I think the comp is an integral part of the STT thread not just for trading ideas but also as a B/S meter.
I think the once quarterly/bi yearly comp will still struggle though, as people want to see active new tips entered all the time, not so much a "set and forget" kind of thing..
Without Freeholds system, this will be hard to track and also the current market conditions are very volatility.
I also liked the rules for his system and what you had to do to describe your stock e.g. SOI, MC, FA, TA etc..
I think the STT thread may also need to evolve into something more than it previously was if it wants to attract a bigger following like it once did and not just die like the market.
Previously we had a raging bull market so it was a bit of a stock spruikers paradise here and rightly, I know I gained many ideas from here.
Now that the market conditions are shite no one really give af about stocks that are being spruiked here (to the degree they once were).
IMO the STT thread needs to evolve or it will die just like the market, peak readership seems to be around the peaks in the market.
I think putting a bit of education/trading ideas up will draw in people, in time.
Instead of losing money traders can see new ideas and new styles for trading then hopefully adapt them into their own and add some back here for others.
Also the STT thread seems to be one of the first to identify new sectors that are about to fire.
I think having this constant draw card will always bring people in as long as we keep it up.
Then once readers know of a sector they can narrow in on individual stocks, present their case and have others debate them if they disagree/agree.
If you are confident and have conviction/facts in your stock/sector selection call then it's not difficult to defend it.
My pick for 2019 will be Gold and a few Gold producers, I've already listed a few here recently.
I've noticed the profit taking periods have been getting shorter and shorter in the sector.
Remember the first run up after the initial drops in the market?
The 'profit taking' period lasted a week or 2, the most recent one only last 2 days last week with many Gold producers catching a bid this morning even though the price of Gold go hammered down a fair bit on Friday night...
To me shows more people are entering the space, investors are creating new bottoms or 'higher highs' for 'fear of missing out.'
(20min delay)
