Websites For Traders  |  OCT 2003

Websites For Traders: MoneyTec by David Penn

Websites For Traders: MoneyTec by David Penn MONEYTEC.COM The Internet revolution has brought many opportunities to the desktops and personal digital assistants of traders and investors of all types — from novices looking for better ways to limit their exposure to equity downturns, to daytraders who survived both raging bull and agonizing bear markets, to market veterans who are finally forcing themselves to use any one of the many online, web-based charting services instead of plotting out all their price points by hand. But one of the more overlooked aspects of the Internet revolution is the way that it allows traders to share ideas, insights, observations, and war stories. The pump ’n dump chatrooms of the late 1990s, in some ways, gave this aspect of the Internet a bit of a bad reputation, as more than one chat-room trader was caught propagating real-life pump ’n dump schemes in little-known stocks with small floats.

by David Penn