From the Inside Flap
The Internet as we know it has changed many things for stocks, markets, and finance in general. The "social web" and advances in technology have helped create tools and platforms that are empowering traders and investors, and allowing them to capture consistent profits along the way.
StockTwits® has emerged as the leading stock market social network, providing individuals with a vehicle to exchange ideas and receive real-time market insights. Made up of over 100,000 people from all corners of the world, trading thousands of instruments, StockTwits is all about crowdsourcing the best ideas and talent, and that's exactly what you'll find here in this new book.
Created by StockTwits cofounder and CEO Howard Lindzon and his colleagues Philip Pearlman and Ivaylo Ivanhoff, this unique guide is comprised of over forty contributed chapters from both well-known professional traders and individual traders who have attracted a following on StockTwits. While some of the people you'll meet have been trading for years, others have been in the business for just a short timebut each has an amazing focus and belief that if you can master one thing well in the markets you can succeed.
In The StockTwits Edge, each trader and investor presents his/her favorite setup in detail, highlighting
the underlying psychology and real examples for better understanding of the rationale behind each step, including risk management. You will learn how to use their approach to find new ideas yourself.
Divided into seven comprehensive parts, this reliable resource covers a wide range of topics that can help improve your trading endeavors, such as:
The art of trading
Whether you trade every day or every so often, the ideas found here can help you make the most of your time in today's markets. Armed with each contributor's favorite setup, you can excel on your own or visit the StockTwits website and gain real-time insights into leveraging the wealth of information contained within these pages.
From the Back Cover
Praise for The StockTwits Edge: 40 Actionable Trade Set-Ups from Real Market Pros
"Howard Lindzon has tapped into a unique talent pool: He has 'crowd-sourced' the task of figuring out who the up and coming traders and fund managers are via social media. Unearthing the next Stevie Cohen via social leverage is a fascinating concept. Kudos to Lindzon for figuring this out long before most of Wall Street even knew what the hell Twitter was."
—Barry Ritholtz, President of Fusion IQ, author, Bailout Nation
"The perfect book for traders, whether new or existing. It is fast, fun, and smart; with something for anyone who wants to understand how their trading peers can help them secure their financial future."
—Paul Kedrosky, Entrepreneur, editor, Infectious Greed
"I affectionately regard my friend Howard Lindzon as the Larry King of social media. He and his talented team at StockTwits created an online Grand Central Station for active traders. This book showcases some of the many talented traders you will find on the 'stream' daily. For those interested in learning a variety of ideas on how to trade stocks, The StockTwits Edge is a great resource."
—Mark Minervini, Stock Market Wizard, 1997 U.S. Investing Champion
"I wake up, I have coffee, I exercise, I read, I write, I go on StockTwits to get stock ideas, I then make money with them. I eat. I sleep. Repeat."
"StockTwits is a truly unique community where thoughts, opinions, and ideas on economics, finance, and trading are shared, debated, and sometimes even agreed upon. Its users are passionate about their involvement and this real-time conversation is built on the simple idea that markets are a social eco-system—an ever-changing wealth of information. The StockTwits Edge exemplifies this collective passion and breadth of knowledge."
—Allan Schoenberg, Director, Corporate Communications, CME Group