single daily thread from monday

  1. 1,786 Posts.
    Hi all

    After quite a bit of feedback we're going to try a single daily thread from Monday. IF THAT'S COOL WITH EVERYONE!?

    Please WRITE responses for or against rather than thumbs up. This is humans communicating, not voting on Australian Idol. :-)

    A few members (including ST founder Ange) have been emailing to and fro (with me as the turnstile, my fingers are numb) to see what the best system is.

    Consensus seems to be that although separate threads would be better, quality posters are really starting to get annoyed with offensive or uninformed comments or ramping and we feel the only way to keep it in check is to have a single daily thread and all of us are responsible for giving the short shift to rubbish posts.

    That doesn't mean it can't be a bit of friendly banter amongst the trading info, but you will get a tap on the shoulder if taken too far.

    There are actually some really talented people out there who aren't posting and have emailed me to tell me why. We want them to start contributing, and we certainly don't want to lose the likes of Robbbb and Sandy and a few others who have expressed their disgust at yesterday's rubbish.

    Now, it's not supposed to be a big love-in with everyone patting each other on the back either. We need informed debate and not everyone is going to agree. Constant questioning is what everyone needs to improve. One common theme amongst the world's best traders is that you will never stop leanring.

    There will be those who don't like the arguably "big brother" approach, but hey, there seem to be quite a few of us that hang around here that prefer quality, so choose another forum if it doesn't suit.

    For mine, I would rather read one long informative post and have to refresh many times than jump in and out of threads all day. I'm hoping all I will need to trade is the info I find here and ignore the rest of HC. I need less noise and screens open during trading, not more.

    Again, IMHO, I'm interested in finding out when to enter a position and why, not really know how it's doing every day for three weeks (unless there's another valid entry point of course). You can do that in three lines, but "this one's leaving the station toot toot" ain't one of them.

    Cardondriver summed it up pretty well.

    "The daily thread allows us to forget what we wrote yesterday as today we are looking at fresh ideas.

    It's painful watching the same stuff about certain stocks, but you can soon dismiss them as fluff and just move on."

    And we can all start to get a feel for the fluff and politely ask the fluffer to either explain or stop posting said fluff.

    It will be a disadvantage not being able to see a full trade from start to finish, but it will stop a lot of the rubbish being posted on separate threads as well as we have strength in numbers to police it.

    However, there is no reason any topics cannot be discussed at length, including specific trades, in separate threads if people wish. I would love to hear from from anyone with a winning or losing trade to tell why it did or didn't work and post an entire essay on it. I just don't want to have to keep checking every thread to see if there's a new entry point. We might even work out that we can do it a better way in future.

    I have a gut feeling some people are not posting a new separate thread because they feel they don't have enough to share. I'm hoping having the single daily thread where someone posts a chart, might also prompt someone with good FA to post some background on that stock as well, or even debate as to why NOT take the trade. I'm quite sure I'm not good enough not to be told that I'm missing something.

    Before I end up with another novel, I'm stopping.
 
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