9 Social Networks For Budding Stock Trading Millionaires

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Trading has always been either a lone-wolf endeavor, or a competitive group smash-up that looks like a rugby scrum.

The typical image of the daytrader is a guy or gal who sits at a messy desk stacked with pages of charts and graphs and who continually sips on highly caffeinated drinks. The daytrader stares at a screen and every few seconds clicks on the mouse, tallying another winning trade.

Another image is the trader in the pit. Juiced up on coffee and pepto-bismol, the pit trader screams and flashes what look like gang symbols  all day to make and lose money.

None of these stereotypes are very inspirational for people considering stock trading as a viable wealth generator. But, thanks to the Internet and the continual acceleration of technology, there’s a new way to look at trading: communal, cooperative, and collaborative. Social networks for stock traders are growing.

Here are nine of the most popular stock trading social networks and social bookmarking sites that have investors and traders in mind. (And please let me know if I missed any! Add them to the comment section.)

Tip’d

Tip’d is an investor’s Digg. But it isn’t just for investors and traders; its social link sharing service has lots of links to blog posts and articles about personal finance, real estate, innovation, and other business-related topics.

Zecco

Zecco is a low-cost brokerage. But it’s one of the first to recognize that trading is a social occupation. The brokerage built a community to share ideas and pass along insights.

Stockpickr

Stockpickr doesn’t just let you know what the average investor is thinking; you can see what moves other famous investors–like Warren Buffet–are making.

MoneyVidya

Trading and investing is a global business. MoneyVidya is an Indian stock-trading network.

Stocktwits

Take twitter and add traders and you got Stocktwit. It’s a fun approach to collective intelligence for traders.

iStockAnalyst

This site lets users read and submit articles about trades and investments.

Trader Planet

Described as “a one stop shop for stock market beginners,” Trader Planet also features a community and provides “news, research and training for professionals and seasoned expert.”

Tickerheads

Tickerheads is a community for trading ideas and social network for traders and investors.

Feed the Bull

Feed the Bull is a social bookmarking service that allows people the opportunity to add links to articles and blog posts about investment and trading issues.

16 thoughts on “9 Social Networks For Budding Stock Trading Millionaires

  1. myjini

    Here is one more stock trading social network site, zoodak.com. It is hosting a tournament style virtual stock trading game based on stock trading social community.

  2. matt Post author

    Myjini–
    Thanks for the link and addition to the list. This is a great site!
    Do you have anything to do with Zoodak? I’d like to write about it in an upcoming post.

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  4. Adam

    I’ll chime in with http://www.sprinklebit.com – in open beta right now, but a new social trading site that’s combining social networking and stock trading. Currently operating as a virtual trading site and preparing to launch as a full-fledged broker/dealer in a few months. Allows you to track other traders and see motivations behind particular trades. Highly interactive and adding more helpful features every day. Also adding some pretty robust interactive education. Think Code Academy for stock trading.

    Disclosure: I work for SprinkleBit. And while this might seem like a shameless plug, I figured I’d jump into the mix.

    Great list here. Didn’t know about Tip’d or FeedTheBull. Checking them out now!

  5. Marco

    Hey George,

    My name is Marco and I work for Investingoal, an online Social Trading education platform.

    Just wanted to give you a heads up that on our website you can find a Social Trading course. That’s high-value content, unique in the market, and 100% free!

    Keep up the awesome work!

    Cheers,
    Marco

  6. Nirav Juneja

    an online community of Indian stock Investors, with community stockideas, ranked portfolio and blogs.

    Bringing investors in India closer to each other and encouraging sharing and collaboration of knowledge, thoughts, ideas and conversations.

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