Stocktwits TV: filter noise & find value

Sharing a cool "After Hours" episode of Stocktwits TV (8/18/2009) with Howard Lindzon & Steve Gomez, aka TodayTrader.

In this program, Howard & Steve discuss the basics of getting started in trading, using Stocktwits for sharing & disseminating trading ideas, the rise of high frequency trading & flash orders, and how to stay focused on what's most important when you are confronted with a barrage of information.

One of the key ideas shared in this episode (and in the 8/17 ep.) was the importance of filtering out the noise in any given medium and finding the information that provides the most value for you. Howard & Steve offered the example of filtering your info flow on Twitter and Stocktwits to build a useful network for sharing info and ideas with like-minded people.

This theme of managing information in an age of 24/7 news cycle and information overflow is something that really stands out for me, and it is an idea that I touched upon in our 2007 radio interview with Financial Blog Watch (which is kind of funny to hear now).

Have you found value in the messages on Twitter or Stocktwits, even after factoring in the claims that a large percentage of tweets are just "pointless babble"?

The Dot-Com Bubble in 1 Chart: InfoSpace

With all the recent talk of a new bubble in the making, thanks in part to the Yellen Fed's continued easy money stance , I thought it'd be instructive to revisit our previous stock market bubble - in one quick chart. So here's what a real stock market bubble looks like. Here's what a bubble *really* looks like. InfoSpace in 1999-2001. $QQQ $BCOR pic.twitter.com/xjsMk433H7 — David Shvartsman (@FinanceTrends) February 24, 2015 For those of you who are a little too young to recall it, this is a chart of InfoSpace at the height of the Nasdaq dot-com bubble in 1999-2001. This fallen angel soared to fantastic heights only to plummet back down to earth as the bubble, and InfoSpace's shady business plan , turned to rubble. As detailed in our post, " Round trip stocks: Momentum booms and busts ", InfoSpace rocketed from under $100 a share to over $1,300 a share in less than six months. In a pattern common to many parabolic shooting stars, the s

Jesse Livermore: How to Trade in Stocks (1940 Ed. E-book)

If you've been around markets for any length of time, you've probably heard of 20th century supertrader, Jesse Livermore . Today we're highlighting his rare 1940 work, How to Trade in Stocks (ebook, pdf). But first, a brief overview of Livermore's life and trading career (bio from Jesse Livermore's Wikipedia entry). "During his lifetime, Livermore gained and lost several multi-million dollar fortunes. Most notably, he was worth $3 million and $100 million after the 1907 and 1929 market crashes, respectively. He subsequently lost both fortunes. Apart from his success as a securities speculator, Livermore left traders a working philosophy for trading securities that emphasizes increasing the size of one's position as it goes in the right direction and cutting losses quickly. Ironically, Livermore sometimes did not follow his rules strictly. He claimed that lack of adherence to his own rules was the main reason for his losses after making his 1907 and

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