Isn't it that what we all want? To generate above average
returns? There are many techniques and many gurus teaching them. Some of these
work, some don't. Some work only on trending markets, some only during bull
markets.
After
a while, traders and investors become adapted to a particular trading method,
or develop their own. Some traders have above average returns, some have above
average loses, and thus the benchmark market we all want to beat is born.
What's important is to remember that we are trying to be above average.
My
idea when creating www.tradingurus.com was that being "above average"
when trading the markets is a too tall order for any individual trader or
investor. With that in mind, I wanted to create a new concept in trading sites.
A site where the collective knowledge of the community of traders is filtered,
processed, and utilized for achieving extraordinary results. I think that
mathematically it is a sounder concept than that of the individual trader
trying to rise above the median.
How are we different?
First,
our user interface is ugly, and it was described by Killer
Startups as looking like an "underground technology forum"
(trust us, we are working on that).
Besides
that, the main difference with other free sites where you can turn for market
opinion, or for improving your trading skills, is that those are electronic
magazines with user participation. Professional writers publish their articles
and you are fed "their knowledge", of course, you can always leave a
small comment that is going to be forgotten with the article. When you think of
it, is a really passive concept. And if you are looking for higher returns I
bet there is nothing passive about your attitude.
Moreover,
since those articles follow the principles taught in journalism schools around
the country, they do not age gracefully. There is no follow up to the ideas,
there is no way to go back one year from now and learn something from them. At
www.tradingurus.com we aspire at something different, a dynamic, alive body of
knowledge contributed by the market participants. Many voices and many ideas
with a clear structure for discarding the information that is "not working",
will create a higher level of understanding of the markets.
It's a Wiki! It's a social! It's a forum! It's a blog! No, it is
www.tradingurus.com!
Our
concept is to provide users the tools to share knowledge. You can think of
www.tradingurus.com as a Wikipedia for investing ideas and techniques, and a
YouTube for market calls, a FaceBook for meeting traders, and a Blogger for
financial rummages, and a free forum.
If
you are technology savvy, you will have noticed that our site is built on Open
Source technology. We think that the Open Source model for ideas driven
products is sound and effective, and we want to be an Open Source repository of
trading ideas and concepts.
We are trying to be a lot, because we think
that beating the markets takes a lot.
We
have been live for just two months, and our traffic ranking during those two
months increased by about 1000%. The number of registered users has increased
by even a larger percentage. We wish we could buy stock on our traffic ranking!
We
think the growth is due to our giving something to our readers. And we expect
this growth to continue. As it does, we want to meet new people and discover
new ideas. www.tradingurus.com is about improving our results, but it is also
about improving ourselves.
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Last update : 12-03-2008 06:25
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