I wonder.
Monday morning, and only 160 members and under 600 guests online.
Over at Forex Factory (which is more of an American focus so should be busier later, whereas T2W is UK-focussed), nearly 900 members and 4500 guests online.
A lot of the stalwart, regular members of recent years banned, gone away or gone quiet.
The whole place festooned with adverts and awash with the lowest type of system vendor.
Where are the serious discussions about trading? I mean actual trading with real brokers, not punting on spot forex with a bucket shop, or "trading" the "UK 100" cash with a bucket shop. Or "scalping the FTSE", by which people mean "trading" the "UK 100 cash" "off" 5 minute charts.
Compare this to the standard of discussion at Elite Trader (not that I'm praising ET, but the difference is marked). You do at least have discussions about the actual mechanics of trading.
Even the banter and the humour seems to be drying up. The place is starting to become effectively a ghost town, with virtually no trading discussion, and little fun to be had.
The Hare has been pointing this out for a long time, but nobody seemed to want to listen. The decline in standards over the past few years has been remarkable. The decline from the early days when the membership included pit and other professional traders even more so.
Is T2W still really a trading site? Is it a community of traders? Does it serve a useful purpose for the members?
Or is it principally a means of putting gullible new people within reach of unscrupulous vendors and rapacious bucket shops? They certainly seem to be the focus of the site, to the detriment of post and member quality. The new book is perhaps the worst example I've seen of the misguided direction of the site. Such things in my opinion help to explain why serious people now so infrequently make serious posts on this site. I agree with The Hare's long-standing complaint - that it is pointless posting anything of quality. The management has decided that it wanted to aim the site at newbies, with the results that we have seen.
What are people's thoughts on this? Do you agree? And if so, can T2W be saved?
This will be the last thread I contribute to before I depart for warmer climes. It would be gratifying if my last act here was to provide the spark for a risorgimento.