There'll be a mass exodus if that occurs. Look what happened recently, Baron tried changing the "look 'n feel" of this site and quite a few members, if memory serves, stated that they will not be spending as much time here. Now, those changes were rolled back (for the time being - apparently), but there is an important lesson. If it works, don't F with it! ET makes money from sponsors who require active members.
Guys, you got it all wrong. There are very few, if any, serious trading sites. These sites provide us with the "gift" of comedy.
ET was my Alma Mater,actually, so i owe it.Many many things i started think differently after being here for a while.So sorry ET for being myself a crackpot all those years.
Exactly. That's the primary reason why ET's most active threads (chit chat, political & religion, cassie/soft porn) will not be removed because they bring back members for viewing more than any other trading related threads at this forum. That makes the sponsors happy and puts money in Baron's pocket. Yeah, Baron gets paid a very nice income because of us...nothing wrong with that although a few here seem to think he's not a "forum vendor" like any other forum that has sponsors.
Remember Dennis Boltz? He was a "trading guru" who learned his stuff over at Woodie's CCI. He had such a "great" TA method that he was able to suck in lots of investors. http://www.knoxnews.com/news/2010/aug/26/bolze-tearfully-tells-judge-i-am-responsible/
Brett Steenbarger had said he noticed a large number of laid off people turning to trading for a living as a way to replace their lost jobs others had quit jobs, or planning to quit their jobs, so they could pursue trading his concern was that most of these people had unrealistic expectations, sucked in by the romanticised mythology of "trading for a living" that is popularized on the internet and perhaps if they knew the truth, many of them would never have ventured down this path there are a few frequent posters over at Big Mike's who are in that situation, either lost jobs or quit their jobs... they aren't looking for another job, instead they are at home staring at screens all day, determined to become career daytraders. the dedication and work ethic is admirable-- but in reality they are walking into a black hole of lies and misinformation, and it will not end happily these guys are not reckless or stupid, they are not degen gamblers either, they think they're doing the right thing, they're putting in the work, doing in the right way, risking 1 to make 2, etc the problem is they're chasing after a false grail..... trading for a living is a rich man's game, not something for an average joe to drop everything for I wonder how many other vendors and aspiring traders could say the same thing?
There's one single repository where many of the charlatans congregate...not saying all of them are charlatans but a few of them, I know for a fact, are charlatans http://traderkingdom.com/experts