StockTwits on Time Magazine’s Top 50 Websites of 2010
- Posted by: StockTwits, August 25th, 2010 at 11:25 am
- Comments: 0
I was completely surprised this morning to wake up and see StockTwits on Time Magazine’s Top 50 Websites of 2010. Each year, this is a great list, and to be in such great company is absolutely humbling.
I would like to thank every member of the community for helping to make this possible. Each day we are simply amazed at the talent and idea flow that goes on in the community. It’s truly astounding. We are hard at work to continue to build great tools to empower our community members and foster the transmission of financial ideas. Thanks for being so awesome!
“The Web is Dead” Interview Series on StockTwits TV
Earlier this month, Chris Anderson and Michael Wolff put out an article on Wired, The Web is Dead. Long Live the Internet. In this piece, an obituary of sorts for the world wide web as we know (or knew) it, they argued that simpler apps are quickly replacing the web browsers that we have used for many years. We decided it would be great to get some of the best thinkers on the web on StockTwits TV over the next two weeks to discuss this concept with Howard Lindzon.
The result was incredible. We had some tremendous discussions on the future of the web, and how and where to invest in it
The Web is Dead Series kicks off tonight at 5pm and 10pm ET with Chris Dixon, Cofounder of Hunch and early-stage web investor. The full schedule for this week is below:
Monday (8/30/10) at 5pm ET & 10pm ET: Chris Dixon, Cofounder of Hunch and early-stage web investor.
Tuesday (8/31/10) at 5pm ET & 10pm ET: Fred Wilson, VC and principal of Union Square Ventures.
Wednesday (9/1/10) at 5pm ET & 10pm ET: Seth Levine, Managing Director, Foundry Group.
Thursday (9/2/10) at 5pm ET & 10pm ET: Brad Feld, Managing Director, Foundry Group.
Friday (9/3/10) at 5pm ET & 10pm ET: Eghosa Omoigui , formerly with Intel Ventures, now Angel Investor
We look forward to what should be a very thought provoking 2 weeks. If you ever miss an episode, you can catch them in our archives.
The Seven Habits of Highly Effective StockTwits
We are often asked the question: “How do I get on the Suggested List?”. While there is no straightforward formula, there are some qualities that the best people on StockTwits share. Phil Pearlman wrote an epic post a while back, “Just Be Awesome”:
You want to be awesome by generously providing the best information in a way that is captivating and to do so consistently over time.
It doesn’t matter what you are selling, if you have an area of expertise then share it and then keep on sharing it. If you can’t communicate effectively then find someone in the organization who can.
Twitter provides the potential to impart information with a global audience for every vertical no matter how narrow and as a result organically promotes meritocracy.
Just being awesome will bring you credibility and trust and everyone who is interested in your field from customers to potential customers to journalists to prospective employees will become aware of your awesomeness and seek you out over the long run.
You will build brand.
Phil touches upon the broad. Let’s delve into the more specific.
The Seven Habits of Highly Effective StockTwits
Habit #1: Unique
Effective StockTwits bring something unique to the table. Whether their specialty is option volatility, technical analysis, market news, or energy, they come to StockTwits with something new and original that adds value to the community.
Back in Ancient Greece, the Agora was the center market and meeting place in town. Merchants would come from all over the world with goods, but also with stories of far away lands, which brought people to the market. StockTwits is the Agora of the financial web. Effective StockTwits will come to the our Agora with the best and most unique financial “stories” and expertise to share.
Habit #2: Transparent
Social Networks, whether online or in real life, rely on trust and transparency is the foundation upon which trust is built. Transparency not only means being open but also accountable. Transparent StockTwits realize that the best guys are wrong 49% of the time and have no problem taking losses or acknowledging when they are wrong. Two great examples of this are @johnwelshphd and @Legacy_Trades.
