There's a new chief in town!

[wasp]

Remove it completely imo. Distraction from the point.

 

[JTrader]

Remove it completely imo. Distraction from the point.

That would be like tesco & sainsburys scrapping their reward card schemes & just reducing the price of the things they sell. It would suit the customers and make their use of the service less complex & more to the point, but these are gimmicks that seem to work - everyone likes to collect & hoards useless, pointless tat!

 

[wasp]

That would be like tesco & sainsburys scrapping their reward card schemes & just reducing the price of the things they sell. It would suit the customers and make their use of the service less complex & more to the point, but these are gimmicks that seem to work - everyone likes to collect & hoards useless, pointless tat!

As I said. A distraction from the point. It has only caused a downturn in content, not improved it for anyone.

 

[JTrader]

As I said. A distraction from the point. It has only caused a downturn in content, not improved it for anyone.

I probably agree. It has become a bit of a mindless vandal! The dazzling distracting lights in a casino...

 

[counter_violent]

As I said. A distraction from the point. It has only caused a downturn in content, not improved it for anyone.

Then again ...we all like some witty banter....so how about an extra button when the rep box drops down ....content....other.

The league table then would show content rep and other.

problem solved

 

[wasp]

Then again ...we all like some witty banter....so how about an extra button when the rep box drops down ....content....other

problem solved

How about there is an option to rep someone for a good post BUT all it does is leave your name underneath (like now - without need for comments or tally of rep), maybe a different colour for different content, and scrap the stars and dots. Therefore members spend more time concentrating on quality content?

 

[wasp]

The league table then would show content rep and other.

Why have one? It is not a true representation of members skills, originally devised to help newbies decipher who is worth listening too. I know I am not the most knowledgeable or best trader on this forum.

 

[JTrader]

Why have one? It is not a true representation of members skills, originally devised to help newbies decipher who is worth listening too. I know I am not the most knowledgeable or best trader on this forum.

Yes.

Wimbledon is the most prestigious tennis tournament not only as its one of the oldest, but because of the tradition - all white attire. US, french assie Open are all well & good but they can wear any crap they want and it is a distraction that cheapens the aesthetics of the whole thing. Plain & simple & equality of clothing aesthetics is what helps mark wimbledon out as the best

 

[MrGecko]

This kind of thing is what makes 12yr old girls get eating disorders... that is, it's more of a social thing than anything else.

... I can appreciate the intent, that newbies might get an indication of who is just a flash in the pan, and who isnt, but I agree with wasp that it isn't representative of trading ability at all. In my experience, most rep is given out for some witty comment or a shared perspective - both of which are no indication of anyones ability to trade.

Of course - the only way to determine that would be live posting of account PnL's, but that aint ever going to happen is it.

... the complications arise, perhaps, because traders are inherently competitive. The rep thing is a game, nothing more. I can (and have) made posts detailing some particulars of my trading style, but these are largely ignored rep-wise. Not to give the impression that I'm bitter about it, because I understand how to play the game. I can spend 10 mins on photoshop with a picture of S89 and get a bunch of rep, increasing my score in the game (which is what I really want to do).

Up for serious content for sure, but i think we all have to be honest and say that no-one takes T2W very seriously. The only serious trading questions are of the "tell me what I need to know to make loadsa money" or "for a limited time only I'll tell you everything you need to know to make loadsa money" type.

I mean, if I am honest, I reckon most of my rep is for laughs / shared perspectives. I have, and will continue to do so, make the occaisional serious post about something related to my trading or answer a serious question if I think I have something useful to say. This is my contribution. In return, I get to play the rep game (and I am quite good).

Without a doubt, there are members with High rep for low quality posts, and vice versa: check out the Potential Setups thread - these guys talk pretty much exclusively about potential setups and how they are managing their trades... few gold stars there though.

We take from T2W what we want. Witty Banter / opportunity to get on a soap box / self gratification for making good quality trading contributions. Any half-intelligent reder will be able to determine for themselves who makes good trading related posts and who doesn't. Any half-intelligent reader will realise that the rep thing is just a social game played by the regulars.

 

[JTrader]

If our goal is simply to trade 2 win, the T2W rep system is actually pretty much a waste of time. But it maintains/fuels user interest in the site, so i would be surprised to see it scrapped, from a commercial point of view.

It is rare for a rep comment to actually be of much use in terms of trading, in my experience, and i have given out a lot of pointless none trading related reps also.

 

[wasp]

This kind of thing is what makes 12yr old girls get eating disorders... that is, it's more of a social thing than anything else.

... I can appreciate the intent, that newbies might get an indication of who is just a flash in the pan, and who isnt, but I agree with wasp that it isn't representative of trading ability at all. In my experience, most rep is given out for some witty comment or a shared perspective - both of which are no indication of anyones ability to trade.

Of course - the only way to determine that would be live posting of account PnL's, but that aint ever going to happen is it.

... the complications arise, perhaps, because traders are inherently competitive. The rep thing is a game, nothing more. I can (and have) made posts detailing some particulars of my trading style, but these are largely ignored rep-wise. Not to give the impression that I'm bitter about it, because I understand how to play the game. I can spend 10 mins on photoshop with a picture of S89 and get a bunch of rep, increasing my score in the game (which is what I really want to do).

