iBankCoin
Joined Nov 11, 2007
1,458 Blog Posts

Farewell, My Friends

It is with great regret and trepidation that I tender my resignation from iBankCoin. This decision is not an easy one and is not one that I made hastily. I feel it is in the best interest of the iBankCoin brand, and in the best interest of my family.

As most of you know, I work full-time, outside of the financial industry. Near the end of 2007, it became very difficult to blog and trade from work. To do so regularly, threatens my employment. Making things even more hectic, I have received another promotion, and it will require more time in the evenings. Also, my wife and I have two children, and we have an older child coming in August to move in with us.

As for the regular visitors to my blog, my traffic has held steady, and is nothing to laugh at. However, it is obvious from watching the traffic stats of other iBC bloggers that what the audience wants is copious amounts of posting. I have simply run out of time to blog with the frequency necessary to drive traffic. This is unfair to the other bloggers, as we all depend on each other to keep the site fresh.

I am giving up a lot here, and it is a bit painful. The site is on the verge of some fantastic wins, and I will likely have “sold at the bottom,” if you will. I will miss all my friends, and especially my iBankCoin internets family. The Fly is God. Period. Danny, Cajun, ADawg, Adam, and King Peanut, I will truly miss working with you all.

As for my readers, I am humbled at the numbers of you that turn up every week to read and consider what I have to say. Thank you…Blogging here has been fantastic, mainly because of all that I have learned from my regular readers. The wisdom in your many comments has made me a much better trader.

I do plan on opening another blog, at some point. Nothing special…Just a place to post some charts, discuss some strategies, etc. It certainly will not be updated daily, and it will likely have a stupid .blogspot or .wordpress address. When that time comes, hopefully The Fly will give me a link-whore, just like the old days, and you all can stop by and say hello.

Best wishes to you all, and may you always bank egregious coin.

Woodshedder

p.s. Should there be anything added to this post, it is on the Fly, playing his games. I am not a violinist.

If you enjoy the content at iBankCoin, please follow us on Twitter

61 comments

  1. ARISTOTLE

    Damn dude, sorry to hear that. You were the first blogger I found here off a google search. Really enjoyed your posts. I do however understand the work and family issues. Good luck in the future, the Fly is losing a good man. I’d love to check out your new blog when it’s up.

    Thanks alot for your contributions

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. KC Trader

    Bonne chance et meilleurs voeux!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. DannyW

    Wood, a sincere thanks for your time and insights, and best of luck in the future. DW

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. Mac

    Best of luck – I always enjoyed reading your technical analysis of the markets and see how my interpretations stood up. Family always comes first though.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. Dogwood

    Shedder,

    I checked the calendar and we’re not even close to April 1st, so I guess this is a serious post.

    Suck.

    Needless to say, I have greatly enjoyed and benefited from our collaboration and discussions on various trading systems. Your tab was always my first stop in the IBC network and I will miss reading your insights on markets and stocks.

    Good luck with the promotion and enjoy your time with the family, but please don’t take too long before launching a new blog!

    Take care.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. Tyler

    Get out! Your blogging section is the one I frequent the most because I need to place trades before I get to work. You’re insight has been invaluable. Truly a terrible loss. I’d take your posting only few times a week vs multiple times a day.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. boca

    Shed! This makes me sad, although we’ll aways have CPHD. I have to trust you are doing the right thing for yourself and your family. You know I will always want to read whatever you write on stocks, don’t forget the infamous Peanut Gallery too. If you have another blog one day I’ll be expecting my email invite. Take care.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. mdawsz

    Long live Woodshedder.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. gwar

    take care. Hope they don’t make you grow a mustache

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. BOOMER

    Congrats on the promotion.

    I thought you were going to say you were headed to the woodshed to practice your alternate picking, ’cause Lordy it needs work!

    Nah, just kidding. I hope you won’t disappear. See you in the comments section!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. Dinosaur Trader

    Woody,

    Welcome back to the third-tier, brother.

    -DT

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. OA

    is that my tab?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  13. Danny

    DT you have the worst blog known to man in the history of the written word. no joke. The only cool dude was Ms. Trade, and thats cuz he was a robot. You have never once posted anything that made anyone money, ever. Shed on the other hand has a large number of times. He is several tiers above you, always.

