MidwayTrades is on Mastodon

I realize I haven’t blogged in a while. I get a lot of projects going and with a day job it can get a bit crazy. This is one of those side projects I’ve been working on for a while now. The idea is to combine two things I really like: trading and alt-tech. As you know, I tend to be more active on alt-tech platforms than the ones from traditional big tech. So I stream my videos on BitChute and GabTV rather than YouTube. I use Gab rather than Facebook. I do use Reddit a bit so there are exceptions but I’m pretty limited in the subreddits I join over there. Another alt-tech project I’ve had my eye on for a while is called Mastodon, which is an open-source decentralized version of Twitter. Literally anyone can set up an instance of Mastodon and have to talk to any other instance of Mastodon out there. So you can join an instance and follow and talk to people on other instances. This is known as “federation” and has lead to the term “Fediverse” describing the world of Mastodon instances. But because it’s decentralized, no one entity owns it. Because it’s open source, no one entity controls it. This appeals to me quite a bit.

Ok, enough of the tech talk. What does this have to do with trading? I have set up my own Mastodon instance at social.midwaytrades.com. So if you are already on any instance of Mastodon, you can follow me. If you aren’t but are interested, you can join my instance. Right now, all new accounts will be approved by me, but that’s mostly because I’m still learning this stuff too. But I welcome anyone who would like to try this to join my instance and see what this stuff is about.

Why Am I Doing This?

So that’s all well and good but what’s the point? My goal here is to create more ways to talk to people about trading. So I plan to put out content (called “Toots” instead of Tweets) when I open, adjust, or close a trade. I still will do my weekly review videos, but if folks are interested in something a bit more real-time, this is one way to get that. And it’s another way to get discussions going. For example, I did open a trade today. Here’s what I put out:

A “toot” announcing a trade open.

These read from the bottom similar to Twitter. But as you can see, I not only say what I opened, but I try to talk about the reasons as well my plan as well. My hope is that these can be used as an example for those learning to trade…and, of course, lead to more discussions.

So if you’re already on Mastodon, feel free to follow up at @midway@social.midwaytrades.com. Or if you’d like to try it out, stop by the server sign up and look around. I’d love to hear from you.

Now I need to get back to blogging about trading..I will do that I swear!

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