Your conversation gets listed with other conversations. You share short tweets or half-sentences about a stock using the $Cashtag to link the stock to your statement. If you’ve used Twitter, you’re familiar with how StockTwits works. It is a great way to find out what’s going on in the market and what others are talking about before buying stocks online. Today, the platform has over 5 million members and over 200,000 conversations daily. These are tags for each stock, much like the other social media platforms you’re likely used to using. StockTwits users tag their posts with $Cashtags. The posts can include links to charts and articles by professionals, but you’ll see the blurb by the poster. Instead, it focuses on short blurbs of information to help investors talk, make decisions and collaborate. You won’t find full-blown articles or long-form tips on the platform.
The idea behind StockTwits is to bring together like-minded investors to swap ideas and information about trades in real-time. It’s a social media platform for traders.
StockTwits is like Twitter, but for investors.
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