Is there a way to follow someone else when trading stocks online?
November 30th, 2009
I know nothing about how to trade online, or the stock market in general…..but there must be day traders who are doing very well. Is it possible just to follow exactly what they are doing by the second? Is this even possible, like a program that enables you to do this - or an option online?
Example: Joe Schmo is a known "pro" at trading. He makes a living doing so at Scottrade. Suppose you want to make as much money as he does by mirroring his trading behavior?
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Tags: amp, day traders, joe schmo, money, much money, quot, Stock Market, Stocks Online, trading stocks
Checkout stockhawk.net also. It can provide real-time stock alerts such as upward channels, pennants, new highs, etc. It monitors many stocks and gives you a wide range of options.
Yes there is. Try looking for trading chatrooms where they have traders call their trades live as they make them. You may have to lurk in these chatrooms for some time to find the real winners from the noise.
There are chatrooms that cater to specific sectors, stocks, etc. You may have to sift through a lot of chatrooms before you find one that suits your needs. There are free chatrooms, and there are those where you have to pay a fee.