iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,471 Blog Posts

UNSCATHED

You ball jugglers can’t keep “The Fly” down. After enduring a 2% drop this morning (that’s -6% from yesterday’s top), the market reversed and raped every single short seller into the close of trade.

Aside from my own triumphs, closing the day up more than 1%, I am in awe of the talent being displayed here on iBC on a daily basis.

I realize they don’t get the traffic they deserve, mainly because so many of you are obsessed with the ongoings of Plutonium Petey–but you need to visit the other bloggers here.

ChessnWine has displayed a cool head this whole lift and manages the 12631 trading room with poise and professionalism.

Ragin Cajun is one of the best intra-day traders I’ve ever seen. The crazy part about that is he doesn’t manage money professionally. He smoked stocks daily inside of 12631.

Just when I thought there were no other intra day traders like Ragin Cajun around, The Option Addict joined the team. Does anyone trade the rips better than him, really? I’m gonna force him to get more active on the site. He’s too good to hide.

I’ve been friends with The Devil for about a decade, on and off. He’s always into deals, making things happen, filled with energy, and always right about the markets. He’s probably the luckiest guy you could ever meet. Listen to what he has to say.

Raul, Zenhunter and Caine have been killing it too. They’re all good traders with different styles.

If you like Forex, no one does it better than Forex Kong. The guy is literally insane. See for yourself. He’ll bit your brains out from your skull and drink tequila out of it.

For the first time since 2009, I am content with the content on the site. Everyone is hustling and killing their trades. While it’s treu, we offer premium services and your business is always appreciated, there’s also plenty of free advice to be absorbed on the site, especially helpful to the new traders out there. When you’re ready to invest a little time and money into your trading, come see us inside of The PPT and 12631. You will not be disappointed.

By the way, The PPT algos nailed the lows of the market this morning, to the very tick. Here is a chart of recent OS signals, compared to price movement in the SPY.
ppt

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39 comments

  1. clegger_2000

    What does “12631” stand for?

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  2. Forexkong

    Thank’s for the thumbs up Fly – great being a part of it here at Ibank!

    Great to hear you you guys are killin it!

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  3. Julz

    Pound for pound, the best financial website period, worth every penny. The 12631 and PPT is all you need, they the best fuk what chu herd.

    Keep up the good work gents!

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  4. BetaChaser

    So… you show highlight PPT signals that worked and ignore the ones that didn’t? Is that how it works?

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    • The Fly

      I didn’t make this particular chart. It is the list of recent OS signals, over the past 6 months.

      I posted the raw data today inside the room. It has been 100% accurate over the past 6 months.

      In the past, we’ve blown through many overbought signals, but the OS signal, since 2008, stands at 73% accurate.

      I’d consider that to be an edge.

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    • KRUSH

      ^Mad bearshitter

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  5. surplusdroids

    The content really is done well.
    Just this morning I was going to write a comment stating so.

    Lately, I have been checking out everyone. Thanks to all of the bloggers for a job well done.

    I will try to comment more on the various blogs.

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  6. Julz

    The free IBC website is more valuable than what the LARGE MAJORITY of “trading experts” on the internets charge for. Period.

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  7. Doug Kass

    The market never laid a glove on me. You do some covering into the morning sell off, and then re-short the sucker rally.

    More lows to follow.

    The Market has seen its Highs for the Year!

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  8. TeahouseOnTheTracks

    Hat tip to Chess for his timely call on the massive 8 pt gap up today in RUE!!!

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  9. Bullish

    Let’s not forget Senator Cement. He taught a good lesson on diversification.

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  10. jbran

    8 of 12 recent trades I have taken from this site have been profitable, & overall profitable. It is hard to buy the quality that is put out on ibankcoin. I will soon be moving into the 12631 room for the outstanding short term and long term advice which can be found there.
    Fly, you said you were unhappy with the site before bringing in the the additions you mentioned, you have done an outstanding job bringing on talent, great job there.

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  11. Stellio35

    Matt (RC) is a class act!

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  12. It Is Showtime
    It Is Showtime

    shorts are dumb, but bears will be right.

    Only so much interference/distortion/manipulation of a market before Something gives. Like japan mini crashing last night. Forcing a market so hard eventually something goes.

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  13. fake amish

    Godzilla caught the clap. All those housewives giving it up. It was inevitable.

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  14. neither faith not credit
    neither faith not credit

    Listen to this from 30 mins on. terrifying. Enjoy the weekend!
    http://www.corbettreport.com/interview-665-paul-craig-roberts-on-the-economic-dissolution-of-the-west/

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  15. Juice

    I agree .. the site is rocking now with the new additions

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  16. Mr. Partridge

    it’s a bull market…
    EZJ yep I am that crazy 🙂 samurai style

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  17. Tpain

    Honestly I get pumped up when visiting now because the content can turn you into a money machine.

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  18. Strongbow

    the addition of the Devil has reinvigorated my trading loins.

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  19. hattery

    Excellent Site “Fly”. Really great job building and maintaining such a wonderful community. I can’t imagine all the work it’s been since the “broker A” days at a blogspot blog.
    It’s come a long ways and it keeps getting better.
    I hope it’s worth all the work for you and all the “tabbed bloggers”. I certainly get value out of it.

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    • The Fly

      Thanks hattery. It’s nice to hear that from old school guys like you.

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  20. so richard

    Hey Fly I had a chance to visit PPT but I was expecting to see a chat room during trading hours. Is this sort of thing in the 12631?

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    • Tpain

      PPT has user notes. Not a fluid chat stream. You can still chat in there, but it’s ticker specific. 12631 is a fluid twitter-like stream that is a chatroom. It’s much more active and worth it in my opinion.

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    • Freebie

      Look – if you want to trade, lets say you pay $5 per trade, and do 5 trades a day, thats $125 per week or over $6500 per year The PPT and 12631 combined will cost a fraction of that.

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  21. fake amish

    Godzilla might as well just come out before the market opens and declare the closing print. Wtf is the problem over there?

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  22. Trading_Nymph

    Finally Italian 10 years are going back over 4%.

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  23. Doretha Zahri

    This is an article that is close to my heart… Cheers! Exactly where are your contact details located, though?

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