    Shed, I sincerely hope this is some kind of weird Virginian custom, and that you are joking.

    If not, that sucks. Good luck, but serial, wtf are you thinking? I guess you outlined that. Nevermind. Damn.

    Why not do what Tyler said?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  14. GW

    Wood,

    Taking yourself out back to the shed is not what I expected from your fine work. Minus the famous tops and bottoms.
    Congradulations on your promotion. Hoping it is a meaningful endeavor for you.
    Looking foward to your whore-link.
    Peace

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  15. buylo

    Bon Voyage Woodrow, we will miss you, let us hear from you from time to time. And thanks for the memories.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  16. Danny

    yeah, at least tell your new colleagues about this “site you found full of useful shitstuff”

    You can take the Shed out the iBC, but you can never take the iBC out the Shed.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  17. Doug Williams

    Thank you Wood. You’ve made me money over the past few months.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  18. The Fly

    Thanks for all the fucking charts you provided for me. I laughed many a night over how much you believed in them.

    Seriously, you will be missed.

    Video pending.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  19. InternationalGroupie
    InternationalGroupie

    sad to hear, try to post once every weekend in the peanut gallery ’cause your expertise, based on what i have seen, in TA is one of a kind.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  20. Employee8

    http://www.youtube.com/watch?v=6zk5bpBovd8&feature=related

    Wood,

    Unless you’re 47 1/2, your main source of income and providing for your family always come first … know you are doing the right thing!

    Always looked forward to your TA and willingness to offer an opinion and help. Don’t bank any wooden nickels now …. enjoy this twopher on your behalf …

    http://www.youtube.com/watch?v=Sm3QoCoPwdM&feature=related

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  21. BOTD

    woody,

    to infinity and beyond!

    we love your charts, hope to see them again soon…

    but alas,

    life is more important. the internets is a fade. you are the man. congrats.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  22. The Fly

    Actually, he is making an egregious error, without knowing it.

    When iBC is “microsoft big,” Woodcheddar will remember this day and likely drink himself to sleep.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  23. Dinosaur Trader

    Danny,

    WTF? I meant “third-tier” as a term of endearment… not taking anything away from “The Shed.” But I’m sure he understood.

    You must be huffing on some Pledge or something.

    -DT

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  24. Danny

    its like making a joke at a funeral. uncouth.

    plus, how can he join you? he is quitting blogging, no?

    I mean, to part time blog at another joint and not here would be egregious.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  25. The Fly

    When I die, I will require everyone to throw pineapples at eachother, since my coffin will be one big pineapple.

    Failure to do so will result in their names being removed from my will.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  26. JakeGint

    Wood,

    This one hurts, man. This is a uniquely Southern-New York melange site, and you were a huge part of that. Now all we have left is the Cajun to hold down the Dixie fort, as Southern California simply does not count (sorry Danny).

    Needless to say, neither does Southern Dakota (sorry Jeremy).

    That said, it’s egregiously important that a man of your integrity, tenor and mettle stays in the industry you’ve chosen, as there are far, far too few of you presently therein.

    So with heavy heart, I say “Godspeed” and continued success on your path.

    Off to drink Woodford Reserve, in large quantities, and then strangle an emu in your honor.

    Jake.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  27. mrkcbill

    Shed–Congrats on the promotion..I know we’ll see you in the comments section…You and Fly have a cool Johnny Carson Ed Mcmahon[sic] thing working in the comments section, please come around and keep that fucker honest.
    No doubt we are losing a Godly Blogger. VIZ

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  28. chivasontherocks
    chivasontherocks

    Wood,

    i will miss you. your integrity, your dedication to perfecting your craft was inspiring. at times, you actually made me think more than once about my own outlook. i am sure you will succeed in all of your endevors.

    p.s. if this game or art form is in your blood, you will return, and if you do, you will be better than ever.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  29. alphadawgg

    Woody,
    Wow! You just bowled me over with a tennis ball. I am in shock…….!!

    Regardless, it goes without saying that we, the remnant tabbed bloggers, the PG, and everyone else here will miss you and your “chart chomping” posts. You possess a high level of investment acumen to bank some major coinage whether or not you blog @ IBC, so keep pushing yourself onward.

    I know we can count on you to drop by every so often. Let us know when you get around to setting up your new blog, and we’ll all try to crash the server. Btw, if you want “egregious.com”, it’s available for a tidy sum.

