Follow up to Activity! Post

In this post, I wrote about giving www.stocktwits.com a test drive. As quickly as the excitement of something new came on, it quickly wore off. The simple fact is that there is way too much noise on the site to really warrant spending enough time to find the one or two potential nuggets of good information. I received an email from stocktwits directly and suggested some ideas to improve upon this. Mainly by creating a medium to generate hypothetical performance from trading calls so users have an idea of who has some edge and who is random. The idea of a community based rating system crossed my mind but unfortunately I do not think it will work because my assumption is that 90% of the people on there would have no clue what is ‘good’ content or ‘bad’. Amateur or newbie traders would be easily swayed. If you don’t believe me, talk to anyone who has taken on online ‘How to Make Money Trading’ course and ask them for a ride in their private jet.

Advertisements

~ by largecaptrader on February 13, 2010.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: