Trading Netflix – the Power of Collaborative Equity Selection
- July 5th, 2012
$NLFX is a top trending ticker on StockTwits today as the stock has gained more than 14% as of the moment of writing.
Countless ideas are being shared on StockTwits daily. New traders get the opportunity to immerse themselves in the process of more seasoned market participants and with that to accelerate their learning curve. Experienced traders come and bounce different ideas off each other and at the end of the day, allocate money to the best setups.
The stock market is one of the few business fields where you don’t have to be original to make money. There is nothing wrong in following other people’s good ideas, but you have to make them your own by adjusting for the risk your account could take.
NFLX is one of the latest examples of the power of collaborative equity selection. The stream turned bullish on $NFLX for a trade on Tuesday.
Some shared their entries and exits directly
Others highlighted an opportunity and shared a plan of action
Third, shared links or insights about possible catalysts behind the move
There is something for everyone.
Note: all messages are in Pacific Standard Time as I am located on the West coast.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.blog comments powered by Disqus
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