Twitter while you trade

According to an article in the Financial Times, stock traders are turning to Twitter to connect with other traders and learn a thing or two about how traders are now operating in these difficult and uncertain economic times.

Some details:

Twitter is resurrecting in cyberspace the teeming trading pits of yesteryear as traders sign up with the the social networking site to reconnect with global counterparts.

StockTwits is one of the most popular ways for traders to track relevant discussions on Twitter, including stock trends.

Traders tweet their opinions about a stock with its ticker and a dollar sign which is then picked up and displayed by StockTwits' own website.

About 90,000 people have signed up to the site, many of them day traders.

Some 15,000 actively contribute while the rest listen in.

See Twitter gives traders voice in virtual open outcry by Jeremy Grant and Tim Bradshaw.

3 comments:

sirvan said...

Damn! twitter is now rocking its way...

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