It can be difficult for investors to make heads or tails of investing many social media websites. Thousands of messages are from new or follow-up conversations almost impossible. This is why investors should look like newly launched MarketConsensus.com. The site offers investors a simple, free and effective way to query their peers and create discussions around their own investment of choice.
"Unlike investment social sites this predominantly cater to investors in high-frequency, MarketConsensus.com is oriented towards the broader investment class," said Ogbe Airiodion, founder of MarketConsensus.com. "Our potential audience includes millions of people who are interested in financial markets - essentially the 99 percent." Often, this group of investors lack access to sophisticated algorithms and computer tools available to investors in high frequency. »
Innovative and yet easy platform to use of the site, people can query other investors to assess whether they would make the same buy, sell or hold decision. For example, in a few mouse clicks, an investor may request, "is Google for sale in my price target $ 745?" This option of direct election is particularly useful for individual investors who do not have the time to constantly monitor the stock market, but need to quickly find an agreed opinion that takes in charge of their investment decisions.
The website follows an economic theory that financial markets are generally dominated by human behaviour and expectations instead of objective or fundamentals. Therefore, the best features of the site are its simplicity and its ability to help no matter which investor gauge the market sentiment to take action on a stock at a particular target price.
"We are not trying to reinvent the wheel of investment social," said Airiodion. "We're just level the playing field by providing a tool for the wider investment class." It is on you and your ability to drive conversations centered on your own investment choices. »
MarketConsensus.com is not an investment advisory platform. Instead, it functions as a sounding board for individuals to connect with other investors about their decision to buy or sell a stock at a particular price, with the additional option to network and share ideas with others.