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Thanks given: what's your take on thanking posts?
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Thanks given: what's your take on thanking posts?

  #31 (permalink)
Elite Member
Philadelphia
 
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Itchymoku's Avatar
 
Posts: 2,892 since Apr 2012
Thanks: 1,681 given, 3,622 received

Mike thank you for your patience with me. I know I've been posting a lot lately but I don't know if I'm really one to ever make market wizard status due to my inexperience with coding/trading that pales in comparison to those that have been professionally trading for years. However, I'm interested for the sake of potential market wizards if it's of any consequence to thank other posts in excess. Does your calculation give any consequence to an imbalance of extraordinarily high thanking one gives in comparison to thanking one has received even if the threshold for thanks received to posts made has been met? ( For instance, lets say someone makes 1000 posts, receives 5000 thanks, but then gives 10,000 thanks to other posts. Would this type of behavior have any negative impact on achieving market wizard status?)

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  #32 (permalink)
Site Administrator
Manta, Ecuador
 
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Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,353 given, 83,234 received


Itchymoku View Post
Mike thank you for your patience with me. I know I've been posting a lot lately but I don't know if I'm really one to ever make market wizard status due to my inexperience with coding/trading that pales in comparison to those that have been professionally trading for years. However, I'm interested for the sake of potential market wizards if it's of any consequence to thank other posts in excess. Does your calculation give any consequence to an imbalance of extraordinarily high thanking one gives in comparison to thanking one has received even if the threshold for thanks received to posts made has been met? ( For instance, lets say someone makes 1000 posts, receives 5000 thanks, but then gives 10,000 thanks to other posts. Would this type of behavior have any negative impact on achieving market wizard status?)

Your current reputation level is 48 according to your profile, so you are right on the cusp of being a "wizard".

The formula does not take into account Thanks Given. I personally take into account this metric before I spend time to help someone on occasion, but it has nothing to do with any "wizard" level on the forum.

As for number of posts or "posts in excess", there is a balancing act between posts and quality posts. The number of thanks you receive on your posts is a way for the system to determine their "worth" to users of the community.

I would say it is important to write quality posts. But mostly, to answer other peoples questions. Basically it comes down to earning a "thanks", the more thanks you earn, the higher your reputation will be on the forum -- if that is important to you.

Mike

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  #33 (permalink)
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I will also mention, although we are really getting off-topic, that the system rewards trading journals. Not because it knows its a journal (it doesn't) but because of the nature of journals. Journals contain attachments (images) that people view, and the system takes this into account (how popular are your attachments).

Just FYI...

I believe users with good journals should be encouraged, which is why this is there.

But the same can be said for users who help program for others. When they attach indicators (files) that are downloaded, it helps their score.

Mike

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)
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  #34 (permalink)
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Jura View Post
I do often wonder why some posts get a lot of thanks. Some posts that are copy-pasted from another website can receive a lot of thanks ("thanks for copyright infringement"?) while other posts in which energy is put and references are added do not receive (much) thanks.

I read a lot of books on Kindle, and I often wonder why some passages in a given book get so many shared underlines, from like 49 underlines. Is this group behavior, one person following another following a "maven?"

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  #35 (permalink)
The fun is in the numbers
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Rad4633 View Post
if i agree with comment or statement being made, then I give thanks. As you can tell from my avatar stats I ve Agreed with more than a few traders views I think i dont answer alot of questions or go out of my way with threads that could cause controversy, this being said I have little thx being given. I have futures.io (formerly BMT) friends so thats all that matters to me Im not trying to be a social butterfly



Honestly Im glad to see this thread bc i dont know how others see giving thx.

Since there is only one button I use it for posts that are one of:
insightful
thoughtful contribution to the discussion
positive addition to the discussion
show a lot of work and effort

I don't give thanks for posts which are:
combatively argumentative
off topic
closed minded
meant to derail and disintegrate the thread

Some people post just to try to show the other fellow wrong - not add something just to be...

Keep your mind in the future, in the now.
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  #36 (permalink)
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Posts: 3,155 since Mar 2010
Thanks: 6,306 given, 13,250 received


Big Mike View Post
I will also mention, although we are really getting off-topic, that the system rewards trading journals. Not because it knows its a journal (it doesn't) but because of the nature of journals. Journals contain attachments (images) that people view, and the system takes this into account (how popular are your attachments).

Just FYI...

I believe users with good journals should be encouraged, which is why this is there.

But the same can be said for users who help program for others. When they attach indicators (files) that are downloaded, it helps their score.

Mike

Apparently it weighs journal's heavily. The day I closed my journal my wizard status disappeared even though all the other criteria seem to be met. I don't really care one way or the other but I mention this as a point of interest.

Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
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