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Strategies & Market Trends : Classic TA Workplace
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To: skinowski who wrote (67151)2/22/2003 11:02:07 AM
From: AllansAlias  Read Replies (1) of 209892
 
Good post. The problem has always been that it is nearly impossible to track what folks are saying with their wiggle posts, particularly when you get 3 or more wiggle posters on the same thread.

There are a number of reasons for this that any successful wiggle board would have to overcome:

1) Most important factor is text versus pretty picture. Nobody should have to read wiggle prose. It's painful. Post a picture or don't post. Further, every reply to a specific chart should repost the chart link at the end of the message. There is hardly anything worse than reading a bunch of short posts alng the lines of "No, I think it is likely a 4 of c of C given that we did not violate that previous 1 low." Huh?

2) Context. Most often, there is no context for the post. Its' important if someone is trying to time a turn that we know the context in the next larger timeframe/count.

3) Timeframe. Anything under 10min or so is too noisy to be useful. This is subjective, but there has to be a timeframe limit imposed to cut out the noise.

4) People have to invest enough study to contribute something useful. A trading board should not be a place to learn the basics. It just slows things down. It is always mildly shocking to me when I see a post that starts along these lines: "I don't know Elliott from Chinese, but what do you think of the following [twisted, invalid, I-put-no-effort-into-it] count."

Best of luck with the wiggle board. I am sure it can be productive under the right set of guidelines.
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