As noted by a 2007 article in PC Magazine, the Internet-based chat room has been a common part of the cyberspace experience since 1979. In this century, a chat room can probably be found for most any topic that has even a single fan. A stock chat room, to cite an example of the genre, is an extremely common fixture on the World Wide Web, offering chat for users of differing skill and experience levels. Before you decide to become a member of a chat room, though, always ensure you know just what you're getting yourself into.
Technically known as "synchronous conferencing," chat rooms range from those hosting real-time online chat to bulletin board-type versions. A stock chat room, for instance, may allow its users to carry on running conversations in the moment, meaning conversations among users are instantaneous. Real-time chat rooms can be a hectic experience for the uninitiated, however, and chat between users can occur at a dizzying pace.
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.
Once a stock has been pumped the logical next step is to dump it. Once a stock's share price rises to a predetermined level, holders of that stock will dump their shares on the market, thereby increasing their profits while buyers end up purchasing stocks not really worth the prices at which they were bought. Fortunately, a stock chat room that has a strong moderator or administrator presence tends to discourage stock pumpers from hanging out. Chat rooms dedicated to stocks and investing and that don't also have moderators may see a greater number of pumpers-and-dumpers, though.
There are numerous investor-type websites on the Internet that boast of a comprehensive stock chat room experience. Some websites dedicated to investing in stocks are far better than others. Various subsets of stock market investing, such as in options trading, also exist. Before participating in any chat room, including those dedicated to stocks, it's smart to learn a bit about the topic, if only to avoid a pump-and-dump scheme.
Technically known as "synchronous conferencing," chat rooms range from those hosting real-time online chat to bulletin board-type versions. A stock chat room, for instance, may allow its users to carry on running conversations in the moment, meaning conversations among users are instantaneous. Real-time chat rooms can be a hectic experience for the uninitiated, however, and chat between users can occur at a dizzying pace.
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.
Once a stock has been pumped the logical next step is to dump it. Once a stock's share price rises to a predetermined level, holders of that stock will dump their shares on the market, thereby increasing their profits while buyers end up purchasing stocks not really worth the prices at which they were bought. Fortunately, a stock chat room that has a strong moderator or administrator presence tends to discourage stock pumpers from hanging out. Chat rooms dedicated to stocks and investing and that don't also have moderators may see a greater number of pumpers-and-dumpers, though.
There are numerous investor-type websites on the Internet that boast of a comprehensive stock chat room experience. Some websites dedicated to investing in stocks are far better than others. Various subsets of stock market investing, such as in options trading, also exist. Before participating in any chat room, including those dedicated to stocks, it's smart to learn a bit about the topic, if only to avoid a pump-and-dump scheme.
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