 2014, 1:55pm   #33
 
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My view is that most of the real traders just get on with it and are more interested in T2W as a diversion from trading rather than talking about it. Since they are (have been!!) here many are happy to pass on the odd nuggets of advice etc and/or point up spurious claims from the five minute wonders (of whom there have been many). Many were often pretty vicious with the latter types to the extent that they either got themselves banned or went off in disgust.

In the early days there was a preponderance of the semi-experienced who interacted with each other as part of their ongoing learning. Sometimes that smacked of the blind leading the blind, but often there were those more advanced in their learning journey to take the lead. There seemed to be little by way of "hidden agendas" - usually commercial in nature - which have become an increasing headache for the site as the membership has grown.
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Old Aug 7, 2014, 1:57pm   #34
 
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Originally Posted by Sigma-D View Post
So Sharky's request as per the title of this thread is really directed to banner-clicking newbies rather than experienced old hands who would actually be more useful than the banners clicked.

In which case I'm sorry to have missed the site's zenith and I'm sorry its policies have had the impact that they have.
It's just my opinion. Other's may have different views.

Fortunately the site acts as a historical archive for some very, very good content. However, it is hard to know if something is there if you do not even know you are supposed to look for it.

Unknown unknowns as Rumsfeld refers to them.
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Old Aug 7, 2014, 1:59pm   #35
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Not to mention the changes in markets' volume and volatility , lets face it when there is a high volatility environment - credit crunch - that will bring traffic and encourage participation ...
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Old Aug 7, 2014, 2:02pm   #36
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But you'd imagine there would be a steady stream on new to the site, but experienced traders, who would go through that loop ad infintum. What seems to have been the case is that there was a tranche of experienced and semi-experienced traders who co-existed in the same space (here) and time (then) and when they all got bolloxed off with the site - left. Never to be replaced or refreshed. That's it.

I'm wondering if the shift in popularity and ease of access to Forex has been the culprit?

Trading stocks, options, commodities and futures attracts a more seasoned, sensible and generally intelligent form of life than the level these days attracted into the 'simplicity' of trading forex. The former has a business-like feel and requires a business-like approach while the latter tends to be geared to morons with pocket money to play with and ease of access to brokerage facilities where you can play for a few pence per pip. The sort of person, if robster is correct, that the site is actively hoping to attract in order to max is ad revenue streams.

Seems they've got what they wished for.
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Old Aug 7, 2014, 2:09pm   #37
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Not to mention the changes in markets' volume and volatility , lets face it when there is a high volatility environment - credit crunch - that will bring traffic and encourage participation ...
Yeah the volume and volatility is a major issue. TBH I can't for the life of me understand why anyone would trade forex in these times.

Algos have also taken their toll.
More restrictive regulation.
Banning of short selling.

There is loads to talk about, but nobody doing it.
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Old Aug 7, 2014, 3:56pm   #38
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Sharky started this thread Thanks for all the feedback so far, it's exactly what I was hoping for when I kicked off this thread.

I don't want to dwell too much on the past, at there is a lot of history there and I'm really interested in how to move things forward from here.

I'm open to all suggestions, and my only priority is the interests of the site, NOT increasing page views.

I think we all agree with Sigma-D when he said 'Anything which promotes sensible, polite and experienced debate has got to be a good thing.'

For me this is the no.1 priority and the minimum any self-respecting trading community should aim for. It's a 'need' for a successful trading community. Outside of this, the aims of providing a safe platform for newbies and as Barjon put it 'a diversion from trading rather than talking about it' come second, and can be described as 'wants'.

The challenge is in balancing these three things, and that's the motivation for this thread.
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Old Aug 7, 2014, 4:23pm   #39
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News and economic calendar - live - section with a chatting/commenting feature .
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Old Aug 7, 2014, 5:34pm   #40
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As a fairly new member - less than one year - I really don't know a lot about the site in the good old days - but can say - this last 6 years from 2008/ 9 - the whole world as changed and things have moved on in more ways than you think

T2W as far more competition and diversions compared to 2005 -2010 - everything from Facebook / Twitter / You Tube / Instagram / copytraders / etc etc - and so its bound to lose members to other new sites etc.

I actually agree with a lot of the comments already said about what's happened - but surely this as happened to all specialized trading sites - People are no longer living the good life of the nineties and early millennium - times have been tough for many since 2009 - money is no longer growing on trees and so less new traders willing to enter the markets.

