Chat rooms have been a part of the computer world since at least 1979, according to one popular personal computing magazine. Nowadays, a chat room probably exists for almost any topic known to humans. A stock chat room, for example, is a common site on the Internet where investors of various experience levels meet to discuss investing in stocks. Before you enter a chat room for the first time, however, make sure you understand what you might run into.
Known to computer engineers as "asynchronous conferencing," an Internet chat room ranges from one offering instantaneous or real-time chat to slower-paced bulletin board versions. To cite one example of the type, a stock chat room's moderators or administrators may allow for instant real-time chatter among users, and the pace of talk can be quite hectic on occasion. A real-time chat room environment can be intimidating for those unfamiliar with it, unfortunately, with discussions occurring so rapidly new users might find themselves dizzy just trying to keep up.
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.
Before entering any stock chat room, keep in mind that its denizens are there to discuss stocks, bonds and other investment vehicles. While talk in a chat room may wander away from that room's prescribed topic, too much wandering is discouraged by site moderators and even other users. If you're discussing XYZ Company's stock, for example, don't suddenly begin discussing how your favorite NFL team did in last week's big game.
Chat room participants that just can't seem to stay on-topic quickly earn poor reputations among other room denizens, and can even end up completely excluded from future chat, or even banned by moderators. Some stock chat rooms even require a bona fide experience level among prospective members before allowing them to enter those rooms. When you're considering joining a chat room, think about whether you have the requisite skill needed to intelligently engage long-time members in substantive discussion.
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 dumping normally follows stock pumping. Once a stock's share price has reached a desired level, owners of that stock will dump their shares on the markets, making themselves sometimes-significant money while leaving buyers holding the bag, so to speak. A moderated or administered stock chat room tends to see fewer stock pumpers, fortunately. Stock pumpers-and-dumpers, though, may constitute a depressing majority in some unmoderated or non-overseen chat rooms dedicated to investing and stocks.
Many, many investment and finance sites on the Internet offer some type of stock chat room or another. As with anything on the Web, though, some investment-type sites are far better than others. Additionally, you may find several subsets of investing, including options trading, offered by one or another chat room. However, before you even enter an online chat room dealing with stocks and investing, ensure you've learned a little about the subject matter, if only to avoid falling prey to a stock pump.
Known to computer engineers as "asynchronous conferencing," an Internet chat room ranges from one offering instantaneous or real-time chat to slower-paced bulletin board versions. To cite one example of the type, a stock chat room's moderators or administrators may allow for instant real-time chatter among users, and the pace of talk can be quite hectic on occasion. A real-time chat room environment can be intimidating for those unfamiliar with it, unfortunately, with discussions occurring so rapidly new users might find themselves dizzy just trying to keep up.
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.
Before entering any stock chat room, keep in mind that its denizens are there to discuss stocks, bonds and other investment vehicles. While talk in a chat room may wander away from that room's prescribed topic, too much wandering is discouraged by site moderators and even other users. If you're discussing XYZ Company's stock, for example, don't suddenly begin discussing how your favorite NFL team did in last week's big game.
Chat room participants that just can't seem to stay on-topic quickly earn poor reputations among other room denizens, and can even end up completely excluded from future chat, or even banned by moderators. Some stock chat rooms even require a bona fide experience level among prospective members before allowing them to enter those rooms. When you're considering joining a chat room, think about whether you have the requisite skill needed to intelligently engage long-time members in substantive discussion.
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 dumping normally follows stock pumping. Once a stock's share price has reached a desired level, owners of that stock will dump their shares on the markets, making themselves sometimes-significant money while leaving buyers holding the bag, so to speak. A moderated or administered stock chat room tends to see fewer stock pumpers, fortunately. Stock pumpers-and-dumpers, though, may constitute a depressing majority in some unmoderated or non-overseen chat rooms dedicated to investing and stocks.
Many, many investment and finance sites on the Internet offer some type of stock chat room or another. As with anything on the Web, though, some investment-type sites are far better than others. Additionally, you may find several subsets of investing, including options trading, offered by one or another chat room. However, before you even enter an online chat room dealing with stocks and investing, ensure you've learned a little about the subject matter, if only to avoid falling prey to a stock pump.
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