OK, let's summarize. So far 3 posters agreed that 10 minutes were sufficient, 2 needed more time. I have a simple question:
Give me one very good reason why would you want to edit your post 50 minutes after you posted?
If you didn't notice a big mistake in 10 minutes, will you after 40 more minutes? Seriously, this is a messageboard, an international one, so grammar and spelling is not that important. We can read you guys with misspelled words or broken grammar... By the way, I am not a native English speaker either...
CORRECT INFORMATION, THAT IS important! If it was a political or religious newsgroup, I wouldn't care how much you edit your post 2-3 hours after you posted, but since this is a TRADING messageboard, DATA is important. PRICE, VOLUME AND TIME, that is.
If posters can edit up to 60 minutes, several of the threads become irrelevant.
You want to edit your posts? How about READING them FIRST, before posting?? I know, strange as it sounds, but it is possible!!! You can actually read what you have just written BEFORE sending it into cyberspace.
If you have something new to add, just post a new one. End of story.
And you say the market moves in 10 minutes? Of course! But it moves even more in 60 minutes, so your point is actually my point....
But I am flexible, so let's leave the 10 minutes limit for a few weeks and see how it works. After all the 60 minutes has ruled for a few years, so we should give a chance to the new rule...
P.S.: I am also OK with no editing. Again, editing is possible BEFORE you post....
