Tuesday, November 10, 2015

TheStreet: How Social Media Boosts Trading -- Without Helping Traders

By SIMON CONSTABLE
NEW YORK -- Just as YouTube prompted a deluge of cat videos, so social media seems to stimulate more trading in the financial markets. But unlike the cat videos, it isn't all laughs: The phenomenon seems to leave traders worse off than before.
In other words, social media boosts the quantity of trades but not the quality.
Read more here.

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