New shiny slice the pie thread

darlo_fan

@ koolmummy & dwjohnno81

please read the last 20 or so pages of this thread, also the forums on STP, and most definitely the FAQ, because if you dont know that v = vouchers then you are really expecting other people to do your work for you.

juliesg

sometime i dont understand this accuracy lack how can i go from 89.99%-89.65% when im the 1st scout

darlo_fan

juliesg wrote: »

sometime i dont understand this accuracy lack how can i go from 89.99%-89.65% when im the 1st scout

your accuracy is over a 30 track spread, so your accuracy will change based on the other 29 tracks.

jasonwatkins

i didn't scout at all today .. i really couldn't be bothered. Although I must confess that over the past week or so, i've really had to get motivated to scout quite a few times - maybe doing nearly 6,000 songs has ground me down a bit

sarahs999

I've really dropped the amount Im doing. Just not feelng it at the mo... and I have to admit the poor pay rates are not a great incentive.

jasonwatkins

sarahs999 wrote: »

I've really dropped the amount Im doing. Just not feelng it at the mo... and I have to admit the poor pay rates are not a great incentive.

i don't think the pay rates have bothered me though - i've just not been as motivated to do it probably for the same reasons as you. just not feeling it.

although it's daft really because i've heard some really great stuff on the site as well.

i suppose if you could make around £10 a week trading, you wouldn't need to scout

sarahs999

Yes but... I don't understand trading! :rotfl:

I did read the gumf but it seemed all too much based on risk and long-term gain... or have I got that wrong?

lauraj87

Hi all - Going to be signing up for STP today and just wondered how much you can earn etc? Have had a look on the site and it's pretty vague - do you listen to a whole track then rate it?

Many thanks in advance

jasonwatkins

sarahs999 wrote: »

I did read the gumf but it seemed all too much based on risk and long-term gain... or have I got that wrong?

well sort of .. it took me enough time to understand it.

the principle is this ..

you pick an artist who you want to trade in and see how much the contract is currently selling for - let's say for the sake of argument 55p

so you think "ok, i'll put in an offer to buy those contracts when they hit 50p" so you say you want to buy 5 contracts at 50p, which will allocate £2.50 from your trading account.

if those contracts hit 50p, then you automatically buy them.

then, you basically sit on them. once they start going back up, and above 50p, then it's up to you when you want to sell them - if they go up to 60p, you make a total of 50p profit from your £2.50 outlay.

That's basically it - you can build a portfolio of a number of artists i guess to increase your profit potential, and i think if you laid out something like £10 - £20 quid on a single artist, you've got more of a chance of making back a larger sum.

jasonwatkins

lauraj87 wrote: »

Many thanks in advance

Ok, read back about 20 pages in this thread, and read the FAQ on the website, as well as their forums. They really will help you immensely and answer a lot of questions, but a few tips ..

you have to listen to the first 60 seconds of each song before you can start writing a review and the first £5 you earn will be in investable vouchers, which is what the "v" stands for by the money value.