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futures.io new framework
Started:January 29th, 2014 (01:07 AM) by Big Mike Views / Replies:35,953 / 794
Last Reply:December 7th, 2016 (03:30 PM) Attachments:76

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futures.io new framework

Old September 13th, 2015, 03:46 AM   #581 (permalink)
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bobwest View Post

Perhaps somebody with a good mind for statistics (which I do not have) could think about this. What is desired is a way to measure whether someone is contributing, and being acknowledged, in a broad way and by many different users. That is presumably an indication that they are having an impact to the forum as a whole.

Bob.


Recognition should be a function of name clicking, so when participants see a name, they click.
This shows that they are interested in his/her input, not only thanks or future likes, whatever function prevails.

Second, today only the OP can vote for something to be the answer. why?
The same question could be considered good by many participants.
Everyone should be able to vote if it's a good answer or not vote.
If someone gets more votes as the answer, it should add to his ranks.

Followers. Why not measure how many people follow someone, so why not have a follow button that shows your number of followers. So now, even if you are a paper trader, but have great ideas, you get recognition. On the other hand if you 500 posts with 2 likes, and 2 followers, maybe you should reconsider the content written.
Just a thought.

Matt
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Last edited by mattz; September 13th, 2015 at 11:39 AM.
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Old September 13th, 2015, 04:44 AM   #582 (permalink)
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guys..there is some attachment to this forum...hence taking the liberty to post.

am a nobody. did see myself as a mrkt Wiz a few weeks back. and said wtf?....pinged a bud...he said..maybe as u posted x number of times. anyways wrote to @ Big Mike saying did not deserve this title....as am on SIM on ES...longterm is a different story.

anyways its considered still Sat night on the west coast, and in the SF Bay, (San Fran Bay Area) and maybe a few bottles of my fav scotch down with a longtime friend who cares a total f&& to trading "Arberlour" the best if you have not tried

well just my 2cs...which really should not count....but anyways since have such an open forum...thought of posting...else would not have.

i think the title of Market Wiz....should go to ...someone who is making atleast 200k from the markets trading fulltime. Weather they are audited or not is a different matter...& we always trust the truthfulness of a person. If not...pls lets not call them market wiz & probably give them some other status. That way anyone new or old to the site knows and gets the correct feel. If someone is making above 200k and not trading fulltime should also not be called a market wiz depending on number of posts. well thats just my 2cs..& it need not matter.

else if the 200k mark does not warrant....let them give something to this forum something revolutionary which is not available to either buy or not available by way of free stuff anywhere. well will not get into details....but a title of market wiz warrants someone who gives a context of price to markets/volume, etc which has not been either discussed in this forum or elsewhere. Well a difficult task....is'nt it....well if not...maybe a market wiz title is a not warranted.

anyways as i said...sat night...will go back to the last of the arberlours.....but thought should express my feelings....weather needed or not

cheers n always good luck
s

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Old September 13th, 2015, 12:55 PM   #583 (permalink)
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mattz View Post
Recognition should be a function of name clicking, so when participants see a name, they click.
This shows that they are interested in his/her input, not only thanks or future likes, whatever function prevails.

Second, today only the OP can vote for something to be the answer. why?
The same question could be considered good by many participants.
Everyone should be able to vote if it's a good answer or not vote.
If someone gets more votes as the answer, it should add to his ranks.

Followers. Why not measure how many people follow someone, so why not have a follow button that shows your number of followers. So now, even if you are a paper trader, but have great ideas, you get recognition. On the other hand if you 500 posts with 2 likes, and 2 followers, maybe you should reconsider the content written.
Just a thought.

Matt
Optimus Futures

There is a risk of loss in futures trading. Past performance is not indicative of future results.

The Q&A system will be totally redone for the new framework.

Also, on the new framework you can simply follow a user, meaning if you follow them you are alerted to any new content they post. It shows the number of followers. This is already there in the beta.

Mike

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Old September 13th, 2015, 01:47 PM   #584 (permalink)
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Agree @bobwest on the observation and remarks you made on Market Wiz who lead by examples.

The Desig Market Wiz should be as is...a function of money. Probably that was the 1st intention but maybe got diluted somewhere down the line.

with a new system coming in place.....this could be addressed. Its not straight forward but maybe there are ways.

