Let’s get started. Stocktwits is a social media site based around stock trading. It shows the prices of stocks, and you can add certain stocks to your sidebar to keep track of their price action. It also acts sort of like twitter; people can go on to the page of each stock, and post a comment. This way, you’re getting the entertainment value of reading people’s reactions(like when a stock suddenly drops, or when it suddenly goes up), as well as educational value. While rare, there are posters who give valuable information about a particular stock; for example, explaining why the price action of the day, or evaluating a company’s earnings reports. Often, people post useful charts describing what important price points exists, like support or resistance. You can read them and improve your knowledge of stock chart reading! A stock’s show page will also contain significant information to help with deciding on whether you should buy/sell a stock, such as the sentiment tracker, which will chart out what people in the stocktwits site are thinking about a site(if they’re optimistic or pessimistic).
You can also look at the trending tickers, to see what stocks are getting everyone’s attention. There’s also a direct message system; stocktwits really is a social media site!