We need discussions like THIS

I would eventually like to see WSO having deep conversations such as this post today on the market action the final hour of trading instead of the "rank the banks" "what are my chances" crap I have to read. Lets talk about the market god damnit!

http://zerohedge.blogspot.com/2009/06/intraday-sp…

Some really great insight on that thread about what the hell is going on with the market.

 

Yes please. Unfortunately the WSO demographic isn't quite the same as the Zerohedge readership.

I'd really like it if there were a place for certified users and other informed people to have serious discussions...

  • Capt K
- Capt K - "Prestige is like a powerful magnet that warps even your beliefs about what you enjoy. If you want to make ambitious people waste their time on errands, bait the hook with prestige." - Paul Graham
 
captk:
Yes please. Unfortunately the WSO demographic isn't quite the same as the Zerohedge readership.

I'd really like it if there were a place for certified users and other informed people to have serious discussions...

Given that most of the readers here are in college or investment bankers and most of the reader on ZH are traders or HF guys, that is highly unlikely. You can try to bring them here by publishing high quality content that is relevant (i.e. what Tyler Durden and his gang are doing) but keep in mind, you are likely to be heavily mocked if it is crappy.

Best Response
captk:
Yes please. Unfortunately the WSO demographic isn't quite the same as the Zerohedge readership.

I'd really like it if there were a place for certified users and other informed people to have serious discussions...

  • Capt K

hey CaptK, you can start any discussion you like in the Certified User Group. With groups you have the added bonus of notifications (unless a user shuts them off) so you can start a thread in the Certified User group and expect most of the Certified Users to read it...whether they respond is a different story.

I agree we need more knowledgeable traders on here...i will brainstorm on how to get them to start posting here but I've found that the best way to generate discussion is to ask questions yourself. There have been several trading discussions in the past few weeks that I didnt think were too bad (gold and GM, for example).

-Patrick

Invite People Here: //www.wallstreetoasis.com/invite $9.99 WSO Guides: //www.wallstreetoasis.com/wsoguides Elite GMAT Tutors: //www.wallstreetoasis.com/page/one-on-one-gmat-prep

 

I read Zero Hedge quite often. I guess I kind of understand his fascination with JMPS 50 lots in SPY... But, I don't really share his concern. 5k shares in SPY are absolutely nothing. As I look at the depth of book right now, the market is 40k by 80k offered. The 50 lots could simply be hedges, too.

I think that ZH's articles on Goldman's monopoly of the NYSE SLP program are of greater concern.

 

Big Unit the goal is this site is to be the best online finance community around. Period.

"Oh the ladies ever tell you that you look like a fucking optical illusion" - Frank Slaughtery 25th Hour.

"Oh the ladies ever tell you that you look like a fucking optical illusion" - Frank Slaughtery 25th Hour.
 

trade4size - I kind of got the feeling that this site was more straight up banking oriented, rather than market oriented. And also to educate newcomers. I've been coming here since summer 2007 when I began my SA, and thats what i've gained from this site on a personal level.

And for what I wanted out of it, its been the best.

 
big unit:
trade4size - I kind of got the feeling that this site was more straight up banking oriented, rather than market oriented. And also to educate newcomers. I've been coming here since summer 2007 when I began my SA, and thats what i've gained from this site on a personal level.

And for what I wanted out of it, its been the best.

While our history is more banker-centric (WallStreetOasis.com used to be iBankingOasis.com for the newbies that haven't been around that long), we do welcome traders and discussions on the market. Due to our history this has usually been less of a focus -- not because there aren't many traders on here but because there are so many bankers (and prospectives)...so they usually dominate the forums along with PE professionals. So I would love suggestions how to get more traders, HF analysts, etc.

Thanks, Patrick

Invite People Here: //www.wallstreetoasis.com/invite $9.99 WSO Guides: //www.wallstreetoasis.com/wsoguides Elite GMAT Tutors: //www.wallstreetoasis.com/page/one-on-one-gmat-prep

 

Patrick,

I think it would be cool if you made a 'markets' section which was more prominently featured in the front page - somewhere were both buyside HF'ers, sell-side ER people, traders, and even the occasional banker wondering about whether his discount rate should be 6 or 8% can talk macro...

Financial research, buy-side HF guys, traders - they all to a degree have similar interests and I think it would be cool if there was a sub-forum for those ideas.

Also, a lot of the best and most informative threads on this site is created by controversy...so I think posting a few controversial discussions would be a good start.

I'm hungover so none of htis might make sense.

 

My thoughts:

The very first thing you must do to get participation in more "advanced" discussions is to make sure people see them. Right now, they're usually buried in the lower traffic forums, and never featured on the frontpage (understandably, with their lower appeal to undergrads) - its hard to get involved in a conversation if its not even on my radar screen.

One way to remedy this - perhaps redesign the front page to feature moderator-selected posts from a few different forums. Rather than just the one "stream" of featured posts from across the site, I think it would be better to see the featured post in a few different categories, ie "help me pick an internship", "trading ideas", "wall street culture", etc.

If there were a way to highlight a few posts at a time from some different places on the site, I think it would help to spread traffic around the site, and also alleviate the next hurdle:

I'm not going to write an insightful post if I don't think anyone will read it. So, if we can do a good job of giving some airtime to particularly insightful or thought provoking posts (rather than just those with the most replys), I think it will encourage people to participate in and create these topics.

Yes? No?

  • Capt K
- Capt K - "Prestige is like a powerful magnet that warps even your beliefs about what you enjoy. If you want to make ambitious people waste their time on errands, bait the hook with prestige." - Paul Graham
 

Forgive me if that was rambling, very low on sleep at the moment.

  • Capt K
- Capt K - "Prestige is like a powerful magnet that warps even your beliefs about what you enjoy. If you want to make ambitious people waste their time on errands, bait the hook with prestige." - Paul Graham
 

I totally agree with trade4size - there aren't enough substantial threads on this site. Too many of them quickly devolve into a trading of insults when x disagrees with y. There aren't even a lot of decent i-banking threads: there could be questions for advice on modeling, what kinds of deals you're seeing in the pipeline, advice for pitches, etc.

It is good and proper for this site to offer advice to prospective jr finance-types: schools, courses, interview tips, etc. However, I find the same questions coming up over and over. There isn't a week that goes by where I don't trade PMs with some kid about his college course curricula, or give advice on trading interviews. There should be a link to a few good threads that cover the most common questions.

 

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