“Good tools stay sharp, hold an edge.” –Bob Flowerdew, The No Work Garden
After a very long day of toiling with my people, working on another lucrative project for the house of Raul3, I sat down to my Minority Report touchscreen laptop and immediately directed it to iBankCoin, naturally. I love reviewing the new Best of iBankCoin weekly series. Seeing my name listed beside people who for years I’ve held in the highest regard gives me a satisfaction beyond earning coin. I read this site in silence for two years terrified to comment and look like a piker or worse yet receive banishment.
There is so much talent within these halls and when I see my top two posts providing very specific and actionable trades I feel like I’ve done my job. But what is my job as a blogging trader? I know my job as a trader. As a trader my job is to buy and sell stocks, ETFs, futures, or options when I have an edge backed by probabilities. It’s important for me to trade high win-rate situations because it keeps me confident. A low win rate setup can be profitable if the winner outsizes the losses to a large enough degree, but I don’t know if I’ll be around for the winner. And worse yet, the setup’s edge may have broken and it will be expensive for this to become clear. I like high win rates and I’ve digressed. What I need to understand is where my edge lies in blogging as a trader.
As I do with any situation, I first attempt to apply logic and dig into the data. What gets read the most? When do the most interactions (comments/retweets/etc.) occur? I can say without a doubt my morning review of the S&P 500 market profile is a flop. You guys are either too tired, too confused, or bored beyond words after reading those posts because you say NOTHING. But I won’t give those up; they’re part of my trading edge.
What does work?
Talking about America – TALKIN BOUT MERCA, shyit. Talking about America positively or negatively gets people talking. People love talking about America. It’s like gossip hour at jezebel.com (puke) here at iBC.
Citing specific stocks in the blog title – Your time is precious, so is mine. When you want actionable ideas you like to judge a headline by its title. I can respect that.
That’s about all that works for me. So I hone my skills in The PPT, putting Fly’s robot brain to work for me to dig up very specific stocks ready to make very specific amounts of money. And I write about them. Check out my two entries in this week’s Best of iBank Coin post. They’re very specific.
Therefore my only edge in this blog game is being right on my trades. I can’t seem to charm you with literary wit or commentary couth. So I’ll continue to be right early and often. Don’t hesitate to read along and tell your friends.
I’ll reiterate: I deal in high probability trades. These are the tools my good friend Mr. Flowerdew referred to.
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Good post. keep up the good work, we do read your posts 🙂
Thanks Tex, glad to hear it.
ditto..Tex
but that ‘Art of Flight’..pretty much made me ((SICK))..
I have NO edge there..;/
Maybe you haven’t been on fresh powder Sooz, it makes all the difference.
It’s more iceboarding than snowboarding in MI so you have to want it.
My sibs and I use to go out west in my youthful daredevil days.
I gave it all up years ago after nearly pulling a Sonny Bono..truth.
Never have I been dropped from the sky..yeow!
So you know 😉
Yes, those guys take the sport to incredible levels.
I don’t want literary wit or couth from you. The Fly oozes with wit, couth, and humor seldom seen in these times. Any attempt at a style similar to his is futile. Give me what you’re good at and makes you unique. You seem passionate, enthusiastic, intelligent, and dead set on being right. Figure out how to make it work for you. And for god sake, more Jeff Goldblum.
I’m dead set on being right in my approach, which means I should be wrong in my trades about 30% of the time.