in wizard101 charecters could trade so on pirate could we trade gold and armor and make sue they get what they want
There is a bazaar in game now (in the commerce section of Skull Island) so you can use that. In W101, you could only trade certain treasure cards, if I remember correctly, but not gear or anything else. Since P101 doesn't use cards at all (the card packs don't count as they are really item packs), there's no precedence for them adding a feature like this. In fact, it's more likely they will never add this feature.
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I think this post is referring to the fact that some items cannot be exchanged between pirates on the same account. For example, Friar Sands gourd or Lo Pan's hat, has to remain with the pirate that won the item.
I find this annoying. the "No Trade" item is not a helpful feature. I understand the "No Gift" idea (Cannot exchange with strangers) , but no trade is not really a nice thing. I think trading between family members should also be allowed (read as "exchange between main and sub accounts", like crowns can be exchanged)