Habit #3: Brevity
In Hamlet, Shakespeare writes, “Brevity is the soul of wit“. The most effective StockTwits say the most with saying the least. This doesn’t mean sharing less, but sharing only the information that you feel is material. Effective Stocktwits don’t tweet every little market thought, but nearly every market thought they share is of value and is actionable. A great example of this is @OptionRadar, who has a great signal to noise ratio.
Habit #4: Listeners
Effective StockTwits are great communicators and great communicators are great listeners. This means listening in on the conversation going on, whether it be for a particular symbol or stream, and adding value. If you’ve ever had a conversation with a poor listener, they are repeating things that have already been mentioned or talk constantly about themselves. Listeners are users of StockTwits first, and understand what type of information a user is looking for. Great listeners enhance a conversation, and since StockTwits is a real-time market conversation, effective StockTwits are fantastic listeners.
Habit #5: Constructive
Markets are stressful. Sharing a virtual trading floor with others who are under stress can sometimes be a difficult situation. The most effective StockTwits are those who are constructive – they help improve the situation for all. Whether this be adding useful information, a bit of humor, providing help, or disagreeing with someone in a friendly and helpful manner, constructive people help keep the StockTwits virtual trading floor running smoothly and effectively. Great examples of this are @ReformedBroker and @TraderFlorida.
Habit #6: Timely
StockTwits is a real time platform, so those who are timely with information are definitely effective. Whether this be sharing an economic release, some volume breakout, or any piece of market-sensitive news adds a ton of value. Some great example of timely StockTwits are @oktobernv, @Street_Insider, and @BreakoutBeacon.
Habit #7: Go Beyond the Trade
While there are certainly some great traders on our site, the most effective ones go beyond the trade. Nobody should follow anyone blindly, so just tweeting trades or entries and exits is of limited value. Everybody’s style, timeframe, and risk tolerance differs so those that add the most value are the ones who give color to their trades and ideas. Color can be in the form of providing a setup, trade characteristics such as stop and targets, as well as simply some actionable research with a take on it. Everyone should have a reason for getting into a trade, the most effective StockTwits share that reason with the community.
While not every great StockTwits has all of these traits, most have some. I’m sure we left some off, so please feel free to chime in and add to the list.
Subscribe to our RSS FeedThe Latest
-
StockTwits on Time Magazine’s Top 50 Websites of 2010
StockTwits, August 25th, 2010 at 11:25 am, Comments: 0I was completely surprised this morning to wake up and see StockTwits on Time Magazine’s Top 50 Websites of 2010. Each year, this is a great list, and to be in such great company is absolutely humbling.
I would like to thank every member of the community for helping to make this possible. Each day we are simply amazed at the talent and idea flow that goes on in the community. It’s truly astounding. We are hard at work to continue to build great tools to empower our community members and foster the transmission of financial ideas. Thanks for being so awesome!
-
Introducing our Partnership with SecondMarket and Private Company Streams
StockTwits, August 27th, 2010 at 11:14 am, Comments: 0
Through a partnership with SecondMarket, the marketplace for illiquid assets, we are excited to deliver to our community at StockTwits the capability to comment on an entire network of private companies. We love what SecondMarket is doing, and are delighted to be able to provide a real time messaging and idea sharing and messaging platform for them.You will be able to find the Private Companies stream on the Stream Navigation Panel on the left side bar of the website.
Private Company Stream in Navigation Panel
To find a particular company’s’ ticker, simply browse through the Private Company Database and then tweet using that ticker symbol.
Browse through the Private Company Database
Once you find the ticker symbol, tweet about it and it will show up in the Private Company Stream
Each Private Company has their own symbol page, where you can easily view the tweets as well as view the company profile on The Business Insider, TechCrunch, GigaOm, CNNMoney, and TechMeme. Check out this one for $SKYPE:
Each Company gets their own symbol page where you can view company profiles across the web.
We are excited to be working alongside SecondMarket and can’t wait to see the conversation surrounding private companies blossom. It’s really going to be fun to see some of these great companies move from the Private Company Stream to the Public Equities Stream in the future!
