San San wrote: Why not give us a recap on how this forum was spun-off?
Not too sure what you meant.
The idea for this forum started when people were leaving WS one by one.
At WS, I already knew that grandrake was very good with IT and stuff like that. When kennynah left WS, I got kennynah to contact grandrake, to see whether grandrake could help us start a forum. The rest was history and now we have a place to post and share ideas
.
The challenge now is to decide on the Next Steps for the forum:-
1) How are we going to pay for the expenses of maintaining the forum ? Not too many people are clicking on the advertizements. Revenue till date is only Sin$15
2) Do we want to rely on Donation only or look for Corporate Sponsorship or maybe charge a nominal fee ?
3) As we also have some trolls and spammers lurking in the forum, do we want to close our membership to the public ?
4) How do we encourage more participation among our existing members ?
I'm inlined towards the following:-
1) Close the membership of the forum to the general public
2) New members can still join if referred from an existing member or if they give us a good reason why we should accept them. Just two sentences would be enough to discourage any spammers and trolls
3) New members will need to pay a nominal feel of Sin$50 to help maintain the forum. This will discourage most troll and spammer.
4) Old members who have been active, need not pay any membership fees. This would also encourage more participation among the existing members.
5) Old members who dont post will be given time to participate. After a reasonable period, if they still have not participated, we may then have to impose a membership fee, to help pay for the expenses of the forum.
6) Members who have been interviewed would be given life time memberships
7) As the forum is one of my vehicles to give something back in my Second Half, we will keep it
Non-Profitable. All monies collected would be use to promote and maintain the forum.
Anyway, the above is just my inclination. I have not talked to the rest of the senior members yet eg. 802, kennynah, millionairemind and yourself. I prefer to spend my time looking for trading ideas
Is it possible to give us more revealing hints, positions on your existing trades now (6 - 12 months timeframe)?
Nowadays, I look at things only 2 to 3 weeks at a time. I'm not too good with trades that are longer than 2 to 3 weeks.
It's all about "how much you made when you were right" & "how little you lost when you were wrong"