Cryptoaware

What is StockTwits?

StockTwits is the largest social network for investors and traders. The StockTwits platform was established in 2008. Its main goal is to bring together private investors and traders for the purpose of communication, training, increasing trading performance and sharing experiences. It is the largest financial social network with more than 3 million registered users.

StockTwits streams real-time market data from Xignite and BATS BZX, delivering news and a heat map. More than 5 million messages are published monthly on the resource, and the active audience exceeds 3 million people. StockTwits is a desktop and mobile app with Twitter-like features. (“StockTwits (Stock Twits) Review 2022,” n.d.)

Registered users share short informational messages about a specific asset using so-called #$cashtags. Other members search for important information using various filters and navigation tools. StockTwits prohibits abusive behavior towards others, spamming and posting non-financial information with #$cashtags. The application menu has been modified to provide extremely accurate and up-to-date information that is directly related to trading.

StockTwits pre-screens User Content for offensive, obscene or vulgar content. At the same time, the rules of the site prohibit users from posting materials that violate the intellectual property rights of others. Company representatives do not advise on investment strategies or financial products.  (“Working at Stocktwits: Employee Reviews and Culture,” 2020)

Advantages of StockTwits:

  • Free access to the information platform from almost any device, such as tablets and smartphones;
  • Opportunity for private traders and investors to communicate, share news, tips and tricks in real time.
  • After authorization and installation of the application, you can send messages to other active traders of this broker;

Disadvantages of StockTwits:

  • Limited number of useful services and lack of tools useful for Forex traders
  • Insufficient modernization or protection against spam and junk mail.

Services:

StockTwits is not only a social network for communication between investors and traders, but also an information portal full of useful services. The functionality of the desktop and mobile applications is simple and clear and is organized in such a way that every visitor can enjoy their stay here to the maximum.

  • Messages
  • News
  • Ratings
  • Rooms

StockTwits affiliate programs:

StockTwits is a social network and information source with no affiliate programs. Members of the platform can earn additional income only as a result of increased interest in their services and products after placing paid advertising on stocktwits.com.

StockTwits tools

StockTwits provides traders with several tools to enhance trading quality. After registration, you will have access to the earnings calendar and heat map. Robinhood clients can link their brokerage account to the StockTwits platform.

Earnings calendar

StockTwits publishes an interactive earnings calendar. It allows you to view information about companies that report revenue. This section shows data about the income scheduled for the current week. By default, reporting companies on StockTwits are listed in descending order of popularity.

Robinhood compliance

All Robinhood broker clients can link their accounts to StockTwits. Joining this option allows you to track your portfolio of assets as well as buy or sell stocks.

Heatmap

StockTwits users can compare a large number of assets in the stock and foreign exchange markets in real time. A heat map is a graphical representation that shows the upward movement of securities or the downward movement of costs, which is important in analyzing market sentiment. The map can be adjusted for a specific time interval. The tool is located in the Evaluation section.

Stocktwits.com personal account

You can create a personal StockTwits account both on the company’s website and in the mobile application. To create an account, go to https://stocktwits.com/.

Here you will be able to see for free what real investors and traders are saying in real time about the stocks, crypto, futures and forex you care about.

References:

StockTwits (Stock Twits) Review 2022. (n.d.). Retrieved July 11, 2022, from tradersunion.com website: https://tradersunion.com/interesting-articles/stocktwits-review/

‌ Working At Stocktwits: Employee Reviews and Culture. (2020, May 18). Retrieved July 11, 2022, from www.zippia.com website: https://www.zippia.com/stocktwits-careers-1400677/

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