The coronavirus lockdown saw a significant rise in the number of retail traders in the
stock market. The
army of untrained traders that were once considered to be simply indulging in tomfoolery
have now swayed
the tides of the global stock market to a large extent. Despite their lack of knowledge
in the field, it
is more about the energy invested in the sector that has caused a change to occur.
Thanks to multiple royalty-free trading apps in the market, a large number of people
have jumped the
bandwagon with the hope to try their luck in the stock market. While this might sound
like a disaster
brewing slowly, the results have been quite the opposite. The despairing scenario of the
where stocks only seemed to be “going up”, changed course. The newcomers pumped up a lot
of stocks last
year boosting the low optimism level of existing fund managers. A lot of them have
already taken part in
significant historic rallies in equities.
The obvious route where retail traders are considered to be an important part and parcel
of the trading
world is still being neglected. Although market veterans have pointed out enough that
the trend is
neither going to come to an end in the near future nor is it going to stop influencing
the stock market
trends; few actually take them seriously.
So far as the beginning of this investment trend is considered, the cards have played
out in the favour
of these amateur traders. No sooner than their landing, have they led to powerful
influential outcomes that now need to be taken into account. Experienced investors need
to be more
careful now. Even more, they need to understand how the next market trend is going to be
or how will the
new entry influence them.
My Social Pulse is a powerful tool for stock market traders, it allows them to listen in
to and monitor these conversations that are taking place on numerous social media
platforms in real time with active alerts. What’s more, it enables the trader to tap
into the emotions that are being generated by these conversations and provides an early
warning of what is to come before it becomes the news.