-
Introducing StockTwits IR Beta
justin, August 20th, 2010 at 10:11 am, Comments: 0One of the great things about StockTwits is that it makes it so easy for those involved in markets to communicate and share ideas in real time. It levels the playing field so people can converse or just listen in on those who share their best thoughts.
More and more we are finding that companies themselves are joining in on the conversation as well which is simply amazing! We want to foster this and so we have built an Investor Relations platform. StockTwits IR will make it easy for investors to follow what the companies they are interested in are communicating and for companies to speak directly to investors.
.
StockTwits IRStockTwits IR fosters direct and public communication between companies and investors. It democratizes the conversation. It is an Investor Relations platform which aims to meet the demands of the companies, our community members, and the social web.
Verified Accounts
One challenge for companies on the internet and social web is trust. For example, how does one know if it is truly the company directly broadcasting its message. This is true especially in financial markets as rumors swirl. To address this we have created Verified IR accounts. The Verified account status allows investors to know for certain that the information is coming from the company itself and that it can be trusted. Each account verified by us gets a Verified IR badge and a green IR ribbon on their avatar.
Each IR Account is Verified by us and gets a Verified Badge
IR Updates Headline
With StockTwits IR we give the control of the StockTwits symbol page to the IR professional. One feature of this is the IR Update Headline, which sits on the top of the company’s symbol stream. This allows IR professionals to emphasize the message that they wish to send to investors. This is critical because as events occur and rumors proliferate, companies must be able to communicate with clarity in real-time.
- IR Updates Headline allows IR professionals to quickly and easily distribute valuable information to investors.
Earnings Calls and Presentations
In addition to being able to control the message you send, StockTwits IR provides companies a platform to post important information such as SlideShare presentations and earnings calls right on the StockTwits symbol page. Together with account verification, this empowers companies looking to both share information in a timely manner and communicate directly.
- Ability to post Presentations and Earnings Calls
- Communicate with real investors in real time
Admin and Analytics
StockTwits IR users will be have an Admin where they can customize their page and share documents and information with the public. They will also be able to access detailed analytics including visitors, mentions, and engagement. We plan on expanding the backend significantly adding more in-depth analytics and notifications in the future.
StockTwits IR Users will be able to manage their IR homepage through the Admin
Access analytics including mentions, page views, and user engagement
We are excited to have Hewlett-Packard ($HPQ), @hpnews, CME Group ($CME), @CMEGroup, and Ford Motors ($F), @Ford as early adopters of the StockTwits IR platform. $HPQ reports after the close today so be sure to follow them and check out their symbol page to see the platform in action.
If you are an IR professional and would like to learn more about this platform please check out our IR page to read our whitepaper and sign up.
-
Welcome John Lee & Charts Gone Wild Premium
ppearlman, August 10th, 2010 at 5:38 am, Comments: 0
Today marks the official launch of John Lee’s (AKA @WeeklyTA) Charts Gone Wild Premium Service on StockTwits.
Here, you will find a brilliant and dynamic mix of best trade ideas and education in real time as the market occurs and after hours.
John may just be, pound for pound, the best pure equities trader on StockTwits and so I have been truly honored to work with him to make this happen and to help him make sure the service would be killer.
He’s also a born educator, as you can see by his free posts and his StockTwits.TV program, who works tirelessly to make certain that his students, who truly want to be the best, get all the wisdom. There is no short cut as he pours himself into the endeavor.
The service includes premium blog posts which provide the best risk reward situations John can find, the trades he is looking to take himself, and he delivers them when he sees them. John looks through more charts in a day than most do in a week and his eye is so sharp that he recognizes potential winners inherently in a blink.
He is the original Chart Addict!
Charts Gone Wild also includes, and this is the heart of the service, a Live Trading Chat Room where John holds court by putting ideas out there, specific trades he is making, by following them up and by taking questions.
Its ridiculously good stuff.
You can check out Charts Gone Wild HERE where you can sign up for a two week free trial.
