Social media is seeking to influence your investing behaviour: Will you follow the herd?
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Social media is seeking to influence your investing behaviour: Will you follow the herd?By DK Aggarwal, ET CONTRIBUTORS
Last Updated: May 22, 2021, 01:49 PM IST
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Synopsis
Many brokerage firms have been offering tools that analyze or aggregate information from social media sources to help investors make decisions.
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In this so-called ‘digitalised’ trading environment, investors have access to a variety of online information sources to make investment decisions.
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In the world of investment, timing is everything. Next is information. With the advent of technology, many social media applications such Twitter, Telegram, YouTube, Facebook, LinkedIn and others have been playing a key role in facilitating rapid flow of information, good or bad.
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