B Tate & All: Let me answer that, if you will allow me too, I am sure Dale will when he reads it.
There will be only one moderator at a time in the DT room, and that moderator (in blue) will not be allowed to trade. Now, Dale or I could be in the room and trading, but not moderating .... and while not moderating, we will still announce our trades (we are still discussing the ins and outs of this).
The swing room will be different but there will be NO front running by those moderating and both Dale and I will be moderating that room. Any position I am about to take will be posted well BEFORE I actually trade into or out of the issue. In fact, in most cases, I will be moderating probably at night discussing the next day's strategies and stocks that I am considering, and at what level.
The only way that I was willing to get involved with a site like this was if it was purely focused on what we are all trying to do in the market ....
There are NO broker affiliations, no ad. revenue, no agreements with third parties, etc. The cost of the site will go to pay the moderator's salary (since he/she can't trade) and will also pay for software/hardware, etc.
Many would think that we are doing this for money but I assure you, and please believe me, that if you do the math, with the people we have involved, all of us can make far far more in trading well. I really want to help restore day trading as a viable way to play these markets, and I want day and position traders to have an honest place to go ... if that wasn't going to happen here at STOPS, my name would NOT be on it ... guaranteed!
Look forward to seeing you there.
tJ |