-
Introducing Like and Flag Features
justin, July 27th, 2010 at 12:10 pm, Comments: 0At StockTwits, we continue to work to build tools to help you both filter out information that you do not wish to see and discover new users that you would enjoy following. The newest tools to help accomplish this are the Like and Flag Features.
The Like Feature
The Like feature provides a way for users to recognize greatness as they see it on the StockTwits stream. If you see a tweet that is insightful, interesting, or just plain awesome, all you have to do is click on the Like button on the tweet:
All your Liked Messages will be saved in a new stream on your navigation panel, “Liked Messages”:
We have also created a Most Liked messages page that contains recent Most Liked messages . You can get to it at the top of the navigation panel:
This is a great place to discover new people to follow and find new ideas.
The Flag Feature
The Flag feature is similar to the Like feature except you can use it to alert us of any behavior that is violating our House Rules. This includes spam, pumping, penny stocks, or any other malicious behavior that detracts from your StockTwits experience.
To flag a tweet, use the gear box drop down menu on the tweet, and select Flag.
Once you have flagged the tweet you can enter the reason for it in the box that pops up. We will then receive notification and address the situation accordingly.
See a video walkthrough of both these new features below:
We have many cool features planned around this Like feature, so please give us your feedback on what you would like built.
Now get out there and start liking tweets!
-
SMB Capital & AlphaTrends Trading Workshop NYC July 31
ppearlman, July 13th, 2010 at 4:18 pm, Comments: 0For serious active traders, tape reading and technical analysis are like rhythm and melody.
To optimize edge, you need proficiency in both.
So bringing Brian Shannon (AlphaTrends) who is among the finest technicians extant and SMB Capital who are expert tape readers together for a comprehensive workshop just makes sense.
As such, Stocktwits is proud to sponsor a full day intensive educational experience in New York City which will combine technical analysis and tape reading to equip traders with the tools they need across the board to increase consistency and profits.
The workshop will run from 8:30 to 5:30 and include a hgh level of access from the experts and instruction.
Space is limited so be sure to register early!
You can find more information about the event HERE.
You can register HERE.
-
StockTwits Trending Tickers Now on MarketWatch
justin, June 22nd, 2010 at 9:48 am, Comments: 0We are excited to announce that the StockTwits Trending Tickers Widget is now on MarketWatch. The Trending Ticker Widget provides MarketWatch users a way to discover what tickers are in play and being discussed within the StockTwits idea engine. With one click, users can dive into the specific trending StockTwits stream and see why the symbol is in play and what our best are saying about it.
We’ve received lots of very positive feedback from our community regarding our Trending Tickers Widget which we’ve been running on our site for a while now, so we created a Trending Widget that is embeddable onto other financial websites in order to spur discovery in other venues. If you would like to embed this widget on your page you can grab the code here.
Thanks to MarketWatch for adding this feature to their already awesome website. MarketWatch continues to be a go-to site for breaking market news and now by leveraging the StockTwits community, they are adding another dimension of real-time market information.
-
The StockTwits $CBOE IPO Contest
StockTwits, June 15th, 2010 at 10:29 am, Comments: 0
Congratulations to our awesome partners at the CBOE on their IPO today. We’re lucky to be working alongside them and are sure they have lots of great new things planned as they transition to a public company.Now $CBOE has their own StockTwits stream, as well. You can check it out here.
In honor of the IPO, we have created a contest for all the options traders on StockTwits.
StockTwits $CBOE IPO Contest
Post an option related idea on the CBOE-Sponsored StockTwits Options Stream between now and tomorrow, June 16th at 4pm and we will select the best one to receive a nice StockTwits/CBOE Shwag Pack. For information on how to post to the Options Stream see this blog post.
Ideas can be in the form of a tweet, a blog post, a Chart.ly Chart, or a Chart.ly Screencast (extra brownie points for screencast).
Send us your best!
-
StockTwits® is an open, community-powered idea and information service for investments. Users can eavesdrop on traders and investors, or contribute to the conversation and build their reputation as savvy market wizards. The service takes financial related data and structures it by stock, user, reputation, etc. More »
-
Archives
