Online trading firm gets $4 million backing from big names "Benzinga" is in!

Hi, what do you make of this easy access to the Markets trading off Twitter or your Benzinga subscription? Interesting ideas their bringing out, what's your opinion?

http://finance.yahoo.com/news/onlin...million-backing-from-big-names-155414300.html

 

Dumb money magnet.

 

Im not understanding how this makes sense....what's the difference if I just make the trade from my.regular online trading account .....why would I trade a stock from an online article, a mobile app or a link in a twitter post, basically third party sites ....I can't wrap my head around this stupid pathetic idea that actually just received $4 million in funding...

So basically im reading an article about a new tech stock on wallstreet journal.com and am interested in buying it that second so I place an order to buy that stock directly from the page im reading ...so the trading tool is linked to my online brokerage account...I can honestly say I have never read an article online and at that second thought ohhh i have to get in on this companies stock right this second...are people that lazy where they can't access their trading account from the next window over on their computer to access their own trading platform......how.many people in here have actually bought a stock that second after reading an online about a particular company? I know I haven't and read a lot of articles ..

 

Correct - which is why I was implying that its entire selling point is to tap into the impulsiveness of dumb money. Just CLICK HERE TO BUY 100 shares of FAHQ stock!

 

it will be a useful tool when connected to a demo account.

 

For me, that idea is just to build up links between an article and traders' accounts, right? But I wonder: for most traders, they trade stocks and read articles at totally different times. Especially, it's useless for prop traders

 

exactly, who is going to read articles and after the article is read is going to say I have to buy this now since the analyst gave it a buy recommendation and a price target of $150.....

 

Great idea, thanks for posting the info!!

 

For the trader, yes. For the brokers collecting the commissions, no.