It could be a base with what is currently in place....but also needs a function of $s. So these can be optional fields but will only be counted towards status of Markt Wiz if someone wishes that recognition and can prove it. Optional Fields which when hit generates the staus. Once status is hit...maybe they do not need to keep updating & frozen with dates when achieved:- Number of ES pts Last Month, This month, 6Months. Networth % increase last yr/Or Market Beat by x% last year or if actively managing money AUM. Maybe the guys who are consistently making will not put this. Well its their wish to be under the radar. But at least the Term Mark Wiz will not get diluted.

A Big Trader once told me if one was just taking a mere 1 pt from the markets consistently....money finds the guy.
However there are few among-st us taking out 10 pts or much more on a consistent basis day in ...day out. Brokers on the forum can attest to that as they see clear statements. But maybe they have no desire to have the status.....why and why not is a personal prerogative. In ES this is big. Also anything over a 20-30% market index beat record is big. Well just my thoughts.

Not sure if the above is just wishful thinking....but likewise there maybe ways to also determine status for either vendor or vendor/trader, etc. anyways just my 2cs...so can always be discounted.

cheers n goodluck to all
s


bobwest View Post
"Market Wizard" Designation

I mentioned this topic to @Big Mike in a PM, and he asked me to post here in order to generate some discussion about it:

Since with the futures.io (formerly BMT) 5.0 changes, we are moving to a more professional appeal for the site, I thought I would mention something that you may want to consider at some point. This is essentially trivial in the scheme of things, but I didn't want to forget it.

It has to do with the designation of "Market Wizards," of which I have the honor to be one.


However, I do not regard myself as a "Market Wizard," at least as it is customarily meant. We all know of the "Market Wizard" books, which profile very successful, or at least famous, traders. I hope I've added value, but whatever I have done is not the same as any of these guys.

So, since we're talking, in part, about broadening the appeal of the forum, and especially to a broader professional audience, I wonder if it wouldn't be better to use designations that are more descriptive of high-participation users but that don't imply extraordinary market success -- certainly many are successful, but that is not how we get the titles. I'm concerned that it might be a reason for some to take the forum less seriously.



Bob.


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Old September 13th, 2015, 02:11 PM   #585 (permalink)
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Are you a NinjaTrader user?

 
But we already have Custom User Title capability. I just changed mine to 'Custom User'.

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Old September 13th, 2015, 02:16 PM   #586 (permalink)
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sweet....done

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Old September 13th, 2015, 02:19 PM   #587 (permalink)
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paps View Post
The Desig Market Wiz should be as is...a function of money. Probably that was the 1st intention but maybe got diluted somewhere down the line.

...
It could be a base with what is currently in place....but also needs a function of $s. So these can be optional fields but will only be counted towards status of Markt Wiz if someone wishes that recognition and can prove it.

@paps, I'm afraid I'll have to disagree here. Not picking a fight about it , but:

1. The "Market Wizards" in the books were highly successful traders making big money. But that is not the point of the "Market Wizard" designation at futures.io (formerly BMT). Here, it's a matter of how much you have contributed to the community, at least as that is measured by your posting and the thanks you get. The reason I think we need a new term for it is to avoid mixing up the high contributors with high earners. The point is to recognize contributions that have been made and that were judged to be valuable by being thanked over a period of time by many other people.

2. As far as high earners go, there is really no trustworthy way to determine what kind of money anyone is actually taking out of the market, assuming anyone would want to reveal it. I wouldn't; I think it's my business. @Big Mike has published his results extensively, but notice that no one else has. Basically, ranking people by their reported results would not be very relevant to anything, and would just set off a whole lot of lying anyway....

So I think the name should be changed so we don't seem to be talking about "Wizards" in the same sense as the books -- people who have made a lot of money in the markets.

Bob.

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Old September 13th, 2015, 02:43 PM   #588 (permalink)
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Lol ok. Np. Guess you make sense.

maybe then definition can still be same..but the term market wiz changed to contributor?

I have a lot of respects for many market wizs on this forum...especially some of the folks contributed to indicators beyond words and comments from folks who give amazing value some who may be wizs and some who may not be.

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Old September 13th, 2015, 03:12 PM   #589 (permalink)
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Maybe we can come up with more catagory for example coder,joubList,chief,foodie,movie then it's up to each individual to rank themselves

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Old September 13th, 2015, 03:46 PM   #590 (permalink)
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The name will be tweaked to something else that better represents there user is an expert on the site. That was the original intent.

Users can define a custom title, now and in the future

Sent from my phone

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

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