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Internet Social Networking Finally Comes to Stock Traders

Nicholas Collard | Fri, 10/17/2008 - 12:42pm | Day trading, Internet, Social Networking |  139 comments

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Here's a great example of where the internet and money come together nicely. I stumbled across StockTwits.com and have now decided that this is one of the greatest online companions an eTrader can have.

The idea behind this site is the same as Twitter.com. It's essentially nothing more than an online text messenger that allows you to update friends on your status throughout the day. The difference being that this site is pitched to the trading community and messages are focused on stock moves.

The site doesn't have many features, and I love it for that. The beauty is the simplicity. Messages are short and allow a person to read at a glance several interesting bits of stock information from various sources. The structure and design is professional and just snazzy enough to pull in the hipsters as well. Who knows, something like this might not only pull traders into social networking, it might pull social networkers into trading as well.

Here is the video from the homepage of StockTwits describing the idea and intention of the site. It's definitely worth playing around with.


What is StockTwits? from Jon Labes on Vimeo.

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