Cyberspace-based chat rooms have a history going back to 1979, according to a 2007 PC Magazine article. In this new millennium, chat rooms discussing just about any topic under the sun now exist. The stock chat room, to use just one example, is a ubiquitous gathering place for investors of all experience levels. Ensure you arm yourself beforehand, though, with knowledge of how a chat room works as well as what you may encounter while in one.
Technically known as "synchronous conferencing," chat rooms range from those hosting real-time online chat to bulletin board-type versions. A stock chat room, for instance, may allow its users to carry on running conversations in the moment, meaning conversations among users are instantaneous. Real-time chat rooms can be a hectic experience for the uninitiated, however, and chat between users can occur at a dizzying pace.
For a number of good reasons, online chat among people living in the world of stocks and investing tends to take place through bulletin board-type rooms. The bulletin board chat room features conversation, or posts, made by members that are screened by moderators prior to their publication within the room. Stock chat room participants themselves have gained a reputation for intensity and even obsessiveness. As a result of their nature, members of chat rooms dedicated to investing, stock, bonds and other activities tend to have their posts screened prior to posting, usually as a precaution by site moderators.
Generally, stock chat room members are members precisely because they love to discuss stocks and other investments. When participating in any chat room, keep in mind its intended topic or subject matter and try not to wander too far off that topic. For example, if you're in a chat room set up to discuss Widget Company's stock, try not to overly discuss the new car you just bought last week.
In the chat room world, refusing to stay on topic can earn you a poor reputation among other users. A chat room user with a reputation for aimless talk or chatter may end up socially ostracized within the room or possibly even banned by site administrators. Additionally, a place like a stock chat room may require users to have a certain level of experience before entering. When looking at a chat room, consider whether you have the experience needed to engage other users in useful or informative chat.
The stock chat room environment tends to attract all sorts of people, including those engaging in pumping or intense touting of a given stock. Sometimes, participants within a room set up to discuss this-or-that stock might even be paid to hang out and expound on the greatness of that stock, usually to irrational or illogical levels. A stock that's being pumped up typically exceeds the price-per-share the markets have rationally set for it. In addition to being an immoral practice, stock pumping is also illegal under certain circumstances.
Stock pumps are usually followed by stock dumps. Once a pumped stock's price has risen to certain levels shares are dumped on the market, enriching sellers and leaving many buyers with stocks worth far less than their purchase price. The odds of encountering pumpers in a stock chat room are diminished if that room is moderated or watched over by site administrators. Unmoderated chat rooms set up to discuss stocks may see far more "pumpers-and-dumpers," however.
There are numerous investor-type websites on the Internet that boast of a comprehensive stock chat room experience. Some websites dedicated to investing in stocks are far better than others. Various subsets of stock market investing, such as in options trading, also exist. Before participating in any chat room, including those dedicated to stocks, it's smart to learn a bit about the topic, if only to avoid a pump-and-dump scheme.
Technically known as "synchronous conferencing," chat rooms range from those hosting real-time online chat to bulletin board-type versions. A stock chat room, for instance, may allow its users to carry on running conversations in the moment, meaning conversations among users are instantaneous. Real-time chat rooms can be a hectic experience for the uninitiated, however, and chat between users can occur at a dizzying pace.
For a number of good reasons, online chat among people living in the world of stocks and investing tends to take place through bulletin board-type rooms. The bulletin board chat room features conversation, or posts, made by members that are screened by moderators prior to their publication within the room. Stock chat room participants themselves have gained a reputation for intensity and even obsessiveness. As a result of their nature, members of chat rooms dedicated to investing, stock, bonds and other activities tend to have their posts screened prior to posting, usually as a precaution by site moderators.
Generally, stock chat room members are members precisely because they love to discuss stocks and other investments. When participating in any chat room, keep in mind its intended topic or subject matter and try not to wander too far off that topic. For example, if you're in a chat room set up to discuss Widget Company's stock, try not to overly discuss the new car you just bought last week.
In the chat room world, refusing to stay on topic can earn you a poor reputation among other users. A chat room user with a reputation for aimless talk or chatter may end up socially ostracized within the room or possibly even banned by site administrators. Additionally, a place like a stock chat room may require users to have a certain level of experience before entering. When looking at a chat room, consider whether you have the experience needed to engage other users in useful or informative chat.
The stock chat room environment tends to attract all sorts of people, including those engaging in pumping or intense touting of a given stock. Sometimes, participants within a room set up to discuss this-or-that stock might even be paid to hang out and expound on the greatness of that stock, usually to irrational or illogical levels. A stock that's being pumped up typically exceeds the price-per-share the markets have rationally set for it. In addition to being an immoral practice, stock pumping is also illegal under certain circumstances.
Stock pumps are usually followed by stock dumps. Once a pumped stock's price has risen to certain levels shares are dumped on the market, enriching sellers and leaving many buyers with stocks worth far less than their purchase price. The odds of encountering pumpers in a stock chat room are diminished if that room is moderated or watched over by site administrators. Unmoderated chat rooms set up to discuss stocks may see far more "pumpers-and-dumpers," however.
There are numerous investor-type websites on the Internet that boast of a comprehensive stock chat room experience. Some websites dedicated to investing in stocks are far better than others. Various subsets of stock market investing, such as in options trading, also exist. Before participating in any chat room, including those dedicated to stocks, it's smart to learn a bit about the topic, if only to avoid a pump-and-dump scheme.
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Looking to find the best information on options investing? Make sure you visit the stock chat room.
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