Then add the fact that its not just dodgy vendors who have been ripping off all newbies - its been the banks - and now approx 10 yrs too late - they have been found out as deceitful crooks and so the FX markets have changed - they are harder to trade ( although still OK for experts) and so instead of having 1000 new FX traders every week or month signing on at brokers - its maybe 10 now and so T2W and other similar sites need to adapt and change with the times to attract more new members.

If you do a quick SWOT analysis on the site - its still as many advantages over it competitors - but with having such a vast thread base - many of the real gems are lost.

i would say that its worth finding the gems from the proper traders who have now left and recirculate them for a month or so to create new interest again.

The "Off the Grid" section is good for light relief from the boredom of full time trading - but so many good comments are lost in a couple of hrs in busy times - it needs to be latest 25 or 50 posts rather than just 10.

I think if the world economies improve over the next 1- 3 yrs - T2W will get lots of new members again joining every month - but meanwhile its a case of making sure every new member is made welcome and looked after - so that they want to join in and contribute and recommend others to come over to what can be the best Trading site again

Just my thoughts for now

Good Trading

Regards

F
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Old Aug 7, 2014, 8:09pm   #41
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News and economic calendar - live - section with a chatting/commenting feature .
I think it's a good idea, although I realize these days there are many established resources available offering just that. A few years back we did launch an Economic Calendar, but the amount of work required to set it up and maintain was disproportionate to the amount of activity it attracted. Ultimately it couldn't compete on speed with competitors and without an edge, it just didn't catch on.

I like the idea of commenting on news, in a similar way we feed in comments from the articles to the forums. The reddit style way of linking to content then providing a means to have a conversation about it appeals even more.

Quote:
Originally Posted by Forexmospherian View Post
i would say that its worth finding the gems from the proper traders who have now left and recirculate them for a month or so to create new interest again.

The "Off the Grid" section is good for light relief from the boredom of full time trading - but so many good comments are lost in a couple of hrs in busy times - it needs to be latest 25 or 50 posts rather than just 10.
F
Thanks for the suggestions. We had the same idea a few years back and that started off the Best Threads initiative, with some of the best threads from the archives being brought to light through the stickies in each forum and more recently through the newsletter. Given the size of the archive, I think we can uncover a lot more good content that would otherwise be extremely difficult to find. That just requires some co-ordination as to how best to locate them, ideally incentivizing regular members to do the prospecting.

Re. "Off the Grid" - and the latest 10, how do you mean?
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Old Aug 7, 2014, 10:15pm   #42
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Re. "Off the Grid" - and the latest 10, how do you mean?
In the latest Top 10 stats section at the bottom of the forum list - you can adjust the contents stats etc etc - but are stuck with the latest 10 only posts

On busy days - your comment might be number 11 within an hour or so - so many who are just quickly checking on latest new comments - might never see a really good comment posted say 2 hrs ago - and then it gets lost etc in the "mass" of other comments"

If you could therefore see new comment on a thread or a new thread being on show or advertised in a sense over a longer period - ie in top 25 or 50 - or all comments over last 4 -6/ 8 hrs it would be seen by more members and guest - and then might create more responses

Also another point on rating of threads- you see some 5 star ratings and they have had only 2 or 3 members who have rated - and then some other threads might only have a 1 or 2 star rating - simply because 3 or 4 "haters" / spoilers " have given a 1 star rating cancelling out the 10 members giving 4 star ratings

No star rating should appear without a minimum 20 or 25+ members rating the thread.

Also maybe any new threads not getting a minimum say 100 or 200 page reads in a week should be dropped or moved into threads with similar subject matter

With regards to threads limited to who can comment on them - this should be shown in the heading who are down on the list not allowed to reply.

I have tried a few times to comment on certain threads - only to see a header basically saying the OP does not want to hear off you . That's fine - but maybe it should be advertised to show the OP of the thread is selective / bias / narrow minded or what ever you might want to call them ;-)

Regards

F

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Old Aug 7, 2014, 10:22pm   #43
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I hope this is taken in the spirit intended of this thread when I say with the greatest respect to all that forexmospherian represents the very antithesis of what this site needs or what Sharky is currently trying to do.

While I've got no issue with self-obsessed mirror watchers, stat watchers, thread ratings review watchers, post count jockeys and other such trivial, it is that sort of hollow vanity that has degraded the quality of the site its current extent. It's all about form over content. Thousands of self publicizing posts with no meat on the bones, Perfect for hooking gullible newbies and those with stars in their eyes about just how easy it's all going to be.

