After experimenting with the new rule, we're starting to see the costs versus the gains.
<b><font color=navy>Costs</font></b>
We are starting to see a compromise with the quality or accuracy of information shared. Some recent examples:
<blockquote><i>You know, this new time limit for posting (10 min) doesn't seem to work for me. If you don't mind, I would rather have you PM me with your additional questions.</i> -- steve46
http://elitetrader.com/vb/showthread.php?s=&postid=965405#post965405</blockquote><blockquote>
<i>Stupid 10 min rule:
I should have added this (new version just out):
http://new.scipy.org/Wiki/SciPy</i> -- nononsense
http://elitetrader.com/vb/showthread.php?s=&postid=965545#post965545
</blockquote><b><font color=navy>Gains</font></b>
It is more difficult for the losers in this forum to cheat on their intraday calls but
<b>a.</b> The gains are not worth the costs
<b>b.</b> There are other solutions to that problem:<blockquote><i>b.i.</i> Since that kind of problem happens in the extremely active <i>Trading</i> forum, there will always be at least one guy to notice and report the change;
<i>b.ii.</i> With a simple software enhancement we could have an additional timestamp at the bottom of the post for the LAST edit. I've seen that before.
<i>b.iii.</i> The people cheating on their calls are probably already on the smart people's <i>Ignore List</i>.
</blockquote>