Social Media as a Source of Leads for Day Traders
Day trading can be a lonely life, especially if a newcomer is looking for advice and networking opportunities. Fortunately, there are social networks and dedicated groups of traders at all levels that can supply tips, tricks and a supportive network of fellow traders. Here are a few helpful options to get started.
Information Social Networks
There are several free social networks designed for collaboration among traders and investors. For those who are just getting started, it’s best to start with the better-known sites, such as:
Social Networks for Trading
There are also social networks where traders can make trades. It might be worth the fee for the information and tips. Of course, the accuracy and quality vary from site to site. Here are a few that have been around for a while.
Being a day trader can be lonely and nerve-racking. Even though every other investor in the market is technically the competition, there has to be collaboration on some level. Opening a dialogue with those of like interest has always been a great way to do business.
Social media offers a productive way for traders to meet, help one another and form communities that have real value. Unlike a 9 to 5 job, you can express yourself openly and honestly via private messaging or on the network itself.
If you’ve recently made the decision to pursue day trading part-time or full-time, it can’t hurt to see what these sites have to offer. It doesn’t cost anything to check them out after you’ve set your bid and ask targets for the day.
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December 11, 2018 at 07:50AM