Up for serious content for sure, but i think we all have to be honest and say that no-one takes T2W very seriously. The only serious trading questions are of the "tell me what I need to know to make loadsa money" or "for a limited time only I'll tell you everything you need to know to make loadsa money" type.

I mean, if I am honest, I reckon most of my rep is for laughs / shared perspectives. I have, and will continue to do so, make the occaisional serious post about something related to my trading or answer a serious question if I think I have something useful to say. This is my contribution. In return, I get to play the rep game (and I am quite good).

Without a doubt, there are members with High rep for low quality posts, and vice versa: check out the Potential Setups thread - these guys talk pretty much exclusively about potential setups and how they are managing their trades... few gold stars there though.

We take from T2W what we want. Witty Banter / opportunity to get on a soap box / self gratification for making good quality trading contributions. Any half-intelligent reder will be able to determine for themselves who makes good trading related posts and who doesn't. Any half-intelligent reader will realise that the rep thing is just a social game played by the regulars.

Once upon a time this was a great site for just that (serious content). Go back a few years as someone brought up recently, and there was thread after thread discussing all manor of market analysis. Be it anything from 3-2-1 formations to correctly perceiving S/R and supply/demand.

There has always been threads like 'potential setups' as far back as 2000 and continued throughout and there has been some real gems along the way too.

Maybe I have been here too long but whilst I trade, I have too much time so I post and read forums and I am not the only one who sees a difference.

Sure, I am all up for banter and a laugh and pissing about. I agree that the rep system is good for a bit of fun but T2W is no longer the site I would recommend to any newbie I know looking to get into the business and learn.

Content should be paramount. I could post a live chart of any market and in hindsight, everyone could annotate and pass thoughts and newbies would learn from it but, these things no longer come without flaming and 'hindsight BS claims' etc and that is a shame.

As Bob said, 'the times they are a changin' and whilst I really couldn't give a **** who is or isn't profitable, nor do I care how you trade specifically (not you MrG), but in order for education and improvement, discussion with open minds is required.

Would justify the word trading in the website title.

 

[wasp]

If our goal is simply to trade 2 win, the T2W rep system is actually pretty much a waste of time. But it maintains/fuels user interest in the site......

Surely being the number one website for market discussion, analysis and perception would do that better? Surely that should be the reason for T2W's popularity?

 

[MrGecko]

Bear in mind, someone has to pay for all this. As I understand it, this is a commercial enterprise - i.e. for profit.

 

[JTrader]

Education is good and obviously to be encouraged, but at the end of the day, even the best methods are far from dead certain winners. Therefore, we all have a suspiscious mind when we see a new method posted - "oh, like thats gonna work in the long -term" etc.

This is why some honest posters get hammered for simply posting their method. Maybe this oversteps the line of constructive criticism.

At the end of the day no matter how robust your method usualy is, there will be days when it just doesn't perform as well. Trading is a murky world, and at our level, we are following and putting our hope in something (price action) that we have no control over (we're not the big boys moving price etc).

Therefore i can understand why some shyu away from the educational purpose of discussing method.

 

[JTrader]

Surely being the number one website for market discussion, analysis and perception would do that better? Surely that should be the reason for T2W's popularity?

Yes.

regarding foyer discussions etc. I see no problem at all in having a lounge. We are all human with broader interests. It is clear for all to see that the lounge is intended to include non-trading related stuff. Yet some butt in & moan about non trading related topics in the lounge/canteen area! the lounge is healthy IMO, & have learned a lot from it. Maybe it is overused on t2w, but........

 

[wasp]

Bear in mind, someone has to pay for all this. As I understand it, this is a commercial enterprise - i.e. for profit.

Not sure how lack of worthwhile content and little gold dots help that!?

 

[nine]

Lets be realistic.

Once you figure out how simple good trading is; and how to make yourself actually do the simple thing; we don't need to read too much about trading itself. Well except that its interesting to see a new idea from time to time.

So, this is a wonderful place to come and share a little joy. I do miss Spanish a little though.

 

[wasp]

Lets be realistic.

Once you figure out how simple good trading is; and how to make yourself actually do the simple thing; we don't need to read too much about trading itself. Well except that its interesting to see a new idea from time to time.

I came here to learn many years ago and did learn a bit! Now whilst I sit here trading, its nice to have a break from studying other things to give back if I can as, whilst we may have made it Nine, there is a whole new batch who need the assistance we once did.

 

[JTrader]

Lets be realistic.

Once you figure out how simple good trading is; and how to make yourself actually do the simple thing; we don't need to read too much about trading itself. Well except that its interesting to see a new idea from time to time.

So, this is a wonderful place to come and share a little joy. I do miss Spanish a little though.

I agree.

Once proficient the need for a website should be to come & deal with minor queries & issues related to maintaining/improving your setup & edge - be it IT, broker related etc. not endless flaming, live calls, method analysis (unless your own doesn't work) etc.

Unless your goal is to help others to trade, which of course is a very noble venture.

 

[wasp]

Selfish lot really aren't you!

Many ex members made posts that change all I do and how I trade and helped me fine tune my ways who did it not for their own gain or to show off, and just because they were successful, didn't mean they stopped and posted nonsensical crap alone.

DC2000, frugi, Fetteredchinos, TheBramble, Racer, Barjon, Jacinto, Nine, Justyn, Chartman, FTSEBeater, Skimbleshanks, citytrader, arb, gammajammer....... and on and on.......