I put up a simple chat room on this site a while back in order to just initiate discussion among like-minded people. The problem with the chat is of course that everyone has to be there, at the same time, in order to keep it going. Over time, it faded, and was just overall very difficult to maintain and keep buoyant.
On average, I get about 2-4 emails/day from readers asking me about roughly everything under the sun in regards to trading. Most of these questions are best utilized to a wider audience, and not to mention that there are plenty of others out there that might be more knowledgeable on a certain topic than I. Some of these emails are very long and I just simply don’t have the time to respond to them all. When I update the blog, the number above usually increases. A while back, I used to be a heavy poster on forums. This was of course when I had more time and flexibility to do such things, but I simply don’t anymore.
And so last week, an email went out to about 1/6 of our subscribers, letting them know about a new board and inviting them to test it out in ‘beta’, pointing out any issues in the process. Without writing too much here or rehashing what work has been completed already, here is a copy/clip of the more relevant parts of the initial email sent to this segment:
Essentially, it is a new repository and trading board for regular users that will replace our former chat room.
There are tons of materials that were posted in that chat room only to basically be lost and gone forever – this board is a user friendly hybrid network/forum that will keep a steady log of any ideas related to the content we talk about or otherwise helpful materials. It will also allow like-minded traders to interact on a regular basis.
Other price action boards either require some sort of payment or practice some weird form of cult like worship of its founder (you might or might not know one or more of them). Again, NBT was built as and remains a free community – this board intends to simply keep track of materials that would otherwise be lost by an active chat and allow others to get some advice from those with lots of valuable experience. And seriously, that’s it. I am always questioned about my ulterior motives / used to it by now and so that’s all I wish to say about that.
This platform is also a way for me to be more active / as I couldn’t get into the chat when it was. And it also keeps my time management under control unlike posting on more popular websites, as I used to enjoy doing.
Thank you as always for the continued support and your efforts to help out one another.
This is not a typical discussion board – it is a social network / forum hybrid, in a sense, and I will be making improvements on it as time goes by. I have 2 friends of our site that have dedicated a fair amount of time getting it all up and running so I am happy to say that things have gone decently well so far.
The fact is that there is a large readership here now, for better or worse. Between my own work and that of my friends we have a large subscriber base via emails and social media followers. And so indeed, some people just like to talk, and that’s fine, but my time is limited. With most of the emails I receive, others could benefit from the responses or discussions as well, no doubt. Additionally, I am far from an expert on everything under the sun – I have been around the block a more than a few times, but there are others that excel in certain disciplines far better than I ever could.
For the homepage, where you will find a current list of topics and registration, please click here. Please note that registration currently still requires approval to help minimize spam.
For a full explanation of the board, why it was set up and without me rambling too long in this post, please click here.
For instructions on using the board, please click here.
We are still going to come across technical difficulties here and there, so please let us know about any problems in this category. It is very important that you help us do this and we appreciate the input.
This discussion board is fully independent of this website; please keep that in mind, especially for the email lists. It is a completely different software that runs it.
So please fire away and give it some legs. User registration is now open and please use it in lieu of the contact form on this website for any trading-related questions.
Thanks as always,