Trader Talk is essentially the shortened form of the much more commonly known online investor forum or blog. It is essentially an online chat room in which Wall Street professionals discuss their various experiences trading shares and share their opinions with fellow investors from all over the world. The actual name originated as a result of a push by some prominent investors to make the trading and investing community more accessible and interactive. The goal was to create a place where hedge fund and other big money investors could congregate online to exchange information. Overtime Trader Talk has developed into a highly sought after online business tool.
As a result, many individuals with only a passing interest in Wall Street have taken advantage of the ability to become a topic of conversation on various social media platforms. This phenomenon is nothing new. Indeed, Trader Talk has been around almost as long as the Internet itself. But what has changed is the number of people who regularly participate in online chat rooms. While in the past it was mostly hedge fund managers and Wall Street brokers that were the target market, today anyone with a computer and an Internet connection can become a topic of discussion. While this does not mean that anyone trading penny stocks will find their opinions given any credence, it does mean that the general public is taking notice.
Trader Talk is one of many venues on the Internet being utilized by everyday traders and investors. Others include online stock brokerages such as E-trade and TD Ameritrade as well as online options exchanges such as OverTheCounter (OTC). These companies alone account for many if not all the trading activity online. No doubt, the volume of activity will only continue to grow as more people discover the value and usefulness of having a trusted advisor to give them sound advice. So, as you can see Trader Talk is only the beginning.