IDEA: Building a Community around Specific (position/ swing) Trade Set-Ups, Leveraging Steemleo

in #trading5 years ago (edited)

alttext

I just came across this post a few minutes ago, detailing the purpose of Steemleo.com. In @steemleo's own words,

Steemleo is a community for investing content

That was enough reading into it for me to come up with an interesting idea: leverage (what I assume to be) a large community of traders/ investors using the Steem blockchain to find profitable trade set-ups!

More specifically, I'm thinking that community members of this website "for investing content" can really benefit from organizing a specific tag system for posts that highlight chart set-ups of specific parameters; this would benefit different styles of trading among the whole group of users.

Example

For instance, people who're into trading harmonic patterns like "garleys" and "bats", etc., would use the tag "harmonicpatterns" or "hpatterns", or whatever the community (mods?) agrees should be the tag to address that type of trade set-up. Any member within that sub community (harmonic pattern traders) can post their find[s] ([a ]chart[s] that meet[s] the parameters of a harmonics pattern) using that tag. Assuming that there are an adequate number of people within that sub-community (who trade that type of pattern and care enough to share the set-ups that they find), one would presume that this would lead to the discovery of far more tradeable set-ups than they'd ever be able to realistically find on their own.

We all win!

A trading community like this would open up a whole new dimension of trading/ investing opportunities that would be personalized to individual trading/ investing styles. It's leveraging more eyeballs and like minded individuals for the benefit of everyone within that subset of trading styles!

Me

I, myself, am more attracted to the concept of "confluence zones" (a combination of support/ resistance from any number of indicators, including support/ resistance from horizontal price action, trendlines, pitchforks, Fibonacci retracement levels, moving averages, etc.) and, even moreso, moving average "envelopes" (where price shows a trend of reacting between a moving average and some percentage gain/loss in respect to that moving average), so the tags that I'd post chart set-ups to and that I'd most pay attention to (in my blog feed) would be under tags like "czones" and "maenvelopes", or something along those lines. The key to making it work is to get the whole community of users to agree what tags stand for which type of trade set-ups.

How?

I'm not clear on how to best achieve that type of organization, but it would likely require a mod(s) who would hold a community vote (on what the categories should be and what tags would be given to them) and then "sticky posted" (permanently frozen as the first post) on the website's front-end, so that all new community members will be (more likely to be) aware of the guidelines for tag usage.

Whaddaya think?

Is this realistic? Achievable? Would you like to be a part of this type of community?

Please, share your thoughts on this.

Sort:  

steem leo looks pretty impressive time to get on board

Might as well. Nothing to lose and potentially a lot to gain, if it ends of being a successful platform.

Congratulations @jamesbrown! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 3 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Dear @jamesbrown

I just visited your account to see if you published anything new only to realize that you seem to give up on Steemit? :(

Hope you're not done with this platform yet.

Yours,
Piotr


Congratulations @jamesbrown!
You raised your level and are now an Orca!

Vote for @Steemitboard as a witness to get one more award and increased upvotes!