I've been beta testing a new free service called StockTickr for the last few weeks and am very impressed with it . For you Web 2.0 fans, think of it as a cross between del.icio.us and an 'old school' online portfolio tracker. It allows you track stocks via your own keywords so that they're easier to find. For example, I have stocks tagged with things like "WaitingForPullback" or "50DayMovingAverageBounce". Those labels allow me to easily find stocks that I might want to trade given a certain situation.
Here's a note from the stocktickr blog:
We hope that stocktickr will change the way people trade stocks by providing a way to collaborate on stock picks in a way people can trust. Message boards are littered with “pump and dump” schemes and have turned into excellent sources of completely unreliable information. stocktickr aims to put a little trust and reputation back into stock collaboration.stocktickr is currently in working (albeit beta) form with occasional invites floating around. Watch this blog and others for invites that become available over the coming days.
In true Web 2.0 fashion the tracking/tagging portion of the service is free. There are additional features, such as a trading journal complete with expectancy calculations, that will be available to paid 'Pro' accounts. You can sign up to be notified when the service goes live on the stocktickr home page.
I'm excited to try the new service. Good job.
Just curious, unless you are wanting to use the pay services is there any advantage to using this 'tagging' service over del.icio.us? I guess maybe that will become more clear once those of us not in the beta can get a look at it?
You mentioned it is a mash-up of sorts between del.icio.us and traditional online portfolio tools. Can you let us in on what the portfolio parts of it are?
Thanks for the tip!
Jason,
The advantages/differences vs del.icio.us:
- stocktickr tracks % return for stocks, both longs and shorts, once you've tagged them.
- stocktickr can display the current stock chart next to each stock
- you can see stock picks from other members -- which may not be such a good thing! ;-)
there are probably some others that I'm not thinking of right now...