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Legitimate top traders would not need people to follow their trades. In fact, the best ones would advise you against it. Trading is a redistribution of wealth

by ezero 3y ago

Legitimate top traders would not need people to follow their trades. In fact, the best ones would advise you against it. Trading is a redistribution of wealth from the bad traders to the good ones. You might make this idea work but it sounds shady. I don’t see how this has any value to legitimate traders. Let me know if I misunderstood though.

Afrah123 3y ago
Your concern is valid. For top traders, the platform provides an additional revenue stream ($$$) through subscriptions from users who value their expertise. At the same time, less experienced traders can access valuable insights, creating a win-win dynamic where "legitimate traders" are rewarded for their knowledge, and others gain insights/real time trades to enhance their trading skills. Would you like to try out the platform?
- ezero 3y ago
  The original description sounds like it’s about subscribing to buy/sell signals. Your response here still sounds like a more carefully worded version of that. Reacting to real time trades easily leads to emotional decisions and that’s one of the biggest things traders struggle with. It just goes against everything I appreciate about trading so no I’m not interested.
  - Afrah123 3y ago
    It's a microblogging site to see what others are buying and selling, and to learn from their content, not just blindly copy each trade in real time trade. You don't have to "react" to any trades. But I totally understand, not a problem ezero :)
- codingdave 3y ago
  What scale is this revenue? I find it hard to imagine that subscription revenue could hold a candle to the income already generated by "top" traders. Do you have traders already working with you that have expressed interest in being followed via this product?
  - Afrah123 3y ago
    I know of several traders in various online communities, outside of our platform, who are already successfully earning tens of thousands of dollars per month by promoting themselves on Discord and Telegram servers. It's this demonstrated success and the enthusiastic interest from traders that inspired the creation of this platform. We have a growing waitlist of traders who are eager to leverage our platform as a secondary income source.
    - codingdave 3y ago
      Now I'm even more confused. Promoting oneself on discord doesn't bring direct revenue. How is that turning into 10s of thousands a month? Are you sure they are interested in your platform for its revenue, and not as a marketing tool?
      - shyn3 3y ago
        I pay $1500 a month for a discord room and it has 4500 people in the basic level. The top level is $10,000
        Afrah123 3y ago
        Wow, that sounds like quite an investment for a Discord room! I'd love for you to explore our platform as well. Send me a message on Twitter (@afrahtweets), and I'll be happy to provide you with an opportunity to try out our platform and see how it compares to your current Discord experience
      - Afrah123 3y ago
        What I meant to say was "they run their own signals servers on platforms like discords". There is more interest from individuals without an audience on our waitlist than ones already with servers that are already making money.
        codingdave 3y ago

by ezero 3y ago

Afrah123 3y ago

Your concern is valid. For top traders, the platform provides an additional revenue stream ($$$) through subscriptions from users who value their expertise. At the same time, less experienced traders can access valuable insights, creating a win-win dynamic where "legitimate traders" are rewarded for their knowledge, and others gain insights/real time trades to enhance their trading skills. Would you like to try out the platform?

ezero 3y ago
The original description sounds like it’s about subscribing to buy/sell signals. Your response here still sounds like a more carefully worded version of that. Reacting to real time trades easily leads to emotional decisions and that’s one of the biggest things traders struggle with. It just goes against everything I appreciate about trading so no I’m not interested.
- Afrah123 3y ago
  It's a microblogging site to see what others are buying and selling, and to learn from their content, not just blindly copy each trade in real time trade. You don't have to "react" to any trades. But I totally understand, not a problem ezero :)
codingdave 3y ago
What scale is this revenue? I find it hard to imagine that subscription revenue could hold a candle to the income already generated by "top" traders. Do you have traders already working with you that have expressed interest in being followed via this product?
- Afrah123 3y ago
  I know of several traders in various online communities, outside of our platform, who are already successfully earning tens of thousands of dollars per month by promoting themselves on Discord and Telegram servers. It's this demonstrated success and the enthusiastic interest from traders that inspired the creation of this platform. We have a growing waitlist of traders who are eager to leverage our platform as a secondary income source.
  - codingdave 3y ago
    Now I'm even more confused. Promoting oneself on discord doesn't bring direct revenue. How is that turning into 10s of thousands a month? Are you sure they are interested in your platform for its revenue, and not as a marketing tool?
    - shyn3 3y ago
      I pay $1500 a month for a discord room and it has 4500 people in the basic level. The top level is $10,000
      - Afrah123 3y ago
        Wow, that sounds like quite an investment for a Discord room! I'd love for you to explore our platform as well. Send me a message on Twitter (@afrahtweets), and I'll be happy to provide you with an opportunity to try out our platform and see how it compares to your current Discord experience
    - Afrah123 3y ago
      What I meant to say was "they run their own signals servers on platforms like discords". There is more interest from individuals without an audience on our waitlist than ones already with servers that are already making money.
      - codingdave 3y ago