    All the best to you and your family. You’ve made a godly decision.

    AD

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  30. Q4

    Bravo

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  31. Hybrid

    We will miss you Wood.

    Good Luck.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  32. CubsRock

    No wonder The Fly was being a bitch all day 🙁

    Going to miss your charts Wood.
    Take Care.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  33. iio

    I hope you realize, you quitting is really going to disrupt my flow of my blog-browsing. Seriously, your blog was always one of my favorites for its honesty and genuineness. If you don’t reconsider, make sure you give out the address of your new blog!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  34. cuervoslaugh

    Vayas con Dios mi amigo.

    Best of luck to you and your charts will be solely missed.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  35. Zenprofit

    Woody:

    You are a Class Act. Best of Luck.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  36. calvino

    Too bad you had to leave Woody. Don’t be a stranger and good luck with everything you do in the future. I am sure I’ll see you around though. I never imagined you in a suit though, playing a fiddle. That was shocking.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  37. Gunners

    Woodshedder,

    I feel you man. good luck with the promotion, thanks for your help.

    Gunners

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  38. MarketRaider

    Well that sucks Woody, reading your back woods ‘coon huntin’ ass was always entertaining and educational. With you gone there is less now to balance Fly’s insanity. Anyway at least I can still be entertained by watching Fly’s gloating crechendo before the market kicks him in the nuts. Take care and good luck.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  39. nullpointer

    wood-

    very, very sad to see you go – your posts were consistently top notch, and i read each and every one of ’em.

    best of luck to you in all that you do!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  40. TraderCaddy

    Wood- Just read the goodbye. I enjoyed reading your posts. Good luck to you and as you are discovering the kids, no matter how old they are, always come back. The trick is to sell the house and move into a studio so there is no room (we haven’t done it yet).

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  41. Jimmy Rogers

    Shed,

    Great stuff. Enjoyed it.
    Best of luck.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  42. Big Mike

    Best of wishes…Wood

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  43. BPOE

    Much respect to a great guy and trader. May the trading Gods be with you!!!!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  44. Prospectus

    Good luck, Shed. I’m with you on the “not enough time to post like a banshee” front, but your content was orders of magnitude better than mine.

    Enjoy your new offspring!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  45. Woodshedder

    Wow…Thank you all so much.

    I really am speechless at the outpouring of support.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  46. Pudfucker

    I hope you got a nice bump in pay with your promotion so you can afford dental work and a close shave. Your avatar is frightening.

    Congrats and good luck.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  47. sniper6

    promotions suck. Don’t do it! AAAhhh shit, good luck anyway.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  48. Aris

    damn, wood, i’m going to miss talking about ETFs with you. 🙁

    congrats on being promoted at work, though. good deal.

    hope to see you around the bend.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  49. Steve

    I enjoyed reading your posts.

    Best of luck to you.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  50. Hattery

    wow, that certainly came as a shock to me. I’ve always enjoyed your posts, regardless of how infrequent they may have been at times. It was always great to have a “chart chomper” like you around.
    You will certainly be missed.

    Congratulations on the promotion, and good luck to you and yours.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  51. Justin

    This sucks.

    I would take a post once a week over nothing.

    I guess OA will take over.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  52. Anton Cigur

    Damn, Wood, thanks for everything and all the best with the new gig/promotion.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  53. Jeremy

    Best of luck to you.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  54. Brad

    Good luck shed!

    Bring in OA!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  55. admin

    Just know, the stocks Gods love me. Moreover, they punish those who fall out of my favor. Remember Boomer’s lenten dishonour?

    Remember MBRK.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  56. bhh

    You will be missed more than you know and have had a tremendous influence on many. Congratulations on your success and thank you for your generosity with your time and knowledge.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  57. richard

    Thanks for all the charts and Ta.

    Best Wishes

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  58. punyandy

    Dead to us.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  59. DPeezy

    Back from my extended vacation to such unexpected developments! Where am I going find now ‘class A’ chart analysis on this site?? Inconceivable!

    Good luck with everything…look forward to any & all future posts whenever/wherever.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  60. PJ

    thanks for the great analysis. best luck with everything.

    • 0
    • 0
    • 0 Deem this to be "Fake News"