In fact I use the “StockTwits Social Media Mentions” filter as one of the hits for my scans in ETRADE Pro. It’s an aggregation of traders exchanging ideas, identifying trends and sharing any edge they can find on the market. This can be considered the “trending” section as it shows stocks with increased (or decreased) levels of social activity. Alternatives to StockTwits for Web, iPhone, Android, Windows, iPad and more. StockTwits is a social media platform designed for sharing ideas between investors, traders, and entrepreneurs.The company was co-founded by Howard Lindzon and Soren Macbeth in 2009. Messages like the ones below (which are common on most streams) hold little value. The site is made by Ola and Markus in Sweden, with a lot of help from our friends and colleagues in Italy, Finland, USA, Colombia, Philippines, France and contributors from all over the world. Motley Fool Review – Is the Stock Advisor Program Worth the Money? iPhone The concept of financial message boards sounds great in theory but rarely works in practice. StockTwits aggregates the data, making it far more valuable. The company received the first annual Shorty Award in the 2008 finance category. StockTwits faces the same problem. Just look at how many posts a single company in the niche has posted since joining in April of 2016: While it’s impossible to avoid this issue completely, it would be nice to see StockTwits crack down on it a bit more. Android Trusted. Traders can follow each other, share/like/repost messages, and more. We created the $ prefix for stocks (e.g. StockTwits does a great job of aggregating data and creating visual representations through heat maps. What Are Qualified Expenses For A 529 Plan (And What Doesn’t Count)? To do this, many or all of the products featured here may be from our partners. Why is the Scutify Trending 20 Index so unique and important? Linux Ivaylo Ivanov is a trader, author, and thought leader in swing trading strategies. Once again, it is hard to combat this issue on social networks, but the ability to filter messages based on the credibility of a user would be nice. What Is A 529 Plan and Where to Open One in Your State, How Much Should You Have In A 529 Plan By Age, How To Use A 529 Plan For Private Elementary And High School. Free Like Stocktwits, Scutify also integrates with Twitter. This kind of promotion … The reason for mentioning the critiques is because I think the site could be 10x more valuable with some tweaks. Home » Chat Rooms » StockTwits Review – Is It Worth The Time? Windows The site can also be used as an entertaining financial social network. Insightful. That said, there are many news sites and trading services that tag tickers and simply link to their own site in hopes of gaining exposure. StockTwits does have a list of official accounts, but many of these are brands, and most messages in the ticker streams do not come from these accounts (from my experience). Overall, StockTwits is still a quality website. Once your account is created, you'll be logged-in to this account. Our opinions are our own. Currently, I would define StockTwits as more of a social network than a trading tool. The only metric that can be used to gauge the credibility of users in StockTwits is the follower count, which is definitely not the strongest indicator. Learn from other stock traders and get new ideas. Twitter simply allows traders to share messages and organize them by cashtag. Traders can add watch lists, tag their messages as bullish or bearish, and utilize a variety of convenient features. They will continually delete your account! Unlike clunky message boards, the system was simple and well-organized. $AAPL) into “streams,” making it easy to find ideas and information. Stocktwits is the largest social network for finance. It's possible to update the information on StockTwits or report it as discontinued, duplicated or spam. Web $AAPL) that we all know and love today. Android Tablet For example, streams can be organized by: Themed streams (such as trending) can be helpful for idea generation and the streams can be viewed in browser or popped out as their own windows. At The College Investor, we want to help you navigate your finances. The list of alternatives was updated Oct 2020. The second major issue with StockTwits is the inability to determine the credibility of the users. Created by StockTwits, Inc. StockTwits is a real-time social network for investors and traders. StockTwits provides streams of real-time messages that can be organized by a specific ticker or a general theme. The company was also named one of the "top 10 … High quality exclusive application based social network platform for stock investors. If you’re looking for actionable trading information without the noise, you should consider joining a trading chat room. At its core, StockTwits is a social network designed specifically for traders. Android Business Loans | Guide To Small Business Loans, Online Loan Companies To Borrow From Home, The Best Credit Cards To Maximize Travel Rewards, The Best Travel Credit Card Reward Strategy. Stock Market Quotes, Business News and Financial News from the leading provider MarketWatch.com, wholly-owned subsidiary of Dow Jones & Company, Inc. Get instant access to all your business and finance news, market data and portfolio tracking tools from the most trusted source financial professionals around the world... TD Ameritrade combines innovative trading technology, easy-to-use and understand trading tools, investment services, investor education and outstanding client service to... Freemium While you can use the basic cashtag functionality in Twitter, StockTwits is much more organized and “trader friendly.” Let’s dive into some of the features. AlternativeTo is a free service that helps you find better alternatives to the products you love and hate. Credit Repair Explained: Should You Pay For Help? The streams are far too noisy to be as valuable as they could be for active traders or those looking to do research. It became clear during our research for this Stocktwits review that the primary benefit to the Stocktwits app as a service was to be used in conjunction with high-powered trading services. The site is home to over one million members who share trading and investing ideas in real-time. In this sense, StockTwits acts like a “social scanner,” helping you find stocks based on social activity. Search for stocks, explore trending tickers and follow links to the stream of a related stock or an individual user. Like us to follow the best stock market news. Over his trading career, Dave has tried numerous day trading products, brokers, services, and courses. Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. ... Just click the button up to your right! He focuses primarily on technical setups and will hold positions anywhere from a few minutes to a few days. Dave has been a part-time day trader and swing trader since 2011 when he first became obsessed with the markets. When you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. He continues to test and review new day trading services to this day. Maybe you want to be the first to submit a Bullseye Trades Review – A Look At This Options Trading Service, Heat maps and aggregate social data are great for idea generation, Platform is well-organized and easy to use, If you already use Twitter for trading, StockTwits won’t deliver too much additional value. Android Simply put, there’s very little room for constructive conversations. The stream itself is pretty simple. My opinion. iPad The heat maps can be used to explore popular sectors and find the most active stocks within those sectors. Charles Schwab Review – Is This Discount Broker a Good Option? Android Tablet There is also some valuable information embedded in the streams, but there is far too much noise to make this a “go-to” research tool. You can share ideas and sort through messages. Mac StockTwits is a financial communications platform for the financial and investing community. The point of these lists are to help people find the best market thinkers for insights, education, and more.
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