To make informed decisions and maximize online trading activity, brokers, traders, and other online investing professionals need to stay educated and up to date on the latest industry news and developments. To help you stay ahead of the game and save you some valuable time, we created a list of the top 20 trading forums, publications, and resources you’ll want to check out. In this article (part 1), we cover 10 out of 20 of the best such resources, so you’ll be able to get them on your favorite list quickly, and rest assured that you got the news front covered.
Note: Resources aren’t listed in any particular order, and their placement does not indicate a preference.
BabyPips has been around since 2005 and is popular among the retail FX trading community. They aim to serve as an introduction into the trading industry, sharing various resources with traders looking to make their trading cost-efficient or for a beginner’s guide to currency trading. They offer tips, tutorial-style blog posts, and free tools, as well as forums where beginners can receive advice from industry veterans.
#2 TradingView| Twitter: @tradingview
TradingView offers basic charting, analysis, and research solutions, but it also operates as a social network for investment traders on all levels of expertise and experience. In their social community, traders can interact and learn, share ideas, and work together to improve their skills.
#3 Forex Factory | Twitter: @ForexFactory
Forex Factory is a social network geared towards seasoned industry professionals. Their vast range of forums gets plenty of traffic, with some threads being continued for over ten years, with over one million replies and comments. In addition to forums, they also offer news and market information, and their economic calendar has a well-earned reputation for being one of the best in the industry.
With over 1.5 million members, r/wallstreetbets is a forum found on the Reddit social media site in which members share their investments, gains, and losses. The forum offers daily trading discussion threads and threads discussing industry trends, fluctuations, and more. Recently the forum has even been shown to influence market trends and temporarily influence stock prices.
#5 Stock Twits | Twitter: @Stocktwits
Stock Twits is a financial social network with the largest population of online investors and traders and a forum with blogs and threads for financial experts to share prices, market sentiments, and discussions on developments and changes in the market. With a user base of millions, the app allows users to stay up-to-date on the latest changes in futures, stocks, crypto, and forex – free of charge.
#6 Elite Trader | Twitter: N/A
With over 250,000 discussion threads and 100,000 members, Elite Trader is a social network designed to allow financial traders the space to discuss new developments, share relevant news, and trade tips for financial trading. In addition to their forums, there are also other site sections such as broker reviews, software reviews, book reviews, and options analysis.
#7 Morningstar | Twitter: @MorningstarInc
Founded in 1984, Morningstar provides users with educational articles, access to their independently conducted research, and investment advice and analyses from over 150 professional analysts. Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private capital markets, debt securities, and real-time global market data.
#8 Stockaholics | Twitter: @bigbear0083
Stockaholics is one of the younger financial forums around. While it is still a newcomer to the financial forum scene, its community is fast-growing and extremely active. In addition to containing discussion forums and chat options, Stockaholics also has it’s own live and streaming financial charts.
#9 Trade2Win | Twitter: @trade2win
Trade2Win is a highly active trading forum, which trades in UK shares, US stocks, options, index futures, forex, and commodities. With over 250,000 members and 1.6 million posts, the community is highly active in posting discussion threads, reviews, and articles. The site also provides an event calendar that can be adjusted to suit your time zone.
#10 TradingQ&A | Twitter: @tradingqna
TradingQ&A is a question-and-answer forum open to discussing all subjects regarding stock markets and trading. With threads discussing investment ideas and offering trading advice, as well as an active community, TradingQ&A gives users a space to give and receive financial trading advice.
That’s all for now. Stay tuned for more resources you’ll want to check out on our next article of Top Resources for Online Investing professionals looking to Stay Informed- Part two.