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Frequently Asked Questions
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The Idea Lab is different than just a message board or forum. Traders propose "ideas" or thoughts about trading and other users indicate whether they agree or disagree by "buying" or "selling" the idea. Great ideas that get lots of "buys" end up floating to the top. Traders can also comment on ideas, suggest tweaks to the idea and vote on the comments to an idea as well. An idea can be as simple as something like "IBM seems to pull back every day around 10:30am Eastern - I suggest shorting it during that time" to more complex technical analysis that someone proposes on Dow Mini Futures.
As with everything we do at TraderInterviews.com, the Idea Lab is meant to give you things to consider that you may not have done in the past. It's also a way for you to flesh out ideas you may be considering and want feedback from your fellow traders. You can even subscribe with RSS to specific ideas so that you get notified automatically when new comments are posted.
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Ideas and Comments can be voted on by members of the IdeaLab community. If you approve of an Idea or Comment, you would "Buy" it by clicking on the green arrow . If you disapprove of the Idea or Comment, you can "Sell" it, by clicking on the red arrow .
Note that Buying and Selling are just the terms we use in the IdeaLab for approving or disapproving of something. No money or points change hands; the actions are simply the way the IdeaLab community votes on what individuals have posted.
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Points are earned via a two-step process. The first step, is of course to submit either a trading Idea, or comment on an Idea. The second step is to have a net Buy rating of 2 or more for your Idea or Comment. Having a net 2 Buy rating ensures that other members of the IdeaLab believe your Idea or Comment has some merit.
The breakdown of points is as follows:
Idea with at least 2 net Buys: 10 points
Comment with at least 2 net Buys: 2 points
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