Forget the stats and the views and the star ratings and the hottest posters hottest threads - it's all a mirage. The real quality went long ago - Sharky is trying to get it back which means, hopefully, less bandwidth for your noise.
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Old Aug 7, 2014, 10:48pm   #44
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More focus on trading 2 win?

Hi, Sharkey & T2W Moderators,

Like FM - I am fairly new to T2W. And as previously posted earlier in this thread - there is strong competition to attract and keep visitors/regular members/contributors amongst forums and discussion groups (especially in the investing, trading niche).

I've been trading options since 1990 professionally as a risk manager and also as an independent trader concurrently. So I have a strong bias to read and work thru thread posts that are actually trading-related posts. I readily accept that my focused viewpoint on trading-related posts may be a narrow one, especially if T2W is really more focused on general financial news, analyses, etc.

But replying to the question of "how to better serve its community?" - at least with regards to trading-related threads and posts, I have listed a couple of ideas:

(1) In my opinion, there are just too many "opinions" and "analyses" in the FX arena, especially trying to jiggle and mix/match economic reports vs geopolitics vs whatever else. Here in T2W - there are so many FX analyses that are very "plain vanilla" type analysis of Support, Resistance, etc. But as the old Wendy's commercial goes - "Where's the beef?" (I know many of the T2W members may be a bit too young to have seen this classic Wendy's tv ad!)

What good are pages of analyses - without guidance on trade bias/entry bias?

Many analyses are also just restating the obvious news of what happened on the price action for that day (or time period). Again - easily picked up by members across our daily trading news feeds. So not really educational or action-"able" from a trader's perspective.

(2) Another area to evaluate are the threads and posts which do provide Entry and trade-related posts. However, many of these posts do not have sufficient follow-up and "trader quality control" - how did the trade turn out? What length of time? Was the inciting trigger (or Edge) "trade worthy" from an educational perspective for the newbie traders here in T2W?

I have seen way too often here - posts for trade Entry - but no posts for trade closure b/c the trades ended up as losses! I have notice many such "no follow up" on losing trades - but elected NOT to comment b/c it appears that T2W criteria does not "care" if only winning outcomes are posted and losing outcomes are intentionally "lost or forgotten" by the post authors.

It should be a Standard - those who posts trading-related Entry, etc., should provide fair and transparent disclosures - and follow up on the trades itself. Winners AND losers should be included (and insisted upon) by the post authors. This way, all T2W traders/members can learn to identify which trading ideas and Edge(s) may be worth more time and more R&D to follow through with from a learning basis.

Well, otherwise, I pretty much agree with the highlights of the other members who have replied to this thread.

Still- always enjoy posting and learning and developing friendships with traders here at T2W.

Also - I appreciate the time and comments and effort of the T2W Moderators. I know it is never an easy task to actively maintain such a large, diverse Forum!

Regards,

WklyOptions
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Thanks! The following members like this post: Forexmospherian
Old Aug 7, 2014, 10:50pm   #45
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I hope this is taken in the spirit intended of this thread when I say with the greatest respect to all that forexmospherian represents the very antithesis of what this site needs or what Sharky is currently trying to do.

While I've got no issue with self-obsessed mirror watchers, stat watchers, thread ratings review watchers, post count jockeys and other such trivial, it is that sort of hollow vanity that has degraded the quality of the site its current extent. It's all about form over content. Thousands of self publicizing posts with no meat on the bones, Perfect for hooking gullible newbies and those with stars in their eyes about just how easy it's all going to be.

Forget the stats and the views and the star ratings and the hottest posters hottest threads - it's all a mirage. The real quality went long ago - Sharky is trying to get it back which means, hopefully, less bandwidth for your noise.

I have no problem with your comment with respect to me - and think it should be pointed out to the rest of the members reading this particular thread - that you are one of the members who have stopped me responding to one of your own threads - and even changed the content of a couple of comments - after I had liked them - ( lol) - quite a sly one if you ask me ;-)

Lets look at some facts here.

I am 60 yrs old - full time FX trader with more retail forex experience than maybe 90% of all the members here - I am level headed - lived the good life - normally very polite and helpful - Hons degree in Economics - trained as an accountant - been a director of several large companies and basically totally opposite of the type of traders you mentioned who try to trade FX.

Further more - I am always saying trading is a journey and takes many years to get to a good acceptable level - and actually mention on my thread - that its not for newbie traders or ones with less than 12 /18 months of experience.

Hardly hooking gullible newbies and saying how easy it is ???

So - not at all like you have commented and its just so embarrassing to see how wrong you get things.

Good trading to you - that's if you do any ?

Regards


F
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