Chat rooms have been a part of the computer world since at least 1979, according to one popular personal computing magazine. Nowadays, a chat room probably exists for almost any topic known to humans. A stock chat room, for example, is a common site on the Internet where investors of various experience levels meet to discuss investing in stocks. Before you enter a chat room for the first time, however, make sure you understand what you might run into.
A chat room is more properly known as asynchronous conferencing, and it may range from real-time online usage to one that's more bulletin board-like in character. For example, a stock chat room might allow participants to discuss stocks in real-time, meaning instantaneously and in-the-moment. For the uninitiated, a real-time chat room can be hectic, at least at first, with chat occurring at a frenetic and 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.
Generally, stock chat room members are members precisely because they love to discuss stocks and other investments. When participating in any chat room, keep in mind its intended topic or subject matter and try not to wander too far off that topic. For example, if you're in a chat room set up to discuss Widget Company's stock, try not to overly discuss the new car you just bought last week.
In the chat room world, refusing to stay on topic can earn you a poor reputation among other users. A chat room user with a reputation for aimless talk or chatter may end up socially ostracized within the room or possibly even banned by site administrators. Additionally, a place like a stock chat room may require users to have a certain level of experience before entering. When looking at a chat room, consider whether you have the experience needed to engage other users in useful or informative chat.
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.
Stock dumping normally follows stock pumping. Once a stock's share price has reached a desired level, owners of that stock will dump their shares on the markets, making themselves sometimes-significant money while leaving buyers holding the bag, so to speak. A moderated or administered stock chat room tends to see fewer stock pumpers, fortunately. Stock pumpers-and-dumpers, though, may constitute a depressing majority in some unmoderated or non-overseen chat rooms dedicated to investing and stocks.
There are a myriad of stock chat rooms that can be found on the Internet. Stocks and bonds or other finance-type websites all tend to host one form of chat or another and some are more useful than others. Within the investment world, there are also subsets of activity related to stocks, such as options trading. Before you jump into any chat room dedicated to stocks and investing, take the time to learn something about the subject matter, if only to prevent yourself from falling into a pump-and-dump scam.
A chat room is more properly known as asynchronous conferencing, and it may range from real-time online usage to one that's more bulletin board-like in character. For example, a stock chat room might allow participants to discuss stocks in real-time, meaning instantaneously and in-the-moment. For the uninitiated, a real-time chat room can be hectic, at least at first, with chat occurring at a frenetic and 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.
Generally, stock chat room members are members precisely because they love to discuss stocks and other investments. When participating in any chat room, keep in mind its intended topic or subject matter and try not to wander too far off that topic. For example, if you're in a chat room set up to discuss Widget Company's stock, try not to overly discuss the new car you just bought last week.
In the chat room world, refusing to stay on topic can earn you a poor reputation among other users. A chat room user with a reputation for aimless talk or chatter may end up socially ostracized within the room or possibly even banned by site administrators. Additionally, a place like a stock chat room may require users to have a certain level of experience before entering. When looking at a chat room, consider whether you have the experience needed to engage other users in useful or informative chat.
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.
Stock dumping normally follows stock pumping. Once a stock's share price has reached a desired level, owners of that stock will dump their shares on the markets, making themselves sometimes-significant money while leaving buyers holding the bag, so to speak. A moderated or administered stock chat room tends to see fewer stock pumpers, fortunately. Stock pumpers-and-dumpers, though, may constitute a depressing majority in some unmoderated or non-overseen chat rooms dedicated to investing and stocks.
There are a myriad of stock chat rooms that can be found on the Internet. Stocks and bonds or other finance-type websites all tend to host one form of chat or another and some are more useful than others. Within the investment world, there are also subsets of activity related to stocks, such as options trading. Before you jump into any chat room dedicated to stocks and investing, take the time to learn something about the subject matter, if only to prevent yourself from falling into a pump-and-dump scam.
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