I have some text already written, and I want to select a word and then make it a link. Instead of a simple link, I want the link to have an alias, which would be the word that I have selected.
Have a look at Link with alias plugin, which is available since today. I made it exactly for the purpose and it helped me to create about 1700 links during 3 days of conversion of plain text to kind of personal wikipedia. I hope it helps you too 