One of the hardest things about managing money is finding good ideas. The Real Time Financial Idea Network we’ve built at StockTwits helps solve this problem and the new Chart.ly makes it even easier.
Two of my favorite features of the NEW Chart.ly are screencasts and pattern tagging.
Built using the ridiculously easy to use screenr technology, you can record a screencast up to 5 minutes long with just one click – no need to download software or know how to make web videos. The Screencast feature is a great way to share ideas that can’t fit in the standard 140 characters as well as ideas other than technical analysis. Whether it be @charlesrotblut discussing the latest AAII survey, @abnormalreturns riffing on $GLD, or @RagheeHorner talking Forex Charts, the screencast feature makes it so easy to share and find a broad array of investment ideas.
On Chart.ly 5 minutes is the new 140.
In addition to screencasts, another feature I love is pattern tagging. You have the ability to select a pattern for every chart or screencast you upload. This is a fantastic way to zoom in and find ideas. Looking for bullish setups? We have a stream for that. Bearish on the markets and looking for stocks to short? We have a stream for that too.
It even gets down to the type of pattern. You can zoom in and look at all inverse head and shoulders, or all bear flags. For the trader looking to learn technical analysis, this is a tremendous $STUDY tool. You can really get a good feel for each pattern and learn to identify them on your own in the wild.
This is just the start of many great tools to empower users of our Financial Idea Network. If you have any suggestions on how we can make StockTwits or Chart.ly better please let us know. In the meantime get on Chart.ly and start sharing ideas!