The StockTwits Edge: 40 Actionable Trade Set-Ups from Real Market Pros
Howard Lindzon, Philip Pearlman, Ivaylo Ivanhoff
StockTwits has emerged as the leading stock market social networking site, providing traders and investors with a vehicle to exchange ideas and receive real-time market insights. StockTwits is a “farm club” for talent, the American Idol of Finance.
One of the biggest secrets on Wall Street is that to become consistently profitable, you need to specialize in a distinct setup. A setup is a combination of factors that need to align in time and space in order to produce a buy or sell signal.
In The Stocktwits Edge, both well-known professional traders and lesser-known individual traders, describe their highest probability setups. Throughout the book, you will get acquainted with various market methods in terms of time frame and asset class. There is something for everyone. Some of the best traders on Stocktwits guide you through how they find profitable ideas on a daily basis and how they manage risk. They not only explain which factors are important, but also why they are important.
While there are many factors involved in successful trading and investing, the ability to identify profitable situations is paramount. This book will help you achieve that goal.
It’s been often observed that anyone who invests in the stock market needs to have a very strong sense of humor….indeed; no truer words were ever spoken.
And the truth is, Howard Lindzon took that observation quite literally. Indeed, Howard’s creation — Wallstrip.com — has become just that – a total melding of humor and investing, or as the New York Times observed about Wallstrip – “It’s Squawk Box meets Saturday Night Live.” Wallstrip.com pulls in between 5 and 7 million visitors a year, and the show’s rabid following includes stock market enthusiasts, venture capitalists, traders, and others who tune in to hear, see, and talk about what’s happening in the markets.
In THE WALLSTRIP EDGE, Howard Lindzon shows readers how to profit from his straightforward investment philosophy — a unique trend watching philosophy that makes Wallstrip.com such an amazing phenomenon, including how to look at trends from a different perspective, knowing when to buy a certain stock, how to hold it, and of course when to sell. It’s all done using the power of the Internet and your own instincts. It’s a surprisingly simple (and fun) strategy that works, and best of all, you don’t need to be a financial genius to make it work for you.