I appreciate the suggestion, however, as I understand it, it gets a little too close to legal grey areas for my liking.
I do however agree that our transparency and openness became a hinderance to ESSC. I’m not sure if you read it, but my recent “Community Changes Preview” highlights some changes that we’re implementing to combat this issue in the future:
One of the most important lessons in life is learning to assess your failures and implement changes to avoid them in the future as stated in my recent announcement regarding the post-ESSC enviroment here:
https://forums.ascendedtrading.com/t/time-to-take-a-breath/3180
In that spirit, I’m announcing serveral changes to our community with that goal in mind.
Invites & Membership Changes
Locking the Gates
The gates to Valhalla have been locked permanently. This means that we will no longer have open invite periods where members are able to freely join our community. Open invites will be replaced by an application and queue system so that we can have a greater understanding of who is coming into our community and more importantly what they offer in the future.
“Reddit Analyst“ Bans
As some noticed, I decided to remove a popular Reddit “DD” analyst from our community, caddude42069. When I initially started extending invitations to users like them, the goal was to enable collaboration on the work that we were all doing individually in hopes of better understanding the difference in everyones approach and hopefully generating more profitable callouts as a result.
However, post ESSC, I’ve come to realize that this isn’t the case and that more often that not these notable “analysts” are only here to leech from us, whether it be by using our analysis to pad their own lacking research or by using our signals and trading ability to make decisions in front of their own audience. In the future, these potential members will be greater scrutinized.
Award Role Changes
Sunsetting Performance Award Roles and the Profit/Loss channel
This week, performance award roles will be removed and reworked. @Groupie brought up a good point that had previously been discussed on the admin side which is that these roles are not in line with the goals of our community and are a remnant of WSB that we need to be move past. The new system, which will be announced this week, will focus on percentage gains and consistency over “YOLO wins” and flashy dollar amounts.
Two Commas
The two commas role will be sunsetted alongside the rest of the award roles. However, a new role will replace it. The “Whale” role will denote members of the community that have a buying power over $300K. While obviously a form of recognition for our more “financially blessed” members, its true purpose is to provide accountability for members that have the potential to derail plays with irresponsible position sizing and trading that is inconsiderate of the community at large.
Signals, Squeezes and Transparency Changes
Public Visibility for All Existing Categories is Disabled
Taking our lockdown a step further, the forum, while now accessible without an account, does not show any of the categories or threads besides those in the newly created #public-announcements category to people who are not logged in. This means they are completely hidden from public view once again. #public-announcements, will communic…
The gist however is that there will be delay in the information that is given the the “outside world” and that invites will not longer be open and we’re moving to an application process. This is in addition to establishing a better system for handling these plays overall.
I’m confident that with these changes introduced, we won’t find that the issues of ESSC will be often reoccurring.
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