I want to preface this to state that this is 100% the (brilliant) idea of Banjo. He came up with the concept and mentioned it in the chatroom. You code a "dislike" button sitting on the bottom-right of posts, but instead it's a counter (cumulative dislikes) which either deletes the post or acts as a "time-out" for the poster. He/she would have an n-minute ban from posting, site-wide. You could put the barrier pretty high, say 30 dislikes, and you could code it deny users with say, 20 posts from voting. Perhaps not apply it to chit-chat or P&R was also a suggestion. I think the time-out is the best option, in lieu of post-deletion which could be confusing in the thread. Let's hear from the rank and file.
Sadly, this will just increase the number of aliases created in order to vote people off of the island. In addition, it is very close to censorship. Best tool is still the ignore button. Always has been.
Baron did model likes on facebook. FB doesn't have a dislike button. What it being proposed is more like a reddit model, with upvote & downvote. IIRC, it was proposed to Baron long time ago, and he wasn't keen on a reddit model. I do like the idea though
Yeah, but there is actual teeth in the model. You get enough dislikes and you're off for an hour or two. Baron could make them public like the "likes" are currently. I think 20 dislikes would still be a large hurdle due to the current traffic/hits that trading threads receive. It could be a fantastic method of regulating trolls like "b*tpro"
Just 2 cents: Dislike is necessarily a must, so that any risky trading advice could be given many dislikes by some knowledgeable and experienced traders, without requiring to write any words for against/arguing any problematic advice (or snake oil).
That's a huge value-add (BS trades). So many hindsight calls and impossible fills (microstructure, fraud) that can be called to attention without actually posting a reply. I know that site-admins generally reject the idea, save for exceptions like reddit, but a trading site should live and die on the quality of the content. The trade-recos or methodology discussions are causal to PNL. There was a thread with trade-calls that was pretty lengthy... the OP was trading a synthetic short in index options. The OP was down like 40 handles in the trade, but it was marked infrequently and he was off by major figures when discussing the position. Anyway, it's was bogus as no synthetic (short call, long put at n-strike) had traded... actually, no options had traded for months. Basically a zero OI. So 20 or so pages of abject BS. There is another journal of abject failure that comes to mind. It may be deleterious to site-traffic in terms of muting the offender, but imagine the page views of those viewing the train wreck. This would put people on notice as well as be a "big data" solution to the quality vs. train wreck content argument.
If the likes and dislikes were more interactive as proposed, i.e. the votes actually meant something. Traffic and participation would definitely increase. Think it is a great idea, if nothing else give it a test period...