Follow up to Activity! Post

In this post, I wrote about giving 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.

~ by largecaptrader on February 13, 2010.

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